NOT LISTED FOR SALE

1201 Norris Dr Unit The Peninsula @ Inle Pawleys Island, SC 29585

Estimated Value: $3,970,864 - $4,086,000

5 Beds
5.5 Baths
4,480 Sq Ft
$901/Sq Ft Est. Value

Last Sold June 05, 2017

Last sale price $2,400,000 $536 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $25,969/month

287 Days on Market

Highlights

  • Ocean Front
  • Floating Dock
  • Gated Community
  • Waccamaw Elementary School Rated A-
  • Sitting Area In Primary Bedroom
  • Deck

About This Home

As of June 2017

Welcome to 1201 Norris Drive at The Peninsula @ Inlet Point South. Enjoy ocean front and salt water creek living with one address and all the beautiful views and sounds. Association also has a community pool and boat landing as well. What more could you ask for in an ocean front community??? This is the perfect family beach home with very private beaches. Open floor plan, well appointed, with five bedrooms and five and a half baths (two outside showers to wash off the beach and creek before entering the house). Exterior siding is Hardi-Plank and roofing is metal. Elevator convenient to each of the floors. Covered lanai off of the main level, partially covered lanai off of the master bedroom and guest bedroom, and uncovered top floor patio giving you views of the sunrise and up and down our spectacular beaches. Overlook the salt creek from the covered decks off of the kitchen and master bathroom. Great room with built-in wet bar and granite bar for relaxing and having your beverage of choice, wood burning fireplace, and plenty of room for family and friends. Kitchen with granite counter tops, stainless steel appliances, 2 dishwashers, double ovens, warming drawer, 5 burner gas range, breakfast bar, and large dining area. Large master suite with sitting area and two walk-in closets with built-in drawers. Master bathroom with dual sinks, vanity, tiled shower with multiple heads, jetted tub, and private toilet. Bonus room/5th bedroom on top floor makes a perfect guest suite. This well maintained home has had only one owner. Make your appointment today to view this exceptional property!

Last Agent to Sell the Property

BARBARA Griggs

The Dieter Company License #12057 Listed on: 08/01/2016

Co-Listed By

Jon Griggs

The Dieter Company License #54604

Last Buyer's Agent

Christopher Bird

RE/MAX Executive License #3143

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,560

Year Built

  • Built in 2002

Lot Details

  • 0.54 Acre Lot
  • Property fronts a marsh
  • Ocean Front
  • Rectangular Lot
  • Property is zoned PUD

HOA Fees

  • $774 Monthly HOA Fees

Parking

  • Garage
  • Tuck Under Parking
  • Garage Door Opener

Home Design

  • Stilt Home
  • Raised Foundation
  • Concrete Siding
  • Tile

Interior Spaces

  • 4,480 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Tray Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Family or Dining Combination
  • Carpet
  • Ocean Views

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Floating Dock
  • Creek On Lot
  • Deck
  • Front Porch

Location

  • Flood Zone Lot
  • East of US 17
  • Outside City Limits

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Shared Well
  • Water Heater
  • Septic System
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include common maint/repair, manager, pool service, security, water and sewer
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Community Pool

Additional Features

  • Elevator
  • Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,560

Year Built

Built in 2002

Lot Details

0

HOA Fees

$774 per month

Parking

3

Listing Details

  • Lot Description: Designated Flood Zone, Rectangular
  • Four Sided Lot Measurement: 76x306x75x323
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Pool - Outdoor Community, Security, Seller Disclosure, Gated Community, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Golf Cart, Tenant Allowed Golf Cart
  • Estimated Year Built: 2002
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan, Fireplace, Tray Ceiling, Wet Bar
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Monthly
  • Great Family Room: 21x22
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 774
  • HOA Management Company: Waccamaw Mgmt 237-9551
  • Lvt Date: 08/01/2016
  • Sold Total Heated Sq Ft: 4480
  • Sold Total Sq Ft: 7340
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 3
  • Total Heated Sq Ft: 4480
  • Geo Subdivision: SC
  • Section Subdivision: The Peninsula at Inlet Point
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Bedroom 1: 12x14
  • Bedroom 2: 13x11
  • Bedroom 3: 12x15
  • Dining Room: 18x16
  • Interior Amenities: Wind Treat Convey, Garage Door Opener, Security System, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Fireplace, Elevator-Interior
  • Kitchen: 11x20
  • Master Bedroom: 12x26
  • Other Rooms: Foyer, Laundry/Utility
  • Primary Bathroom: Double Sink, Shower, Vanity, Whirlpool Tub
  • Kitchen Type: Breakfast Bar, Ceiling Fan, Double Oven, Dishwasher, Solid Surface Countertops, Microwave, Pantry, Refrigerator, Range, Stainless Steel Apps., Work Island
  • Master Bedroom Type: Ceiling Fan, Sitting Area, Walk-In Closet
  • Bedrooms: 5
  • Dining Room Type: Ceiling Fan, Fam/Dr Combo, Tray Ceiling
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Levels: Three Or More
  • Total Sq Ft: 7340

Exterior Features

  • Exterior Features: Deck, Front Porch, Rear Porch, Elevator-Exterior
  • Exterior Finish: Concrete Fiber Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.54

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Septic, Telephone, Underground Utilities, Well Shared

Condo/Co-op/Association

  • HOA Fee Includes: Common Maint/Repair, Manager, Pool Service, Security, Water And Sewer

Schools

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

Lot Info

  • Lot Location: Oceanfront Lot, On Inlet/Creek, Outside City Limits, East Of Bus 17, Oceanview Lot, Floating Dock, Marsh/Wetlans View
  • 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
Feb 11, 2022
Sold by
Laraway Carver P
Bought by
Ardemagni Nino M and Ardemagni Krista L
Current Estimated Value
$4,035,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,480,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2016
Closed on
Jun 1, 2017
Sold by
Bailey Cynthia B and Bailey Willis G
Bought by
Larawy Carver P and Laraway Jan E
Seller's Agent
BARBARA Griggs
The Dieter Company
Buyer's Agent
Christopher Bird
RE/MAX Executive
List Price
$3,275,000
Sold Price
$2,400,000
Premium/Discount to List
-$875,000
-26.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%

Purchase Details

Closed on
Nov 15, 2001
Sold by
Lutz Robert H Jr Lutz Jane Brokaw
Bought by
Bailey John H

Purchase Details

Closed on
Jul 11, 2000
Sold by
Carter Michael E
Bought by
Lutz Robert H and Lutz Jane Brokaw

Purchase Details

Closed on
Jul 9, 1999
Sold by
The Litchfield Co Of Sc Ltd Partnership
Bought by
Carter Michael E
Source: Public Records

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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
Ardemagni Nino M $3,300,000 Bellamy Law Firm
Larawy Carver P $2,400,000 None Available
Bailey John H $2,200,000 --
Lutz Robert H $1,100,000 --
Carter Michael E $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ardemagni Nino M $2,480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2017 06/05/17 Sold $2,400,000 -26.7% $536 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
08/01/2016 08/01/16 For Sale $3,275,000 -- $731 / 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 $33,560 $136,700 $67,500 $69,200
2023 $33,560 $136,700 $67,500 $69,200
2022 $30,164 $128,770 $90,000 $38,770
2021 $29,224 $0 $0 $0
2020 $29,186 $0 $0 $0
2019 $33,709 $0 $0 $0
2018 $33,852 $0 $0 $0
2017 $31,473 $0 $0 $0
2016 $31,278 $149,514 $0 $0
2015 $29,046 $0 $0 $0
2014 $29,046 $2,399,300 $1,700,000 $699,300
2012 -- $2,399,300 $1,700,000 $699,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1615682

Coastal Carolinas Association of REALTORS®

APN: 04-0149-001-31-00