NOT LISTED FOR SALE

464 W Palms Dr Unit Lot 34 Waterway Palm Myrtle Beach, SC 29579

Pine Island Neighborhood

Estimated Value: $1,056,000 - $1,564,000

0.23 Acre
$5,695,652 Price per Acre
10,019 Sq Ft Lot

Last Sold August 09, 2018

Last sale price $165,000

Est. 694% increase in value since last sale

Current estimated payment $7,616/month

23 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Gated Community
  • Rectangular Lot
  • River Oaks Elementary School Rated A
  • Clubhouse

About This Lot

As of August 2018

Rare opportunity to own a lot right ON THE ICW in presitgious and gated Waterway Palms Plantation just 6 miles to the beach! No time frame to build and you can choose your own builder! This well-maintained, private, and gated community is conveniently located in the award-winning school district of Carolina Forest and offers tons of neighborhood amenities including: community clubhouse on a 14 acre lake, tennis courts, outdoor pool, playground area, day dock, boat ramp into the ICW and an owners private boat storage facility. Easy to get around with easy access to Hwy17, Hwy31 AND Hwy501. Waterway Palms is just a few minutes drive to everything Myrtle Beach has to offer including Coastal Grande Mall, Tanger Outlets, marinas, public docks, landings, restaurants, golf courses, shops, entertainment, Myrtle Beach International Airport, Broadway At The Beach, The Market Common, Barefoot Resort and Coastal Carolina Univeristy (CCU).

Last Listed By

Radha Herring

Watermark Real Estate Group License #51279 Listed on: 06/26/2018

Property Details

Property Type

  • Land

Lot Details

  • 10,019 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • Rectangular Lot

HOA Fees

  • $107 Monthly HOA Fees

Schools

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

Utilities

  • Phone Available

Community Details

Overview

  • Intracoastal Waterway Community

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$107 per month

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 42x233x42x237
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Gated Community
  • Class: Land
  • HOA Fee Frequency: Quarterly
  • HOA Management Company: Waccamaw Management - 843-237-9551
  • Lvt Date: 06/26/2018
  • Monthly HOA Calculated: 107
  • Number Of Lots: 1
  • Residence: Land Only
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Phone, Sewer, Tv Cable, Water
  • Geo Subdivision: SC
  • Section Subdivision: Waterway Palms Plantation
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.23

Garage/Parking

  • Type: Residential Lot

Utilities

  • Sewer: Public
  • Water: Public

Schools

  • Elementary School: Ocean Bay Elementary School
  • 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: Ocean Bay Elementary School
  • HighSchool: Carolina Forest High School
  • Middle School: Ocean Bay Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2018
Closed on
Aug 8, 2018
Sold by
Johnson Sara A
Bought by
Luibl John P and Luibl Laurel A
Seller's Agent
Radha Herring
Watermark Real Estate Group
Buyer's Agent
Jack Chazen
Coastal Vision Properties LLC
List Price
$169,000
Sold Price
$165,000
Premium/Discount to List
-$4,000
-2.37%
Total Days on Market
23
Current Estimated Value
$1,310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,145,000
Avg. Annual Appreciation
35.74%

Purchase Details

Closed on
Jul 21, 2012
Sold by
Lutfey Gregory G
Bought by
Johnson Sarah A

Purchase Details

Closed on
Nov 15, 2004
Sold by
South Carolina Coastal Development Inc
Bought by
Lutfey Gregory G and Lutfey Ronda Kharouba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,392
Interest Rate
5.66%
Mortgage Type
Unknown

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
Luibl John P $165,000 --
Johnson Sarah A $65,100 --
Lutfey Gregory G $264,880 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lutfey Gregory G $238,392
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2018 08/09/18 Sold $165,000 -2.4% --
06/26/2018 06/26/18 For Sale $169,000 -- --
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 -- $31,164 $6,428 $24,736
2023 $2,950 $31,164 $6,428 $24,736
2021 $2,848 $31,164 $6,428 $24,736
2020 $594 $9,643 $9,643 $0
2019 $1,986 $9,643 $9,643 $0
2018 $0 $5,410 $5,410 $0
2017 $1,157 $5,410 $5,410 $0
2016 -- $5,410 $5,410 $0
2015 $1,157 $5,411 $5,411 $0
2014 $999 $5,411 $5,411 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1813588

Coastal Carolinas Association of REALTORS®

APN: 42007040096