NOT LISTED FOR SALE

197 W Isle of Palms Ave Unit Lot 267 Myrtle Beach, SC 29579

Pine Island Neighborhood

Estimated Value: $648,862 - $792,000

4 Beds
3.5 Baths
2,803 Sq Ft
$256/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $500,000 $178 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,608/month

44 Days on Market

Highlights

  • Boat Ramp
  • New Construction
  • Gated Community
  • River Oaks Elementary School Rated A
  • Lake On Lot
  • Clubhouse

About This Home

As of March 2021

197 W. Isle of Palms Avenue is a fabulous new construction home in Waterway Palms Plantation. Enjoy panoramic lake views from the screened-in porch. This home has many of the upmarket features today's homeowner desires. 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 the Atlantic 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 Agent to Sell the Property

Jason Ellis

JTE Real Estate License #9287 Listed on: 01/04/2021

Last Buyer's Agent

Jason Ellis

JTE Real Estate License #9287 Listed on: 01/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,987

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 5,663 Sq Ft Lot
  • Corner Lot
  • Rectangular Lot
  • Property is zoned pud

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,803 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Dining Area
  • Screened Porch
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Lake On Lot

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include electric common, trash pickup, pool service, insurance, common maint/repair, security, recreation facilities, legal and accounting
  • 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

$7,987

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$115 per month

Parking

4

Listing Details

  • Lot Description: Rectangular, Corner
  • Four Sided Lot Measurement: 51x130
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool - Outdoor Community, Tennis Court, Security, Gated Community, Long Term Rental Allowed, Owner Allowed Motorcyle, Owner Allowed Golf Cart, Owner Allowed Pet, Boat Ramp
  • Estimated Year Built: 2021
  • Class: Residential
  • Construction Status: Never Occupied
  • Family Rm Great Rm: Ceiling Fan, Fireplace, Tray Ceiling
  • Floor Cover: Tile, Wood, Carpeting
  • HOA Fee Frequency: Quarterly
  • Great Family Room: 17'4x18
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 115
  • HOA Management Company: Waccamaw Management 843-903-9551
  • Lvt Date: 01/04/2021
  • Sold Total Heated Sq Ft: 2803
  • Sold Total Sq Ft: 3509
  • Style: Traditional
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 2803
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2021

Interior Features

  • Bedroom 1: 14x12'2
  • Bedroom 2: 13'6x12'4
  • Bedroom 3: 16'8x12'6
  • Dining Room: 12x12'4
  • Interior Amenities: Garage Door Opener, Wshr/Dryer Connection, Fireplace
  • Kitchen: 12x14'6
  • Master Bedroom: 19x14'4
  • Other Rooms: 1st Floor Baths, Laundry/Utility, Screened Porch
  • Primary Bathroom: Double Sink, Shower, Vanity
  • Kitchen Type: Range, Work Island, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Pantry, Breakfast Nook, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, 1st Flr Level, Walk-In Closet
  • Bedrooms: 4
  • Dining Room Type: Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 3509

Exterior Features

  • Exterior Features: Front Porch, Rear Porch
  • Exterior Finish: Concrete Fiber Siding
  • Foundation: Slab
  • Number Of Acres: 0.13

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, Trash Pickup, Pool Service, Insurance, Common Maint/Repair, Security, 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Mar 25, 2021
Sold by
Watson Kenneth G
Bought by
Day James R and Day Michelle A
Seller's Agent
Jason Ellis
JTE Real Estate
Buyer's Agent
Jason Ellis
JTE Real Estate
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$718,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,966
Avg. Annual Appreciation
8.33%
Original Mortgage
$370,000
Outstanding Balance
$332,792
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$386,174

Purchase Details

Closed on
Jul 31, 2019
Sold by
Blue Wave Homes Llc
Bought by
Watson Kenneth G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2019
Closed on
Feb 21, 2019
Sold by
Rodriguez Julie
Bought by
Blue Wave Homes Llc
Seller's Agent
Missy Bills
INNOVATE Real Estate
Buyer's Agent
Missy Bills
INNOVATE Real Estate
List Price
$65,000
Sold Price
$50,000
Premium/Discount to List
-$15,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.40%

Purchase Details

Closed on
Nov 9, 2018
Sold by
Rodriguez Julie
Bought by
Tripler Raymond R and Rodriguez Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,700
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2017
Sold by
Nguyen Khiet
Bought by
Rodriguez Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2015
Sold by
Nagle William B and Nagle Patricia I
Bought by
Nguyen Khiet

Purchase Details

Closed on
Apr 20, 2005
Sold by
South Carolina Coastal Development Inc
Bought by
Nagle William B and Nagle Patricia I
Source: Public Records

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
Day James R $500,000 --
Watson Kenneth G $53,000 --
Blue Wave Homes Llc $50,000 --
Tripler Raymond R -- --
Rodriguez Julie $42,000 --
Nguyen Khiet $29,000 --
Nagle William B $144,880 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day James R $370,000
Closed Day James R $370,000
Previous Owner Watson Kenneth G $450,000
Previous Owner Tripler Raymond R $224,700
Previous Owner Rodriguez Julie $33,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2021 03/26/21 Sold $500,000 -4.8% $178 / Sq Ft
01/04/2021 01/04/21 For Sale $525,000 +950.0% $187 / Sq Ft
02/21/2019 02/21/19 Sold $50,000 -10.7% -- View Prior Sale
01/07/2019 01/07/19 Price Changed $56,000 -13.8% --
01/06/2019 01/06/19 For Sale $65,000 -- --
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 $7,987 $39,291 $6,900 $32,391
2023 $7,987 $3,119 $3,119 $0
2021 $7,374 $3,119 $3,119 $0
2020 $649 $3,119 $3,119 $0
2019 $563 $2,699 $2,699 $0
2018 $977 $4,545 $4,545 $0
2017 $0 $1,818 $1,818 $0
2016 $0 $1,818 $1,818 $0
2015 -- $1,818 $1,818 $0
2014 $380 $1,818 $1,818 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2100146

Coastal Carolinas Association of REALTORS®

APN: 42008040014