NOT LISTED FOR SALE

560 Myrtle Ave Pawleys Island, SC 29585

Estimated Value: $6,643,340

6 Beds
5 Baths
3,100 Sq Ft
$2,143/Sq Ft Est. Value

Last Sold February 01, 2019

Last sale price $3,501,013 $1,129 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $38,030/month

9 Days on Market

Highlights

  • Ocean Front
  • Boat Dock
  • Fireplace in Primary Bedroom
  • Waccamaw Elementary School Rated A-
  • Island Location
  • Low Country Architecture

About This Home

As of February 2019

Timeless and enchanting as its name suggests, Caledonia is a historical beach house located on a prominent dune ridge in the historic district of Pawleys Island, a community noted as one of “America’s oldest seaside resorts”. Expanding from the beach to the creek, Caledonia offers a variety of lifestyle living options to enjoy family time in the sand and in the waves. The grand wrap around porch provides perfect shelter from the sun as well as a great perch to watch and listen to a passing summer storm. Relax on the covered dock after a day of boating or kayaking. Generations of children have learned how to crab, fish, and throw a cast net here. The beach feels private in this location of Pawleys Island. The property is naturally elevated providing wonderful views from your porch rocking chair and hammock. It is one of a few properties on Pawleys Island with a bulkheaded seawall. Step back in time as you enter this authentic beach house with heart pine floors, a spacious family room and the large dining room that opens to the porch where there is additional outdoor dining space. Three of the 6 bedrooms are on the first floor each with a private bath. A quaint sitting area and 3 more bedrooms and two baths are on the second floor. There is a buffet kitchen in the house and detached, across the porch, is an updated larger kitchen from days of old. Nostalgic and wonderful Caledonia is a treasure chest of family fun times and memories.

Last Agent to Sell the Property

Perry Peace

Peace Sotheby's Intl Realty PI License #22582 Listed on: 01/02/2019

Peace Sotheby's Intl Realty PI

Last Buyer's Agent

Sheri Nannarello

The Dieter Company License #21274

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,709

Year Built

  • Built in 1901

Lot Details

  • 0.48 Acre Lot
  • Property fronts a marsh
  • Ocean Front

Parking

  • Driveway

Home Design

  • Low Country Architecture
  • Bi-Level Home
  • Wood Frame Construction
  • Tile
  • Lead Paint Disclosure

Interior Spaces

  • 3,100 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Ocean Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Bathroom on Main Level
  • 5 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Location

  • Island Location
  • East of US 17

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • 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

$33,709

Year Built

Built in 1901

Lot Details

0

Parking

5

Listing Details

  • Four Sided Lot Measurement: 129x115x131x108
  • Amenities Available: Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet, Boat Dock
  • Estimated Year Built: 1901
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan, Fireplace
  • Floor Cover: Tile, Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat
  • Lvt Date: 01/02/2019
  • Sold Total Heated Sq Ft: 3100
  • Sold Total Sq Ft: 5400
  • Style: Low Country
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 5
  • Total Heated Sq Ft: 3100
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1901

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Furnished, Fireplace, Lead Based Paint Disclose
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Foyer, Laundry/Utility, Screened Porch
  • Primary Bathroom: Shower
  • Kitchen Type: Breakfast Bar, Ceiling Fan, Double Oven, Dishwasher, Freezer, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Refrigerator, Range
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan, Fireplace
  • Bedrooms: 6
  • Dining Room Type: Formal
  • Formal Dining: Yes
  • Full Bathrooms: 5
  • Levels: Two-Story
  • Total Sq Ft: 5400

Exterior Features

  • Exterior Features: Front Porch, Rear Porch, Outside Storage Detached, Boat Dock
  • Exterior Finish: Wood Frame
  • Foundation: Crawl
  • Number Of Acres: 0.48

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • 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: Oceanfront Lot, East Of Bus 17, Island, Oceanview Lot, Marsh/Wetlans View
  • 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
Jan 2, 2019
Closed on
Jan 30, 2019
Sold by
Caledonia Palmetto Lllp
Bought by
Nesbit Norburn House Llc
Seller's Agent
Perry Peace
Peace Sotheby's Intl Realty PI
Buyer's Agent
Sheri Nannarello
The Dieter Company
List Price
$3,299,000
Sold Price
$3,501,013
Premium/Discount to List
$202,013
6.12%
Current Estimated Value
$6,643,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,142,327
Avg. Annual Appreciation
9.43%
Original Mortgage
$2,800,810
Outstanding Balance
$1,876,149
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$4,504,062

Purchase Details

Closed on
Oct 19, 2005
Sold by
Perrin Walter Catesby and Hargrett Haines
Bought by
Caledonia Palmetto Lllp

Purchase Details

Closed on
Jul 26, 2005
Sold by
Perrin Walter Catesby
Bought by
Perrin Ii Walter Catesby and Hargrett Haines

Purchase Details

Closed on
Sep 1, 2000
Sold by
Perrin Walter C and Perrin Martha C
Bought by
Schwab Marjorie Moses

Purchase Details

Closed on
Oct 13, 1999
Sold by
Gregg William Maxwell
Bought by
Perrin Walter C and Perrin Martha C
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
Nesbit Norburn House Llc $3,501,013 None Available
Caledonia Palmetto Lllp -- --
Caledonia Palmetto Lllp -- --
Perrin Ii Walter Catesby -- --
Schwab Marjorie Moses $1,150,000 --
Perrin Walter C $3,007,397 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2019 02/01/19 Sold $3,501,013 +6.1% $1,129 / Sq Ft
01/02/2019 01/02/19 For Sale $3,299,000 -- $1,064 / 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 $33,709 $137,520 $126,000 $11,520
2023 $33,709 $137,520 $126,000 $11,520
2022 $32,155 $137,520 $126,000 $11,520
2021 $31,151 $0 $0 $0
2020 $31,110 $0 $0 $0
2019 $24,237 $0 $0 $0
2018 $24,339 $0 $0 $0
2017 $22,654 $107,622 $0 $0
2016 $22,515 $107,622 $0 $0
2015 $23,335 $0 $0 $0
2014 $23,335 $1,930,300 $1,527,500 $402,800
2012 -- $1,930,300 $1,527,500 $402,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1825515

Coastal Carolinas Association of REALTORS®

APN: 42-0174-073-00-00