NOT LISTED FOR SALE

161 Ave of the Palms Unit Lot 16 Myrtle Beach, SC 29579

Pine Island Neighborhood

Estimated Value: $389,684 - $571,000

0.36 Acre
$1,256,725 Price per Acre
15,682 Sq Ft Lot

Last Sold September 02, 2022

Last sale price $389,000

Est. 16% increase in value since last sale

Current estimated payment $2,950/month

10 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Gated Community
  • Community Pool
  • River Oaks Elementary School Rated A
  • Clubhouse
  • Tennis Courts

About This Lot

As of September 2022

Amazing opportunity to own a LARGE LOT DIRECTLY ON THE INTRACOASTAL WATERWAY in the prestigious, gated Carolina Forest community of The Bluffs on the Waterway. This .36 acre lot has gorgeous neighboring homes on each side and offers stunning views of the waterway with NO TIMEFRAME to build! The world-class amenities at The Bluffs include: Playground, 2 clubhouses, boat launch, boat storage, sidewalks, tennis courts, community pool, stocked fishing pond, gazebos and security. Located near great schools, championship golf courses, hospitals, restaurants, attractions, shopping and ONLY 15 MINTUES from the BEACH!!

Last Agent to Sell the Property

The Collins Team

Realty ONE Group Dockside Listed on: 08/02/2022

Realty ONE Group Dockside

Last Buyer's Agent

Brandon Brookshire

Carolina Strand Realty License #4212

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,322

Lot Details

  • 0.36 Acre Lot
  • Property fronts an intracoastal waterway
  • Irregular Lot
  • Property is zoned PDD

HOA Fees

  • $117 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
  • Security
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$5,322

Lot Details

0

HOA Fees

$117 per month

Listing Details

  • Lot Description: Irregular
  • Four Sided Lot Measurement: 71x236x70x226
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool-Outdoor Community, Tennis Court, Security, Gated Community, Long Term Rental Allowed
  • Class: Land
  • HOA Fee Frequency: Monthly
  • HOA Management Company: Litus 843-448-9000
  • Lvt Date: 08/02/2022
  • Estimated Lot Size: Less Than 1/2 Acre
  • Monthly HOA Calculated: 117
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Water, Sewer
  • Geo Subdivision: SC
  • Section Subdivision: The Bluffs On The Waterway - Carolina Forest Area
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.36

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: On Icw, 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

Listed on
Aug 2, 2022
Closed on
Sep 1, 2022
Sold by
Sexton Southern Investments Llc
Bought by
Heckman Robert and Heckman Mary C
Seller's Agent
The Collins Team
Realty ONE Group Dockside
Buyer's Agent
Brandon Brookshire
Carolina Strand Realty
List Price
$399,900
Sold Price
$389,000
Premium/Discount to List
-$10,900
-2.73%
Views
6
Current Estimated Value
$452,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,421
Avg. Annual Appreciation
4.19%

Purchase Details

Closed on
Jun 22, 2010
Sold by
Sourlis Harry
Bought by
Sexton Southern Investments Llc

Purchase Details

Closed on
Apr 6, 2006
Sold by
Glavan Kerry Alan and Glavan Rosemary
Bought by
Sourlis Harry P

Purchase Details

Closed on
Mar 28, 2003
Sold by
The Bluffs On The Waterway Llc
Bought by
Glavan Kerry Alan and Glavan Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,392
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2003
Sold by
Bourhill Eric C and Bourhill Linda B
Bought by
The Bluffs On The Waterway Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,392
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
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
Heckman Robert $389,000 --
Sexton Southern Investments Llc -- --
Sourlis Harry P $510,000 None Available
Glavan Kerry Alan $314,880 --
The Bluffs On The Waterway Llc $327,208 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sexton Southern Investments Ll $850,000
Previous Owner Glavan Kerry Alan $283,392
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold $389,000 -2.7% --
08/02/2022 08/02/22 For Sale $399,900 -- --
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 $5,322 $33,600 $33,600 $0
2023 $5,322 $19,950 $19,950 $0
2021 $2,758 $19,950 $19,950 $0
2020 $2,651 $19,950 $19,950 $0
2019 $2,651 $19,950 $19,950 $0
2018 $2,391 $11,197 $11,197 $0
2017 -- $11,197 $11,197 $0
2016 -- $11,197 $11,197 $0
2015 $2,388 $11,198 $11,198 $0
2014 $2,308 $11,198 $11,198 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2217470

Coastal Carolinas Association of REALTORS®

APN: 42003030018