Seller's Agent in 2020
Martin Phillips
CB Sea Coast Advantage PI
(843) 543-4343
27 in this area
36 Total Sales
985 Norris Dr Unit Ocean Front - The Pe Pawleys Island, SC 29585
Estimated Value: $2,367,000 - $3,012,000
8
Beds
9.5
Baths
5,990
Sq Ft
$440/Sq Ft
Est. Value
Highlights
- Ocean Front
- Boat Ramp
- Private Beach
- Waccamaw Elementary School Rated A-
- Floating Dock
- Sitting Area In Primary Bedroom
About This Home
As of July 2020A grand beach house at a tremendous value, just waiting for the right buyer to complete renovation to your own needs and dreams. 985 Norris Dr. is located in the prestigious community of The Peninsula at Inlet Point on the south end of South Litchfield Beach. Located direct ocean front and backing to the Inlet with shared dock, 985 Norris boasts great views from almost every room. A rare find with potential of up to 9 bedrooms with 8.5 baths. New roof, New HVAC, and New Water Heaters plus complete interior cleaning and restoration from water damage complete in 2018/2019. However, renovation is not complete with 2nd and 3rd level flooring and final stucco repair or replacement to be done by Buyer. Great rental potential, forecast of rental income available. All dimensions are approx and should be verified by the Buyer.
Last Agent to Sell the Property
CB Sea Coast Advantage PI License #59439 Listed on: 08/11/2019
Co-Listed By
Anne Phillips
CB Sea Coast Advantage PI License #22872
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,782
Year Built
- Built in 1996
Lot Details
- 0.6 Acre Lot
- Property fronts a marsh
- Ocean Front
- Private Beach
- Cul-De-Sac
- Rectangular Lot
- Property is zoned Res.
HOA Fees
- $807 Monthly HOA Fees
Parking
- Garage
- Tuck Under Parking
- Garage Door Opener
Home Design
- Stilt Home
- Raised Foundation
- Wood Frame Construction
- Stucco
- Tile
Interior Spaces
- 5,990 Sq Ft Home
- 3-Story Property
- Window Treatments
- Entrance Foyer
- Formal Dining Room
- Den
- Recreation Room
- Workshop
- Carpet
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 8 Bedrooms
- Sitting Area In Primary Bedroom
- Primary Bedroom on Main
- Walk-In Closet
- In-Law or Guest Suite
- Bathroom on Main Level
Laundry
- Laundry Room
- Washer and Dryer
Outdoor Features
- Floating Dock
- Creek On Lot
- Deck
- Front Porch
Location
- Flood Zone Lot
- East of US 17
- Outside City Limits
Schools
- Waccamaw Elementary School
- Waccamaw Middle School
- Waccamaw High School
Utilities
- Forced Air Heating and Cooling System
- Geothermal Heating and Cooling
- Underground Utilities
- Water Heater
- Phone Available
- Cable TV Available
Community Details
Overview
- Association fees include electric common, legal and accounting, common maint/repair, manager, pool service, security
- The community has rules related to allowable golf cart usage in the community
Recreation
- Boat Ramp
- Boat Dock
- Community Pool
Additional Features
- Elevator
- Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2019
Closed on
Jul 22, 2020
Sold by
Fletcher Frank P and The Joise M Fletcher Revocable
Bought by
Jowers Willis V
Seller's Agent
Martin Phillips
CB Sea Coast Advantage PI
Buyer's Agent
Martin Phillips
CB Sea Coast Advantage PI
List Price
$1,995,000
Sold Price
$1,500,000
Premium/Discount to List
-$495,000
-24.81%
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
$1,132,881
Avg. Annual Appreciation
7.17%
Original Mortgage
$800,000
Outstanding Balance
$718,803
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,425,278
Purchase Details
Closed on
Sep 29, 2006
Sold by
Fletcher Frank P
Bought by
Fletcher Frank P
Purchase Details
Closed on
Jul 5, 2004
Sold by
Fletcher Josie M
Bought by
Fletcher Josie M and Josie M Fletcher Revocable Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jowers Willis V | $1,500,000 | None Available | |
| Fletcher Frank P | -- | None Available | |
| Fletcher Frank P | -- | None Available | |
| Fletcher Josie M | -- | -- | |
| Fletcher Frank P | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jowers Willis V | $800,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2020 07/28/20 | Sold | $1,500,000 | -16.4% | $250 / Sq Ft |
| 01/04/2020 01/04/20 | Price Changed | $1,795,000 | -10.0% | $300 / Sq Ft |
| 08/11/2019 08/11/19 | For Sale | $1,995,000 | -- | $333 / 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 | $8,782 | $69,540 | $60,000 | $9,540 |
| 2023 | $8,782 | $69,540 | $60,000 | $9,540 |
| 2022 | $24,454 | $104,320 | $90,000 | $14,320 |
| 2021 | $23,692 | $0 | $0 | $0 |
| 2020 | $9,590 | $0 | $0 | $0 |
| 2019 | $11,020 | $0 | $0 | $0 |
| 2018 | $11,250 | $0 | $0 | $0 |
| 2017 | $10,354 | $0 | $0 | $0 |
| 2016 | $10,224 | $102,036 | $0 | $0 |
| 2015 | $9,444 | $0 | $0 | $0 |
| 2014 | $9,444 | $2,479,400 | $1,700,000 | $779,400 |
| 2012 | -- | $2,479,400 | $1,700,000 | $779,400 |
Source: Public Records
Agents Affiliated with this Home
-
Martin Phillips
-
A
Seller Co-Listing Agent in 2020
Anne Phillips
CB Sea Coast Advantage PI
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 1918234
APN: 04-0149-001-16-00
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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