NOT LISTED FOR SALE

510 Myrtle Ave Pawleys Island, SC 29585

Estimated Value: $3,810,694

4 Beds
4 Baths
1,932 Sq Ft
$1,972/Sq Ft Est. Value

Last Sold February 02, 2015

Last sale price $2,000,000 $1,035 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $21,867/month

982 Days on Market

Highlights

  • Ocean Front
  • Boat Dock
  • Deck
  • Waccamaw Elementary School Rated A-
  • Island Location
  • Creek On Lot

About This Home

As of February 2015

Private, secluded and sublime. Oceanfront with creek middle of The Island, one of the prettiest lots on Pawleys Island. One hundred feet of oceanfront, feels like a private beach. Gorgeous, old water oaks encompass the property and ensure privacy. The house has hard wood floors in all main living areas and bedrooms. Kitchen is fresh, spacious and well equipped for a crowd of beach lovers. Living areas have seamless flow. Screened porch leads to the oceanfront gazbo, sitting high on a very large dune, views to forever. Creekfront too, with a large dock. This lot is sub-dividable. Same owners since 1961, significant properties such as this are rare. Sold furnished with list of exclusions in office. Buyer to verify all measurements. Buyer to honor all rentals. New survey/plat available, copy on file. Call office to schedule showings.

Last Agent to Sell the Property

Ashley Carter

Pawleys Island Realty Co License #5630 Listed on: 01/31/2012

Last Buyer's Agent

Ashley Carter

Pawleys Island Realty Co License #5630 Listed on: 01/31/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,643

Year Built

  • Built in 1957

Lot Details

  • Ocean Front
  • Rectangular Lot

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 1,932 Sq Ft Home
  • Screened Porch
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Creek On Lot
  • Deck

Location

  • Flood Zone Lot
  • Island Location

Schools

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

Utilities

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

Community Details

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,643

Year Built

Built in 1957

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Designated Flood Zone, Rectangular
  • Estimated Year Built: 1957
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Tile, Vinyl, Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat
  • Sold Total Heated Sq Ft: 1932
  • Sold Total Sq Ft: 2902
  • Style: Raised Beach
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 1932
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Other Rooms: Screened Porch
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Levels: Two-Story
  • Total Sq Ft: 2902

Exterior Features

  • Exterior Features: Deck, Front Porch, Rear Porch, Outside Storage Attached, Boat Dock
  • Foundation: Raised Beach

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, Island
  • Zoning: R

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 31, 2012
Closed on
Jan 30, 2015
Sold by
Lott G Duncan and Holford Martha Lott
Bought by
510 Myrtle Llc
Seller's Agent
Ashley Carter
Pawleys Island Realty Co
Buyer's Agent
Ashley Carter
Pawleys Island Realty Co
List Price
$2,900,000
Sold Price
$2,000,000
Premium/Discount to List
-$900,000
-31.03%
Total Days on Market
982
Current Estimated Value
$3,810,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,810,694
Avg. Annual Appreciation
6.36%
Original Mortgage
$1,200,000
Outstanding Balance
$917,685
Interest Rate
3.24%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,881,703
Source: Public Records

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Range of Values:

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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
510 Myrtle Llc $2,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 510 Myrtle Llc $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2015 02/02/15 Sold $2,000,000 -31.0% $1,035 / Sq Ft
10/09/2014 10/09/14 Pending -- -- --
01/31/2012 01/31/12 For Sale $2,900,000 -- $1,501 / 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 $8,643 $68,850 $52,000 $16,850
2023 $8,643 $68,850 $52,000 $16,850
2022 $7,920 $68,850 $52,000 $16,850
2021 $7,659 $0 $0 $0
2020 $7,638 $0 $0 $0
2019 $7,038 $0 $0 $0
2018 $20,248 $0 $0 $0
2017 $18,839 $0 $0 $0
2016 $18,723 $83,226 $0 $0
2015 $17,806 $0 $0 $0
2014 $17,806 $1,472,100 $1,292,500 $179,600
2012 -- $1,472,100 $1,292,500 $179,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1201936

Coastal Carolinas Association of REALTORS®

APN: 42-0173-017-00-00