NOT LISTED FOR SALE

601 Retreat Beach Cir Unit 508 Pawleys Island, SC 29585

Estimated Value: $558,000 - $645,000

2 Beds
2 Baths
745 Sq Ft
$1,342/mo HOA Fee

Last Sold June 14, 2024

Last sale price $605,000 $812 Per Sq Ft

Current estimated payment $5,403/month

17 Days on Market

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Unit is on the top floor
  • Waccamaw Elementary School Rated A-
  • Private Beach
  • Penthouse

About This Home

As of June 2024

Looking for spectacular ocean views, cool breezes, within the privacy of your balcony. This Oceanfront Penthouse awaits you. Move-in ready condition, with higher grade LVP flooring throughout, newer full kitchen with island. As you look out over the ocean from this 5th floor home, you get a birds-eye view of the pool and lazy river. This is your opportunity to make this your home or your home away from home. NOT USED AS A RENTAL, no rental history provided. Current Owners did not rent.

Last Agent to Sell the Property

Joseph Stalvey

The Charleston RealEstate Cafe Listed on: 04/22/2024

Last Buyer's Agent

AGENT .NON-MLS

ICE Mortgage Technology INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,289

Year Built

  • Built in 1996

Lot Details

  • Ocean Front
  • Private Beach
  • Lawn

HOA Fees

  • $1,342 Monthly HOA Fees

Home Design

  • Penthouse
  • Brick Foundation
  • Steel Siding

Interior Spaces

  • 745 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Luxury Vinyl Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom faces the ocean
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Garage
  • Second Garage
  • Secured Garage or Parking
  • Parking Garage Space

Outdoor Features

  • Private Pool
  • Balcony

Location

  • Unit is on the top floor
  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • 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, internet access, pest control
  • Mid-Rise Condominium

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Community Indoor Pool

Building Details

  • Security

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,289

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,342 per month

Listing Details

  • Lot Description: Designated Flood Zone
  • Unit Location: Oceanfront-Unit, Penthouse, Top Floor
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Security, Tennis Court, Seller Disclosure, Home Owners Assn Fee, Lawn Maintenance, Lazy River, Pool-Indoor Community, Private Beach Comm Access
  • Estimated Year Built: 1996
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 1342
  • HOA Management Company: Waccamaw Management 843-237-9559
  • Lvt Date: 04/22/2024
  • Sold Total Heated Sq Ft: 745
  • Sold Total Sq Ft: 847
  • Total Heated Sq Ft: 745
  • Building Style: Mid-Rise 4-6 Stories
  • Building Location: Oceanfront-Building, Outside City Limits
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Elevator-Exterior, Insulated Doors/Windows, Additional Garage, Pool - In Ground
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Bridgewater - Litchfield By The Sea
  • Which Floor: 05
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1996

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Fire Sprinkler, Split Bedroom Plan, Smoke Detector, Washer/Dryer, Furnished, Enter Through Foyer
  • Other Rooms: Foyer, Laundry/Utility
  • Primary Bathroom: Double Sink, Tub/Shower Combo
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Work Island, Microwave, Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, Oceanfront Master Bedroom
  • Bedrooms: 2
  • Dining Room Type: Kit/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 847

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Brick/Masonry

Garage/Parking

  • Type: Condo
  • Parking: Under Bldg.

Utilities

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

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, Internet Access, Pest Control

Schools

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

Lot Info

  • Zoning: PUD

MLS Schools

  • Elementary School: Waccamaw Elementary School
  • HighSchool: Waccamaw High School
  • Middle School: Georgetown Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Jun 11, 2024
Sold by
Gunderson William F and Gunderson Lynn E
Bought by
Giovanniello Timothy H and Giovanniello Lisa Ann
Seller's Agent
Joseph Stalvey
The Charleston RealEstate Cafe
Buyer's Agent
AGENT .NON-MLS
ICE Mortgage Technology INC
List Price
$675,000
Sold Price
$605,000
Premium/Discount to List
-$70,000
-10.37%
Total Days on Market
17
Views
26
Current Estimated Value
$603,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,744
Avg. Annual Appreciation
-0.29%
Original Mortgage
$390,000
Outstanding Balance
$386,855
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$216,401

Purchase Details

Listed on
Aug 1, 2023
Closed on
Aug 21, 2023
Sold by
Rhyne Clyde and Rhyne Linda H
Bought by
Gunderso William F and Gunderso Lynn E
Seller's Agent
Linda Crampton
The Litchfield Company RE
Buyer's Agent
Maria Kaack
The Litchfield Company RE
List Price
$599,900
Sold Price
$592,450
Premium/Discount to List
-$7,450
-1.24%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.59%

Purchase Details

Closed on
Oct 16, 2021
Sold by
Fellers Douglas A
Bought by
Herndon Ashley Alexander and Herndon Michael Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2021
Sold by
Shaw John H and Shaw Susan E
Bought by
Rhyne Clyde and Rhyne Linda H

Purchase Details

Closed on
Oct 27, 2010
Sold by
One Eighty One Inc
Bought by
Shaw John H and Shaw Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
4.37%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 1, 2002
Sold by
Darcy Martin A Trustee and Darcy Deborah A Trustee
Bought by
One Eighty One Inc
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
Giovanniello Timothy H $605,000 None Listed On Document
Gunderso William F $592,450 None Listed On Document
Herndon Ashley Alexander $235,000 None Available
Rhyne Clyde $455,000 None Available
Shaw John H $435,000 --
One Eighty One Inc $392,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giovanniello Timothy H $390,000
Previous Owner Herndon Ashley Alexander $176,250
Previous Owner Shaw John H $326,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $605,000 -6.9% $812 / Sq Ft
05/06/2024 05/06/24 Price Changed $650,000 -3.7% $872 / Sq Ft
04/22/2024 04/22/24 For Sale $675,000 +13.9% $906 / Sq Ft
08/21/2023 08/21/23 Sold $592,450 -1.2% $795 / Sq Ft
08/01/2023 08/01/23 For Sale $599,900 -- $805 / 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 $8,289 $32,730 $0 $32,730
2023 $8,289 $12,840 $0 $12,840
2022 $6,040 $25,680 $0 $25,680
2021 $4,072 $0 $0 $0
2020 $2,055 $0 $0 $0
2019 $1,784 $0 $0 $0
2018 $3,541 $0 $0 $0
2017 $3,260 $0 $0 $0
2016 $3,240 $15,486 $0 $0
2015 $4,623 $0 $0 $0
2014 $4,623 $379,500 $0 $379,500
2012 -- $379,500 $0 $379,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2409824

Coastal Carolinas Association of REALTORS®

APN: 04-0138-058-05-07