NOT LISTED FOR SALE

611 Springs Ave Unit 2nd Row-Pawleys Isla Pawleys Island, SC 29585

Estimated Value: $1,676,000 - $2,272,000

0.12 Acre
$16,450,000 Price per Acre
5,227 Sq Ft Lot

Last Sold May 22, 2020

Last sale price $240,000

Est. 722% increase in value since last sale

Current estimated payment $11,973/month

785 Days on Market

Highlights

  • Property is near a beach
  • Waccamaw Elementary School Rated A-
  • Rectangular Lot

About This Lot

As of May 2020

Amazing Price for the 2nd Row lot on historic Pawleys Island, the oldest seaside resort in America! Build your beach home on this cleared lot across the street from the ocean. Just steps to the ocean via two public accesses. Enjoy the lifestyle of relaxed beach living and enjoy all of the amenities Pawleys Island has to offer, shopping, dining, and the famous Brookgreen Gardens. The boat landing is just a block away to launch your boat for creek fishing.

Last Agent to Sell the Property

Carol Jayroe

Peace Sotheby's Intl Realty PI License #15190 Listed on: 03/02/2018

Peace Sotheby's Intl Realty PI

Co-Listed By

Rhonda Sawyer

Peace Sotheby's Intl Realty PI License #53301

Last Buyer's Agent

AGENT .NON-MLS

ICE Mortgage Technology INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,216

Lot Details

  • 5,227 Sq Ft Lot
  • Rectangular Lot

Location

  • Flood Zone Lot
  • East of US 17

Schools

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

Additional Features

  • Property is near a beach
  • Phone Available

Property Details

Property Type

Land

Est. Annual Taxes

$12,216

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Class: Land
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 03/02/2018
  • Residence: Land Only
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Phone, Sewer, Tv Cable, Water
  • Geo Subdivision: SC
  • Section Subdivision: Birds Nest
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.12

Garage/Parking

  • Type: Residential Lot

Utilities

  • Sewer: Public
  • Water: Public

Schools

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

Lot Info

  • Lot Location: Second Row Beach, Designated Flood Zone, East Of Highway 17 Bypass
  • 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

Closed on
Feb 19, 2021
Sold by
Southern Malibu Llc
Bought by
Dueger Russel Cory
Current Estimated Value
$1,974,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$500,260
Interest Rate
2.99%
Mortgage Type
Construction
Estimated Equity
$1,445,407

Purchase Details

Listed on
Mar 2, 2018
Closed on
May 30, 2020
Sold by
Dueger Russell Cory
Bought by
Southern Malibu Llc
Seller's Agent
Carol Jayroe
Peace Sotheby's Intl Realty PI
Buyer's Agent
AGENT .NON-MLS
ICE Mortgage Technology INC
List Price
$375,000
Sold Price
$240,000
Premium/Discount to List
-$135,000
-36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.98%

Purchase Details

Listed on
Mar 2, 2018
Closed on
May 21, 2020
Sold by
Wall George Allen and Wall Timothy Alex
Bought by
Southern Malibu Llc
Seller's Agent
Carol Jayroe
Peace Sotheby's Intl Realty PI
Buyer's Agent
AGENT .NON-MLS
ICE Mortgage Technology INC
List Price
$375,000
Sold Price
$240,000
Premium/Discount to List
-$135,000
-36%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Dueger Russel Cory -- None Available
Southern Malibu Llc -- None Available
Southern Malibu Llc $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dueger Russell Cory $548,250
Previous Owner Dueger Russel Cry $548,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $240,000 -25.0% --
03/20/2020 03/20/20 Price Changed $320,000 -14.7% --
03/02/2018 03/02/18 For Sale $375,000 -- --
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 $12,216 $48,320 $18,000 $30,320
2023 $12,216 $41,450 $18,000 $23,450
2022 $4,203 $18,000 $18,000 $0
2021 $4,072 $0 $0 $0
2020 $4,066 $0 $0 $0
2019 $6,609 $0 $0 $0
2018 $7,077 $0 $0 $0
2017 $6,599 $0 $0 $0
2016 $6,558 $31,350 $0 $0
2015 $6,304 $0 $0 $0
2014 $6,304 $522,500 $522,500 $0
2012 -- $522,500 $522,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1804395

Coastal Carolinas Association of REALTORS®

APN: 42-0174-098-00-00