NOT LISTED FOR SALE

402 Myrtle Ave Pawleys Island, SC 29585

Estimated Value: $2,745,000 - $3,531,000

5 Beds
4.5 Baths
3,820 Sq Ft
$838/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $3,494,150 $915 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $20,158/month

15 Days on Market

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Private Beach
  • Waccamaw Elementary School Rated A-
  • Boat Dock
  • RV or Boat Parking

About This Home

As of June 2024

Imagine waking up to the sounds of the ocean just outside your door. Or enjoying a cool beverage watching the evening sunset over the Pawleys Island creek. This is the beauty of 402 Myrtle Avenue. This home sits on one of the highest points in Pawleys Island making it a safe haven from storms. Porches on the front and rear of home provide ocean and creek views. Inside you will find an open concept, large family living space for entertaining all your family and friends. Newly installed stainless steel appliances compliment the chef in the family ready to serve anyone at the breakfast bar with 4 seats or long dining room table that seats 14. Built-in buffet serving space makes family get-togethers easy to plan. Living room has three cozy sofas with reclining end seats. TV is mounted over the new gas log fireplace. Screened porch with picnic table just outside the family room and also an open air porch. Boardwalk leading to the ocean has a shower for sandy feet, and a seating area with a flagpole for close views of the beach and ocean. A doggy boardwalk is off the open porch and leads down to a fenced-in area underneath the porch. Also located on the first floor is a bedroom with views of the marsh and creek, full bathroom, laundry room with Maytag washer and dryer and double utility sink, two 50 gallon hot water tanks, and a half bath. There is an elevator that opens on all three levels. Stairs lead underneath the house. Another set of stairs takes you upstairs to four more generously sized bedrooms. A loft area with sofa and table can be used for office space or extra sleeping space. One upstairs bedroom has French doors leading out to a porch overlooking the creek and marsh. Two more bedrooms have built-in sleeping spaces in the dormer in addition to the beds already in the rooms. Plenty of closet space for storage. The master bedroom overlooks the ocean and has its own private porch for enjoying the cool ocean breezes. The master bath has a walk-in closet and another closet. Also in the master bath are a double vanity, linen cabinet, separate whirlpool tub, and stand alone shower. Underneath the house on the ground level, are two enclosed showers, toilet and fish sink. Three storage closets are also on the ground level as well as an extra refrigerator to store extra drinks and food. Elevator access on the ground level is very helpful for getting not only your loved ones, but also your grocery haul upstairs. The boardwalk to the beach is wheelchair accessible from the ground level. Take a walk across the street to the newly constructed, private dock and enjoy the relaxing views of Pawleys creek. You might even see friends riding by in a jon boat fishing or just cruising along. This home is located in the historic district of Pawleys Island and is perfectly situated along the annual 4th of July parade route. Pawleys Island is home to many award winning golf courses, fine and casual dining, shops and boutiques, art galleries and river access. Myrtle Beach is 30 miles to the north. Charleston is 60 miles to the south. Take advantage of this once-in-a-lifetime opportunity to be able to purchase a spacious, strong, beautiful oceanfront home along the South Carolina coast. Call us today to come visit this home and begin enjoying your life in Pawleys Island, SC.

Last Agent to Sell the Property

Kat Loftus

Peace Sotheby's Intl Realty PI License #93118 Listed on: 04/15/2024

Peace Sotheby's Intl Realty PI

Last Buyer's Agent

Randal Longo

Isave Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,184

Year Built

  • Built in 2001

Lot Details

  • 0.26 Acre Lot
  • Property fronts a marsh
  • Ocean Front
  • Private Beach
  • Rectangular Lot

Parking

  • Tuck Under Parking
  • RV or Boat Parking

Property Views

  • Ocean
  • Creek or Stream

Home Design

  • Stilt Home
  • Bi-Level Home
  • Raised Foundation
  • Wood Frame Construction
  • Concrete Siding
  • Tile

Interior Spaces

  • 3,820 Sq Ft Home
  • Central Vacuum
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Open Floorplan
  • Screened Porch

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom faces the ocean
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Shower Only
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Creek On Lot
  • Balcony
  • Deck

Location

  • Island Location
  • East of US 17

Schools

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

Utilities

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

Community Details

Recreation

  • Boat Dock

Additional Features

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,184

Year Built

Built in 2001

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Seller Disclosure, 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, Private Beach Comm Access, Boat Dock
  • Estimated Year Built: 2001
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan, Fireplace
  • Floor Cover: Tile, Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat, Geothermal
  • Living Room Type: Ceiling Fan, Fireplace
  • Lvt Date: 04/15/2024
  • Sold Total Heated Sq Ft: 3820
  • Sold Total Sq Ft: 7349
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 3820
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Central Vacuum, Water Purifier, Security System, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Furnished
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Laundry/Utility, Screened Porch
  • Primary Bathroom: Double Sink, Garden Tub, Shower, Whirlpool Tub
  • Kitchen Type: Breakfast Bar, Double Oven, Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Refrigerator, Range, Stainless Steel Apps., Work Island
  • Master Bedroom Type: Ceiling Fan, Oceanfront Master Bedroom, Sitting Area, Walk-In Closet
  • Bedrooms: 5
  • Dining Room Type: Fam/Dr Combo, Kit/Dr Combo
  • Formal Dining: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 7349

Exterior Features

  • Exterior Features: Deck, Balcony, Front Porch, Rear Porch, Lawn Sprinkler, Boat Parking, Outside Storage Attached, Storm Doors, Storm Windows, Boat Dock, Handicap Access, Elevator-Exterior
  • Exterior Finish: Concrete Fiber Siding, Wood Frame
  • Foundation: Raised Beach
  • Number Of Acres: 0.26

Garage/Parking

  • Type: Detached

Utilities

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

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, East Of Bus 17, Island, Oceanview Lot, Marsh/Wetlans View, East Of Highway 17 Bypass, Inlet/Creek View
  • 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
Apr 15, 2024
Closed on
Jun 6, 2024
Sold by
Caretta Caretta Llc
Bought by
Lockwood Luther A and Lockwood Jane M
Seller's Agent
Kat Loftus
Peace Sotheby's Intl Realty PI
Buyer's Agent
Randal Longo
Isave Realty
List Price
$3,820,000
Sold Price
$3,494,150
Premium/Discount to List
-$325,850
-8.53%
Views
26
Current Estimated Value
$3,201,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$292,373
Avg. Annual Appreciation
2.25%
Original Mortgage
$999,999
Outstanding Balance
$989,721
Interest Rate
5.95%
Mortgage Type
New Conventional
Estimated Equity
$2,607,826

Purchase Details

Closed on
May 24, 2023
Sold by
Woodltef Cynthia Mcgrady
Bought by
Caretta Caretta Llc

Purchase Details

Closed on
May 23, 2023
Sold by
Mcgrady Woodlief Cynthia
Bought by
Caretta Caretta Llc

Purchase Details

Listed on
Jun 28, 2021
Closed on
Aug 4, 2021
Sold by
Hooks Douglas M and Hooks Sandra K
Bought by
Woodlief Cynthia Mcgrady
Seller's Agent
Mariah Johnson
CB Sea Coast Advantage PI
Buyer's Agent
Kat Loftus
Peace Sotheby's Intl Realty PI
List Price
$2,987,500
Sold Price
$2,800,000
Premium/Discount to List
-$187,500
-6.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%

Purchase Details

Listed on
Apr 3, 2014
Closed on
Sep 17, 2015
Sold by
Seastar Llc
Bought by
Hooks Family Trust and Hooks Sandra K
Seller's Agent
Walter McElveen
Pawleys Island Realty Co
Buyer's Agent
Mark King
Agent Group Realty
List Price
$3,200,000
Sold Price
$2,850,000
Premium/Discount to List
-$350,000
-10.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.30%
Original Mortgage
$2,137,500
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Lockwood Luther A $3,494,150 None Listed On Document
Caretta Caretta Llc -- None Listed On Document
Caretta Caretta Llc -- None Listed On Document
Woodlief Cynthia Mcgrady $2,800,000 None Available
Hooks Family Trust $2,850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lockwood Luther A $999,999
Previous Owner Hooks Family Trust $2,137,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $3,494,150 -8.5% $915 / Sq Ft
04/15/2024 04/15/24 For Sale $3,820,000 +36.4% $1,000 / Sq Ft
08/09/2021 08/09/21 Sold $2,800,000 -6.3% $733 / Sq Ft
06/28/2021 06/28/21 For Sale $2,987,500 +4.8% $782 / Sq Ft
09/30/2015 09/30/15 Sold $2,850,000 -10.9% $746 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
04/03/2014 04/03/14 For Sale $3,200,000 -- $837 / 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 $38,184 $155,800 $84,000 $71,800
2023 $38,184 $155,800 $84,000 $71,800
2022 $36,247 $155,050 $84,000 $71,050
2021 $7,505 $0 $0 $0
2020 $7,485 $0 $0 $0
2019 $8,309 $0 $0 $0
2018 $8,482 $0 $0 $0
2017 $7,835 $0 $0 $0
2016 $7,736 $87,966 $0 $0
2015 $18,887 $0 $0 $0
2014 $18,887 $1,561,700 $940,000 $621,700
2012 -- $1,561,700 $940,000 $621,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2409116

Coastal Carolinas Association of REALTORS®

APN: 42-0171-027-00-00