NOT LISTED FOR SALE

Myrtle Beach Resort 5905 S Kings Hwy Unit 701 Myrtle Beach, SC 29575

Estimated Value: $93,000 - $154,000

-- Bed
1 Bath
548 Sq Ft
$1,197/mo HOA Fee

Last Sold June 05, 2024

Last sale price $80,000 $146 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,989/month

153 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Clubhouse
  • Lakewood Elementary Rated A
  • Gated Community
  • End Unit

About This Home

As of June 2024

Discover coastal living in this oceanfront unit in Myrtle Beach Resort. Fully furnished, this cozy efficiency is one of the largest in the building. This end unit boasts a unique layout with additional windows, to give you BOTH direct oceanfront and side ocean views! The kitchen is a dream, with granite countertops and full size stainless steel appliances. Enjoy the breathtaking ocean views from every corner of this unit. The couch is a sleeper with a queen memory foam mattress. Beyond the luxury interiors, indulge in a wealth of amenities, from indoor and outdoor pools to a playground, gym, library, and more. Ideal for investors, this property presents an excellent opportunity for short-term rentals. Located in the heart of Myrtle Beach near all of the best of dining, shopping, and entertainment. Seize the chance to own a piece of Myrtle Beach paradise with this oceanfront gem!

Last Agent to Sell the Property

DAmbrah King

INNOVATE Real Estate License #91407 Listed on: 12/08/2023

INNOVATE Real Estate

Last Buyer's Agent

DAmbrah King

INNOVATE Real Estate License #91407 Listed on: 12/08/2023

INNOVATE Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,257

Year Built

  • Built in 1984

Lot Details

  • End Unit

HOA Fees

  • $1,197 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Steel Siding

Interior Spaces

  • 1 Full Bathroom
  • 548 Sq Ft Home
  • Furnished
  • Window Treatments
  • Insulated Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Laminate
  • Vinyl

Pool

  • Private Pool
  • Spa

Outdoor Features

Schools

  • Lakewood Elementary School
  • Socastee Middle School
  • Socastee High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, security, rec. facilities, master antenna/cable TV, common maint/repair, telephone service in unit, internet access, pest control
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Clubhouse
  • Elevator

Recreation

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,257

Year Built

Built in 1984

Lot Details

0

HOA Fees

$1,197 per month

Listing Details

  • Unit Location: Oceanfront-Unit, Oceanview-Unit, End Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Tennis Court, Seller Disclosure, Home Owners Assn Fee, Gated Community, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Pool-Indoor Community
  • Estimated Year Built: 1984
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Vinyl, Laminate
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 1197
  • HOA Management Company: Empress 843-443-4003
  • Lvt Date: 12/08/2023
  • Sold Total Heated Sq Ft: 548
  • Sold Total Sq Ft: 548
  • Total Heated Sq Ft: 548
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, East Of Bus 17, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Elevator-Exterior, Insulated Doors/Windows, Pool-Indoor Private, Spa/Hot Tub
  • HOA Fees include insurance: Yes
  • Project Section Code: Mb Resort Rt
  • Which Floor: 07
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Furnished, Enter Through Foyer
  • Kitchen Type: Dishwasher, Refrigerator, Range, Microwave, Pantry, Stainless Steel Apps., Solid Surface Countertops
  • Bedrooms: Efficiency
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 548

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: 1.5 Car Unit

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Security, Rec. Facilities, Master Antenna/Cable Tv, Common Maint/Repair, Telephone Service In Unit, Internet Access, Pest Control

Schools

  • Elementary School: Lakewood Elementary School
  • Middle School: Socastee Middle School
  • High School: Socastee High School

Lot Info

  • Zoning: MF

MLS Schools

  • Elementary School: Lakewood Elementary School
  • HighSchool: Socastee High School
  • Middle School: Socastee Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Jun 5, 2024
Sold by
Adams Michael Anthony
Bought by
Richardson Jeffrey L
Seller's Agent
DAmbrah King
INNOVATE Real Estate
Buyer's Agent
DAmbrah King
INNOVATE Real Estate
List Price
$135,000
Sold Price
$80,000
Premium/Discount to List
-$55,000
-40.74%
Total Days on Market
153
Views
186
Current Estimated Value
$122,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,784
Avg. Annual Appreciation
53.48%

Purchase Details

Closed on
Nov 4, 2020
Sold by
Seeders James E
Bought by
Adams Michael Anthony and Adams Delcie Milhouse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2019
Closed on
Feb 12, 2020
Sold by
Nieves Drusila F
Bought by
Seeders James E and Shelhorse Tami
Seller's Agent
Kevin Skipper
CB Sea Coast Advantage MI
Buyer's Agent
Lori Harper
RE/MAX Southern Shores
List Price
$100,000
Sold Price
$80,200
Premium/Discount to List
-$19,800
-19.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%

Purchase Details

Closed on
May 12, 2006
Sold by
Kelly Christopher and Kelly Elizabeth
Bought by
Brusila Nieves Nehemias and Brusila Nieves

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
6.41%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 24, 2003
Sold by
Kubis Charles A and Kubis Patricia A
Bought by
Kelly Christopher and Kelly Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.07%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Richardson Jeffrey L $80,000 --
Adams Michael Anthony $95,000 --
Seeders James E $80,200 --
Brusila Nieves Nehemias $179,000 None Available
Kelly Christopher $57,278 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Michael Anthony $76,000
Previous Owner Brusila Nieves Nehemias $143,200
Previous Owner Kelly Christopher $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $80,000 -15.8% $146 / Sq Ft
04/26/2024 04/26/24 Price Changed $95,000 -4.0% $173 / Sq Ft
04/16/2024 04/16/24 Price Changed $98,999 -1.0% $181 / Sq Ft
03/12/2024 03/12/24 Price Changed $99,999 -13.0% $182 / Sq Ft
02/19/2024 02/19/24 Price Changed $114,900 -11.5% $210 / Sq Ft
12/15/2023 12/15/23 Price Changed $129,900 -3.8% $237 / Sq Ft
12/08/2023 12/08/23 For Sale $135,000 +68.3% $246 / Sq Ft
02/18/2020 02/18/20 Sold $80,200 -10.8% $146 / Sq Ft
01/21/2020 01/21/20 Price Changed $89,900 -6.4% $164 / Sq Ft
12/13/2019 12/13/19 Price Changed $96,000 -4.0% $175 / Sq Ft
11/14/2019 11/14/19 For Sale $100,000 -- $182 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,257 $9,450 $0 $9,450
2021 $1,238 $9,450 $0 $9,450
2020 $1,107 $9,450 $0 $9,450
2019 $1,107 $9,450 $0 $9,450
2018 $0 $7,875 $0 $7,875
2017 $0 $4,500 $0 $4,500
2016 $0 $4,500 $0 $4,500
2015 -- $7,875 $0 $7,875
2014 $954 $4,500 $0 $4,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2324847

Coastal Carolinas Association of REALTORS®

APN: 45905030176