NOT LISTED FOR SALE

500 W Palms Dr Unit Waterway Palms Plant Myrtle Beach, SC 29579

Pine Island Neighborhood

Estimated Value: $1,018,000 - $1,604,000

4 Beds
4 Baths
3,550 Sq Ft
$396/Sq Ft Est. Value

Last Sold May 20, 2015

Last sale price $610,000 $172 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $8,163/month

28 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Gated Community
  • Deck
  • River Oaks Elementary School Rated A
  • Clubhouse
  • Whirlpool Bathtub

About This Home

As of May 2015

Charleston Style home right on ICW. You will be pleasantly happy with the amazing views of the Waterway and Golf course. This fully upgraded home has many features including a Bar Down Stairs, Beautiful Upgraded Tile in Living Room, Kitchen, and all wet areas, Tiled in Showers and Granite Counter tops in all Bathrooms, Kitchen, Bar and Laundry Room. Soft Close Drawers and Doors in all Cabinets. Chefs kitchen is something to be desired with Stainless Steel Upgraded Appliances. Huge Master with its private balcony looking over the Waterway. Master Bathroom features Double Sink, Jetted Tub with Separate shower and a Walk-in Closet. This home is located in the Gated Community of Waterway Palms Plantation. Community features a Massive Clubhouse along with a Resort style amenity center including Olympic Swimming Pool, Tennis Courts, Fitness Center, Boat and RV Storage and Boat Launch. This Lot is Already Permitted for a Dock !!!

Last Listed By

Johnny Buxani

Beach & Forest Realty License #280910 Listed on: 03/30/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,155

Year Built

  • Built in 2015

Lot Details

  • Property fronts an intracoastal waterway
  • Rectangular Lot
  • Property is zoned Res.

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Stilt Home
  • Brick Exterior Construction
  • Concrete Siding
  • Tile

Interior Spaces

  • 3,550 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Carpet
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Linen Closet
  • Walk-In Closet
  • 4 Full Bathrooms
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Shower Only

Outdoor Features

  • Balcony
  • Deck
  • Front Porch

Schools

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

Utilities

  • Water Heater

Community Details

Overview

  • Intracoastal Waterway Community

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,155

Year Built

Built in 2015

Lot Details

0

HOA Fees

$110 per month

Parking

6

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Home Owners Assoc. Fees, Clubhouse/Rec/Facilities, Pool - Outdoor Community, Tennis Court, Gated Community, Long Term Rental Allowed
  • Estimated Year Built: 2015
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Quarterly
  • Monthly HOA as Calculated: 110
  • HOA Management Company: Kuester 843-839-9704
  • Sold Total Heated Sq Ft: 3550
  • Sold Total Sq Ft: 5250
  • Style: Raised Beach
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 3550
  • Geo Subdivision: SC
  • Section Subdivision: Waterway Palms Plantation
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2015

Interior Features

  • Interior Amenities: Garage Door Opener, Smoke Detector, Wshr/Dryer Connection, Split Bedroom Plan
  • Primary Bathroom: Double Sink, Shower, Vanity, Whirlpool Tub
  • Kitchen Type: Dishwasher, Freezer, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Refrigerator, Range, Stainless Steel Apps., Work Island
  • Master Bedroom Type: Ceiling Fan, Linen Closet, Walk-In Closet
  • Bedrooms: 4
  • Dining Room Type: Formal
  • Formal Dining: Yes
  • Full Bathrooms: 4
  • Levels: Three Or More
  • Total Sq Ft: 5250

Exterior Features

  • Exterior Features: Deck, Balcony, Front Porch
  • Exterior Finish: Brick Veneer, Concrete Fiber Siding

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric

Schools

  • Elementary School: River Oaks Elementary
  • 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: 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
Mar 30, 2015
Closed on
May 19, 2015
Sold by
Buxani Jitender K
Bought by
Scanlon Raymond M and Scanlon Debra A
Seller's Agent
Johnny Buxani
Beach & Forest Realty
Buyer's Agent
Cathy Frisby
CENTURY 21 Boling & Associates
List Price
$649,900
Sold Price
$610,000
Premium/Discount to List
-$39,900
-6.14%
Total Days on Market
28
Current Estimated Value
$1,405,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$795,061
Avg. Annual Appreciation
8.71%

Purchase Details

Closed on
Sep 4, 2013
Sold by
Bp Holdings Llc
Bought by
Buxani Jitender K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,500
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2011
Sold by
Master In Equity Horry County
Bought by
Rsp Builders

Purchase Details

Closed on
Jul 29, 2005
Sold by
Jarosz John W and Jarosz Lesly A
Bought by
Lambrinides Socrates and Lambrinides Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,904
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 15, 2004
Sold by
South Carolina Coastal Development Inc
Bought by
Jarosz John W and Jarosz Lesly A

Range of Values:

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Average Value
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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
Scanlon Raymond M $610,000 --
Buxani Jitender K $90,000 --
Buxani Jitender K $90,000 --
Rsp Builders $67,167 --
Lambrinides Socrates $359,900 --
Jarosz John W $269,880 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buxani Jitender K $408,000
Previous Owner Buxani Jitender K $314,500
Previous Owner Farinacci Frank J $111,904
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2015 05/20/15 Sold $610,000 -6.1% $172 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $649,900 -- $183 / 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 $3,155 $29,009 $6,381 $22,628
2023 $3,155 $29,009 $6,381 $22,628
2021 $2,834 $65,780 $6,381 $59,399
2020 $2,568 $65,780 $6,381 $59,399
2019 $2,568 $65,780 $6,381 $59,399
2018 $2,213 $57,709 $3,581 $54,128
2017 $2,198 $24,201 $3,581 $20,620
2016 -- $36,301 $5,371 $30,930
2015 $1,148 $5,372 $5,372 $0
2014 $1,110 $5,372 $5,372 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1506446

Coastal Carolinas Association of REALTORS®

APN: 42007030007