NOT LISTED FOR SALE

554 Myrtle Ave Pawleys Island, SC 29585

Estimated Value: $2,448,567

4 Beds
2 Baths
2,156 Sq Ft
$1,136/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $1,700,000 $788 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $14,893/month

448 Days on Market

Highlights

  • Ocean Front
  • Boat Dock
  • Island Location
  • Waccamaw Elementary School Rated A-
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom

About This Home

As of November 2020

High up the dunes and overlooking the Atlantic Ocean and Pawleys creek sits this classic beach house with all the charm and simplicity of days of old and character of the island. Large porches on multiple sides provide a peaceful setting for morning coffee, afternoon naps, sunrises and sunsets. You get the best of both, ocean and creek with a traditional Pawleys Island covered dock on the creek side. There is a large deck with seating leading the way down to the beach walk. There are 2 bedrooms and a bathroom on the main floor and 2 bedrooms and a large bathroom on the top floor with a deck off of the master bedroom. Off the street parking and a three car garage offer plenty of storage.

Last Agent to Sell the Property

Perry Peace

Peace Sotheby's Intl Realty PI License #22582 Listed on: 04/08/2020

Peace Sotheby's Intl Realty PI

Last Buyer's Agent

Scott Ferguson

Pawleys Island Realty Co License #61721

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,930

Year Built

  • Built in 1979

Lot Details

  • 0.36 Acre Lot
  • Property fronts a marsh
  • Ocean Front
  • Irregular Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Stilt Home
  • Bi-Level Home

Interior Spaces

  • 2,156 Sq Ft Home
  • Bar
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Screened Porch

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Shower Combination in Primary Bathroom

Outdoor Features

  • Creek On Lot
  • Deck

Location

  • Flood Zone Lot
  • Island Location
  • East of US 17

Utilities

  • Phone Available
  • Cable TV Available

Community Details

Overview

  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,930

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • Lot Description: Irregular, Designated Flood Zone
  • Amenities Available: Seller Disclosure, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcyle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 1979
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Living Room Type: Bar, Fireplace, Ceiling Fan
  • Lvt Date: 05/08/2019
  • Sold Total Heated Sq Ft: 2156
  • Sold Total Sq Ft: 4692
  • Style: Raised Beach
  • Type Of Parking: Detached 3-Car
  • Vehicle Parking Capacity: 3
  • Total Heated Sq Ft: 2156
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Screened Porch
  • Primary Bathroom: Double Sink, Shower, Tub
  • Master Bedroom Type: Ceiling Fan, Sitting Area, Fireplace
  • Bedrooms: 4
  • Dining Room Type: Area
  • Full Bathrooms: 2
  • Levels: Two-Story
  • Total Sq Ft: 4692

Exterior Features

  • Exterior Features: Deck, Front Porch, Rear Porch, Boat Dock, Back Load Garage
  • Number Of Acres: 0.36

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, On Inlet/Creek, East Of Bus 17, Island, Ocean View Lot, Marsh/Wetlans View
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2020
Closed on
Nov 13, 2020
Sold by
Thompson Cliff
Bought by
White John Rhoades and White Weston Jones
Seller's Agent
Perry Peace
Peace Sotheby's Intl Realty PI
Buyer's Agent
Scott Ferguson
Pawleys Island Realty Co
List Price
$1,750,000
Sold Price
$1,700,000
Premium/Discount to List
-$50,000
-2.86%
Current Estimated Value
$2,448,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$748,567
Avg. Annual Appreciation
7.46%
Original Mortgage
$1,360,000
Outstanding Balance
$1,232,780
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$1,178,410
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
White John Rhoades $1,700,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White John Rhoades $1,360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2020 11/17/20 Sold $1,700,000 -2.9% $788 / Sq Ft
04/30/2020 04/30/20 For Sale $1,750,000 +2.9% $812 / Sq Ft
04/30/2020 04/30/20 Off Market $1,700,000 -- --
02/11/2020 02/11/20 Price Changed $1,750,000 -2.8% $812 / Sq Ft
11/05/2019 11/05/19 Price Changed $1,800,000 -10.0% $835 / Sq Ft
05/08/2019 05/08/19 For Sale $2,000,000 -- $928 / 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 $22,930 $93,490 $72,000 $21,490
2023 $22,930 $93,490 $72,000 $21,490
2022 $21,873 $93,490 $72,000 $21,490
2021 $21,191 $0 $0 $0
2020 $18,963 $0 $0 $0
2019 $18,398 $0 $0 $0
2018 $18,476 $0 $0 $0
2017 $17,187 $0 $0 $0
2016 $17,081 $81,648 $0 $0
2015 $18,786 $0 $0 $0
2014 $18,786 $1,553,300 $1,292,500 $260,800
2012 -- $1,553,300 $1,292,500 $260,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1910279

Coastal Carolinas Association of REALTORS®

APN: 42-0174-071-00-00