NOT LISTED FOR SALE

505 W Palms Dr Unit Lot 183 Myrtle Beach, SC 29579

Pine Island Neighborhood

Estimated Value: $64,000 - $187,000

0.17 Acre
$903,588 Price per Acre
7,405 Sq Ft Lot

Last Sold June 24, 2024

Last sale price $180,000

Est. 15% decrease in value since last sale

Current estimated payment $1,038/month

65 Days on Market

Highlights

  • Community Boat Slip
  • Intracoastal View
  • Clubhouse
  • River Oaks Elementary School Rated A
  • Gated Community
  • Community Pool

About This Lot

As of June 2024

Gated waterfront community! Build your dream home in the highly desirable Waterway Palms Plantation Intracoastal Community. Neighborhood Amenities include a 2 Story Clubhouse, Swimming Pool, Tennis Court, Basketball Court, Playground, Boat Ramp with access to ICW and Storage. Minutes to our Beautiful Ocean Beaches, Shopping, Dining and Myrtle Beach International Airport. Adjoining lot also available if you need a double lot.

Last Agent to Sell the Property

Shaun Milligan

CENTURY 21 Boling & Associates License #101744 Listed on: 03/25/2024

CENTURY 21 Boling & Associates

Last Buyer's Agent

Mandi Martin

Realty One Group Dockside Cnwy License #106575

Realty One Group Dockside Cnwy

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $653

Lot Details

  • 7,405 Sq Ft Lot
  • Rectangular Lot

HOA Fees

  • $135 Monthly HOA Fees

Schools

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

Additional Features

  • Intracoastal Views
  • Outside City Limits
  • Phone Available

Community Details

Overview

  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Community Boat Slip
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$653

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool-Outdoor Community, Tennis Court, Gated Community, Long Term Rental Allowed, Owner Allowed Motorcycle, Owner Allowed Golf Cart, Owner Allowed Pet, Private Boat Slip
  • Class: Land
  • HOA Fee Frequency: Quarterly
  • HOA Management Company: Waccamaw Management 843-903-9551
  • Lvt Date: 03/25/2024
  • Monthly HOA Calculated: 135
  • Residence: Land Only
  • Road Access: Private Only
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Gas, Water, Sewer, Phone, Tv Cable, Utilities
  • Geo Subdivision: SC
  • Section Subdivision: Waterway Palms Plantation
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.17

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

  • Lot Location: Outside City Limits, Second Row Other, Icw View, Icw Access
  • 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 25, 2024
Closed on
Jun 25, 2024
Sold by
Scanlon Matthew R
Bought by
Num 3404 North Ocean Boulevard Llc
Seller's Agent
Shaun Milligan
CENTURY 21 Boling & Associates
Buyer's Agent
Mandi Martin
Realty One Group Dockside Cnwy
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%
Views
19
Current Estimated Value
$153,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,390
Avg. Annual Appreciation
-14.14%

Purchase Details

Listed on
Dec 30, 2016
Closed on
Jan 31, 2017
Sold by
Finelt Stanislav
Bought by
Scanlon Debra A and Scanlon Matthew R
Seller's Agent
April Oakley
INNOVATE Real Estate
Buyer's Agent
Rene Fletcher
CB Sea Coast Advantage CF
List Price
$35,999
Sold Price
$35,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.30%

Purchase Details

Closed on
May 20, 2016
Sold by
Us Bk National Assn
Bought by
Finelt Stanislav

Purchase Details

Closed on
Mar 25, 2015
Sold by
Tax Ease Florida Reo Llc
Bought by
Finelt Stanislav

Purchase Details

Closed on
Aug 8, 2014
Sold by
South Carolina Sandy Tyger Investments L
Bought by
Tax Ease Florida Reo Llc

Purchase Details

Closed on
Jun 6, 2014
Sold by
South Carolina Sandy Tyger Llc
Bought by
Tax Ease Florida Reo Llc

Purchase Details

Closed on
Nov 15, 2004
Sold by
South Carolina Coastal Development Inc
Bought by
Mayugba Geronimo G and Mayugba Aurora S
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
Num 3404 North Ocean Boulevard Llc $180,000 --
Scanlon Debra A $35,999 None Available
Finelt Stanislav -- --
Finelt Stanislav $49,000 --
Tax Ease Florida Reo Llc -- --
Tax Ease Florida Reo Llc -- --
Mayugba Geronimo G $109,880 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayugba Geronimo G $99,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $180,000 -10.0% --
03/25/2024 03/25/24 For Sale $199,900 +455.3% --
01/30/2017 01/30/17 Sold $35,999 0.0% --
01/03/2017 01/03/17 Pending -- -- --
12/30/2016 12/30/16 For Sale $35,999 -- --
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 $653 $2,743 $2,743 $0
2023 $653 $2,743 $2,743 $0
2021 $601 $2,743 $2,743 $0
2020 $571 $2,743 $2,743 $0
2019 $571 $2,743 $2,743 $0
2018 $0 $4,667 $4,667 $0
2017 $619 $2,876 $2,876 $0
2016 -- $2,876 $2,876 $0
2015 $461 $2,142 $2,142 $0
2014 -- $2,142 $2,142 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2407328

Coastal Carolinas Association of REALTORS®

APN: 42007020004