NOT LISTED FOR SALE

863 Palmetto Trail Unit 201 Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood

Estimated Value: $218,000 - $224,000

3 Beds
2 Baths
1,251 Sq Ft
$255/mo HOA Fee

Last Sold May 12, 2016

Last sale price $120,000 $96 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,444/month

21 Days on Market

About This Home

As of May 2016

Great price on this 3 bedroom 2 bath condo in Palmetto Park! 2nd Floor unit, less than 1 mile to the beach! Don't let this great buy great away, call your agent TODAY!

Last Agent to Sell the Property

Lori Reid

Ocean Breeze Properties, LLC License #055617 Listed on: 03/29/2016

Co-Listed By

Tamara Reid

Ocean Breeze Properties, LLC License #43872

Last Buyer's Agent

Jewell Knight

Beach & Forest Realty North License #16601

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $330

Year Built

  • Built in 2002

Lot Details

  • 3,485

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • 1,251 Sq Ft Home
  • Entry on the 2nd floor
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Community Details

  • Low-Rise Condominium

Property Details

Home Type

Condominium

Est. Annual Taxes

$330

Year Built

Built in 2002

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Estimated Year Built: 2002
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • HOA Fee Frequency: Monthly
  • Monthly HOA as Calculated: 255
  • HOA Management Company: Surfside Realty 843-238-3435
  • Lvt Date: 03/29/2016
  • Total Heated Sq Ft: 1251
  • Building Style: Low-Rise 2-3 Stories
  • HOA Fees include insurance: Yes
  • Project Section Code: Palmetto Park
  • Which Floor: 02
  • Geo Subdivision: SC
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Year Built: 2002

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Sq Ft: 1251

Exterior Features

  • Exterior Finish: Vinyl Siding

Garage/Parking

  • Type: Condo
  • Parking: Assigned

Lot Info

  • Zoning: Res

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2015
Sold by
Frazer Arthur J and Frazer John W
Bought by
Federal National Mortgage Association
Current Estimated Value
$220,556

Purchase Details

Closed on
Mar 25, 2015
Sold by
Frazer Arthur J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 8, 2002
Sold by
Tangent Development Llc
Bought by
Frazer Arthur J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,900
Interest Rate
6.86%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Federal National Mortgage Association $133,409 --
Federal National Mortgage Association $133,409 --
Frazer Arthur J $95,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frazer Arthur J $75,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2016 05/12/16 Sold $120,000 0.0% $96 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $120,000 -- $96 / 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 $330 $14,490 $0 $14,490
2023 $330 $13,020 $0 $13,020
2021 $273 $13,020 $0 $13,020
2020 $236 $13,020 $0 $13,020
2019 $227 $13,020 $0 $13,020
2018 $0 $13,020 $0 $13,020
2017 $226 $13,020 $0 $13,020
2016 -- $11,865 $0 $11,865
2015 $191 $11,865 $0 $11,865
2014 $172 $4,520 $0 $4,520
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lori Reid

    Ocean Breeze Properties, LLC

    (843) 333-3927

    1 in this area

    38 Total Sales

    Lori Reid
    Section Image
  • Tamara Reid

    Seller Co-Listing Agent in 2016

    Tamara Reid

    Ocean Breeze Properties, LLC

    (843) 222-4568

    1 in this area

    38 Total Sales

    Tamara Reid
    Section Image
  • Jewell Knight

    Buyer's Agent in 2016

    Jewell Knight

    Beach & Forest Realty North

    (843) 251-5775

    8 in this area

    186 Total Sales

    Jewell Knight
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1606689

Coastal Carolinas Association of REALTORS®

APN: 44309020020

South Carolina Horry County Myrtle Beach 29577 Downtown Myrtle Beach

863 Palmetto Trail Unit 201, Myrtle Beach, SC

Not Listed for Sale

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Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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