NOT LISTED FOR SALE

261 Atlantic Ave Unit The North C's II Pawleys Island, SC 29585

Estimated Value: $1,380,000 - $2,069,451

7 Beds
4 Baths
4,056 Sq Ft
$408/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $1,300,000 $321 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $10,092/month

321 Days on Market

Highlights

  • Ocean View
  • Island Location
  • Elevator
  • Waccamaw Elementary School Rated A-
  • Furnished
  • Double Oven

About This Home

As of January 2024

This is a unique Pawleys Island offering! Great location steps to the beach via Pierce Street beach access! Currently set up as three apartments, top floor consists of a 3 bedroom/2 bath apartment with access from a private elevator and stairs, and the first floor has two 2 bedroom/1 bath apartments. This property could easily be converted into one large residence or continue as a permanent residence on the top floor with weekly or monthly rental income from the 2 apartments on a very large lot! Wonderful porches and decks with peeps of the Atlantic and creek sunsets! Top floor apartment is being sold furnished (with a list of exceptions) and has hardwood floors, large kitchen, family and dining room combination, primary bedroom with private bath, two additional bedrooms and a large Carolina Room overlooking the back yard. Room for a pool, space for entertaining and is the perfect place to enjoy the famed Pawleys Island 4th of July parade! The two first floor apartments are being sold unfurnished. Plenty of parking and underneath the home is open and perfect for entertaining! Ask your real estate agent for the impressive Rental Projection numbers. All measurements are estimates and should be verified by prospective buyers if needed.

Last Agent to Sell the Property

Nancy Siau

The Litchfield Company Real Estate License #61855 Listed on: 01/09/2023

The Litchfield Company Real Estate

Last Buyer's Agent

Taylor Keenan

The Litchfield Company Real Estate License #116640

The Litchfield Company Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,992

Year Built

  • Built in 1986

Lot Details

  • 8,712 Sq Ft Lot
  • Rectangular Lot

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Bi-Level Home
  • Raised Foundation
  • Siding

Interior Spaces

  • 4,056 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Ocean Views
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms
  • Shower Only

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
  • Water Heater

Community Details

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,992

Year Built

Built in 1986

Lot Details

0

Parking

8

Listing Details

  • Lot Description: Rectangular, Designated Flood Zone
  • Four Sided Lot Measurement: 80X110X82X110
  • Estimated Year Built: 1986
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Vinyl, Wood, Carpeting
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air
  • Living Room Type: Fireplace, Ceiling Fan
  • Lvt Date: 01/10/2023
  • Sold Total Heated Sq Ft: 4056
  • Sold Total Sq Ft: 8390
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 8
  • Total Heated Sq Ft: 4056
  • Geo Subdivision: SC
  • Section Subdivision: Kimball-Pearce
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Wshr/Dryer Connection, Washer/Dryer, Split Bedroom Plan, Furnished, Fireplace
  • Other Rooms: Carolina Room
  • Primary Bathroom: Shower
  • Kitchen Type: Range, Dishwasher, Refrigerator, Breakfast Bar, Double Oven
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 7
  • Full Bathrooms: 4
  • Levels: Two-Story
  • Total Sq Ft: 8390

Exterior Features

  • Exterior Features: Elevator-Exterior
  • Exterior Finish: Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.2

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Location: Inside City Limits, East Of Bus 17, Island, Oceanview Lot
  • 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
Jan 9, 2023
Closed on
Jan 19, 2024
Sold by
Cribb Arline Porter
Bought by
Cribb Ernest
Seller's Agent
Nancy Siau
The Litchfield Company Real Estate
Buyer's Agent
Taylor Keenan
The Litchfield Company Real Estate
List Price
$1,950,000
Sold Price
$1,300,000
Premium/Discount to List
-$650,000
-33.33%
Views
597
Current Estimated Value
$1,656,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,863
Avg. Annual Appreciation
15.24%

Purchase Details

Closed on
Nov 21, 2008
Sold by
261 Atlantic Ave Llc
Bought by
Cribb Arline P

Purchase Details

Closed on
Dec 27, 2007
Sold by
Cribb Arline P
Bought by
261 Atlantic Ave Llc
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
Cribb Ernest $1,300,000 None Listed On Document
Cribb Arline P -- --
261 Atlantic Ave Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2024 01/23/24 Off Market $1,300,000 -- --
01/19/2024 01/19/24 Sold $1,300,000 -17.5% $321 / Sq Ft
09/10/2023 09/10/23 Price Changed $1,575,000 -6.0% $388 / Sq Ft
07/20/2023 07/20/23 Price Changed $1,675,000 -6.4% $413 / Sq Ft
06/22/2023 06/22/23 Price Changed $1,790,000 -5.3% $441 / Sq Ft
05/10/2023 05/10/23 Price Changed $1,890,000 -3.1% $466 / Sq Ft
01/09/2023 01/09/23 For Sale $1,950,000 -- $481 / 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 $15,992 $62,960 $39,000 $23,960
2023 $15,992 $62,960 $39,000 $23,960
2022 $9,014 $51,110 $32,500 $18,610
2021 $8,732 $0 $0 $0
2020 $8,717 $0 $0 $0
2019 $11,143 $0 $0 $0
2018 $11,242 $0 $0 $0
2017 $10,343 $0 $0 $0
2016 $10,262 $64,883 $0 $0
2015 $9,941 $0 $0 $0
2014 $9,941 $1,323,400 $945,000 $378,400
2012 -- $1,323,400 $945,000 $378,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2300571

Coastal Carolinas Association of REALTORS®

APN: 42-0163-070-01-00