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$1,797,000

Beds
4
Baths
5.0
sq ft
4,264

504 W Palms Dr, Myrtle Beach, SC 29579

504 W Palms Dr

Myrtle Beach, SC 29579

  • 83 days on market
    • Price drop $150,000↓
    • Open house Jul 07
AMAZING PRICE ON ICW HOME WITH ELEVATOR, POOL/HOT TUB!!! Experience luxury living at its finest on the Direct Waterway!!! This stunning 4-bedroom, 5-bathroom home nestled On the picturesque Intracoastal Waterway within the prestigious Gated Waterway Palms Plantation. Step inside to discover an open floor plan flooded with natural light, boasting an interior 4-stop elevator for convenience. The gourmet kitchen is a chef's dream, featuring granite counters, a brick and tile backsplash, and top-of-the-line stainless steel appliances. Entertain guests in the formal dining room or unwind in the spacious living room, complete with a cozy gas fireplace. There is also an office/flex room/5th bedroom plus full bath on this main floor. Retreat to the 3rd floor elegant master suite offering his and hers walk-in closets, a luxurious en-suite bathroom with a soaking tub and walk-in shower, and private access to the third-floor balcony overlooking breathtaking views of the waterway. Two additional en-suite bedrooms plus a laundry room complete the 3rd floor. Then a huge surprise - the fourth floor accessed by the elevator. Makes for a great flex room for workout equipment, playhouse for the kids, office or just for storage... Additional highlights, include a ground-level family room and guest suite with access to a covered porch and swimming pool. So you have a bathroom on the first floor for the Pool area!!! Outside, enjoy the ultimate in outdoor living with large ground level and 2nd floor porches and a patio, a top of the line, custom designed, multi-level pool and hot tub featuring tranquil waterfall features built in 2023 and a walkway leading to the banks of the Intracoastal Waterway. A private Dock is allowed if that meets your needs. Waterway Palms Plantation offers an array of amenities including tennis courts, a community pool, children's play area, clubhouse, private boat landing, and boat storage, all within a gated community for added security and exclusivity. Welcome home to waterfront paradise. You will not want to Leave!!!

Details

Property type

Single Family Residence

Est. home value

$1,083,756

Lot size

9,148 sq ft

Price per sq ft

$422

Year built

2012

Monthly HOA fee

$140

Price History

05/30/2024
MyrtleBeach

MyrtleBeach #2409192

Price change
$1,797,000
-7.7%
05/15/2024
MyrtleBeach

MyrtleBeach #2409192

Price change
$1,947,000
-2.5%
04/15/2024
MyrtleBeach

MyrtleBeach #2409192

Listed
$1,997,000
+74.26%

Schools & Community

Elementary school: 

River Oaks Elementary

Middle school: 

Ocean Bay Middle School

High school: 

Carolina Forest High School

Community features: 

Pool, Gated, Clubhouse, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,591,243
Asking price
$1,797,000
Closing costs (~8% of asking)
-$143,760
Est. remaining loan balance
-$61,997
Cash to seller
$1,591,243

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Branch Bk&Tr

Loan start date

October 2015

Original loan amount

$82,000

Est. remaining balance

$61,997

Interest rate

3.89%

Loan type

Not Provided, 25 year

Seller

Laurence J Simon and Rose Simon

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/07/2024 at 7:15 PM

Listing updated: 07/03/2024 at 11:13 AM

Listed by: Traci Miles Team, CENTURY 21 Boling & Associates Phone #: (843) 449-2121

MLS: MyrtleBeach #2409192

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