NOT LISTED FOR SALE

260 W Palms Dr Myrtle Beach, SC 29579

Estimated Value: $837,000 - $1,065,586

0.24 Acres
$3,967,279 Price per Acre
10,454 Sq Ft Lot

Sale Details

Date Sold: May 5, 2021

Last sale price $244,000

Est. 290% increase in value since last sale

Current estimated payment $5,472 / mo

3 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 May 2021

Build your dream home on this amazing waterfront lot in the prestigious gated community of Waterway Palms Plantation! This 0.24 acre lot situated directly on the intracoastal waterway provides you spectacular views and direct access to the water right in your own backyard. With no time frame to build and the ability to bring your own builder, this is your chance to build the custom home you have been dreaming about. 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!

Last Agent to Sell the Property

Traci Miles

CENTURY 21 Boling & Associates Listed on: 03/31/2021

CENTURY 21 Boling & Associates

Last Buyer's Agent

Noelle Mason

INNOVATE Real Estate License #93446

INNOVATE Real Estate

Property Details

Property Type

  • Land

Lot Details

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

HOA Fees

  • $107 Monthly HOA Fees

Utilities

  • Phone Available

Listing and Financial Details

  • Long Term Rental Allowed

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

Lot Details

10,454 Sq Ft Lot

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, Sellers Disclosure, Gated Community, Long Term Rental Allowed, Owner Allowed Motorcycle, Owner Allowed Golf Cart, Owner Allowed Pet
  • Class: Land
  • HOA Fee Frequency: Quarterly
  • HOA Management Company: Waccamaw Mgmt 843-903-9551
  • Lvt Date: 03/31/2021
  • Estimated Lot Size: Less Than 1/2 Acre
  • Monthly HOA Calculated: 107
  • Road Access: Private Only
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Water, Sewer, Phone, Tv Cable, Underground, Utilities
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.24

Garage/Parking

  • Type: Residential Lot

Utilities

  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Location: On Icw, In Icw Community
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2023
Sold by
Demaria Nicholas
Bought by
Gardiner John Christopher and Gardiner Susan Grant
Current Estimated Value
$952,147

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 5, 2021
Sold by
Traverso Michael A
Bought by
Demaria Nicholas and Demaria Roseanne
Seller's Agent
Traci Miles
CENTURY 21 Boling & Associates
Buyer's Agent
Noelle Mason
INNOVATE Real Estate
List Price
$257,000
Sold Price
$244,000
Premium/Discount to List
-$13,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.66%

Purchase Details

Closed on
Oct 29, 2018
Sold by
Jada Acquisitions Llc
Bought by
Traverso Michael A

Purchase Details

Closed on
Apr 9, 2012
Sold by
Ferrari Sergio
Bought by
Jada Acquisitions Llc

Purchase Details

Closed on
Nov 15, 2004
Sold by
South Carolina Coastal Development Inc
Bought by
Ferrari Sergio and Ferrari Susan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,892
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gardiner John Christopher $375,000 --
Demaria Nicholas $244,000 --
Traverso Michael A $165,000 --
Jada Acquisitions Llc $60,000 --
Ferrari Sergio $329,880 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrari Sergio $296,892
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2021 05/05/21 Sold $244,000 -5.1% --
03/31/2021 03/31/21 For Sale $257,000 -- --
Source: Coastal Carolinas Association of REALTORS®

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
2025 $4,228 $0 $0 $0
2024 $4,228 $30,048 $30,048 $0
2023 $6,058 $9,684 $9,684 $0
2021 $4,357 $9,684 $9,684 $0
2020 $1,994 $9,684 $9,684 $0
2019 $1,994 $9,684 $9,684 $0
2018 $1,036 $5,432 $5,432 $0
2017 $0 $5,432 $5,432 $0
2016 -- $5,432 $5,432 $0
2015 $1,033 $5,433 $5,433 $0
2014 $999 $5,433 $5,433 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2107079

Coastal Carolinas Association of REALTORS®

APN: 42009020027

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