NOT LISTED FOR SALE

617 S Ocean Blvd Unit 202 Surfside Beach, SC 29575

Estimated Value: $582,000 - $633,212

4 Beds
2 Baths
1,084 Sq Ft
$500/mo HOA Fee

Last Sold April 19, 2024

Last sale price $580,000 $535 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,960/month

31 Days on Market

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Whirlpool Bathtub
  • Seaside Elementary Rated A-
  • Private Beach
  • End Unit

About This Home

As of April 2024

Located directly on the oceanfront in the desirable Town of Surfside Beach, 202 Palmetto Dunes is an end-unit condominium that offers both location and luxury. Spanning approximately 1,084 heated square feet, it features four bedrooms and two bathrooms, providing ample space. This condo boasts stunning views of the Atlantic Ocean from a private balcony, accessible from both the living room and master bedroom. As a fully furnished condo participating in a weekly rental program, it can generate substantial rental income to offset the owners' operating costs. In recent years, the condo has undergone extensive updates and renovations, including the installation of new furnishings and a new HVAC system in 2023. This turnkey property is ready for its next owner. The condo is part of Palmetto Dunes, a small, well-maintained complex that offers a spacious oceanfront saltwater pool, ground-level owner's storage closet, and two assigned parking spaces (1 covered). With only six units, the complex is known for its intimate family atmosphere. Its unparalleled location is just a half-mile south of the Surfside Pier and restaurant district, within walking distance to local amenities such as entertainment districts, grocery stores, restaurants, parks, sports courts, and the seasonal farmer's market of Surfside Beach, affectionately known as "the family beach." Notably, local attractions such as Myrtle Beach State Park, Huntington Beach State Park, Brookgreen Gardens, and the historic city of Conway are easily accessible. Additionally, it's a mere 20 minutes to the Myrtle Beach Boardwalk and SkyWheel and close to entertainment complexes such as Barefoot Landing and Broadway at the Beach. The condo is also a stone's throw from Murrells Inlet, revered as the "Seafood Capital of South Carolina." A Matterport 3D Virtual Tour is available for a realistic walkthrough experience of the property at www.bit.ly/202PalmettoDunes. This turnkey unit allows you to own a slice of the most pristine beaches along the Grand Strand, proving there's no need to rent when you can own.

Last Agent to Sell the Property

Dan Sine

Dunes Realty Sales License #26589 Listed on: 02/20/2024

Last Buyer's Agent

Laith Kalbuneh

RE/MAX Professionals License #108950

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991

Lot Details

  • Ocean Front
  • Private Beach
  • End Unit
  • Fenced
  • Lawn

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Entry on the 1st floor
  • Raised Foundation
  • Concrete Siding

Interior Spaces

  • 1,084 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom faces the ocean
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Single Vanity
  • Whirlpool Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Schools

  • Seaside Elementary School
  • Saint James Middle School
  • Saint James High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Flood Zone Lot

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, pool service, landscape/lawn, manager, legal and accounting, master antenna/cable TV, common maint/repair, internet access, pest control
  • Low-Rise Condominium
  • The community has rules related to fencing

Amenities

  • Door to Door Trash Pickup

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Lot Description: Rectangular, Designated Flood Zone
  • Unit Location: Oceanfront-Unit, Oceanview-Unit, End Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Private Beach Comm Access
  • Estimated Year Built: 1991
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Forced Air, Central Air, Electric
  • Monthly HOA as Calculated: 500
  • HOA Management Company: Pam Furlong, Surfside Realty 843-238-3435
  • Lvt Date: 02/20/2024
  • Total Heated Sq Ft: 1084
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: Oceanfront-Building, Oceanview-Building, Inside City Limits, East Of Bus 17, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony, Fencing, Insulated Doors/Windows, Outside Storage Attached
  • Project Section Code: Palmetto Dunes - Surfside Beach
  • Rental Mgmt Contract: Yes
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1991

Interior Features

  • Bedroom 1: 15x10
  • Bedroom 2: 11x12
  • Bedroom 3: 9x9
  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Split Bedroom Plan, Washer/Dryer, Wshr/Dryer Connection, Furnished, Enter Through Foyer
  • Kitchen: 11x11
  • Living Room: 21x11
  • Master Bedroom: 11x12
  • Other Rooms: Foyer, Laundry/Utility
  • Primary Bathroom: Shower, Vanity, Whirlpool Tub
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Microwave, Range Hood, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, Oceanfront Master Bedroom
  • Bedrooms: 4
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1145

Exterior Features

  • Exterior Finish: Concrete Fiber Siding
  • Foundation: Raised Beach

Garage/Parking

  • Type: Condo
  • Parking: 2 Car Unit

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Pool Service, Landscape/Lawn, Manager, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Internet Access, Pest Control

Lot Info

  • Zoning: R3

MLS Schools

  • Elementary School: Seaside Elementary School
  • HighSchool: Saint James High School
  • Middle School: Saint James Middle School

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Apr 15, 2024
Sold by
Galilee Properties Llc
Bought by
Alsaka Hamdi
Seller's Agent
Dan Sine
Dunes Realty Sales
Buyer's Agent
Laith Kalbuneh
RE/MAX Professionals
List Price
$599,900
Sold Price
$580,000
Premium/Discount to List
-$19,900
-3.32%
Views
124
Current Estimated Value
$607,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,803
Avg. Annual Appreciation
2.90%

Purchase Details

Closed on
Jan 16, 2004
Sold by
Hugo Family Lp
Bought by
Galilee Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 24, 1999
Sold by
Kellogg Richard and Kellogg Mary Lou
Bought by
Hugo Family Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 5, 1999
Sold by
Roaden David B and Roaden Marlon S
Bought by
Kellogg Richard and Kellogg Mary Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.74%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Alsaka Hamdi $580,000 --
Galilee Properties Llc $281,000 --
Hugo Family Ltd Partnership $85,000 --
Kellogg Richard $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galilee Properties Llc $225,000
Previous Owner Kellogg Richard $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Sold $580,000 -3.3% $535 / Sq Ft
02/20/2024 02/20/24 For Sale $599,900 -- $553 / 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 $3,193 $32,100 $0 $32,100
2023 $3,193 $24,885 $0 $24,885
2021 $2,909 $24,885 $0 $24,885
2020 $2,877 $24,885 $0 $24,885
2019 $2,877 $24,885 $0 $24,885
2018 $0 $19,530 $0 $19,530
2017 $2,586 $11,160 $0 $11,160
2016 -- $11,160 $0 $11,160
2015 $2,586 $19,530 $0 $19,530
2014 $2,505 $11,160 $0 $11,160
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2404320

Coastal Carolinas Association of REALTORS®

APN: 46110010053