NOT LISTED FOR SALE

540 Norris Dr Unit Second Row-Litchfiel Pawleys Island, SC 29585

Estimated Value: $887,785 - $1,185,000

5 Beds
3 Baths
2,600 Sq Ft
$415/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $615,000 $237 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,810/month

345 Days on Market

Highlights

  • Ocean View
  • Property is near a beach
  • Furnished
  • Waccamaw Elementary School Rated A-
  • Main Floor Bedroom
  • Screened Porch

About This Home

As of June 2020

540 Norris Drive is located on the south end of desirable Litchfield Beach. This second row beach house is located directly across from a beach access, so you don’t even need a golf cart! With easy access to the Atlantic enjoy fun in the sun all day and then relax on the large front porch and enjoy the ocean breeze as the sun goes down. There is plenty of room for good times with friends or family in this 5 bedroom and 3 bath home. Large backyard with room for a pool and screened back porch for enjoying dinners on the picnic table. The living room has a large fireplace to sit around and share stories in cool Fall and Winter nights. The house is the perfect getaway for laughs with friends when you need some salt air therapy! Litchfield Beach is located just a 70 mile drive to historic Charleston, SC or a 25 mile drive to the attractions of Myrtle Beach.

Last Agent to Sell the Property

The Jamie Beard Team

The Litchfield Company RE Listed on: 06/17/2019

The Litchfield Company RE

Co-Listed By

Jamie Beard

The Litchfield Company RE License #2648

Last Buyer's Agent

Kathy Gamble-Brown

RE/MAX Southern Shores License #85651

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,454

Year Built

  • Built in 1971

Lot Details

  • 7,841

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Raised Foundation
  • Siding
  • Tile

Interior Spaces

  • 2,600 Sq Ft Home
  • Furnished
  • Paneling
  • Window Treatments
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Carpet
  • Ocean Views
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Additional Features

  • Property is near a beach
  • 7,841 Sq Ft Lot
  • East of US 17

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,454

Year Built

Built in 1971

Lot Details

0

Parking

4

Listing Details

  • Four Sided Lot Measurement: 60x130x60x130
  • Estimated Year Built: 1971
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Fireplace, Paneling
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat
  • Lvt Date: 06/18/2019
  • Sold Total Heated Sq Ft: 2600
  • Sold Total Sq Ft: 4500
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 2600
  • Geo Subdivision: SC
  • Ground Floor Heated Sq Ft: 384
  • Section Subdivision: Litchfield Beach
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Wshr/Dryer Connection, Furnished, Fireplace
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Screened Porch
  • Kitchen Type: Breakfast Bar, Dishwasher, Microwave, Refrigerator
  • Bedrooms: 5
  • Dining Room Type: Area, Kit/Dr Combo
  • Full Bathrooms: 3
  • Total Sq Ft: 4500

Exterior Features

  • Exterior Features: Front Porch, Rear Porch, Outside Storage Attached
  • Exterior Finish: Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.18

Garage/Parking

  • Type: Detached

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public

Schools

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

Lot Info

  • Lot Location: East Of Bus 17, Oceanview Lot, Second Row Beach
  • 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
Jun 17, 2019
Closed on
Jun 15, 2020
Sold by
Oliver Marguerite and Oliver Marguerite S
Bought by
Hedgpeth Christin B
Seller's Agent
The Jamie Beard Team
The Litchfield Company RE
Buyer's Agent
Kathy Gamble-Brown
RE/MAX Southern Shores
List Price
$699,000
Sold Price
$615,000
Premium/Discount to List
-$84,000
-12.02%
Total Days on Market
345
Current Estimated Value
$1,077,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,946
Avg. Annual Appreciation
11.88%
Original Mortgage
$492,000
Outstanding Balance
$440,906
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$637,040

Purchase Details

Closed on
Jan 2, 2018
Sold by
Estate Of Virginia Bruorton Skinner Iii
Bought by
Oliver Marguerite
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
Hedgpeth Christin B $615,000 None Available
Oliver Marguerite -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedgpeth Christin B $492,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $615,000 -5.4% $237 / Sq Ft
05/01/2020 05/01/20 Price Changed $650,000 -3.6% $250 / Sq Ft
03/02/2020 03/02/20 Price Changed $674,000 -2.9% $259 / Sq Ft
01/09/2020 01/09/20 Price Changed $694,000 -0.7% $267 / Sq Ft
06/17/2019 06/17/19 For Sale $699,000 -- $269 / 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 $9,454 $37,150 $30,000 $7,150
2023 $9,454 $37,150 $30,000 $7,150
2022 $8,771 $37,150 $30,000 $7,150
2021 $8,500 $0 $0 $0
2020 $9,256 $0 $0 $0
2019 $11,520 $0 $0 $0
2018 $3,653 $0 $0 $0
2017 $3,300 $0 $0 $0
2016 $3,258 $33,880 $0 $0
2015 $3,082 $0 $0 $0
2014 $3,082 $825,900 $665,000 $160,900
2012 -- $825,900 $665,000 $160,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1913334

Coastal Carolinas Association of REALTORS®

APN: 04-0146-091-00-00