$168,000
SOLD DEC 28, 2015

601 Retreat Beach Cir Unit 424 Bridgewater Pawleys Island, SC 29585

1 Bed
1 Bath
525 Sq Ft
$500/mo HOA Fee

Recently Sold

$320 Per Sq Ft

15% Below List Price

211 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Furnished
  • Waccamaw Elementary School Rated A-
  • Gated Community
  • Lawn

About This Home

As of August 2018

Beautiful oceanfront condo in Litchfield by the Sea. Enjoy serene ocean views just past Bridgewater's pool and lazy river. Villa is a furnished, one bedroom suite with a den and a murphy bed that can sleep up to 6 people. Great rental income potential! Enjoy all Litchfield by the Sea amenities including private beach access, miles of walking/biking trails, tennis courts, new ocean clubhouse, onsite dining and spa and so much more! Conveniently located just 25 miles south of the attractions of Myrtle Beach and 70 miles north of historic Charleston. Fine dining, boutique shopping and more just minutes away in Pawleys Island and Murrells Inlet. Make sure you have the chance to see this great beach lover's opportunity along the Waccamaw Neck.

Last Agent to Sell the Property

Gregory Sisson

The Ocean Forest Company License #26646 Listed on: 03/26/2015

Last Buyer's Agent

LeAnne Broadway

The Litchfield Company RE License #86063

The Litchfield Company RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,374

Year Built

  • Built in 2004

Lot Details

  • Ocean Front
  • Lawn

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Steel Siding
  • Tile

Interior Spaces

  • 525 Sq Ft Home
  • Furnished
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • Secured Garage or Parking
  • Parking Garage Space

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, security, rec. facilities, legal and accounting, master antenna/cable TV, common maint/repair
  • Mid-Rise Condominium

Amenities

  • Door to Door Trash Pickup

Recreation

  • Community Pool

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,374

Year Built

Built in 2004

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Unit Location: Oceanfront-Unit, Oceanview-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Home Owners Assn Fee, Gated Community, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Lazy River
  • Estimated Year Built: 2004
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Window/Wall Unit
  • Monthly HOA as Calculated: 500
  • HOA Management Company: Waccamaw Management 843-237-9551
  • Sold Total Heated Sq Ft: 525
  • Sold Total Sq Ft: 575
  • Total Heated Sq Ft: 525
  • Building Style: Mid-Rise 4-6 Stories
  • Building Location: Oceanfront-Building, East Of Bus 17
  • Exterior Unit Features: Balcony, Pool-Outdoor Private
  • Gross Annual Rental Incom: 2014 ~ $30,801
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Bridgewater - Litchfield By The Sea
  • Rental Mgmt Contract: Yes
  • Which Floor: 04
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2004

Interior Features

  • Furnished: Yes
  • Interior Amenities: Fire Sprinkler, Smoke Detector
  • Kitchen Type: Refrigerator, Range, Microwave
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Total Sq Ft: 575

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Under Bldg.

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Security, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair

Schools

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

Lot Info

  • Zoning: Multi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2018
Closed on
Aug 23, 2018
Sold by
Long Lewis E
Bought by
Gaskins David and Gaskins Aliese
Seller's Agent
Linda Crampton
The Litchfield Company RE
Buyer's Agent
Tyson Blount-Jones
The Litchfield Company RE PI
List Price
$248,900
Sold Price
$236,500
Premium/Discount to List
-$12,400
-4.98%
Total Days on Market
211
Current Estimated Value
$354,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,159
Avg. Annual Appreciation
6.17%

Purchase Details

Listed on
Mar 26, 2015
Closed on
Dec 9, 2015
Sold by
Grassi James M
Bought by
Long Lewis E
Seller's Agent
Gregory Sisson
The Ocean Forest Company
Buyer's Agent
LeAnne Broadway
The Litchfield Company RE
List Price
$197,900
Sold Price
$168,000
Premium/Discount to List
-$29,900
-15.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.66%
Original Mortgage
$126,000
Interest Rate
4.01%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $236,500 None Available
Deed $168,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $126,000 New Conventional
Previous Owner $214,637 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2018 08/27/18 Sold $236,500 -5.0% $450 / Sq Ft
06/08/2018 06/08/18 For Sale $248,900 +48.2% $473 / Sq Ft
12/28/2015 12/28/15 Sold $168,000 -15.1% $320 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $197,900 -- $377 / 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 $3,374 $13,220 $0 $13,220
2023 $3,374 $6,610 $0 $6,610
2022 $3,130 $13,220 $0 $13,220
2021 $3,034 $0 $0 $0
2020 $3,030 $0 $0 $0
2019 $1,595 $0 $0 $0
2018 $2,302 $0 $0 $0
2017 $2,104 $0 $0 $0
2016 $2,091 $9,996 $0 $0
2015 $3,000 $0 $0 $0
2014 $3,000 $245,000 $0 $245,000
2012 -- $245,000 $0 $245,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1506195

Coastal Carolinas Association of REALTORS®

APN: 04-0138-058-04-23