NOT LISTED FOR SALE

227 W Palms Dr Unit Lot 120 Myrtle Beach, SC 29579

Pine Island Neighborhood

Estimated Value: $104,000 - $295,000

0.16 Acre
$1,241,669 Price per Acre
6,970 Sq Ft Lot

Last Sold January 28, 2022

Last sale price $89,900

Est. 121% increase in value since last sale

Current estimated payment $1,312/month

30 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Tennis Courts
  • River Oaks Elementary School Rated A
  • Community Pool
  • Rectangular Lot

About This Lot

As of January 2022

Must see! Wonderful opportunity to own a 0.16 acres lot in the gated and prestigious ICW community of Waterway Palms Plantation! Come build your dream home with no timeframe to build! On top of this fantastic lot, the Waterway Palms Plantation community offers wonderful amenities including a clubhouse, pool, tennis courts, boat launch, boat storage, 14-acre lake, playground and more! Conveniently located near schools, shopping, dining, entertainment, golfing, area attractions and just a few miles away from the beautiful Atlantic beach! Don't miss out on this wonderful lot, come see it today!

Last Listed By

Gregory Harrelson

Fnis Blac Knight MLS Solutions Listed on: 11/23/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,236

Lot Details

  • 6,970 Sq Ft Lot
  • Rectangular Lot

HOA Fees

  • $107 Monthly HOA Fees

Additional Features

  • Outside City Limits
  • Phone Available

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

$1,236

Lot Details

0

HOA Fees

$107 per month

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool-Outdoor Community, Tennis Court, Security, Gated Community, Long Term Rental Allowed, Owner Allowed Pet
  • Class: Land
  • HOA Fee Frequency: Quarterly
  • HOA Management Company: Waccamaw 843-903-9551
  • Lvt Date: 11/23/2021
  • Estimated Lot Size: Less Than 1/2 Acre
  • Monthly HOA Calculated: 107
  • Residence: Land Only
  • Road Access: County Road
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Gas, Water, Sewer, Phone, Tv Cable, Utilities
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.16

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: Outside City Limits, In Icw Community
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2024
Sold by
J Baldwin Custom Homes Llc
Bought by
Baldwin James R
Total Days on Market
30
Current Estimated Value
$198,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Outstanding Balance
$309,420
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$110,753

Purchase Details

Closed on
Apr 20, 2005
Sold by
South Carolina Coastal Development Inc
Bought by
Monti Dennis J and Monti Linda T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,592
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
Baldwin James R -- --
Monti Dennis J $122,880 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baldwin James R $312,000
Previous Owner J Baldwin Custom Homes Llc $365,000
Previous Owner Monti Dennis J $110,592
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $89,900 0.0% --
11/23/2021 11/23/21 For Sale $89,900 -- --
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 $1,236 $3,658 $3,658 $0
2023 $1,236 $3,658 $3,658 $0
2021 $539 $3,658 $3,658 $0
2020 $512 $3,658 $3,658 $0
2019 $512 $3,658 $3,658 $0
2018 $462 $2,132 $2,132 $0
2017 $459 $2,132 $2,132 $0
2016 $0 $2,132 $2,132 $0
2015 -- $2,133 $2,133 $0
2014 $444 $2,133 $2,133 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2126229

Coastal Carolinas Association of REALTORS®

APN: 42009020042