488 W Palms Dr Unit Lot 28 West Palms Dr Myrtle Beach, SC 29579
Pine Island NeighborhoodEstimated Value: $1,707,000 - $1,860,000
5
Beds
4
Baths
3,720
Sq Ft
$478/Sq Ft
Est. Value
Highlights
- Community Boat Slip
- Property fronts an intracoastal waterway
- Sitting Area In Primary Bedroom
- River Oaks Elementary School Rated A
- Private Pool
- Clubhouse
About This Home
As of April 2023Rare opportunity to own a nearly NEW custom built/designed luxury waterfront property with a private dock/boat lift, pool and hot tub in the coveted, gated community of Waterway Palms. Postcard perfect views from three covered porches overlooking the Intercoastal Waterway, with bonus views of the lush greens of Myrtlewood Golf Course in the background. Step through the front door to soaring ceilings and an oversized entry hall with expansive views to the back of the house (open family-kitchen area) and beyond through the french doors leading out to the main level porch. Dine alfresco while soaking in the sunsets – or lounge anytime while enjoying breathtaking views. Cool, warm tones adorn all three levels of this home – accessed from stairs or the custom installed elevator. Tons of natural light throughout. Only the highest quality interior and construction finishes were used. Utility bills reflect the care in high quality insulation and attention to detail in the construction. The primary bedroom suite comes complete with its own covered porch expanding the length of the home, dual walk-in closets, dual water closets/vanities and an oversized, glass framed shower with deluxe fixtures. Additional bedrooms have the added privacy of being en-suites. Among the many other luxury features are: gunite, saltwater pool-hot tub with waterfall, extensive landscape package with irrigation & app control, impact resistant glass throughout home, built-in speakers, deluxe lighting with dimmers, fan controls and 6 locations app controlled, remote controlled window treatments, 3 premium 30-year roof finishes, 2 Rinnai tankless hot water heaters with app control, Security System with 9 Camera exterior monitoring. Three car garage is fully insulated with heating and air, and epoxy covered flooring throughout. Garage also wired with electric car charging station. This community offers its residents a vast amenities package. The very best on the beach - schedule a private showing today with the Listing Agent.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,640
Year Built
- Built in 2018
Lot Details
- 10,019 Sq Ft Lot
- Property fronts an intracoastal waterway
- Irregular Lot
HOA Fees
- $118 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Home Design
- Low Country Architecture
- Slab Foundation
- Stucco
- Tile
Interior Spaces
- 3,720 Sq Ft Home
- 3-Story Property
- Tray Ceiling
- Ceiling Fan
- Insulated Doors
- Entrance Foyer
- Family Room with Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Den
- Intracoastal Views
- Laundry Room
Kitchen
- Breakfast Bar
- Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Sitting Area In Primary Bedroom
- Walk-In Closet
- 4 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Shower Only
- Garden Bath
Home Security
- Home Security System
- Fire and Smoke Detector
Pool
- Private Pool
- Spa
Schools
- River Oaks Elementary School
- Ocean Bay Middle School
- Carolina Forest High School
Utilities
- Central Heating and Cooling System
- Propane
- Water Heater
- Water Purifier
Additional Features
- Balcony
- Outside City Limits
Community Details
Overview
- Association fees include electric common, pool service, manager, common maint/repair, security, recreation facilities
- Built by Builder Owner's Primary Residence
- The community has rules related to allowable golf cart usage in the community
- Intracoastal Waterway Community
Amenities
- Clubhouse
Recreation
- Community Boat Slip
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 19, 2024
Sold by
Davenport Alan K
Bought by
Whitt Mark J Tr and Whitt Alicia L Tr
Total Days on Market
53
Current Estimated Value
Purchase Details
Listed on
Jan 2, 2023
Closed on
Apr 14, 2023
Sold by
Gross Jeffrey M
Bought by
Davenport Alan K and Chu Kayla T
Seller's Agent
Kelly Goggin
INNOVATE Real Estate
Buyer's Agent
AGENT .NON-MLS
Fnis Blac Knight MLS Solutions
List Price
$1,697,000
Sold Price
$1,697,000
Views
174
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.26%
Purchase Details
Closed on
Oct 27, 2016
Sold by
Buxani Kamal K
Bought by
Minshew Tony L
Purchase Details
Closed on
Aug 30, 2013
Sold by
Italiano Tara Gemza
Bought by
Buxani Kamal Kishin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Interest Rate
4.37%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Oct 21, 2010
Sold by
Gemza Robert J
Bought by
Italiano Tara Gemza
Purchase Details
Closed on
Nov 15, 2004
Sold by
South Carolina Coastal Development Inc
Bought by
Gemza Robert J and Gemza Janet A
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Similar Homes in Myrtle Beach, SC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Whitt Mark J Tr | $1,800,000 | -- | |
| Davenport Alan K | $1,697,000 | -- | |
| Minshew Tony L | $145,000 | -- | |
| Buxani Kamal Kishin | $91,000 | -- | |
| Italiano Tara Gemza | -- | -- | |
| Gemza Robert J | $274,880 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Minshew Tony Lee | $637,380 | |
| Previous Owner | Minshew Tony Lee | $650,000 | |
| Previous Owner | Minshew Tony Lee | $600,000 | |
| Previous Owner | Buxani Kamal Kishin | $68,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2023 04/14/23 | Sold | $1,697,000 | 0.0% | $456 / Sq Ft |
| 01/02/2023 01/02/23 | For Sale | $1,697,000 | -- | $456 / Sq Ft |
Source: Coastal Carolinas Association of REALTORS®
Tax History Compared to Growth
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 | $20,640 | $29,417 | $6,433 | $22,984 |
| 2023 | $20,640 | $29,417 | $6,433 | $22,984 |
| 2021 | $2,873 | $29,417 | $6,433 | $22,984 |
| 2020 | $2,604 | $29,417 | $6,433 | $22,984 |
| 2019 | $2,569 | $29,417 | $6,433 | $22,984 |
| 2018 | $0 | $8,702 | $8,702 | $0 |
| 2017 | $1,856 | $8,702 | $8,702 | $0 |
| 2016 | $0 | $5,414 | $5,414 | $0 |
| 2015 | -- | $5,414 | $5,414 | $0 |
| 2014 | $1,118 | $5,414 | $5,414 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Goggin
Seller's Agent in 2023
Kelly Goggin
INNOVATE Real Estate
(404) 401-1216
1 in this area
15 Total Sales
-
A
Buyer's Agent in 2023
AGENT .NON-MLS
Fnis Blac Knight MLS Solutions
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2300049
APN: 42007030004
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.
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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