NOT LISTED FOR SALE

Estimated Value: $713,000 - $882,000

5 Beds
4.5 Baths
3,585 Sq Ft
$233/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $849,000 $237 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,644/month

38 Days on Market

Highlights

  • Boat Ramp
  • Lake On Lot
  • Clubhouse
  • River Oaks Elementary School Rated A
  • Gated Community
  • Soaking Tub and Shower Combination in Primary Bathroom

About This Home

As of February 2023

1087 E. Isle of Palms in Waterway Palms Plantation is a huge new construction home. Positioned on a lake view homesite, this home offers just under 3600 heated square feet and 4489 total square feet. You have an open floor plan on the main level with natural light from all angles. The Owner's Suite and secondary bedrooms are also on the main level. Upstairs you have three more bedrooms and a bonus room. The multifaceted bonus room could be a home gym, media room, or even a 6th bedroom. Do not miss out on the sprawling home in one of Myrtle Beach's hottest communities. Waterway Palms Plantation gated planned residential community located on the Intercostal Waterway (ICW). Situated in Carolina Forest, Waterway Palms is ideally located near shopping, grocery stores, and other daily goods and service vendors. Only a short 6-mile drive to the vast, friendly beaches and theAtlantic Ocean Waterway Palms offers the best of both land and sea. The focal point of this magnificent waterway community is the impressive two-story community clubhouse. This fantastic facility features a large swimming pool, tennis courts, playground area, party rooms, catering kitchen, social areas, verandas, and viewing pavilions. Homeowners are also afforded access to dry dock boat storage and a boat launch into the ICW. Don't miss out on this beautiful new construction home. Start living the Vacation Life.

Last Listed By

Jason Ellis

JTE Real Estate License #9287 Listed on: 12/05/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,744

Year Built

  • Built in 2023

Lot Details

  • 7,405 Sq Ft Lot
  • Rectangular Lot
  • Property is zoned PUD

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 3,585 Sq Ft Home
  • Tray Ceiling
  • Family Room with Fireplace
  • Dining Area
  • Den
  • Bonus Room
  • Screened Porch
  • Carpet
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Lake On Lot
  • Wood patio

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, manager, common maint/repair, recreation facilities, legal and accounting
  • Built by Howell Homes
  • The community has rules related to allowable golf cart usage in the community
  • Intracoastal Waterway Community

Recreation

  • Boat Ramp
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,744

Year Built

Built in 2023

Lot Details

0

HOA Fees

$117 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, Long Term Rental Allowed, Owner Allowed Motorcycle, Owner Allowed Golf Cart, Owner Allowed Pet, Boat Ramp
  • Estimated Year Built: 2023
  • Class: Residential
  • Construction Status: Never Occupied
  • Family Rm Great Rm: Beam, Fireplace
  • Floor Cover: Tile, Wood, Carpeting
  • HOA Fee Frequency: Quarterly
  • Great Family Room: 16x24
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 117
  • HOA Management Company: Waccamaw
  • Lvt Date: 12/05/2022
  • Sold Total Heated Sq Ft: 3585
  • Sold Total Sq Ft: 4489
  • Style: Traditional
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 3585
  • Geo Subdivision: SC
  • Section Subdivision: Waterway Palms Plantation
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2023

Interior Features

  • Bedroom 1: 14'10x13
  • Bedroom 2: 18'2x11
  • Bedroom 3: 13'4x14'6
  • Dining Room: 12'6x11
  • Interior Amenities: Smoke Detector, Wshr/Dryer Connection, Fireplace
  • Kitchen: 12x17
  • Master Bedroom: 15'6x17
  • Other Rooms: Den/Study/Library, 1st Floor Bedrooms, 1st Floor Baths, Laundry/Utility, Screened Porch, Bonus Room
  • Primary Bathroom: Double Sink, Shower, Tub, Vanity
  • Kitchen Type: Range, Work Island, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Pantry, Range Hood, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: 1st Flr Level, Walk-In Closet, Tray Ceiling
  • Bedrooms: 5
  • Dining Room Type: Area, Tray Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 4489

Exterior Features

  • Exterior Features: Front Porch, Rear Porch, Lawn Sprinkler
  • Exterior Finish: Concrete Fiber Siding
  • Foundation: Slab
  • Number Of Acres: 0.17

Garage/Parking

  • Type: Detached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Manager, Common Maint/Repair, Recreation Facilities, Legal And Accounting

Schools

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

Lot Info

  • Lot Location: On Lake/Pond, In Icw Community
  • Zoning: PUD

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

Listed on
Dec 5, 2022
Closed on
Feb 15, 2023
Sold by
Howell Homes Inc
Bought by
Steele Robert K and Steele Sherri G
Seller's Agent
Jason Ellis
JTE Real Estate
Buyer's Agent
Jason Ellis
JTE Real Estate
List Price
$859,000
Sold Price
$849,000
Premium/Discount to List
-$10,000
-1.16%
Total Days on Market
38
Views
68
Current Estimated Value
$835,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,362
Avg. Annual Appreciation
-2.28%
Original Mortgage
$50,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2020
Closed on
Oct 27, 2021
Sold by
Miu David
Bought by
Howell Homes Inc
Seller's Agent
Chris Price
Price & Company Realty Inc.
Buyer's Agent
Richard Sander
Price & Company Realty Inc.
List Price
$70,000
Sold Price
$65,000
Premium/Discount to List
-$5,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
621.87%

Purchase Details

Closed on
Sep 29, 2005
Sold by
South Carolina Coastal Development Inc
Bought by
Miu David and Miu Lily S

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
Steele Robert K $849,000 --
Howell Homes Inc $65,000 --
Miu David $124,685 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Steele Robert K $50,000
Open Steele Robert K $679,200
Previous Owner Howell Homes Inc $440,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold $849,000 -1.2% $237 / Sq Ft
12/05/2022 12/05/22 For Sale $859,000 +1221.5% $240 / Sq Ft
10/29/2021 10/29/21 Sold $65,000 -7.1% --
08/24/2020 08/24/20 For Sale $70,000 -- --
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 $10,744 $3,427 $3,427 $0
2023 $10,744 $3,427 $3,427 $0
2021 $1,167 $3,427 $3,427 $0
2020 $358 $3,427 $3,427 $0
2019 $358 $3,427 $3,427 $0
2018 $324 $1,475 $1,475 $0
2017 $321 $1,475 $1,475 $0
2016 -- $1,475 $1,475 $0
2015 $321 $1,475 $1,475 $0
2014 $310 $1,475 $1,475 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2226049

Coastal Carolinas Association of REALTORS®

APN: 42001030007