NOT LISTED FOR SALE

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

Pine Island Neighborhood

Estimated Value: $1,177,000 - $1,571,000

0.23 Acre
$5,808,135 Price per Acre
10,019 Sq Ft Lot

Last Sold August 09, 2018

Last sale price $165,000

Est. 710% increase in value since last sale

Current estimated payment $7,436/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 Agent to Sell the Property

Radha Herring

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

Last Buyer's Agent

Jack Chazen

Coastal Vision Properties LLC License #44930

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%
Current Estimated Value
$1,335,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,170,871
Avg. Annual Appreciation
33.81%

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
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
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 List to Sale Price per Sq Ft
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 -- $61,801 $20,016 $41,785
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

  • Radha Herring

    Seller's Agent in 2018

    Radha Herring

    Watermark Real Estate Group

    (843) 424-8811

    5 in this area

    157 Total Sales

    Radha Herring
    Section Image
  • Jack Chazen

    Buyer's Agent in 2018

    Jack Chazen

    Coastal Vision Properties LLC

    (843) 450-5478

    40 Total Sales

    Jack Chazen
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1813588

Coastal Carolinas Association of REALTORS®

APN: 42007040096

South Carolina Horry County Myrtle Beach 29579 Pine Island

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

This home is located at 464 W Palms Dr Unit Lot 34 Waterway Palm, Myrtle Beach, SC 29579 since 26 June 2018 and is currently estimated at $1,335,871. 464 W Palms Dr Unit Lot 34 Waterway Palm 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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