NOT LISTED FOR SALE

1096 E Isle of Palms Ave Unit Lot 505 Myrtle Beach, SC 29579

Pine Island Neighborhood

Estimated Value: $767,000 - $860,000

0.26 Acre
$3,131,062 Price per Acre
11,326 Sq Ft Lot

Last Sold January 31, 2017

Last sale price $50,000

Est. 1,528% increase in value since last sale

Current estimated payment $4,612/month

5 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Tennis Courts
  • River Oaks Elementary School Rated A
  • Community Pool

About This Lot

As of January 2017

Unique, Oversized lot in Prestigious Waterway Palms Plantation is Priced to Sell! No Time Frame to Build - Bring Your Own Builder. This ICW Gated Community has Amazing Amenities...2 Story Clubhouse with Observation Deck, Outdoor Pool, Tennis, Children's Play Area, Dry Dock, Boat Ramp & Private Boat Storage. Minutes to the Ocean, Shopping, Restaurants & Airport.

Last Listed By

Patti Post

JTE Real Estate License #96051 Listed on: 12/17/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,182

Year Built

  • 2019

Lot Details

HOA Fees

  • $110 Monthly HOA Fees

Schools

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

Community Details

Overview

  • Intracoastal Waterway Community

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,182

Year Built

2019

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool-Outdoor Community, Tennis Court, Gated Community
  • Class: Land
  • HOA Fee Frequency: Quarterly
  • HOA Management Company: Waccamaw 843 237-9551
  • Lvt Date: 12/20/2016
  • Monthly HOA Calculated: 110
  • Number Of Lots: 1
  • Residence: Land Only
  • Road Access: Private Only
  • Road Surface: Blacktop
  • Geo Subdivision: SC
  • Section Subdivision: Waterway Palms Plantation
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2019

Garage/Parking

  • Type: Residential Lot

Utilities

  • Sewer: Public
  • Water: Public

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: Res

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
Jul 9, 2019
Sold by
Blue Wave Homes Llc
Bought by
Henke Rebecca L and Henke David T
Total Days on Market
5
Current Estimated Value
$814,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2018
Sold by
Cmc Ventures Llc
Bought by
Blue Wave Homes Llc

Purchase Details

Listed on
Dec 17, 2016
Closed on
Jan 28, 2017
Sold by
Smith Brian T and Smith Lynne K
Bought by
Cmc Ventures Llc
Seller's Agent
Patti Post
JTE Real Estate
Buyer's Agent
Clay Cogar
Gerico Ventures, LLC
List Price
$54,800
Sold Price
$50,000
Premium/Discount to List
-$4,800
-8.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.86%

Purchase Details

Closed on
Sep 28, 2005
Sold by
South Carolina Coastal Development Inc
Bought by
Smith Brian T and Smith Lynne

Range of Values:

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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
Henke Rebecca L $495,000 --
Blue Wave Homes Llc -- --
Cmc Ventures Llc $95,000 None Available
Smith Brian T $149,880 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henke Rebecca L $75,000
Open Henke Rebecca L $444,200
Closed Henke Rebecca L $445,500
Previous Owner -- $555,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2017 01/31/17 Sold $50,000 -8.8% --
12/22/2016 12/22/16 Pending -- -- --
12/17/2016 12/17/16 For Sale $54,800 -- --
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 $2,182 $19,800 $3,960 $15,840
2023 $2,182 $19,800 $3,960 $15,840
2021 $1,962 $19,800 $3,960 $15,840
2020 $1,767 $19,800 $3,960 $15,840
2019 $840 $2,700 $2,700 $0
2018 $0 $5,518 $5,518 $0
2017 -- $1,742 $1,742 $0
2016 -- $1,742 $1,742 $0
2015 $376 $1,742 $1,742 $0
2014 $364 $1,742 $1,742 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1624180

Coastal Carolinas Association of REALTORS®

APN: 42002040001