Seller's Agent in 2019
Chance Gilmore
Consensus Real Estate
(843) 424-3341
26 Total Sales
514 Blockade Dr Pawleys Island, SC 29585
Estimated Value: $332,190 - $641,000
--
Bed
1
Bath
7,500
Sq Ft
$58/Sq Ft
Est. Value
About This Home
As of February 2019Seller is very motivated! Price has been dramatically reduced to sell quickly! Lowest price per sqft in all of 29585 (other than manufactured homes). Located in Pawleys Island, on a quiet street and hidden behind beautiful live oaks, this property is just a few hundred feet from the inlet and less than .7 miles to the ocean. The current owner has established each unit as a top rated and highly reviewed AirBnB rental with Superhost Status. The current property manager is willing to stay on and help with the transition or stay permanently. Superhost requirements: -Completed at least 10 trips OR successfully completed 3 long term reservations that total at least 100 nights -Maintained a 50% review rate or higher -Maintained a 90% response rate or higher -Zero cancellations, with exceptions made for those that fall under our Extenuating Circumstances policy ***Maintain a 4.8 overall rating*** The property is made up of 2 parcels: one with the main house + 2 additional buildings and the second, a full .3 acre lot that hasn't been built on. There are now a total of 7 individual units on the property (+managers quarters): 1) TreeTop Lodge 2bd/2ba 2) Low Country Cabin 2bd/2/ba 3) Jasmine 1bd/1ba 4) Pelican's Roost 1bd/1ba 5) Crab Shack 1bd/1ba 6) Osprey 1bd/1ba 7) Gone Fishing 1bd/1ba In addition to the 7 units, there are 10+ parking spaces, 2 laundry stations, large workshop, finished manager's quarters and bathroom that is in addition to heated sqft that is listed. Fully furnished The property is zoned GR. Great opportunity! Can be smoothly transitioned to new owner with AirBnB business in place or could be turned into long term rental!
Last Agent to Sell the Property
Consensus Real Estate License #92624 Listed on: 05/21/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,733
Year Built
- Built in 1970
Lot Details
- 1
Home Design
- 7,500 Sq Ft Home
Schools
- Waccamaw Elementary School
- Waccamaw Middle School
- Waccamaw Neck High School
Community Details
- 7 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2018
Closed on
Feb 1, 2019
Sold by
Falcon Properties Llc
Bought by
The Rental House Llc
Seller's Agent
Chance Gilmore
Consensus Real Estate
Buyer's Agent
Beth Patterson
ERA Wilder Realty Inc PI
List Price
$699,000
Sold Price
$550,000
Premium/Discount to List
-$149,000
-21.32%
Total Days on Market
248
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
-$116,452
Avg. Annual Appreciation
-3.68%
Original Mortgage
$295,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jun 30, 2015
Closed on
Sep 17, 2015
Sold by
South State Bank
Bought by
Falcon Properties Llc
Seller's Agent
Sandra Bundy
B & P, Inc.
Buyer's Agent
Dolores Lloyd
Century 21 The Harrelson Group
List Price
$242,000
Sold Price
$244,500
Premium/Discount to List
$2,500
1.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.20%
Original Mortgage
$183,375
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 9, 2014
Sold by
Estate Of Geraldine Spivey Cox and Nation Ii Charles Owen
Bought by
South State Bank and First Federal
Purchase Details
Closed on
Jun 11, 2013
Sold by
Estate Of Robert Ivan Cox Sr and Marlowe Sylvia C
Bought by
Nation Ii Charles and Estate Of Geraldine Spivey Cox
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Rental House Llc | $550,000 | None Available | |
| Falcon Properties Llc | $244,500 | -- | |
| South State Bank | $217,800 | -- | |
| Nation Ii Charles | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patterson James A | $350,000 | |
| Closed | The Rental House Llc | $325,000 | |
| Closed | The Rental House Llc | $295,000 | |
| Previous Owner | Falcon Properties Llc | $183,375 | |
| Previous Owner | Cox Robert I | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/01/2019 02/01/19 | Sold | $550,000 | 0.0% | $73 / Sq Ft |
| 01/17/2019 01/17/19 | Price Changed | $549,900 | -15.3% | $73 / Sq Ft |
| 08/12/2018 08/12/18 | Price Changed | $649,000 | -7.2% | $87 / Sq Ft |
| 05/21/2018 05/21/18 | For Sale | $699,000 | +185.9% | $93 / Sq Ft |
| 09/21/2015 09/21/15 | Sold | $244,500 | +1.0% | $60 / Sq Ft |
| 07/29/2015 07/29/15 | Pending | -- | -- | -- |
| 06/30/2015 06/30/15 | For Sale | $242,000 | -- | $59 / 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 | $1,733 | $6,880 | $4,200 | $2,680 |
| 2023 | $1,733 | $6,880 | $4,200 | $2,680 |
| 2022 | $1,702 | $6,880 | $4,200 | $2,680 |
| 2021 | $950 | $0 | $0 | $0 |
| 2020 | $1,573 | $0 | $0 | $0 |
| 2019 | $877 | $0 | $0 | $0 |
| 2018 | $1,531 | $0 | $0 | $0 |
| 2017 | $821 | $3,450 | $0 | $0 |
| 2016 | $816 | $3,450 | $0 | $0 |
| 2015 | $1,227 | $0 | $0 | $0 |
| 2014 | $1,227 | $50,000 | $50,000 | $0 |
| 2012 | -- | $50,000 | $50,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Chance Gilmore
-
Beth Patterson
Buyer's Agent in 2019
Beth Patterson
ERA Wilder Realty Inc PI
(843) 833-9344
29 in this area
87 Total Sales
-
Sandra Bundy
S
Seller's Agent in 2015
Sandra Bundy
B & P, Inc.
(843) 902-7615
1 in this area
27 Total Sales
-
Dolores Lloyd
D
Buyer's Agent in 2015
Dolores Lloyd
Century 21 The Harrelson Group
(843) 241-9158
1 Total Sale
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 1810973
APN: 04-0170-058-00-00
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.
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