NOT LISTED FOR SALE

188 W Palms Dr Unit Lot 103 Myrtle Beach, SC 29579

Pine Island Neighborhood

Estimated Value: $362,000 - $1,919,000

0.23 Acre
$5,126,735 Price per Acre
10,019 Sq Ft Lot

Last Sold May 11, 2022

Last sale price $380,000

Est. 210% increase in value since last sale

Current estimated payment $8,419/month

73 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 May 2022

Gorgeous direct waterway lot in the highly desired neighborhood of Waterway Palms Plantation. Rare opportunity to purchase two or three adjacent lots and combine them. This lot is located away from the main drag, and towards the end of a dead-end street, allowing for added privacy, and less traffic. Ad your own personal dock and enjoy the boater's life with all the benefits of living directly on the Waterway. This inland channel extends from Boston to the southern tip of Florida, with direct access into the ocean throughout. Waterway Palms is a 24/7 gated community with an amenities center unlike any in the area. Featuring resort style pool, tennis courts, basketball court, gym, bocce, cornhole, boat launch, day docks, and massive two-story amenity building. Waterway Palms allows quick access to Hwy 31, and just a short drive to shopping, restaurants and the beach.

Last Listed By

Osborn Team

Fnis Blac Knight MLS Solutions Listed on: 02/07/2022

Fnis Blac Knight MLS Solutions

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,831

Lot Details

  • 10,019 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • Rectangular Lot
  • Property is zoned PDD

HOA Fees

  • $114 Monthly HOA Fees

Schools

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

Additional Features

  • Intracoastal Views
  • Phone Available

Community Details

Overview

  • The community has rules related to allowable golf cart usage in the community
  • Intracoastal Waterway Community

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$20,831

Lot Details

0

HOA Fees

$114 per month

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 42'x42'x238'x239'
  • 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, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Owner Allowed Pet
  • Class: Land
  • HOA Fee Frequency: Quarterly
  • HOA Management Company: Waccamaw Melanie Mabe (843)903-9551
  • Lvt Date: 02/07/2022
  • Estm Road Frontage: 42'
  • Estimated Lot Size: Less Than 1/2 Acre
  • Monthly HOA Calculated: 114
  • Number Of Lots: 1
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Water, Sewer, Phone, Tv Cable, Underground
  • Geo Subdivision: SC
  • Section Subdivision: Waterway Palms Plantation
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.23

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, Icw View
  • 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
Sep 5, 2024
Sold by
Godwin Nicholas D
Bought by
Godwin Nicholas D and Godwin Haley Ann
Total Days on Market
73
Current Estimated Value
$1,179,149

Purchase Details

Listed on
Feb 7, 2022
Closed on
May 10, 2022
Sold by
Barone Nicky
Bought by
Godwin Nicholas D
Seller's Agent
Osborn Team
Fnis Blac Knight MLS Solutions
Buyer's Agent
Jason Ellis
JTE Real Estate
List Price
$385,000
Sold Price
$380,000
Premium/Discount to List
-$5,000
-1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.31%
Original Mortgage
$380,000
Interest Rate
5%
Mortgage Type
Mortgage Modification

Purchase Details

Closed on
Nov 30, 2005
Sold by
South Carolina Coastal Development Inc
Bought by
Barone Nicky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,892
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

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
Godwin Nicholas D -- --
Godwin Nicholas D $380,000 --
Barone Nicky $429,880 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Godwin Nicholas D $380,000
Previous Owner Barone Nicky $386,892
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $380,000 -1.3% --
02/07/2022 02/07/22 For Sale $385,000 -- --
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 $20,831 $9,659 $9,659 $0
2023 $20,831 $9,659 $9,659 $0
2021 $1,343 $9,659 $9,659 $0
2020 $1,287 $9,659 $9,659 $0
2019 $1,287 $9,659 $9,659 $0
2018 $0 $5,419 $5,419 $0
2017 $1,159 $5,419 $5,419 $0
2016 $0 $5,419 $5,419 $0
2015 -- $5,419 $5,419 $0
2014 $1,120 $5,419 $5,419 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2202531

Coastal Carolinas Association of REALTORS®

APN: 42009010035