$77,000
SOLD AUG 24, 2020

Myrtle Beach Resort 5905 S Kings Hwy Unit 706 Myrtle Beach, SC 29575

-- Bed
1 Bath
500 Sq Ft
$295/mo HOA Fee

Recently Sold

$154 Per Sq Ft

4% Below List Price

36 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • Furnished
  • Lakewood Elementary Rated A
  • Soaking Tub in Primary Bathroom
  • Lawn

About This Home

As of August 2020

AMAZING LOCATION/VIEWS in prestigious gated MB Resort. Rare find at a great price. Listed/priced as a studio but is one of the few at MB Resort with a separate MBR area with closet and beach views . HOA dues also at low studio rate and include internet, cable, water, and all resort amenities (see below). New water heater, air handling unit, dishwasher, and stove. Resort includes 6 swimming pools (2 indoor), 4 whirlpools (one indoors), 4 lighted tennis courts, basketball court, shuffleboard, volleyball court, 3 health spas with saunas/steam rooms, exercise rooms, playgrounds and organized children’s activities (summer). Laundry facility is on first floor. It has had an excellent rental history and a fun getaway for our family! We live in FL and want to buy closer to home, so reluctantly selling to purchase closer to home.

Last Agent to Sell the Property

Randal Longo

Isave Realty Listed on: 05/25/2020

Last Buyer's Agent

Grand Strand Team

INNOVATE Real Estate

INNOVATE Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,060

Year Built

  • Built in 1985

Lot Details

  • Lawn

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Steel Siding
  • Tile

Interior Spaces

  • 500 Sq Ft Home
  • Furnished
  • Open Floorplan

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Soaking Tub in Primary Bathroom

Home Security

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Built-In Barbecue

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Door to Door Trash Pickup
  • Elevator

Recreation

Building Details

  • Security

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,060

Year Built

Built in 1985

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Unit Location: Oceanview-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Security, Tennis Court, Home Owners Assn Fee, Gated Community, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance
  • Estimated Year Built: 1985
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 295
  • Lvt Date: 05/25/2020
  • Sold Total Heated Sq Ft: 500
  • Sold Total Sq Ft: 510
  • Total Heated Sq Ft: 500
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Oceanview-Building, Outside City Limits
  • Exterior Unit Features: Balcony, Lawn Sprinkler, Pool-Outdoor Private, Built-In Bbq, Elevator-Exterior, Handicap Access, Pool-Indoor Private, Spa/Hot Tub
  • Gross Annual Rental Incom: 9500
  • 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: 1985

Interior Features

  • Furnished: Yes
  • Interior Amenities: Smoke Detector, Furnished
  • Primary Bathroom: Tub
  • Kitchen Type: Dishwasher, Refrigerator, Range, Microwave
  • Bedrooms: Efficiency
  • Dining Room Type: Kit/Dr Combo, Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 510

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo

Utilities

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

Condo/Co-op/Association

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

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
May 25, 2020
Closed on
Aug 5, 2020
Sold by
Marti Cammie C
Bought by
Saunders Trevora Antwanette
Seller's Agent
Randal Longo
Isave Realty
Buyer's Agent
Grand Strand Team
INNOVATE Real Estate
List Price
$79,999
Sold Price
$77,000
Premium/Discount to List
-$2,999
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$69,300
Outstanding Balance
$62,161
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$43,778

Purchase Details

Listed on
Apr 28, 2016
Closed on
Aug 23, 2016
Sold by
Marshall Phillip L
Bought by
Marti Cammie C Loren R
Seller's Agent
Bruce Brown
RE/MAX Southern Shores GC
Buyer's Agent
Matthew Holland
CB Sea Coast Advantage CF
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%

Purchase Details

Closed on
Mar 18, 2005
Sold by
Simmons Donald C and Simmons Rayma L
Bought by
Marshall Phillip L and Marshall Charlotte A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,200
Interest Rate
1%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 19, 2000
Sold by
Pitts James L and Perry David
Bought by
Simmons Donald C and Simmons Rayman L
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $77,000 --
Warranty Deed $60,000 --
Warranty Deed $86,000 --
Survivorship Deed $42,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $69,300 New Conventional
Previous Owner $60,200 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Price Changed $99,900 -2.5% $245 / Sq Ft
05/06/2025 05/06/25 Price Changed $102,500 -6.7% $252 / Sq Ft
02/10/2025 02/10/25 For Sale $109,900 +42.7% $270 / Sq Ft
08/24/2020 08/24/20 Sold $77,000 -0.6% $154 / Sq Ft
06/22/2020 06/22/20 Price Changed $77,499 -3.1% $155 / Sq Ft
05/25/2020 05/25/20 For Sale $79,999 +33.3% $160 / Sq Ft
08/24/2016 08/24/16 Sold $60,000 -7.7% $159 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $65,000 -- $172 / 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
2024 $1,060 $7,350 $0 $7,350
2023 $1,060 $7,350 $0 $7,350
2021 $983 $7,350 $0 $7,350
2020 $752 $7,350 $0 $7,350
2019 $752 $7,350 $0 $7,350
2018 $0 $5,250 $0 $5,250
2017 -- $3,000 $0 $3,000
2016 -- $2,640 $0 $2,640
2015 $591 $4,620 $0 $4,620
2014 -- $2,640 $0 $2,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2010480

Coastal Carolinas Association of REALTORS®

APN: 45905030348