NOT LISTED FOR SALE

485 W Palms Dr Myrtle Beach, SC 29579

Pine Island Neighborhood

Estimated Value: $94,472 - $181,000

0.15 Acre
$877,453 Price per Acre
6,534 Sq Ft Lot

Last Sold December 01, 2023

Last sale price $94,000

Est. 40% increase in value since last sale

Current estimated payment $938/month

142 Days on Market

Highlights

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

About This Lot

As of December 2023

Build your dream home on luxury waterfront property in the coveted, gated community of Waterway Palms. Postcard perfect views overlooking the IntercoastalWaterway, with bonus views of the lush greens of Myrtlewood Golf Course in the background. Community amenities include a two-story clubhouse with large swimming pool, playground, and tennis courts. Waterway Palms also offers boat storage and a private dual boat launching facility.

Last Agent to Sell the Property

Bill Dotson

Keller Williams Innovate South License #109686 Listed on: 05/20/2023

Keller Williams Innovate South

Last Buyer's Agent

Alaina Doria

Myrtle Beach Realty Group License #110763

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,230

Lot Details

  • 6,534 Sq Ft Lot
  • Rectangular Lot
  • Property is zoned PDD

HOA Fees

  • $114 Monthly HOA Fees

Schools

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

Community Details

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,230

Lot Details

0

HOA Fees

$114 per month

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Home Owners Assoc. Fees, Clubhouse/Rec/Facilities, Pool-Outdoor Community, Tennis Court, Gated Community, Owner Allowed Pet
  • Class: Land
  • HOA Fee Frequency: Quarterly
  • HOA Management Company: 485 W Palms Drive
  • Lvt Date: 05/22/2023
  • Monthly HOA Calculated: 114
  • Road Access: City Street
  • Road Surface: Concrete
  • Geo Subdivision: SC
  • Section Subdivision: Waterway Palms Plantation
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.15

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

  • Zoning: PDD

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
May 20, 2023
Closed on
Nov 29, 2023
Sold by
Lin Xuhua
Bought by
Graves Wyatt Hunter
Seller's Agent
Bill Dotson
Keller Williams Innovate South
Buyer's Agent
Alaina Doria
Myrtle Beach Realty Group
List Price
$98,000
Sold Price
$94,000
Premium/Discount to List
-$4,000
-4.08%
Views
263
Current Estimated Value
$131,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,618
Avg. Annual Appreciation
21.58%

Purchase Details

Closed on
Nov 15, 2004
Sold by
South Carolina Coastal Development Inc
Bought by
Lin Xuhua and Yu Xinyi Cindy
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
Graves Wyatt Hunter $94,000 --
Lin Xuhua $105,880 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $94,000 -4.1% --
05/20/2023 05/20/23 For Sale $98,000 -- --
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 $1,230 $6,354 $6,354 $0
2023 $1,230 $6,354 $6,354 $0
2021 $535 $6,354 $6,354 $0
2020 $507 $6,354 $6,354 $0
2019 $507 $6,354 $6,354 $0
2018 $460 $3,704 $3,704 $0
2017 $457 $2,117 $2,117 $0
2016 -- $2,117 $2,117 $0
2015 $457 $2,117 $2,117 $0
2014 $442 $2,117 $2,117 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Dotson

    Seller's Agent in 2023

    Bill Dotson

    Keller Williams Innovate South

    (843) 742-9886

    9 in this area

    90 Total Sales

    Section Image
  • Alaina Doria

    Buyer's Agent in 2023

    Alaina Doria

    Myrtle Beach Realty Group

    (843) 267-3154

    15 in this area

    36 Total Sales

    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2310144

Coastal Carolinas Association of REALTORS®

APN: 42007040037

South Carolina Horry County Myrtle Beach 29579 Pine Island

485 W Palms Dr, Myrtle Beach, SC

This home is located at 485 W Palms Dr, Myrtle Beach, SC 29579 since 20 May 2023 and is currently estimated at $131,618. 485 W Palms Dr 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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