NOT LISTED FOR SALE

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

Pine Island Neighborhood

Estimated Value: $1,476,000 - $1,590,000

4 Beds
4 Baths
3,500 Sq Ft
$437/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $655,000 $187 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $9,987/month

571 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Newly Remodeled
  • Clubhouse
  • River Oaks Elementary School Rated A
  • Gated Community
  • Recreation Room

About This Home

As of May 2017

Here is a beautiful raised beach style custom home, brand new and ready to move into, located directly on the intracoastal waterway, with views of the Myrtlewood Golf Course! This three level home features multiple covered porches to enjoy the fantastic views of the boats going by and golf course, and there is an elevator for those who can't do stairs. The floor level features an oversized two car garage, full bathroom, and a huge rec room with wet bar. The second level has an enormous great room that is open to the kitchen, a full bath, a formal dining room, and a guest bedroom or study. The third level has a very large master suite with a private balcony boasting panoramic ICW/golf views, two guest bedrooms with their own private porches, a guest bathroom, and a laundry room. All of the bedrooms have walk-in closets, and there is a butler's pantry between the kitchen and dining room. There is also an impressive front staircase, and decorative columns adorn both the front and back of the home. This is a true custom built home, with a great floorplan, and beautiful finishes throughout.

Last Agent to Sell the Property

John Mills

Realty ONE Group Dockside License #218936 Listed on: 09/29/2015

Realty ONE Group Dockside

Co-Listed By

Rob Mason

Plantation Realty Group License #45340

Last Buyer's Agent

Briggs Dickerson

Sands Realty Group Inc. License #8317

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,134

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Property fronts an intracoastal waterway
  • Rectangular Lot

HOA Fees

  • $104 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Stilt Home
  • Slab Foundation
  • Concrete Siding
  • Tile

Interior Spaces

  • 3,500 Sq Ft Home
  • 3-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Insulated Doors
  • Entrance Foyer
  • Formal Dining Room
  • Recreation Room
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Linen Closet
  • Walk-In Closet
  • 4 Full Bathrooms
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

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 legal and accounting, common maint/repair, manager, pool service, recreation facilities, security, trash pickup
  • The community has rules related to allowable golf cart usage in the community
  • Intracoastal Waterway Community

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,134

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$104 per month

Parking

2

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 Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart
  • Estimated Year Built: 2016
  • Class: Residential
  • Construction Status: Never Occupied
  • Family Rm Great Rm: Ceiling Fan
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Quarterly
  • Great Family Room: 15x28
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 104
  • HOA Management Company: Waccamaw Management 843-903-9551
  • Sold Total Heated Sq Ft: 3500
  • Sold Total Sq Ft: 5500
  • Style: Raised Beach
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 2
  • Total Heated Sq Ft: 3500
  • Geo Subdivision: SC
  • Section Subdivision: Waterway Palms Plantation
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Bedroom 1: 11x13
  • Bedroom 2: 11x13
  • Bedroom 3: 11x12
  • Dining Room: 11x13
  • Interior Amenities: Garage Door Opener, Smoke Detector, Wshr/Dryer Connection, Split Bedroom Plan, Elevator-Interior
  • Kitchen: 11x18'6
  • Master Bedroom: 15x19
  • Other Rooms: Foyer, Laundry/Utility, Recreation Room
  • Primary Bathroom: Double Sink, Garden Tub, Shower, Vanity
  • Kitchen Type: Breakfast Bar, Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Range, Stainless Steel Apps., Work Island
  • Master Bedroom Type: Ceiling Fan, Linen Closet, Tray Ceiling, Walk-In Closet
  • Bedrooms: 4
  • Dining Room Type: Formal
  • Formal Dining: Yes
  • Full Bathrooms: 4
  • Levels: Three Or More
  • Total Sq Ft: 5500

Exterior Features

  • Exterior Features: Patio, Balcony, Front Porch, Rear Porch, Lawn Sprinkler, Insulated Doors/Windows, Elevator-Exterior
  • Exterior Finish: Concrete Fiber Siding
  • Foundation: Slab

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: Legal And Accounting, Common Maint/Repair, Manager, Pool Service, Recreation Facilities, Security, Trash Pickup

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: 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

Closed on
Oct 5, 2022
Sold by
Oljeski Stephen A
Bought by
Burton John William and Burton Joanna Michael
Current Estimated Value
$1,530,936

Purchase Details

Closed on
May 28, 2019
Sold by
Cornwell Patrick M
Bought by
Oljeski Stephen A and Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 29, 2015
Closed on
May 26, 2017
Sold by
Birghton Construction Llc
Bought by
Champagne Cornwell Patrick M and Champagne Cornwell
Seller's Agent
John Mills
Realty ONE Group Dockside
Buyer's Agent
Briggs Dickerson
Sands Realty Group Inc.
List Price
$679,000
Sold Price
$655,000
Premium/Discount to List
-$24,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.05%
Original Mortgage
$524,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2015
Sold by
Better Built Properties Llc
Bought by
Brighton Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,140
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2013
Sold by
Mtv Properties Llc
Bought by
Better Built Properties Llc

Purchase Details

Closed on
Jul 28, 2011
Sold by
Master In Equity Horry County
Bought by
Mtv Properties Llc

Purchase Details

Closed on
Nov 15, 2004
Sold by
South Carolina Coastal Development Inc
Bought by
Monahan Timothy D and Aprile Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,490
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Burton John William $1,230,000 --
Oljeski Stephen A $815,000 --
Champagne Cornwell Patrick M $655,000 --
Brighton Construction Llc $140,000 --
Better Built Properties Llc $100,000 --
Better Built Properties Llc $100,000 --
Mtv Properties Llc $63,514 --
Monahan Timothy D $313,880 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oljeski Stephen A $750,000
Previous Owner Cornwell Patrick M $90,000
Previous Owner Champagne Cornwell Patrick M $524,000
Previous Owner Brighton Construction Llc $481,140
Previous Owner Monahan Timothy D $282,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $655,000 -3.5% $187 / Sq Ft
04/22/2017 04/22/17 Pending -- -- --
09/29/2015 09/29/15 For Sale $679,000 -- $194 / 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 $17,134 $32,682 $6,246 $26,436
2023 $17,134 $32,682 $6,246 $26,436
2021 $3,181 $32,682 $6,246 $26,436
2020 $10,098 $32,682 $6,246 $26,436
2019 $2,647 $32,682 $6,246 $26,436
2018 $2,340 $26,009 $6,001 $20,008
2017 $0 $8,318 $8,318 $0
2016 -- $8,318 $8,318 $0
2015 $1,125 $5,258 $5,258 $0
2014 $1,087 $5,258 $5,258 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1519361

Coastal Carolinas Association of REALTORS®

APN: 42009020018