492 Myrtle Ave Pawleys Island, SC 29585
Estimated Value: $1,705,000 - $2,343,000
5
Beds
5
Baths
3,200
Sq Ft
$619/Sq Ft
Est. Value
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 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
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%
Total Days on Market
887
Views
278
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
$379,621
Avg. Annual Appreciation
8.95%
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
Similar Homes in Pawleys Island, SC
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Home Values in the Area
Average Home Value in this Area
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 | |
| Previous Owner | 492 Myrtle Llc | $3,985,000 | |
| Previous Owner | 492 Myrtle Avenue Llc | $588,237 | |
| Previous Owner | 492 Myrtle Avenue Llc | $1,000,000 | |
| Previous Owner | 492 Myrtle Avenue Llc | $1,615,000 | |
| Previous Owner | 492 Myrtle Avenue Llc | $625,000 |
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
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
-
The Wave Team
T
Seller's Agent in 2023
The Wave Team
Garden City Realty, Inc
(843) 318-2432
1 in this area
20 Total Sales
-
William Hewitt
Seller Co-Listing Agent in 2023
William Hewitt
Garden City Realty, Inc
(866) 427-7253
3 in this area
27 Total Sales
-
A
Buyer's Agent in 2023
AGENT .NON-MLS
ICE Mortgage Technology INC
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2020292
APN: 42-0173-010-01-00
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.
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