W
Seller's Agent in 2020
Walter McElveen
Pawleys Island Realty Co
480 Myrtle Ave Unit Pawleys Historic Dis Pawleys Island, SC 29585
Estimated Value: $6,185,847
5
Beds
3.5
Baths
2,116
Sq Ft
$2,923/Sq Ft
Est. Value
Highlights
- Ocean Front
- 1.3 Acre Lot
- Deck
- Waccamaw Elementary School Rated A-
- Island Location
- Recreation Room
About This Home
As of September 2020Once in a lifetime opportunity! The largest ocean frontage lot on Pawleys Island is now for sale. This unique estate is in the Historic District of Pawleys Island. SC. An all wood, 5-bedroom cottage built in 1938 by the original owner’s great grandparents, rests on top of a dune facing the ocean with sweeping views. A great porch overlooks the 180 feet of ocean frontage and over 1.3 acres of high dunes and ocean oaks. Surviving well the years and storms due to excellent construction and dune protection. Hidden from the road by seaside oaks, the home has an air of privacy, tranquility and solitude. There are two backdoor entrances with decks and built in seating. Inside, the all wooden walls tell stories of the love and memories spent in the home throughout the many years. The cottage includes a separate dining room, playroom and second floor dormitory style bedroom with bath. The large outside shower has a private changing area. Due to the age of home, it is selling “as is where is “. Every inspection is welcome. The lot qualifies for subdivision into 3 oceanfront lots. This location is the best Pawleys has to offer. Sprawling across some of the highest dunes and best vistas of the middle of the Island, enjoy a true chance to live the good ole days of SC beach life. This estate accurately presents the arrogantly shabby charm that Pawleys Island has made famous. Serious inquiries only. Have your agent arrange for your private showing soon! See Plat in Additional Documents
Last Agent to Sell the Property
Walter McElveen
Pawleys Island Realty Co License #19357 Listed on: 01/09/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $55,215
Year Built
- Built in 1938
Lot Details
- 1.3 Acre Lot
- Property fronts a marsh
- Ocean Front
- Rectangular Lot
Parking
- Tuck Under Parking
Home Design
- Stilt Home
- Bi-Level Home
- Raised Foundation
Interior Spaces
- 2,116 Sq Ft Home
- Furnished
- Ceiling Fan
- Living Room with Fireplace
- Formal Dining Room
- Recreation Room
- Screened Porch
- Ocean Views
- Range
- Washer and Dryer
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
Outdoor Features
- Deck
Location
- Flood Zone Lot
- Island Location
- East of US 17
Schools
- Waccamaw Elementary School
- Waccamaw Middle School
- Waccamaw High School
Utilities
- Cooling System Mounted To A Wall/Window
- Space Heater
- Underground Utilities
- Water Heater
- Phone Available
- Cable TV Available
Community Details
- The community has rules related to allowable golf cart usage in the community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2020
Closed on
Sep 2, 2020
Sold by
Boyd William C and The William Cf Boyd Family Tru
Bought by
492 Myrtle Avenue Llc
Seller's Agent
Walter McElveen
Pawleys Island Realty Co
Buyer's Agent
Lee Hewitt
Garden City Realty, Inc
List Price
$4,700,000
Sold Price
$4,150,000
Premium/Discount to List
-$550,000
-11.7%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,035,847
Avg. Annual Appreciation
6.85%
Original Mortgage
$3,985,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Oct 30, 2013
Sold by
Pringle John J
Bought by
Boyd William C and Will Of Evelyn Pringle Boyd
Purchase Details
Closed on
Dec 27, 2012
Sold by
Ellerbe Caroline Robinson
Bought by
Ellerbe Frank R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 492 Myrtle Avenue Llc | $4,150,000 | None Available | |
| Boyd William C | $89,392 | -- | |
| Boyd William C | $89,392 | -- | |
| Read Ellen Pringle | -- | -- | |
| Ellerbe Frank R | -- | -- | |
| Ellerbe David Mason | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | 492 Myrtle Avenue Llc | $3,985,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2020 09/03/20 | Sold | $4,150,000 | -11.7% | $1,961 / Sq Ft |
| 01/09/2020 01/09/20 | For Sale | $4,700,000 | -- | $2,221 / Sq Ft |
Source: Coastal Carolinas Association of REALTORS®
Tax History Compared to Growth
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 | $55,215 | $225,370 | $210,000 | $15,370 |
| 2023 | $55,215 | $225,370 | $210,000 | $15,370 |
| 2022 | $52,668 | $225,370 | $210,000 | $15,370 |
| 2021 | $51,023 | $0 | $0 | $0 |
| 2020 | $30,454 | $0 | $0 | $0 |
| 2019 | $26,359 | $0 | $0 | $0 |
| 2018 | $26,470 | $0 | $0 | $0 |
| 2017 | $24,641 | $0 | $0 | $0 |
| 2016 | $24,489 | $117,060 | $0 | $0 |
| 2015 | $26,927 | $0 | $0 | $0 |
| 2014 | $26,927 | $2,228,000 | $2,115,000 | $113,000 |
| 2012 | -- | $2,228,000 | $2,115,000 | $113,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Lee Hewitt
Buyer's Agent in 2020
Lee Hewitt
Garden City Realty, Inc
(843) 241-5222
2 in this area
13 Total Sales
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2000848
APN: 42-0172-031-00-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.
Nearby Homes
- 472 Myrtle Ave Unit And 470 Myrtle Ave.
- 496 Myrtle Ave Unit Ocean / Creek Front
- 129 Stamper Trail Unit 55 ACL Trail
- 514 Blockade Dr
- 48 Seagrass Ct
- 54 Mullet Bay Rd Unit Lot 11 Marsh Pointe
- 68 Mud Minnow Dr Unit Lot 6 Marsh Pointe
- 22 Mud Minnow Dr Unit Lot 2 Marsh Pointe
- 710 Masters Dr
- TBD Mud Minnow Dr Unit Lot 5 Marsh Pointe
- 141 Twelve Oaks Dr Unit 5
- 161 Twelve Oaks Dr
- 153 Watson Way
- 538 S Causeway Rd
- 284 Crane Dr
- 48 Twelve Oaks Dr Unit 48-1
- 48 Twelve Oaks Dr Unit 2
- 48 12 Oaks Dr Unit 3
- 151 Safe Harbor Ave
- 251 Egret Run Ln Unit 1122
- 468 Myrtle Ave
- 466 Myrtle Ave
- 464 Myrtle Ave
- 0 Myrtle Ave Unit 1517509
- 0 Myrtle Ave Unit 1712795
- 0 Myrtle Ave Unit 1801276
- 492 Myrtle Ave
- 460 Myrtle Ave
- 452 Myrtle Ave
- 450 Myrtle Ave Unit Historic District -
- 450 Myrtle Ave
- 500 Myrtle Ave Unit Historic District
- 448 Myrtle Ave
- 506 Myrtle Ave
- 510 Myrtle Ave
- 444 Myrtle Ave
- 442 Myrtle Ave Unit Historic District of
- 520 Myrtle Ave
- 294 Myrtle Ave
- 2414 Myrtle Ave