56 Old Cedar Loop Pawleys Island, SC 29585
Estimated Value: $486,000 - $542,000
3
Beds
2.5
Baths
2,606
Sq Ft
$198/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Private Pool
- Ranch Style House
- Waccamaw Elementary School Rated A-
- 1 Acre Lot
- Bonus Room
About This Home
As of May 2024Being sold as is- Coastal living at its best! single level brick home with 3 bedroom and 2.5 baths Totally renovated with formal dining room, formal living room, and galley kitchen with breakfast nook. All stainless steel appliances and granite counter tops. Also has a bonus/game room that leads to a spacious, fenced back yard with a in-ground pool. House sits on a double lot with and 20x20 storage building and a wood shed. Close to shopping, golf, beaches, and entertainment.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,180
Year Built
- Built in 1972
Lot Details
- 1 Acre Lot
- Fenced
- Rectangular Lot
Parking
- Converted Garage
- Driveway
Home Design
- Ranch Style House
- Slab Foundation
- Four Sided Brick Exterior Elevation
- Tile
Interior Spaces
- 2,606 Sq Ft Home
- Bar
- Ceiling Fan
- Skylights
- Fireplace
- Formal Dining Room
- Bonus Room
- Screened Porch
Kitchen
- Breakfast Area or Nook
- Range with Range Hood
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Shower Only
Laundry
- Laundry Room
- Washer and Dryer
Home Security
- Intercom
- Fire and Smoke Detector
Outdoor Features
- Private Pool
- Wood patio
Schools
- Waccamaw Elementary School
- Waccamaw Middle School
- Waccamaw High School
Utilities
- Central Heating and Cooling System
- Water Heater
- Septic System
- Cable TV Available
Community Details
Overview
- Voluntary home owners association
- Association fees include trash pickup, internet access
- The community has rules related to fencing
Recreation
- Golf Course Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2024
Closed on
Apr 25, 2024
Sold by
Montgomery Dan C and Montgomery Cynthia D
Bought by
Redhead Properties Llc
Seller's Agent
John Powers
Century 21 McAlpine Associates
Buyer's Agent
AGENT .NON-MLS
Fnis Blac Knight MLS Solutions
List Price
$615,000
Sold Price
$490,000
Premium/Discount to List
-$125,000
-20.33%
Total Days on Market
56
Views
123
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
$27,274
Avg. Annual Appreciation
5.35%
Original Mortgage
$459,750
Outstanding Balance
$39,527
Interest Rate
6.87%
Mortgage Type
Construction
Estimated Equity
$477,747
Purchase Details
Listed on
Jan 9, 2012
Closed on
Mar 15, 2012
Sold by
Covington Vera Lee Welch
Bought by
Montgomery Dan C and Montgomery Cynthia D
Seller's Agent
Angie Shoemaker
RE/MAX Executive
Buyer's Agent
Jim Neely
Realty ONE Group Dockside
List Price
$250,000
Sold Price
$210,000
Premium/Discount to List
-$40,000
-16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$110,000
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Oct 20, 2010
Sold by
Estate Of Hubert Bruce Covington and Welch Covington Vera Lee
Bought by
Covington Vera Lee Welch
Create a Home Valuation Report for This Property
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Similar Homes in Pawleys Island, SC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Redhead Properties Llc | $490,000 | None Listed On Document | |
| Montgomery Dan C | $210,000 | -- | |
| Covington Vera Lee Welch | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Redhead Properties Llc | $459,750 | |
| Previous Owner | Montgomery Dan C | $110,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2024 05/02/24 | Sold | $490,000 | -5.8% | $188 / Sq Ft |
| 04/02/2024 04/02/24 | Price Changed | $519,900 | -3.7% | $200 / Sq Ft |
| 03/20/2024 03/20/24 | Price Changed | $539,900 | -5.1% | $207 / Sq Ft |
| 03/06/2024 03/06/24 | Price Changed | $569,000 | -5.2% | $218 / Sq Ft |
| 02/27/2024 02/27/24 | Price Changed | $599,900 | -2.5% | $230 / Sq Ft |
| 02/09/2024 02/09/24 | For Sale | $615,000 | +192.9% | $236 / Sq Ft |
| 03/15/2012 03/15/12 | Sold | $210,000 | -16.0% | $81 / Sq Ft |
| 02/12/2012 02/12/12 | Pending | -- | -- | -- |
| 01/09/2012 01/09/12 | For Sale | $250,000 | -- | $96 / 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 | $1,180 | $10,680 | $2,800 | $7,880 |
| 2023 | $1,180 | $10,680 | $2,800 | $7,880 |
| 2022 | $1,089 | $10,680 | $2,800 | $7,880 |
| 2021 | $1,056 | $0 | $0 | $0 |
| 2020 | $1,053 | $0 | $0 | $0 |
| 2019 | $929 | $0 | $0 | $0 |
| 2018 | $950 | $0 | $0 | $0 |
| 2017 | $789 | $0 | $0 | $0 |
| 2016 | $779 | $9,624 | $0 | $0 |
| 2015 | $714 | $0 | $0 | $0 |
| 2014 | $714 | $218,300 | $61,200 | $157,100 |
| 2012 | -- | $218,300 | $61,200 | $157,100 |
Source: Public Records
Agents Affiliated with this Home
-
John Powers
J
Seller's Agent in 2024
John Powers
Century 21 McAlpine Associates
(843) 625-0211
1 in this area
15 Total Sales
-
A
Buyer's Agent in 2024
AGENT .NON-MLS
Fnis Blac Knight MLS Solutions
-
Seller's Agent in 2012
Angie Shoemaker
RE/MAX
(843) 267-2314
-
Jim Neely
Buyer's Agent in 2012
Jim Neely
Realty ONE Group Dockside
(843) 907-1264
42 Total Sales
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2403365
APN: 04-0186-034-00-00
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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