NOT LISTED FOR SALE

Estimated Value: $566,475 - $577,000

1 Acre
$572,119 Price per Acre
43,560 Sq Ft Lot

Last Sold March 30, 2017

Last sale price $55,000

Est. 940% increase in value since last sale

Current estimated payment $3,476/month

392 Days on Market

Highlights

  • Golf Course Community
  • Lake On Lot
  • 1 Acre Lot
  • Waccamaw Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Lot

As of March 2017

Lowest priced property in Palm Bay - reduced for quick sale! Great location with a great price - hurry and call for details today, won't last long in this nearly completed, gated community of Palm Bay. Beautiful, wooded homesite located on a lake offers one of the best water views mid lake! Buy now and build later, this residential lot has no timeframe for house construction with the option to bring your own custom builder and approved floorplan. Palm Bay is a private, gated community of Prince Creek adjacent to the TPC golf course with winding walking trails and offers a ten acre amenity center featuring 2 pools, clubhouse, tennis courts, covered picnic area with fireplace, barbeque pits, children's play area and multi ball fields. Located in the quiet fishing village of Murrells Inlet, Palm Bay is close to the waterway and boat landing, tons of restaurants, shopping, golf courses and minutes to area beaches, Myrtle Beach airport and health facilities. Lot measurement is approximate and not guaranteed. Buyer is responsible for verification.

Last Agent to Sell the Property

Terri Lucas

CB Sea Coast Advantage MI License #18088 Listed on: 01/04/2016

Last Buyer's Agent

Ron Dendy

Heron Realty License #8165

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,873

Lot Details

  • 1 Acre Lot
  • Rectangular Lot
  • Property is zoned PUD

HOA Fees

  • $133 Monthly HOA Fees

Location

  • Outside City Limits

Schools

  • Waccamaw Elementary School
  • Waccamaw Middle School
  • Waccamaw High School

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Lake On Lot

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,873

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 71x122
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool-Outdoor Community, Tennis Court, Security, Gated Community, Long Term Rental Allowed, Owner Allowed Motorcycle
  • Class: Land
  • HOA Fee Frequency: Monthly
  • HOA Management Company: Gold Crown/843-445-6007
  • Lvt Date: 01/04/2016
  • Estm Road Frontage: 71'
  • Previous Tax Mapnumber: 41-0133B-105-00-00
  • Estimated Lot Size: Less Than 1/2 Acre
  • Fees Paid: Impact Fee
  • Monthly HOA Calculated: 133
  • Number Of Lots: 1
  • Residence: Land Only
  • Road Access: Private Only
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Gas, Sewer, Underground, Water
  • Geo Subdivision: SC
  • Section Subdivision: Palm Bay of Prince Creek
  • Special Features: None
  • Property Sub Type: LotsLands

Garage/Parking

  • Type: Residential Lot

Utilities

  • Sewer: Public
  • Water: Public

Schools

  • Elementary School: Waccamaw Elementary School
  • Middle School: Waccamaw Middle School
  • High School: Waccamaw High School

Lot Info

  • Lot Location: Outside City Limits, On Lake/Pond, In Golf Course Community
  • Zoning: PUD

MLS Schools

  • Elementary School: Waccamaw Elementary School
  • HighSchool: Waccamaw High School
  • Middle School: Waccamaw Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2018
Sold by
Signature Properties Of Litchfield Inc
Bought by
Dimaina Michael F and Dimaina Eileen B
Current Estimated Value
$572,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,400
Outstanding Balance
$310,802
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$275,657

Purchase Details

Listed on
Jan 4, 2016
Closed on
Mar 29, 2017
Sold by
Donner Carolyn A and Di Pace Debra
Bought by
Signature Properties Of Litchfield Inc
Seller's Agent
Terri Lucas
CB Sea Coast Advantage MI
Buyer's Agent
Ron Dendy
Heron Realty
List Price
$64,500
Sold Price
$55,000
Premium/Discount to List
-$9,500
-14.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.32%

Purchase Details

Closed on
Jul 6, 2006
Sold by
Sunbelt Land Group Llc
Bought by
Donner Carolyn A and Dipace Debra
Source: Public Records

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    Section Image

Range of Values:

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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
Dimaina Michael F $396,000 None Available
Signature Properties Of Litchfield Inc $55,000 --
Donner Carolyn A $94,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dimaina Michael F $356,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2017 03/30/17 Sold $55,000 -14.7% --
01/30/2017 01/30/17 Pending -- -- --
01/04/2016 01/04/16 For Sale $64,500 -- --
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 $1,873 $14,870 $3,220 $11,650
2023 $1,873 $14,870 $3,220 $11,650
2022 $1,571 $14,870 $3,220 $11,650
2021 $1,522 $14,872 $3,220 $11,652
2020 $1,518 $14,872 $3,220 $11,652
2019 $1,391 $13,796 $3,200 $10,596
2018 $1,032 $102,880 $0 $0
2017 $813 $0 $0 $0
2016 $809 $3,840 $0 $0
2015 -- $0 $0 $0
2014 -- $65,000 $65,000 $0
2012 -- $65,000 $65,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1600052

Coastal Carolinas Association of REALTORS®

APN: 41-0133B-105-00-00