NOT LISTED FOR SALE

208 W Palms Dr Unit Lot 98 Myrtle Beach, SC 29579

Pine Island Neighborhood

Estimated Value: $1,605,000 - $1,682,000

0.24 Acre
$6,847,917 Price per Acre
10,454 Sq Ft Lot

Last Sold June 11, 2020

Last sale price $185,000

Est. 788% increase in value since last sale

Current estimated payment $9,657/month

5 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 June 2020

Stunning Intracoastal Waterway lot in the highly desired neighborhood of Waterway Palms Plantation. Your future home will sit high above the water providing unparalleled views of the water. Add your own personal dock, and enjoy the boaters 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, boat storage, 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: 05/17/2020

Fnis Blac Knight MLS Solutions

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,740

Year Built

  • 2021

Lot Details

  • 10,454 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • Rectangular Lot
  • Property is zoned PDD

HOA Fees

  • $107 Monthly HOA Fees

Schools

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

Utilities

  • 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

$4,740

Year Built

2021

Lot Details

0

HOA Fees

$107 per month

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 42 x 42 x 242 x 242
  • 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, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Class: Land
  • HOA Fee Frequency: Quarterly
  • HOA Management Company: Waccamaw (843)237-9551
  • Lvt Date: 05/17/2020
  • Estm Road Frontage: 42
  • Estimated Lot Size: Less Than 1/2 Acre
  • Monthly HOA Calculated: 107
  • Residence: Land Only
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Phone, Sewer, Tv Cable, Underground, Water
  • Geo Subdivision: SC
  • Section Subdivision: Waterway Palms Plantation
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Exterior Features

  • Number Of Acres: 0.24

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
May 17, 2020
Closed on
Jun 12, 2020
Sold by
Arlington Properties Llc
Bought by
Sawa Gus and Rana
Seller's Agent
Osborn Team
Fnis Blac Knight MLS Solutions
Buyer's Agent
Michelle Rabon
CB Sea Coast Advantage CF
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%
Total Days on Market
5
Current Estimated Value
$1,643,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,458,500
Avg. Annual Appreciation
55.47%

Purchase Details

Closed on
Apr 20, 2005
Sold by
South Carolina Coastal Development Inc
Bought by
Hayken Gerald and Hayken Tonette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,392
Interest Rate
5.99%
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
Sawa Gus $185,000 --
Hayken Gerald $334,880 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sawa Gus $620,000
Previous Owner Hayken Gerald D $225,191
Previous Owner Hayken Gerald $301,392
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2020 06/11/20 Sold $185,000 -5.1% --
05/17/2020 05/17/20 For Sale $195,000 -- --
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 $4,740 $11,102 $11,102 $0
2023 $4,740 $11,102 $11,102 $0
2021 $4,252 $11,102 $11,102 $0
2020 $1,289 $9,674 $9,674 $0
2019 $1,289 $16,930 $16,930 $0
2018 $1,164 $9,498 $9,498 $0
2017 $1,161 $5,428 $5,428 $0
2016 -- $5,428 $5,428 $0
2015 $1,161 $5,428 $5,428 $0
2014 $1,122 $5,428 $5,428 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2009936

Coastal Carolinas Association of REALTORS®

APN: 42009020040