NOT LISTED FOR SALE

255 W Palms Dr Unit Waterway Palms Plant Myrtle Beach, SC 29579

Pine Island Neighborhood

Estimated Value: $790,000 - $1,079,000

4 Beds
4 Baths
4,076 Sq Ft
$228/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $484,903 $119 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,229/month

15 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Mediterranean Architecture
  • River Oaks Elementary School Rated A
  • Main Floor Bedroom
  • Bonus Room

About This Home

As of July 2020

4 BR / 4 BA 3-story home with detached 2-car garage in gated waterway community in MOVE IN condition. Upgrades galore - elevator, custom cabinets, crown molding, wine closet, wet bar, outside kitchen, surround sound, intercom system and more. Community clubhouse, pool, tennis courts, dry boat storage and boat launch.

Last Agent to Sell the Property

Tommy Carnucci

Scalise Realty Powered by KW License #57686 Listed on: 05/15/2020

Last Buyer's Agent

Tommy Carnucci

Scalise Realty Powered by KW License #57686 Listed on: 05/15/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Rectangular Lot

HOA Fees

  • $107 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Stucco
  • Tile

Interior Spaces

  • 4,076 Sq Ft Home
  • 3-Story Property
  • Bar
  • Tray Ceiling
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Den
  • Bonus Room
  • Carpet

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Patio
  • Front Porch

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include electric common, legal and accounting, common maint/repair, manager, pool service, recreation facilities, security
  • The community has rules related to fencing
  • Intracoastal Waterway Community

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Security
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

0

HOA Fees

$107 per month

Parking

6

Listing Details

  • Lot Description: Corner, Rectangular
  • Four Sided Lot Measurement: 45x160x45x157
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool - Outdoor Community, Tennis Court, Security, Seller Disclosure, Gated Community, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 2011
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Bar, Ceiling Fan, Fireplace
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Quarterly
  • Great Family Room: 19x19
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 107
  • HOA Management Company: Waccamaw Management 843-237-9551
  • Lvt Date: 05/18/2020
  • Sold Total Heated Sq Ft: 4076
  • Sold Total Sq Ft: 6600
  • Style: Mediterranean
  • Type Of Parking: Detached 2-Car
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 4076
  • Geo Subdivision: SC
  • Section Subdivision: Waterway Palms Plantation
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2011

Interior Features

  • Bedroom 1: 19x13
  • Bedroom 2: 12x14
  • Bedroom 3: 10x12
  • Dining Room: 11x14
  • Interior Amenities: Wind Treat Convey, Garage Door Opener, Intercom, Smoke Detector, Wshr/Dryer Connection, Fireplace, Elevator-Interior
  • Master Bedroom: 19x13
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Bonus Room, Den/Study/Library, Foyer, Laundry/Utility, Mother In Law Suite
  • Primary Bathroom: Double Sink, Shower, Vanity
  • Kitchen Type: Breakfast Bar, Double Oven, Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Refrigerator, Range Hood, Range, Stainless Steel Apps., Work Island
  • Master Bedroom Type: Ceiling Fan, Tray Ceiling, Walk-In Closet
  • Bedrooms: 4
  • Dining Room Type: Kit/Dr Combo
  • Formal Dining: Yes
  • Full Bathrooms: 4
  • Levels: Three Or More
  • Total Sq Ft: 6600

Exterior Features

  • Exterior Features: Patio, Balcony, Front Porch, Rear Porch, Fencing, Insulated Doors/Windows, Elevator-Exterior
  • Exterior Finish: Stucco
  • Foundation: Slab
  • Number Of Acres: 0.16

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Underground Utilities, Water Public

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Legal And Accounting, Common Maint/Repair, Manager, Pool Service, Recreation Facilities, Security

Schools

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

Lot Info

  • Lot Location: In Icw Community
  • Zoning: Res

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 15, 2020
Closed on
Jul 14, 2020
Sold by
Seaside Capital Llc
Bought by
Henshaw Charles L
Seller's Agent
Tommy Carnucci
Scalise Realty Powered by KW
Buyer's Agent
Tommy Carnucci
Scalise Realty Powered by KW
List Price
$499,900
Sold Price
$484,903
Premium/Discount to List
-$14,997
-3%
Current Estimated Value
$928,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,883
Avg. Annual Appreciation
13.21%
Original Mortgage
$460,658
Outstanding Balance
$408,481
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$520,305

Purchase Details

Listed on
May 15, 2020
Closed on
May 18, 2020
Sold by
Barnett D
Bought by
Seaside Capital Llc
Seller's Agent
Tommy Carnucci
Scalise Realty Powered by KW
Buyer's Agent
Tommy Carnucci
Scalise Realty Powered by KW
List Price
$499,900
Sold Price
$484,903
Premium/Discount to List
-$14,997
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,658
Outstanding Balance
$408,481
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$520,305

Purchase Details

Closed on
Sep 7, 2017
Sold by
Fries Jane Anne
Bought by
Barnett D and Barnett Dorma G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,775
Interest Rate
3.9%
Mortgage Type
VA

Purchase Details

Closed on
Nov 15, 2004
Sold by
South Carolina Coastal Development Inc
Bought by
Fries Nicholas A and Fries Jane Anne
Source: Public Records

Range of Values:

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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
Henshaw Charles L $484,903 --
Seaside Capital Llc $400,100 --
Barnett D $461,000 --
Fries Nicholas A $129,880 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henshaw Charles L $460,658
Previous Owner Barnett D $451,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2020 07/14/20 Sold $484,903 -3.0% $119 / Sq Ft
05/15/2020 05/15/20 For Sale $499,900 -- $123 / Sq Ft
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 -- $33,844 $4,034 $29,810
2023 $2,132 $34,235 $4,943 $29,292
2021 $7,372 $22,824 $3,296 $19,528
2020 $1,896 $27,132 $2,432 $24,700
2019 $1,896 $67,270 $2,432 $64,838
2018 $5,947 $46,264 $1,418 $44,846
2017 $5,932 $18,502 $1,418 $17,084
2016 -- $27,752 $2,126 $25,626
2015 $5,932 $27,753 $2,127 $25,626
2014 $5,732 $27,753 $2,127 $25,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2010006

Coastal Carolinas Association of REALTORS®

APN: 42009020048