NOT LISTED FOR SALE

492 W Palms Dr Unit Lot 37 West Palms Dr Myrtle Beach, SC 29579

Pine Island Neighborhood

Estimated Value: $1,417,000 - $1,862,000

4 Beds
5 Baths
3,970 Sq Ft
$410/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $1,700,000 $428 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $9,688/month

Highlights

  • Boat Ramp
  • Property fronts an intracoastal waterway
  • Gated Community
  • River Oaks Elementary School Rated A
  • Private Pool
  • Clubhouse

About This Home

As of June 2022

Waterway living at its finest! Although this home was just built in 2018 it has been completely renovated and updated from top to bottom! From the minute you walk in the front door you will be blown away by open and airy feel of the clean lines, fresh paint, and endless views of the waterway with the Retractable Sliding Doors, bringing the outside in. Enjoy the breeze from your kitchen, living room or relaxing on the screened porch. The kitchen offers a huge counter height island and comes complete with brand new Kitchenaid appliances including: 48" Refrigerator/Freezer, Double Ovens w/ Warming Drawer, Wine Cooler, Ice Maker, Double Refrigerated Beverage Drawers, Dishwasher, Trash Compactor, 36" Gas Cooktop w/ Vented Hood Exhaust. If thats not enough you also have a huge walk in Butlers Pantry where you will find the built in microwave drawer and a beautiful butcher block countertop with ample counter space and storage. Also on this main living area floor there is huge bedroom/office with a large closet connected to a full bath The third floor is where you will find 2 guest suites each with their own full bathroom, one has a tub with tile surround and the other has a walk-in tiled shower. The oversized Owner Suite is where you will want to spend all of your time, over looking the waterway from your private balcony, newly remodeled bathroom, huge walk in closet with custom built-ins. The Owners Suite also includes the laundry room with brand new, quiet, stackable LG Washer and Dryer + a Beverage Refrigerator. This 3rd floor also has separate exercise room or if your not into that it would be a great storage closet. The bottom level of the home is where all the fun happens in the "Rec Room" where you have a built in Movie Screen & projector, built in Murphy Bed, full bathroom, mini-kitchen which includes a refrigerator, microwave, sink and another full size LG Stackable Washer & Dryer. This room has 2 sets of French Doors leading out to the newly paved pool deck, beautiful salt water pool, hot tub & a Pool Slide with flowing water. There is a paved walkway down to the boat dock where you have your very own boat lift. This home really has too many upgrades to list but some honorable mentions are: Built in elevator to take you from floor 1 to floor 3, All new LVP flooring throughout the home, Built in Outdoor Kitchen, Exterior has been freshly painted, fully wired for smart home options and every room is CAT 6 Ready. This home is truly one of a kind with no stone left stone left unturned. Don't Delay! Start living the dream today!!

Last Listed By

Stacey Campbell

RE/MAX Southern Shores License #2424 Listed on: 04/21/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,161

Year Built

  • Built in 2018

Lot Details

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

HOA Fees

  • $114 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Low Country Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Masonry Siding
  • Siding
  • Tile

Interior Spaces

  • 3,970 Sq Ft Home
  • 3-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Den
  • Recreation Room
  • Screened Porch
  • Luxury Vinyl Tile Flooring
  • Intracoastal Views

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 5 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors
  • 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
  • Electric Air Filter
  • Underground Utilities
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Deck
  • Outside City Limits

Community Details

Overview

  • Association fees include electric common, pool service, manager, common maint/repair, security, recreation facilities, legal and accounting
  • The community has rules related to allowable golf cart usage in the community
  • Intracoastal Waterway Community

Recreation

  • Boat Ramp
  • Boat Dock
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,161

Year Built

Built in 2018

Lot Details

0

HOA Fees

$114 per month

Parking

6

Listing Details

  • Lot Description: Irregular
  • Four Sided Lot Measurement: 42 X 231 X 42 X 235
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool - Outdoor Community, Tennis Court, Security, Seller Disclosure, Gated Community, Long Term Rental Allowed, Owner Allowed Motorcyle, Owner Allowed Golf Cart, Owner Allowed Pet, Boat Dock, Boat Ramp
  • Estimated Year Built: 2018
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan, Fireplace
  • Floor Cover: Tile, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Quarterly
  • Heating And Cooling: Central Heat, Central Air
  • Monthly HOA as Calculated: 114
  • HOA Management Company: Waccamaw 843-903-9551
  • Lvt Date: 04/22/2022
  • Sold Total Heated Sq Ft: 3970
  • Sold Total Sq Ft: 5544
  • Style: Low Country
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 3970
  • Geo Subdivision: SC
  • Section Subdivision: Waterway Palms Plantation
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2018

Interior Features

  • Dining Room: 12 x 15
  • Interior Amenities: Wind Treat Convey, Garage Door Opener, Security System, Smoke Detector, Wshr/Dryer Connection, Electric Air Filter, Split Bedroom Plan, Fireplace, Elevator-Interior
  • Master Bedroom: 18 X 19'4"
  • Other Rooms: Den/Study/Library, Recreation Room, Foyer, Laundry/Utility, Screened Porch, Mother In Law Suite
  • Primary Bathroom: Double Sink, Garden Tub, Shower
  • Kitchen Type: Range, Work Island, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Pantry, Double Oven, Trash Compactor, Range Hood, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, Walk-In Closet, Tray Ceiling
  • Bedrooms: 4
  • Dining Room Type: Kit/Dr Combo
  • Full Bathrooms: 5
  • Levels: Three Or More
  • Total Sq Ft: 5544

Exterior Features

  • Exterior Features: Deck, Front Porch, Rear Porch, Lawn Sprinkler, Pool-Outdoor Private, Spa/Hot Tub, Storm Doors, Storm Windows, Insulated Doors/Windows, Boat Dock
  • Exterior Finish: Wood Frame, Siding, Masonry Accent
  • Foundation: Slab
  • Number Of Acres: 0.23

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Gas
  • Utilities Available: Electricity, Water Public, Sewer, Cable Tv, Underground Utilities, Telephone

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Pool Service, Manager, Common Maint/Repair, Security, Recreation Facilities, Legal And Accounting

Schools

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

Lot Info

  • Lot Location: On Icw, Outside City Limits, In Icw Community, Icw View
  • Zoning: Residentia

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
Apr 21, 2022
Closed on
Jun 15, 2022
Sold by
Shondrick Debra
Bought by
Smith Daniela and Smith Jared Scott
Seller's Agent
Stacey Campbell
RE/MAX Southern Shores
Buyer's Agent
Matthew Rose
Century 21 Palms Realty
List Price
$1,725,000
Sold Price
$1,700,000
Premium/Discount to List
-$25,000
-1.45%
Current Estimated Value
$1,626,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,453
Avg. Annual Appreciation
-1.51%
Original Mortgage
$1,360,000
Outstanding Balance
$1,302,947
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$323,600

Purchase Details

Closed on
Sep 8, 2021
Sold by
Walsh Laureen
Bought by
Shondrick Debra and Shondrick Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2018
Sold by
Milovich Andrew R
Bought by
Walsh Laureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,800
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2016
Sold by
Gemza William R
Bought by
Milovich Andrew R and Milovich Cher

Purchase Details

Closed on
Nov 15, 2004
Sold by
South Carolina Coastal Development Inc
Bought by
Gemza William R and Gemza Barbara R

Range of Values:

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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
Smith Daniela $1,700,000 --
Shondrick Debra $1,200,000 --
Walsh Laureen $750,400 --
Milovich Andrew R $125,000 --
Gemza William R $274,880 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Daniela $1,360,000
Previous Owner Shondrick Debra $500,000
Previous Owner Walsh Laureen $562,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $1,700,000 -1.4% $428 / Sq Ft
04/21/2022 04/21/22 For Sale $1,725,000 -- $435 / Sq Ft
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 $6,161 $31,005 $6,421 $24,584
2023 $6,161 $31,005 $6,421 $24,584
2021 $16,284 $31,005 $6,421 $24,584
2020 $2,742 $31,005 $6,421 $24,584
2019 $9,548 $31,005 $6,421 $24,584
2018 $1,732 $8,098 $8,098 $0
2017 $1,729 $8,098 $8,098 $0
2016 -- $5,404 $5,404 $0
2015 $1,155 $5,405 $5,405 $0
2014 $1,118 $5,405 $5,405 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2208716

Coastal Carolinas Association of REALTORS®

APN: 42007030005