$50,000
SOLD FEB 21, 2019

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

Pine Island Neighborhood
1 Acre
$50,000 Price per Acre
43,560 Sq Ft Lot

Recently Sold

23% Below List Price

26 Days on Market

Highlights

  • Lake On Lot
  • Gated Community
  • Clubhouse
  • River Oaks Elementary School Rated A
  • 1 Acre Lot
  • Corner Lot

About This Lot

As of March 2021

Are you ready to build your dream home? This beautiful corner lot is located in the highly sought after Waterway Palms Plantation, a private gated Intercoastal Waterway Community and offers an amazing view with a fountain on the big lake, an opportunity you don't want to miss! Feel free to bring your own builder with no time frame to build. Waterway Palms offers a world class amenity center including a luxurious clubhouse, multiple pools, hot tub, lighted tennis courts, playground, direct ICW access, boat storage and much more! Located in Carolina Forest just minutes to the beach, golf courses, shopping, dining, airport and many other attractions Myrtle Beach has to offer.

Last Agent to Sell the Property

Missy Bills

INNOVATE Real Estate License #100827 Listed on: 01/06/2019

INNOVATE Real Estate

Last Buyer's Agent

Missy Bills

INNOVATE Real Estate License #100827 Listed on: 01/06/2019

INNOVATE Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,987

Lot Details

  • 1 Acre Lot
  • Corner Lot
  • Cleared Lot

HOA Fees

  • $107 Monthly HOA Fees

Schools

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

Additional Features

  • Outside City Limits
  • 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
  • Lake On Lot

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$7,987

Lot Details

0

HOA Fees

$107 per month

Listing Details

  • Lot Description: Corner
  • Four Sided Lot Measurement: 42x130x42x130
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool-Outdoor Community, Tennis Court, Gated Community, Long Term Rental Allowed, Owner Allowed Golf Cart, Owner Allowed Pet
  • Class: Land
  • HOA Fee Frequency: Quarterly
  • HOA Management Company: Waccamaw Management 843-237-9551
  • Lvt Date: 01/06/2019
  • Additional Information: Cleared
  • Estimated Lot Size: Less Than 1/2 Acre
  • Monthly HOA Calculated: 107
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Phone, Sewer, Tv Cable, Underground, Water
  • Section Subdivision: Waterway Palms Plantation
  • Special Features: None
  • Property Sub Type: LotsLands

Garage/Parking

  • Type: Residential Lot

Utilities

  • Sewer: Public
  • Water: Public

Schools

  • Elementary School: Ocean Bay Elementary School
  • Middle School: Ocean Bay Middle School
  • High School: Carolina Forest High School

Lot Info

  • Lot Location: Outside City Limits, On Lake/Pond, In Icw Community
  • Zoning: Res

MLS Schools

  • Elementary School: Ocean Bay Elementary School
  • HighSchool: Carolina Forest High School
  • Middle School: Ocean Bay Middle School

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
$748,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,069
Avg. Annual Appreciation
8.17%
Original Mortgage
$370,000
Outstanding Balance
$337,170
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$367,104

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
50.70%

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
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 Type Sale Price Title Company
Warranty Deed $500,000 --
Warranty Deed $53,000 --
Warranty Deed $50,000 --
Warranty Deed -- --
Warranty Deed $42,000 --
Warranty Deed $29,000 --
Warranty Deed $144,880 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $370,000 New Conventional
Closed $370,000 New Conventional
Previous Owner $450,000 New Conventional
Previous Owner $224,700 New Conventional
Previous Owner $33,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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% --
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 $3,119 $3,119 $0
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

  • Jason Ellis

    Seller's Agent in 2021

    Jason Ellis

    JTE Real Estate

    (843) 222-2672

    126 in this area

    395 Total Sales

    Section Image
  • Missy Bills

    Seller's Agent in 2019

    Missy Bills

    INNOVATE Real Estate

    (260) 437-5552

    5 in this area

    42 Total Sales

    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1900296

Coastal Carolinas Association of REALTORS®

APN: 42008040014

South Carolina Horry County Myrtle Beach 29579 Pine Island

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

This home is located at 197 W Isle of Palms Ave Unit Lot 267, Myrtle Beach, SC 29579 and is currently priced at $50,000. 197 W Isle of Palms Ave Unit Lot 267 is a home located in Horry County with nearby schools including River Oaks Elementary School, Ocean Bay Middle School, and Carolina Forest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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