$224,500
SOLD JUN 4, 2021

1654 Pennystone Trail Myrtle Beach, SC 29575

3 Beds
2.5 Baths
2,115 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$106 Per Sq Ft

10% Below List Price

10 Days on Market

Highlights

  • Boat Dock
  • Contemporary Architecture
  • Vaulted Ceiling
  • Lakewood Elementary Rated A
  • Creek On Lot
  • Soaking Tub and Shower Combination in Primary Bathroom

About This Home

As of November 2021

Welcome to this awesome 3 bed, 2.5 bath, one level home located on a quiet cul-de-sac in the highly desired community of Southwood in Surfside Beach, SC. This expansive creek front home is full of surprises as it includes a wood deck and a floating dock where you can peacefully enjoy the local wildlife. You'll forget that you're so close to everything the area has to offer while watching the swans swim by. The wide driveway leads to the 2 car garage which has an extended storage area overhead. You'll love the office space near the entry along with the huge living room with adjoining Carolina room in this open floor plan. Bring the beauty of the rear yard inside with new sliding glass doors and panoramic windows. Out back you'll find a large patio with enough space to enclose for a huge screened porch if you so desire because you'll never want to leave the park-like back yard with palm trees on the beautiful serene waterway. You'll appreciate the storm panels on the exterior for all windows and glass sliding doors, as well as the rain gutters that are complete with time saving leaf guards. THIS HOME HAS NEVER FLOODED NOR HAD A MOLD ISSUE. This home is a work in process with completed renovations including: new windows and doors, newly installed interior insulation, new wiring and plumbing. Sheetrock installation is included in the Asking Price however the Seller will consider “AS IS” offers without sheetrock. The home is currently undergoing ceiling to floor, wall to wall extensive renovations and being offered “AS IS” to enable the Buyer to make this their dream home by completing all finishings such as cabinets, countertops, wall paint, lighting, floor coverings and appliances. Asking price reflects cost of items the Buyer will need to complete. The price will increase as more renovations are completed. New roof in 2018 and the HVAC replaced in 2012. Southwood has two community pools and direct access to Hwy 17 Bypass and Hwy 544 and is just a few minutes from beaches, restaurants, stores, golf courses and all other amenities that the Grand Strand has to offer. Don’t miss out on this rare opportunity to have a "like new" home in such a lovely community only minutes from the ocean.

Last Agent to Sell the Property

Norman Rheaume

Shoreline Realty-Conway License #38497 Listed on: 05/08/2021

Co-Listed By

Mari Armstrong

ArmsLink Realty License #84867

Last Buyer's Agent

Kathi Patrick

Realty ONE Group DocksideSouth License #22476

Realty ONE Group DocksideSouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,669

Year Built

  • Built in 1995

Lot Details

  • 9,583 Sq Ft Lot
  • Rectangular Lot
  • Property is zoned GR

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,115 Sq Ft Home
  • Tray Ceiling
  • Vaulted Ceiling
  • Insulated Doors
  • Formal Dining Room
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Floating Dock
  • Creek On Lot
  • Patio

Location

  • East of US 17

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

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

Recreation

  • Boat Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,669

Year Built

Built in 1995

Lot Details

0

HOA Fees

$32 per month

Parking

6

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Pool - Outdoor Community, Seller Disclosure, Long Term Rental Allowed, Owner Allowed Motorcyle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 1995
  • Class: Residential
  • Construction Status: Resale
  • HOA Fee Frequency: Semi-Annually
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 32
  • HOA Management Company: Waccamaw Management (843) 237-9551
  • Living Room Type: Vaulted/Cathedral Ceiling
  • Lvt Date: 05/10/2021
  • Sold Total Heated Sq Ft: 2115
  • Sold Total Sq Ft: 2619
  • Style: Contemporary
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 2115
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Interior Amenities: Garage Door Opener, Stairs To Attic, Wshr/Dryer Connection
  • Other Rooms: Carolina Room, 1st Floor Bedrooms, 1st Floor Baths, Laundry/Utility
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Pantry
  • Master Bedroom Type: 1st Flr Level, Walk-In Closet, Tray Ceiling
  • Bedrooms: 3
  • Dining Room Type: Formal
  • Formal Dining: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 2619

Exterior Features

  • Exterior Features: Patio, Lawn Sprinkler, Insulated Doors/Windows, Boat Dock
  • Exterior Finish: Brick Veneer, Vinyl Siding
  • Foundation: Slab
  • Number Of Acres: 0.22

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • Utilities Available: Electricity, Water Public, Sewer, Cable Tv, Telephone

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Pool Service, Manager, Common Maint/Repair, Legal And Accounting

Schools

  • Elementary School: Lakewood Elementary School
  • Middle School: Socastee Middle School
  • High School: Socastee High School

Lot Info

  • Lot Location: On Inlet/Creek, Floating Dock, East Of Highway 17 Bypass
  • Zoning: GR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2021
Closed on
Oct 28, 2021
Sold by
Beach Life Development Llc
Bought by
Smith Steven Phillip and Smith Sharon Margaret
Seller's Agent
Kathi Patrick
Realty ONE Group DocksideSouth
Buyer's Agent
Heyward Key
Carolina Sky Real Estate, LLC
List Price
$387,000
Sold Price
$400,000
Premium/Discount to List
$13,000
3.36%
Current Estimated Value
$454,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,608
Avg. Annual Appreciation
2.85%

Purchase Details

Listed on
May 8, 2021
Closed on
Jun 3, 2021
Sold by
Delia Christopher
Bought by
Beach Life Development Llc
Seller's Agent
Norman Rheaume
Shoreline Realty-Conway
Buyer's Agent
Kathi Patrick
Realty ONE Group DocksideSouth
List Price
$249,900
Sold Price
$224,500
Premium/Discount to List
-$25,400
-10.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
309.09%

Purchase Details

Closed on
Dec 17, 2019
Sold by
D'Elia Renay
Bought by
Delia Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2014
Sold by
Estate Of Marilyn Rose
Bought by
Elia Renay D
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 Type Sale Price Title Company
Warranty Deed $400,000 --
Warranty Deed $224,500 --
Quit Claim Deed -- --
Deed Of Distribution -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $400,000 +1.1% $189 / Sq Ft
09/30/2021 09/30/21 Price Changed $395,500 +2.2% $187 / Sq Ft
08/08/2021 08/08/21 For Sale $387,000 +72.4% $183 / Sq Ft
06/04/2021 06/04/21 Sold $224,500 -10.2% $106 / Sq Ft
05/08/2021 05/08/21 For Sale $249,900 -- $118 / 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 $1,669 $17,193 $5,750 $11,443
2023 $1,669 $15,383 $3,095 $12,288
2021 $1,635 $15,383 $3,095 $12,288
2020 $3,199 $15,383 $3,095 $12,288
2019 $2,653 $12,719 $3,095 $9,624
2018 $2,676 $12,365 $3,095 $9,270
2017 $2,661 $12,365 $3,095 $9,270
2016 -- $12,365 $3,095 $9,270
2015 $2,661 $12,365 $3,095 $9,270
2014 $544 $8,244 $2,064 $6,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2110301

Coastal Carolinas Association of REALTORS®

APN: 45902040043