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CondominiumResidential

1505 Lanterns Rest Rd

MYRTLE BEACH, SC 29579
0.13 ac
Lot SizeThe size of the land the home sits on, from county records.
2006
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 200673 floors9 units1,510–1,520 ft²
$2.2M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$245K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$161
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-18.5%vs the Myrtle Beach ZIP median sale $/ft² ($198)

Sales Performance

$235K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
1
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
11.1%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+1.4%per yeartypical hold 6.3 yrsfrom 12 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20072011201620172018202020222026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20072011201620172018202020222026

20 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

3 bed
9 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
3 bd · 2 ba · 1,510 ft²
6 units
3 bd · 2 ba · 1,520 ft²
3 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$229K–$229K
1 unit
$235K–$235K
1 unit
$240K–$240K
1 unit
$245K–$245K
2 units
$248K–$248K
1 unit
$252K–$252K
1 unit
$257K–$257K
2 units

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Unit lines by $/ft²Condo units stacked vertically share a unit line — the last digits of the unit number (like 05 in 1205, 1305, 1405). Lines share a layout and exposure, so comparing estimated $/ft² by line shows which position in the building commands a premium.
Line ·03
$168/ft²
Line ·01
$159/ft²
Line ·02
$159/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.44%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.22%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.5.2 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.50%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.22%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$245,841
Median tax billThe middle annual property tax bill among the building's units.$1,908
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 7-301May 1, 2026$234,900Unit 7-203Jun 27, 2022$280,000Unit 7-102Jul 2, 2021$189,900Unit 7-103Apr 20, 2021$165,000Unit 7-303Oct 30, 2020$172,500Unit 7-103Feb 14, 2020$162,000Unit 7-103Oct 29, 2018$162,500Unit 7-102Aug 14, 2018$149,000Unit 7-302Jun 29, 2017$108,000Unit 7-301Jun 10, 2016$139,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.48 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.45%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Conventional
CountyHorry
Lot (acres)The size of the land the home sits on, from county records.0.13
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Heat Pump
CoolingThe type of cooling or air conditioning in the home.Central

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Pine Island Elementary School
Elementary · Grades PK–5 · 3.2 mi
M
Ten Oaks Middle SchoolB+
Middle · Grades 6–8 · 5.2 mi
H
Carolina Forest High SchoolB+
High · Grades 9–12 · 5.7 mi

District: Horry County School District

Neighborhood · ZIP 29579These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.60
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.98
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.180

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.22%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.54,777
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,195 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$69,760
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$87,126
Average tempThe average temperature here across a full year.63°F
Annual precipHow much rain and melted snow falls here in a typical year.52 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.64%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

1505 Lanterns Rest Rd # 7-101
3 bd · 2 ba · 1,510 ft²
$252K
1505 Lanterns Rest Rd # 7-102
3 bd · 2 ba · 1,520 ft²
$245K
1505 Lanterns Rest Rd # 7-103
3 bd · 2 ba · 1,510 ft²
$257K
1505 Lanterns Rest Rd # 7-201
3 bd · 2 ba · 1,510 ft²
$240K
1505 Lanterns Rest Rd # 7-202
3 bd · 2 ba · 1,520 ft²
$245K
1505 Lanterns Rest Rd # 7-203
3 bd · 2 ba · 1,510 ft²
$257K
1505 Lanterns Rest Rd # 7-301
3 bd · 2 ba · 1,510 ft²
$229K
1505 Lanterns Rest Rd # 7-302
3 bd · 2 ba · 1,520 ft²
$235K
1505 Lanterns Rest Rd # 7-303
3 bd · 2 ba · 1,510 ft²
$248K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 1505 Lanterns Rest Rd

How many units are in 1505 Lanterns Rest Rd, Myrtle Beach, SC?

1505 Lanterns Rest Rd, Myrtle Beach, SC has 9 residential units across 73 floors, built in 2006, according to county assessor records.

What is a unit at 1505 Lanterns Rest Rd, Myrtle Beach, SC worth?

The median TopHap Estimate across the 9 units at 1505 Lanterns Rest Rd, Myrtle Beach, SC is $245,156. That works out to $161 per square foot. Units run from 1,510 to 1,520 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 1505 Lanterns Rest Rd, Myrtle Beach, SC expensive for Myrtle Beach?

Units at 1505 Lanterns Rest Rd, Myrtle Beach, SC carry a median of $161 per square foot, 19% below the Myrtle Beach median of $198 per square foot.

How often do units sell at 1505 Lanterns Rest Rd, Myrtle Beach, SC?

1 units at 1505 Lanterns Rest Rd, Myrtle Beach, SC sold in the last 12 months, out of 20 recorded arms-length sales all time. That is a turnover rate of 11.1% of the building per year. The median sale over that period was $235K.

Have units at 1505 Lanterns Rest Rd, Myrtle Beach, SC appreciated?

Across 12 repeat sales of the same unit, 1505 Lanterns Rest Rd, Myrtle Beach, SC returned a median 1.4% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 6.3 years.

What floor plans does 1505 Lanterns Rest Rd, Myrtle Beach, SC have?

The most common plan at 1505 Lanterns Rest Rd, Myrtle Beach, SC is a 3-bedroom of 1,510 square feet, repeated 6 times, with a median estimate of $249,970. TopHap identifies 2 recurring plans in the building.

More homes on Lanterns Rest Rd # 7-101

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