NOT LISTED FOR SALE

372 W Palms Dr Unit Lot 57 Myrtle Beach, SC 29579

Pine Island Neighborhood

Estimated Value: $295,000 - $427,000

0.18 Acre
$1,924,072 Price per Acre
7,841 Sq Ft Lot

Last Sold November 16, 2023

Last sale price $360,000

Est. 4% decrease in value since last sale

Current estimated payment $2,409/month

Highlights

  • Property fronts an intracoastal waterway
  • Gated Community
  • Community Pool
  • River Oaks Elementary School Rated A
  • Clubhouse
  • Tennis Courts

About This Lot

As of November 2023

Build you dream home in the highly desirable Waterway Palms Plantation Gated Intracoastal Community. Neighborhood Amenities include a 2 Story Clubhouse, Swimming Pool, Tennis Court, Basketball Court, Playground, Boat Ramp with access to ICW and Storage. Minutes to our Beautiful Ocean Beaches, Shopping, Dining and Myrtle Beach International Airport.

Last Listed By

Jennifer Burgess

Fnis Blac Knight MLS Solutions License #116668 Listed on: 11/15/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,360

Lot Details

  • 7,841 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • Rectangular Lot
  • Cleared Lot

HOA Fees

  • $117 Monthly HOA Fees

Location

  • Outside City Limits

Schools

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

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

$4,360

Lot Details

0

HOA Fees

$117 per month

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 42x244x42x244
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool-Outdoor Community, Tennis Court, Security, Gated Community, Owner Allowed Motorcycle, Owner Allowed Golf Cart, Owner Allowed Pet
  • Class: Land
  • HOA Fee Frequency: Quarterly
  • HOA Management Company: Waccamaw Management 843-903-9551
  • Lvt Date: 11/16/2023
  • Estm Road Frontage: 42
  • Additional Information: Cleared
  • Estimated Lot Size: Less Than 1/2 Acre
  • Monthly HOA Calculated: 117
  • Number Of Lots: 1
  • Residence: Land Only
  • Road Access: Private Only
  • Road Surface: Blacktop, Concrete
  • Utilities To Site: Electricity, Gas, Sewer, Tv Cable, Utilities, Water
  • Geo Subdivision: SC
  • Section Subdivision: Waterway Palms Plantation
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.18

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, 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

Listed on
Nov 15, 2023
Closed on
Nov 15, 2023
Sold by
Merrihew Douglas
Bought by
Burgess Richard V and Burgess Jennifer R
Seller's Agent
Jennifer Burgess
Fnis Blac Knight MLS Solutions
Buyer's Agent
Jennifer Burgess
Fnis Blac Knight MLS Solutions
List Price
$360,000
Sold Price
$360,000
Current Estimated Value
$346,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,667
Avg. Annual Appreciation
-2.55%
Original Mortgage
$830,000
Interest Rate
7.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2004
Sold by
South Carolina Coastal Development Inc
Bought by
Merrihew Douglas and Merrihew Georgina

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
Burgess Richard V $380,000 --
Merrihew Douglas $299,880 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgess Richard V $170,000
Closed Burgess Richard V $830,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $360,000 0.0% --
11/15/2023 11/15/23 For Sale $360,000 -- --
08/22/2023 08/22/23 Pending -- -- --
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 $4,360 $9,684 $9,684 $0
2023 $4,360 $9,684 $9,684 $0
2021 $1,347 $9,684 $9,684 $0
2020 $1,291 $9,684 $9,684 $0
2019 $1,291 $9,684 $9,684 $0
2018 $1,164 $5,432 $5,432 $0
2017 $1,212 $5,432 $5,432 $0
2016 $0 $5,432 $5,432 $0
2015 -- $5,433 $5,433 $0
2014 $1,122 $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: 2323384

Coastal Carolinas Association of REALTORS®

APN: 42007040073