NOT LISTED FOR SALE

1278 E Isle of Palms Ave Unit Lot 723 Myrtle Beach, SC 29579

Pine Island Neighborhood

Estimated Value: $860,000 - $951,000

0.19 Acre
$4,745,616 Price per Acre
8,276 Sq Ft Lot

Last Sold January 31, 2017

Last sale price $46,500

Est. 1,839% increase in value since last sale

Current estimated payment $5,008/month

1 Day on Market

Highlights

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

About This Lot

As of January 2017

Build your dream home on this wonderful Lake Front Lot in Waterway Palms Plantation. Bring your own builder with no time frame to build. This Gated ICW Community takes pride in its meticulously maintained landscape. Amenities include 2 Story Clubhouse with Observation Deck, Tennis, Outdoor Pool, Children's Play Area, Dry Dock, Boat Ramp & Private Boat Storage. Ideally located - Minutes to the Ocean, Shopping, Restaurants & Airport. "Welcome Home"

Last Agent to Sell the Property

Patti Post

JTE Real Estate License #96051 Listed on: 12/21/2016

Last Buyer's Agent

Clay Cogar

Gerico Ventures, LLC License #80690

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,405

Lot Details

HOA Fees

  • $110 Monthly HOA Fees

Schools

  • River Oaks Elementary School
  • Out Of Operation-Carolina Forest 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

$1,405

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 Mgmt - 843 903-9551
  • Lvt Date: 12/21/2016
  • Monthly HOA Calculated: 110
  • Number Of Lots: 1
  • Road Access: Private Only
  • Road Surface: Blacktop
  • Geo Subdivision: SC
  • Section Subdivision: Waterway Palms Plantation
  • Special Features: None
  • Property Sub Type: LotsLands

Garage/Parking

  • Type: Residential Lot

Utilities

  • Water: Public

Schools

  • Elementary School: River Oaks Elementary
  • Middle School: Out of Operation-Carolina Forest 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: Out of Operation-Carolina Forest Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2025
Sold by
Jnl Ventures Llc
Bought by
Ferrebee Anthony Wayne and Ferrebee Katherine Grace
Current Estimated Value
$901,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$758,733
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$203,348

Purchase Details

Closed on
Jun 24, 2022
Sold by
Gerico Ventures Llc
Bought by
Jnl Ventures Llc

Purchase Details

Listed on
Dec 21, 2016
Closed on
Jan 25, 2017
Sold by
Kaggen Warren S
Bought by
Cmc Ventures Llc
Seller's Agent
Patti Post
JTE Real Estate
Buyer's Agent
Clay Cogar
Gerico Ventures, LLC
List Price
$52,500
Sold Price
$46,500
Premium/Discount to List
-$6,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.88%

Purchase Details

Closed on
May 5, 2006
Sold by
South Carolina Coastal Development Inc
Bought by
Kaggen Warren S
Source: Public Records

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
Ferrebee Anthony Wayne $960,000 --
Jnl Ventures Llc $135,000 --
Cmc Ventures Llc $46,500 None Available
Kaggen Warren S $144,880 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrebee Anthony Wayne $760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2017 01/31/17 Sold $46,500 -11.4% --
12/22/2016 12/22/16 Pending -- -- --
12/21/2016 12/21/16 For Sale $52,500 -- --
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 $1,405 $6,900 $6,900 $0
2023 $1,405 $3,849 $3,849 $0
2021 $837 $3,849 $3,849 $0
2020 $799 $3,849 $3,849 $0
2019 $799 $3,849 $3,849 $0
2018 $0 $3,312 $3,312 $0
2017 -- $1,656 $1,656 $0
2016 -- $1,656 $1,656 $0
2015 $359 $1,656 $1,656 $0
2014 $347 $1,656 $1,656 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1624225

Coastal Carolinas Association of REALTORS®

APN: 42007020032