NOT LISTED FOR SALE

875 Palmetto Trail Unit 101 Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood

Estimated Value: $222,000 - $234,000

3 Beds
2 Baths
1,263 Sq Ft
$285/mo HOA Fee

Last Sold March 28, 2024

Last sale price $257,000 $203 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,670/month

168 Days on Market

Highlights

  • Lake View
  • End Unit
  • Screened Porch
  • Main Floor Primary Bedroom
  • Solid Surface Countertops
  • Community Pool

About This Home

As of March 2024

This beautiful three bedroom, two bath, first floor condo has recently been professionally renovated and decorated with HVAC replaced in 2022, white kitchen cabinets, quartz countertops, smooth ceilings, freshly painted, LVP flooring throughout, new lights and ceilinng fans and much more! Enjoy the serene views of the lake from your spacious screen porch. Just minutes down to the beach! SHOWS LIKE A MODEL!! A MUST SEE!! Furniture may be purchased on a separate Bill of Sale paid directly to sellers at closing. With its great location and easy access to Hwy’s 501, 707, 544, 17 Business & By-Pass, 31, 22, 9 and all the frontage roads, getting to any point of the county is within just a short drive. You can enjoy all that the Grand Strand has to offer; including shopping, dining, healthcare, attractions, entertainment, state parks, piers, marinas, golf, Market Common, Broadway, Barefoot, Brookgreen,Intracoastal Waterway and of course the beautiful white pristine beaches of the Carolina coast. Don’t miss out on the awesome opportunity to own your own piece of paradise so you can enjoy the laid back lifestyle that only comes from living near the coast. The Grand Strand has so much to offer, for any age. Come home to the beautiful Grand Strand today! This listing information is deemed reliable, but is not guaranteed. Neither the Coastal Carolinas Association of REALTORS, nor the listing broker, nor the selling broker, nor their agents or sub-agents are responsible for the accuracy of this information. The buyer is solely responsible for verifying any and all information. This information is provided by the Coastal Carolinas Association of REALTORS for use by its members and is not intended for use for any other purpose. Thank You.

Last Agent to Sell the Property

Boyd Team

INNOVATE Real Estate Listed on: 09/04/2023

INNOVATE Real Estate

Co-Listed By

Edward Eddie Boyd

INNOVATE Real Estate License #3764

Last Buyer's Agent

Boyd Team

INNOVATE Real Estate Listed on: 09/04/2023

INNOVATE Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

Lot Details

  • 5,576

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,263 Sq Ft Home
  • Ceiling Fan
  • Insulated Doors
  • Entrance Foyer
  • Family or Dining Combination
  • Screened Porch
  • Luxury Vinyl Tile Flooring
  • Lake Views

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Linen Closet
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Single Vanity
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Intermediate School
  • Myrtle Beach High School

Utilities

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

Additional Features

  • Patio
  • End Unit

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Unit Location: End Unit, Lake/Pond View
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Long Term Rental Allowed
  • Estimated Year Built: 2002
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 285
  • HOA Management Company: MB Realty - Mike Couture 843-238-5185
  • Living Room Type: Ceiling Fan
  • Lvt Date: 09/04/2023
  • Sold Total Heated Sq Ft: 1263
  • Sold Total Sq Ft: 1300
  • Total Heated Sq Ft: 1263
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: On Lake/Pond, Inside City Limits, East Of Highway 17 Bypass
  • Exterior Unit Features: Patio, Insulated Doors/Windows, Outside Storage Attached
  • HOA Fees include insurance: Yes
  • Project Section Code: Palmetto Park
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2002

Interior Features

  • Bedroom 1: 11x09
  • Bedroom 2: 11x09
  • Dining Room: 08x10
  • Interior Amenities: Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Enter Through Foyer
  • Kitchen: 06x09
  • Living Room: 13x16
  • Master Bedroom: 12x11
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms, Foyer, Laundry/Utility, Screened Porch
  • Primary Bathroom: Shower, Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Microwave, Solid Surface Countertops
  • Master Bedroom Type: 1st Flr Level, Linen Closet, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Fam/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1300

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: 1.5 Car Unit

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Zoning: MF

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2023
Closed on
Mar 28, 2024
Sold by
Cayton Jeffrey Wayne
Bought by
Murdock Vickie Mae
Seller's Agent
Boyd Team
INNOVATE Real Estate
Buyer's Agent
Boyd Team
INNOVATE Real Estate
List Price
$269,900
Sold Price
$257,000
Premium/Discount to List
-$12,900
-4.78%
Views
280
Current Estimated Value
$229,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,679
Avg. Annual Appreciation
-4.48%
Original Mortgage
$244,150
Outstanding Balance
$241,206
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
-$1,165

Purchase Details

Closed on
Apr 5, 2023
Sold by
Cayton Brian Joseph
Bought by
Cayton Jeffrey Wayne

Purchase Details

Closed on
Nov 21, 2022
Sold by
Cayton Wallace Bruce
Bought by
Cayton Jeffrey Wayne and Cayton Brian Joseph

Purchase Details

Closed on
Jul 31, 2002
Sold by
Tangent Development Llc
Bought by
Cayton Wallace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Murdock Vickie Mae $257,000 --
Cayton Jeffrey Wayne $47,000 --
Cayton Jeffrey Wayne -- --
Cayton Wallace $94,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murdock Vickie Mae $244,150
Previous Owner Cayton Wallace $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $257,000 -3.0% $203 / Sq Ft
10/11/2023 10/11/23 Price Changed $264,900 -1.9% $210 / Sq Ft
09/04/2023 09/04/23 For Sale $269,900 -- $214 / 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 -- $9,660 $0 $9,660
2023 $2,033 $13,020 $0 $13,020
2021 $2,010 $13,020 $0 $13,020
2020 $236 $13,020 $0 $13,020
2019 $227 $13,020 $0 $13,020
2018 $0 $11,865 $0 $11,865
2017 $0 $11,865 $0 $11,865
2016 $0 $11,865 $0 $11,865
2015 -- $4,520 $0 $4,520
2014 $172 $4,520 $0 $4,520
Source: Public Records

Agents Affiliated with this Home

  • Boyd Team

    Seller's Agent in 2024

    Boyd Team

    INNOVATE Real Estate

    (843) 222-5100

    7 in this area

    197 Total Sales

    Boyd Team
    Section Image
  • Edward Eddie Boyd

    Seller Co-Listing Agent in 2024

    Edward Eddie Boyd

    INNOVATE Real Estate

    (843) 222-8566

    3 in this area

    59 Total Sales

    Edward Eddie Boyd
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2317880

Coastal Carolinas Association of REALTORS®

APN: 44309020034

South Carolina Horry County Myrtle Beach 29577 Downtown Myrtle Beach

875 Palmetto Trail Unit 101, Myrtle Beach, SC

This home is located at 875 Palmetto Trail Unit 101, Myrtle Beach, SC 29577 since 04 September 2023 and is currently estimated at $229,321, approximately $181 per square foot. This property was built in 2002. 875 Palmetto Trail Unit 101 is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Primary School, and Myrtle Beach Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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