NOT LISTED FOR SALE

254 Pearce St Unit Ocean Front - Pawley Pawleys Island, SC 29585

Estimated Value: $2,381,158

5 Beds
4 Baths
2,296 Sq Ft
$1,037/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $2,050,000 $893 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $14,888/month

4 Days on Market

Highlights

  • Ocean Front
  • RV or Boat Parking
  • Deck
  • Waccamaw Elementary School Rated A-
  • Island Location
  • Vaulted Ceiling

About This Home

As of January 2023

Fabulous ocean views from most every room in the house, a large oceanfront porch, an upper deck and an attached walkway to an ocean deck with seating! Unique location, Pearce is a small street, off the main road and close to the north causeway, offering convenience and privacy. The large porch leads into the open kitchen, dining room and living room areas, all overlooking the Atlantic Ocean. The main level offers two bedrooms each with a spacious bathroom. Continue upstairs to a family room with a vaulted ceiling leading out to a deck that offers panoramic ocean views. The upstairs features a split floorplan with bedroom/bath suites on each side, both with ocean views. On the west side of the family room, a long room is used as a 5th bedroom and areas of storage. This raised beach home offers a spacious outdoor shower and a storage room for all beach and barbeque supplies. This well maintained oceanfront home is being sold fully furnished, ready for rentals or the perfect place to call home! It is not currently on the rental market, however offers excellent rental potential. Short drive to dining, shopping, golf and intra-coastal waterway access. A rare Pawleys oceanfront location, come see for yourself!

Last Agent to Sell the Property

The Roper Group

Peace Sotheby's Intl Realty PI Listed on: 12/05/2022

Peace Sotheby's Intl Realty PI

Co-Listed By

Jane Chapman

Peace Sotheby's Intl Realty PI License #106812

Last Buyer's Agent

Marilyn Nolan

Realty ONE Group DocksideSouth

Realty ONE Group DocksideSouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,616

Year Built

  • Built in 1991

Lot Details

  • 0.36 Acre Lot
  • Ocean Front
  • Cul-De-Sac
  • Rectangular Lot

Parking

  • Tuck Under Parking
  • RV or Boat Parking

Home Design

  • Stilt Home
  • Bi-Level Home
  • Raised Foundation
  • Wallpaper
  • Wood Frame Construction

Interior Spaces

  • 2,296 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Living Room with Fireplace
  • Family or Dining Combination
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms
  • Shower Only

Outdoor Features

  • Balcony
  • Deck
  • Front Porch

Location

  • Flood Zone Lot
  • Island Location
  • East of US 17

Schools

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

Utilities

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

Community Details

  • The community has rules related to allowable golf cart usage in the community

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,616

Year Built

Built in 1991

Lot Details

0

Parking

5

Listing Details

  • Lot Description: Rectangular, Cul-De-Sac, Designated Flood Zone
  • Four Sided Lot Measurement: 80 x 199 x 81 x 188
  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 1991
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Vaulted/Cathedral Ceiling, Ceiling Fan
  • Floor Cover: Vinyl, Wood, Carpeting
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Living Room Type: Fireplace
  • Lvt Date: 12/05/2022
  • Sold Total Heated Sq Ft: 2296
  • Sold Total Sq Ft: 4432
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 5
  • Total Heated Sq Ft: 2296
  • Geo Subdivision: SC
  • Section Subdivision: Kimball-Pearce
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1991

Interior Features

  • Bedroom 1: 16 x 13.5
  • Bedroom 2: 12.5 x 12
  • Bedroom 3: 13 x 14
  • Dining Room: 16x14
  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Wshr/Dryer Connection, Washer/Dryer, Skylights, Furnished, Fireplace
  • Kitchen: 14 x 12
  • Living Room: 16x14.5
  • Master Bedroom: 13.5 x 12
  • Primary Bathroom: Shower, Wallpaper/Covering
  • Kitchen Type: Range, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Pantry, Ceiling Fan
  • Master Bedroom Type: Ceiling Fan, 1st Flr Level
  • Bedrooms: 5
  • Dining Room Type: Fam/Dr Combo
  • Full Bathrooms: 4
  • Levels: Two-Story
  • Total Sq Ft: 4432

Exterior Features

  • Exterior Features: Deck, Balcony, Front Porch, Boat Parking, Outside Storage Attached
  • Exterior Finish: Wood Frame
  • Foundation: Raised Beach
  • Number Of Acres: 0.36

Garage/Parking

  • Type: Detached

Utilities

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

Schools

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

Lot Info

  • Lot Location: Oceanfront Lot, Inside City Limits, East Of Bus 17, Island, East Of Highway 17 Bypass
  • 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

Listed on
Dec 5, 2022
Closed on
Jan 20, 2023
Sold by
Pacheco Emily Christine Ferlin
Bought by
Shabby Chic Shack Llc
Seller's Agent
The Roper Group
Peace Sotheby's Intl Realty PI
Buyer's Agent
Marilyn Nolan
Realty ONE Group DocksideSouth
List Price
$2,100,000
Sold Price
$2,050,000
Premium/Discount to List
-$50,000
-2.38%
Views
68
Current Estimated Value
$2,381,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,158
Avg. Annual Appreciation
5.60%
Original Mortgage
$1,420,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 5, 2022
Closed on
Jan 6, 2023
Sold by
Herndon Karen Elizabeth
Bought by
Pacheco Emily Christine
Seller's Agent
The Roper Group
Peace Sotheby's Intl Realty PI
Buyer's Agent
Marilyn Nolan
Realty ONE Group DocksideSouth
List Price
$2,100,000
Sold Price
$2,050,000
Premium/Discount to List
-$50,000
-2.38%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,420,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2022
Sold by
Mcfarland Christine M
Bought by
Herndon Karen Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,496,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2018
Sold by
Mcfarland Christine M and Moser Daniel B
Bought by
Mcfarland Christine M and Moser Daniel B

Purchase Details

Closed on
Mar 31, 2017
Sold by
Anderson Lyn M
Bought by
Summerville Lillian P

Purchase Details

Closed on
Oct 14, 2014
Sold by
Anderson Lyn M and Moser Daniel B
Bought by
Mama C Llc

Purchase Details

Closed on
Aug 21, 2014
Sold by
Pearson Mary Lou W
Bought by
Pearson Charles W and Summerville Lillian P

Purchase Details

Closed on
Jun 20, 2000
Sold by
Moser Mary Catherine Pearson
Bought by
Moser Daniel B
Source: Public Records

Range of Values:

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Average Value
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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
Shabby Chic Shack Llc -- None Listed On Document
Pacheco Emily Christine $2,050,000 --
Herndon Karen Elizabeth $1,870,000 None Listed On Document
Mcfarland Christine M -- None Available
Summerville Lillian P $133,250 --
Anderson Lyn M -- --
Mama C Llc -- --
Mama C Llc -- --
Pearson Charles W -- --
Moser Daniel B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pacheco Emily Christine $1,420,000
Previous Owner Herndon Karen Elizabeth $1,496,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2023 01/23/23 Sold $2,050,000 -2.4% $893 / Sq Ft
12/05/2022 12/05/22 For Sale $2,100,000 -- $915 / 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 $27,616 $113,420 $67,200 $46,220
2023 $27,616 $112,630 $72,000 $40,630
2022 $16,848 $71,960 $57,000 $14,960
2021 $16,322 $0 $0 $0
2020 $16,301 $0 $0 $0
2019 $16,270 $0 $0 $0
2018 $16,339 $0 $0 $0
2017 $15,194 $72,180 $0 $0
2016 $15,100 $72,180 $0 $0
2015 $15,386 $0 $0 $0
2014 $15,386 $1,271,500 $1,069,300 $202,200
2012 -- $1,271,500 $1,069,300 $202,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2226093

Coastal Carolinas Association of REALTORS®

APN: 42-0163-126-00-00