NOT LISTED FOR SALE

492 Myrtle Ave Pawleys Island, SC 29585

Estimated Value: $1,809,000 - $2,344,000

5 Beds
5 Baths
3,200 Sq Ft
$650/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $1,600,000 $500 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $12,712/month

887 Days on Market

Highlights

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

About This Home

As of April 2023

'Arrogantly Shabby,' Pawleys Island. Known for its shoe-less, carefree, laid back lifestyle. Inventor of the rope hammock swing, connoisseurs of beach-going, inlet fishing, ocean-breeze bike riding, and relaxing kayaking. Nestled on this quiet, quaint island, between the calm creek and the relaxing Atlantic, sits this large, yet cozy, beachfront cottage. From the inlet views atop the crows nest overlooking the creek, to the sites and sounds of the waves crashing from the dune-walkway's gazebo, this home is the epitome of a relaxing beach getaway. Built for family and friends, this home has 5 large bedrooms, each with their own private bathroom. I like to say this home is split between 3 living quarters. On the ground level, you are met with a living room and two bedrooms, with plenty of beds to sleep (Think space for the kids.) On the Second floor sits the large kitchen / dining room combo, among two more private bedrooms. Through the walkway connector, you enter into the 'Master Suite', a bonus addition to the house that faces the ocean, hosting a large living room, and steps that lead up to the Master Bedroom, overlooking the Atlantic Ocean AND Pawleys Creek. This cozy cottage is tied together by a walkway that wraps around the home, and connects to the white-sands of Pawleys Island Beach. This property boasts healthy dunes, and lots of beachfront, as a result of the very recent 'Beach Re-nourishment Project.' Come see for yourself what true beach living is all about!

Last Agent to Sell the Property

The Wave Team

Garden City Realty, Inc Listed on: 09/23/2020

Co-Listed By

William Hewitt

Garden City Realty, Inc License #102759

Last Buyer's Agent

AGENT .NON-MLS

ICE Mortgage Technology INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,236

Year Built

  • Built in 1965

Lot Details

  • 1 Acre Lot
  • Property fronts a marsh
  • Ocean Front
  • Private Beach
  • Irregular Lot

Parking

  • Driveway
  • RV or Boat Parking

Home Design

  • Stilt Home
  • Raised Foundation
  • Slab Foundation

Interior Spaces

  • 3,200 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Screened Porch
  • Ocean Views

Kitchen

  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom faces the ocean
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 5 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Balcony

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
  • 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

$20,236

Year Built

Built in 1965

Lot Details

0

Parking

8

Listing Details

  • Lot Description: Irregular, Designated Flood Zone
  • 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, Private Beach Comm Access
  • Estimated Year Built: 1965
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Wet Bar, Vaulted/Cathedral Ceiling, Ceiling Fan, Beam
  • Floor Cover: Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Great Family Room: 18' x 17'
  • Heating And Cooling: Central Heat, Central Air
  • Living Room Type: Bar, Vaulted/Cathedral Ceiling, Ceiling Fan
  • Lvt Date: 09/23/2020
  • Sold Total Heated Sq Ft: 3200
  • Sold Total Sq Ft: 3900
  • Style: Raised Beach
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 8
  • Total Heated Sq Ft: 3200
  • Geo Subdivision: SC
  • Ground Floor Heated Sq Ft: 1045
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Bedroom 1: 17' x 10'
  • Bedroom 2: 21' x 11'
  • Bedroom 3: 20' x 11'
  • Dining Room: 18' x 17'
  • Interior Amenities: Security System, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Split Bedroom Plan
  • Kitchen: 9' x 15'
  • Living Room: 21' x 22'
  • Master Bedroom: 22' x 21'
  • Other Rooms: Carolina Room, 1st Floor Bedrooms, 1st Floor Baths, Laundry/Utility, Screened Porch, Bonus Room, Mother In Law Suite
  • Primary Bathroom: Garden Tub, Vaulted/Cathedral Ceiling
  • Kitchen Type: Range, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Ceiling Fan, Freezer, Range Hood, Stainless Steel Apps.
  • Master Bedroom Type: Vaulted/Cath. Ceiling, Oceanfront Master Bedroom
  • Bedrooms: 5
  • Dining Room Type: Kit/Dr Combo, Ceiling Fan, Vaulted/Cathedral Ceiling
  • Full Bathrooms: 5
  • Levels: Three Or More
  • Total Sq Ft: 3900

Exterior Features

  • Exterior Features: Balcony, Front Porch, Rear Porch, Boat Parking
  • Foundation: Slab, Raised Beach
  • Number Of Acres: 1

Garage/Parking

  • Type: Detached

Utilities

  • Utilities Available: Electricity, Water Public, Sewer, Cable Tv, 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, Oceanview Lot, Marsh/Wetlans View, 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
Sep 23, 2020
Closed on
Mar 29, 2023
Sold by
492 Myrtle Avenue Llc
Bought by
Ty Pawleys Llc
Seller's Agent
The Wave Team
Garden City Realty, Inc
Buyer's Agent
AGENT .NON-MLS
ICE Mortgage Technology INC
List Price
$2,150,000
Sold Price
$1,600,000
Premium/Discount to List
-$550,000
-25.58%
Views
278
Current Estimated Value
$2,079,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,600
Avg. Annual Appreciation
8.96%
Original Mortgage
$1,380,000
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 6, 2002
Sold by
492 Myrtle Avenue Llc
Bought by
Finlay Mary F and Finlay Kirkman
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
Ty Pawleys Llc $1,600,000 --
Finlay Mary F $750,072 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ty Pawleys Llc $1,380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $1,600,000 -19.8% $500 / Sq Ft
07/20/2021 07/20/21 Price Changed $1,995,000 -2.7% $623 / Sq Ft
04/29/2021 04/29/21 Price Changed $2,050,000 -4.7% $641 / Sq Ft
09/23/2020 09/23/20 For Sale $2,150,000 -- $672 / 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 $20,236 $80,160 $58,800 $21,360
2023 $20,236 $80,160 $58,800 $21,360
2022 $18,761 $80,160 $58,800 $21,360
2021 $18,220 $0 $0 $0
2020 $18,196 $0 $0 $0
2019 $17,420 $0 $0 $0
2018 $17,495 $0 $0 $0
2017 $16,230 $0 $0 $0
2016 $16,129 $77,100 $0 $0
2015 $16,462 $0 $0 $0
2014 $16,462 $1,357,000 $881,300 $475,700
2012 -- $1,357,000 $881,300 $475,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2020292

Coastal Carolinas Association of REALTORS®

APN: 42-0173-010-01-00