NOT LISTED FOR SALE

248 Atlantic Ave Pawleys Island, SC 29585

Estimated Value: $1,487,000 - $1,919,009

7 Beds
7 Baths
3,400 Sq Ft
$483/Sq Ft Est. Value

Last Sold May 25, 2016

Last sale price $562,500 $165 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $9,653/month

193 Days on Market

Highlights

  • Property is near a beach
  • Deck
  • Main Floor Bedroom
  • Waccamaw Elementary School Rated A-
  • Soaking Tub in Primary Bathroom
  • Bonus Room

About This Home

As of May 2016

Welcome to "Casa Up" and "Casa Down"! This seven bedroom seven bath home located steps to the ocean on Pawleys Island. This home features two lockout units and a bonus room with Ocean Views from the top deck. The walls and ceilings are pickled cypress. Each living level has its own kitchen and gas fireplace. The home has plenty of room for your entire family, guests, or renters. This home comes tastefully furnished and is turn key move in ready. It is currently on a vacation rental program. All rentals must be honored. Stay in either lockout and subsidize your living expenses by renting the other.

Last Agent to Sell the Property

Andrew Steel

Steel Realty License #27589 Listed on: 10/26/2015

Last Buyer's Agent

Andrew Steel

Steel Realty License #27589 Listed on: 10/26/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,667

Year Built

  • Built in 1989

Lot Details

  • 3,572

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home

Interior Spaces

  • 3,400 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 7 Full Bathrooms
  • Single Vanity
  • Soaking Tub in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Property is near a beach
  • Balcony
  • Deck

Schools

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

Additional Features

  • Rectangular Lot
  • Flood Zone Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,667

Year Built

Built in 1989

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Designated Flood Zone, Rectangular
  • Estimated Year Built: 1989
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan, Fireplace, Wet Bar
  • Floor Cover: Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Great Family Room: 29x12
  • Sold Total Heated Sq Ft: 3400
  • Sold Total Sq Ft: 4600
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 3400
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Bedroom 1: 13x11
  • Bedroom 2: 11x10
  • Bedroom 3: 11x10
  • Furnished: Yes
  • Interior Amenities: Smoke Detector, Washer/Dryer, Furnished, Fireplace
  • Kitchen: 12x12
  • Master Bedroom: 13x12
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Bonus Room, Laundry/Utility
  • Primary Bathroom: Tub, Vanity
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 7
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 7
  • Total Sq Ft: 4600

Exterior Features

  • Exterior Features: Deck, Balcony

Garage/Parking

  • Type: Detached

Schools

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

Lot Info

  • Lot Location: Second Row Beach
  • Zoning: res

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
Sep 14, 2017
Sold by
Coastrall R & R Llc
Bought by
Pawleys Island Casa Llc
Current Estimated Value
$1,642,252

Purchase Details

Listed on
Oct 26, 2015
Closed on
May 24, 2016
Sold by
Ritter H N and Ritter Ann K
Bought by
Coastal R & R Llc
Seller's Agent
Andrew Steel
Steel Realty
Buyer's Agent
Andrew Steel
Steel Realty
List Price
$779,000
Sold Price
$562,500
Premium/Discount to List
-$216,500
-27.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%
Original Mortgage
$450,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2005
Sold by
Deane Robert E
Bought by
Ritter H N and Ritter Ann K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,750
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2001
Sold by
Royster J I
Bought by
Deane Robert E
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
Pawleys Island Casa Llc $765,000 None Available
Coastal R & R Llc $562,500 --
Ritter H N $1,425,000 --
Deane Robert E $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coastal R & R Llc $450,000
Previous Owner Ritter H N $726,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2016 05/25/16 Sold $562,500 -27.8% $165 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
10/26/2015 10/26/15 For Sale $779,000 -- $229 / 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 $11,667 $46,140 $25,500 $20,640
2023 $11,667 $46,140 $25,500 $20,640
2022 $10,818 $46,140 $25,500 $20,640
2021 $10,525 $0 $0 $0
2020 $10,511 $0 $0 $0
2019 $10,348 $0 $0 $0
2018 $10,394 $0 $0 $0
2017 $7,454 $0 $0 $0
2016 $9,996 $47,784 $0 $0
2015 $11,839 $0 $0 $0
2014 $11,839 $973,900 $577,500 $396,400
2012 -- $973,900 $577,500 $396,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1520983

Coastal Carolinas Association of REALTORS®

APN: 42-0163-123-00-00