NOT LISTED FOR SALE

405 W Palms Dr Unit Lot 160 Myrtle Beach, SC 29579

Pine Island Neighborhood

Estimated Value: $648,000 - $775,000

0.16 Acre
$4,322,700 Price per Acre
6,970 Sq Ft Lot

Last Sold August 01, 2019

Last sale price $42,500

Est. 1,527% increase in value since last sale

Current estimated payment $3,988/month

278 Days on Market

Highlights

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

About This Lot

As of August 2019

Beautiful vacant lot, located on the 2nd row, inside Waterway Palms Plantation with no time frame to build. Current owner is a licensed, local contractor who already has an approved four bedroom plan for this lot, if interested. Amenities include: gorgeous pool, phenomenal clubhouse, tennis courts, basketball court and playground. Also within this prestigious community you will find boat storage and boat launch to enjoy the beautiful waterway. Located in the Carolina Forest area and close to all the Grand Strand has to offer.

Last Agent to Sell the Property

Harbin Greene Team

Axelrod Realty, Inc. Listed on: 09/30/2018

Last Buyer's Agent

Paige Bird

RE/MAX Southern Shores License #47713

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,573

Lot Details

  • 6,970 Sq Ft Lot
  • Rectangular Lot
  • Cleared Lot

HOA Fees

  • $107 Monthly HOA Fees

Location

  • Outside City Limits

Schools

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

Community Details

Overview

  • Intracoastal Waterway Community

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,573

Lot Details

0

HOA Fees

$107 per month

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 42x171x42x175
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool-Outdoor Community, Tennis Court, Gated Community, Long Term Rental Allowed, Owner Allowed Pet
  • Class: Land
  • HOA Fee Frequency: Quarterly
  • HOA Management Company: Waccamaw 843-903-9551
  • Lvt Date: 09/30/2018
  • Previous Tax Mapnumber: 173-23-01-146
  • Additional Information: Cleared
  • Estimated Lot Size: Less Than 1/2 Acre
  • Monthly HOA Calculated: 107
  • Residence: Land Only
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Sewer, Tv Cable, Underground, Water
  • Geo Subdivision: SC
  • Section Subdivision: Waterway Palms Plantation
  • 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, Second Row Other, 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
Jan 23, 2023
Sold by
Brada Homes Llc
Bought by
Thornton Todd J and Thornton Deborah S
Current Estimated Value
$691,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$503,623
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$188,009

Purchase Details

Closed on
Jan 6, 2022
Sold by
Num 1600 Dividend Loop Llc
Bought by
Brada Homes Llc

Purchase Details

Closed on
Aug 14, 2017
Sold by
Holt Jennifer K
Bought by
Jordan Mckenzie R and Jordan T

Purchase Details

Closed on
Jan 19, 2012
Sold by
Wells Fargo Bank
Bought by
Holt Jennifer K

Purchase Details

Closed on
Nov 18, 2011
Sold by
Master In Equity Horry County
Bought by
Wells Fargo Bank

Purchase Details

Closed on
Nov 15, 2004
Sold by
South Carolina Coastal Development Inc
Bought by
Nettle Duane Thomas and Nettle Dawn B
Source: Public Records

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
Thornton Todd J $650,000 --
Brada Homes Llc $73,500 --
Jordan Mckenzie R $43,000 --
Holt Jennifer K $14,299 --
Wells Fargo Bank $11,277 --
Nettle Duane Thomas $117,880 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton Todd J $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2019 08/01/19 Sold $42,500 -5.1% --
06/24/2019 06/24/19 Price Changed $44,800 -2.2% --
03/04/2019 03/04/19 Price Changed $45,800 -0.2% --
11/21/2018 11/21/18 Price Changed $45,900 -2.1% --
11/08/2018 11/08/18 Price Changed $46,900 -2.1% --
09/30/2018 09/30/18 For Sale $47,900 -- --
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 $2,573 $27,018 $4,039 $22,979
2023 $2,573 $2,581 $2,581 $0
2021 $567 $2,581 $2,581 $0
2020 $538 $2,581 $2,581 $0
2019 $538 $2,581 $2,581 $0
2018 $966 $4,501 $4,501 $0
2017 -- $2,131 $2,131 $0
2016 -- $2,131 $2,131 $0
2015 $459 $2,131 $2,131 $0
2014 $444 $2,131 $2,131 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2019

    Harbin Greene Team

    Axelrod Realty, Inc.

    Section Image
  • Paige Bird

    Buyer's Agent in 2019

    Paige Bird

    RE/MAX

    (843) 450-4773

    32 in this area

    365 Total Sales

    Paige Bird
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1819853

Coastal Carolinas Association of REALTORS®

APN: 42007040055

South Carolina Horry County Myrtle Beach 29579 Pine Island

405 W Palms Dr Unit Lot 160, Myrtle Beach, SC

This home is located at 405 W Palms Dr Unit Lot 160, Myrtle Beach, SC 29579 since 30 September 2018 and is currently estimated at $691,632. 405 W Palms Dr Unit Lot 160 is a home located in Horry County with nearby schools including River Oaks Elementary School, Ocean Bay Middle School, and Carolina Forest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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