NOT LISTED FOR SALE

1038 E Isle of Palms Ave Unit Lot 491 Myrtle Beach, SC 29579

Pine Island Neighborhood

Estimated Value: $759,000 - $888,000

4 Beds
3.5 Baths
3,326 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 10, 2018

Last sale price $452,000 $136 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,778/month

185 Days on Market

Highlights

  • Newly Remodeled
  • Gated Community
  • Traditional Architecture
  • River Oaks Elementary School Rated A
  • Clubhouse
  • Main Floor Primary Bedroom

About This Home

As of October 2018

Waterway Palms Plantation is gated planned residential community located on the Intercostal Waterway (ICW). Situated in Carolina Forest Waterway Palms is perfectly located near shopping, grocery stores and other daily goods and service vendors. Only a short 6-mile drive to the wide friendly beaches and the Atlantic Ocean Waterway Palms offers the best of both land and sea. Housing at Waterway Palms is fashioned after the iconic Battery District in Historic Charleston, SC. There are two distinct styles of housing. First, and most recognizable, is the multilevel “Row Home”, the second option is the ever popular “Low Country” home. The focal point of this magnificent waterway community is the impressive two-story community clubhouse. This amazing facility features a large swimming pool, tennis courts, playground area, party rooms, catering kitchen, social areas, verandas and viewing gazebos. Homeowners are also afforded access to dry dock boat storage and a boat launch into the ICW. 1038 Isle of Palms Drive is one of the newest real estate offerings in Waterway Palms Plantation. This new construction 4 bedroom 3.5 bathroom 2 car garage Low Country home offers all of the elegant upmarket features that discriminating buyers will require. The large open kitchen and great room will instantly become a favorite “hang out” for friends, family and guests. Porches, patios and an upstairs balcony give this awesome floor plan a true Southern Lifestyle feeling. Don’t miss out on this beautiful new construction home. Construction is underway and scheduled for completion very soon! Start living the Vacation Life.

Last Agent to Sell the Property

Jason Ellis

JTE Real Estate License #9287 Listed on: 02/26/2018

Last Buyer's Agent

Jeffrey Gabriel

Omni Real Estate MB License #99785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,329

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Rectangular Lot
  • Property is zoned PDD

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Concrete Siding
  • Tile

Interior Spaces

  • 3,326 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room
  • Den
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Patio
  • Rear Porch

Schools

  • River Oaks Elementary School
  • Ocean Bay Middle School
  • Carolina Forest High School

Utilities

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

Community Details

Overview

  • Association fees include electric common, legal and accounting, manager, pool service, recreation facilities, trash pickup
  • Intracoastal Waterway Community

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,329

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$110 per month

Parking

4

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool - Outdoor Community, Tennis Court, Security, Gated Community
  • Estimated Year Built: 2018
  • Class: Residential
  • Construction Status: Never Occupied
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Quarterly
  • Great Family Room: 21x20
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 110
  • HOA Management Company: Waccamaw Management (843) 237-9551
  • Lvt Date: 02/26/2018
  • Sold Total Heated Sq Ft: 3326
  • Sold Total Sq Ft: 4370
  • Style: Traditional
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 3326
  • Geo Subdivision: SC
  • Section Subdivision: Waterway Palms Plantation
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2018

Interior Features

  • Bedroom 1: 15.6x12.6
  • Bedroom 2: 15x12.4
  • Bedroom 3: 12.4x12.6
  • Dining Room: 11.8x13.6
  • Interior Amenities: Garage Door Opener, Smoke Detector, Wshr/Dryer Connection
  • Kitchen: 12x11.7
  • Master Bedroom: 15.10x14.6
  • Other Rooms: Den/Study/Library, Laundry/Utility
  • Primary Bathroom: Double Sink, Garden Tub, Shower
  • Kitchen Type: Breakfast Bar, Breakfast Nook, Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Range, Stainless Steel Apps., Work Island
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan, Walk-In Closet
  • Bedrooms: 4
  • Dining Room Type: Formal
  • Formal Dining: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 4370

Exterior Features

  • Exterior Features: Patio, Rear Porch, Lawn Sprinkler
  • Exterior Finish: Brick Veneer, Concrete Fiber Siding
  • Foundation: Slab

Garage/Parking

  • Type: Detached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Legal And Accounting, Manager, Pool Service, Recreation Facilities, Trash Pickup

Schools

  • Elementary School: River Oaks Elementary
  • Middle School: Ocean Bay Middle School
  • High School: Carolina Forest High School

Lot Info

  • Lot Location: In Icw Community
  • Zoning: PDD

MLS Schools

  • Elementary School: River Oaks Elementary
  • HighSchool: Carolina Forest High School
  • Middle School: Ocean Bay Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2020
Sold by
Ikerd Brett Alexander
Bought by
Martin Michael G and Martin Julie M
Total Days on Market
185
Current Estimated Value
$813,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,700
Outstanding Balance
$432,668
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$373,919

Purchase Details

Listed on
Feb 26, 2018
Closed on
Oct 10, 2018
Sold by
Clearwater Capital Group Llc
Bought by
Ikerd Brett Alexander
Seller's Agent
Jason Ellis
JTE Real Estate
Buyer's Agent
Jeffrey Gabriel
Omni Real Estate MB
List Price
$470,000
Sold Price
$452,000
Premium/Discount to List
-$18,000
-3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$392,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2017
Sold by
Clearwater Capital Group L
Bought by
Clearwater Capital Group Llc and Carolodo Properties Llc

Purchase Details

Closed on
Nov 11, 2005
Sold by
South Carolina Coastal Development Inc
Bought by
Pollatos Anna
Source: Public Records

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Range of Values:

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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
Martin Michael G $533,000 --
Ikerd Brett Alexander $452,000 --
Clearwater Capital Group Llc -- --
Pollatos Anna $110,285 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Michael G $479,700
Previous Owner Ikerd Brett A $347,000
Previous Owner Ikerd Brett Alexander $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2018 10/10/18 Sold $452,000 -1.1% $136 / Sq Ft
08/21/2018 08/21/18 Price Changed $456,900 -2.8% $137 / Sq Ft
02/26/2018 02/26/18 For Sale $470,000 -- $141 / 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 $2,329 $21,187 $3,811 $17,376
2023 $2,329 $21,187 $3,811 $17,376
2021 $6,849 $21,187 $3,811 $17,376
2020 $1,650 $18,455 $2,415 $16,040
2019 $1,582 $18,079 $2,415 $15,664
2018 $0 $2,597 $2,597 $0
2017 $0 $1,558 $1,558 $0
2016 -- $1,558 $1,558 $0
2015 $338 $1,559 $1,559 $0
2014 $327 $1,559 $1,559 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1803993

Coastal Carolinas Association of REALTORS®

APN: 42008020076