NOT LISTED FOR SALE

1023 Cherry Tree Ln North Myrtle Beach, SC 29582

Ocean Drive Neighborhood

Estimated Value: $471,000 - $628,000

4 Beds
3 Baths
1,862 Sq Ft
$287/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $288,000 $155 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,193/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Linen Closet
  • Ocean Drive Elementary School Rated A
  • Solid Surface Countertops
  • Breakfast Bar

About This Home

As of July 2020

Good buy in a great neighborhood that's walking-golf cart distance to the ocean. Conveniently located to shopping, dining, and entertainment, this lovely home would be a perfect primary or 2nd home. Low HOA fees and smaller lots size/less yard work will make you happy! There are 2 large BRs downstairs and 2 large BRs upstairs. The home has all the charm and warmth you could possibility ask for. Engineered Bamboo flooring in the living area and hallway. Painted in warm inviting colors. Granite counter tops in the kitchen, upgraded lighting through out the home. Crown moulding in main living area. New carpet. Smooth ceilings, lots of storage. Outside is a paradise, Pavilion area with ceiling fan and lights. Pavers give you more patio space, fenced in back yard. Sprinkler system with separate water meter. Attached storage room on back of home, perfect for the beach toys. Don't miss the opportunity to view this home soon, it won't last long. All measurements are approximate and not guaranteed, with verification the responsibility of the buyers.

Last Agent to Sell the Property

ONeal Bourne

RE/MAX Southern Shores NMB License #47557 Listed on: 06/08/2020

RE/MAX Southern Shores NMB

Last Buyer's Agent

Susan ferguson

The Hoffman Group License #82251

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,166

Year Built

  • Built in 2002

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced
  • Irregular Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,862 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Insulated Doors
  • Family or Dining Combination
  • Carpet
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Linen Closet
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Shower Only

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Schools

  • Ocean Drive Elementary School
  • North Myrtle Beach Middle School
  • North Myrtle Beach High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Patio
  • East of US 17

Community Details

  • The community has rules related to fencing, allowable golf cart usage in the community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,166

Year Built

Built in 2002

Lot Details

0

HOA Fees

$17 per month

Parking

3

Listing Details

  • Lot Description: Irregular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Seller Disclosure, Long Term Rental Allowed, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 2002
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Annually
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 17
  • HOA Management Company: Washington Walk HOA
  • Lvt Date: 06/08/2020
  • Sold Total Heated Sq Ft: 1862
  • Sold Total Sq Ft: 2062
  • Style: Traditional
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 3
  • Total Heated Sq Ft: 1862
  • Geo Subdivision: SC
  • Section Subdivision: Washingtons Walk
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Bedroom 1: 11 x 14
  • Bedroom 2: 16 x 18
  • Bedroom 3: 12.5 x 16
  • Interior Amenities: Security System, Smoke Detector, Wshr/Dryer Connection, Split Bedroom Plan
  • Kitchen: 10 x 15.5
  • Living Room: 17.5 x 17
  • Master Bedroom: 13.5 x 18
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths
  • Primary Bathroom: Shower
  • Kitchen Type: Breakfast Bar, Dishwasher, Solid Surface Countertops, Microwave, Pantry, Refrigerator, Range
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan, Linen Closet, Walk-In Closet
  • Bedrooms: 4
  • Dining Room Type: Fam/Dr Combo
  • Full Bathrooms: 3
  • Levels: One And One Half
  • Total Sq Ft: 2062

Exterior Features

  • Exterior Features: Patio, Fencing, Lawn Sprinkler, Outside Storage Attached, Storm Doors, Insulated Doors/Windows
  • Exterior Finish: Vinyl Siding
  • Foundation: Slab
  • Number Of Acres: 0.12

Garage/Parking

  • Type: Detached

Utilities

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

Schools

  • Elementary School: Ocean Drive Elementary
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Lot Location: Inside City Limits, East Of Bus 17
  • Zoning: RES

MLS Schools

  • Elementary School: Ocean Drive Elementary
  • HighSchool: North Myrtle Beach High School
  • Middle School: North Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Jul 13, 2020
Sold by
Gregory Beverly Love
Bought by
Warfford Miles F and Warfford Pauletta L
Seller's Agent
ONeal Bourne
RE/MAX Southern Shores NMB
Buyer's Agent
Susan ferguson
The Hoffman Group
List Price
$292,000
Sold Price
$288,000
Premium/Discount to List
-$4,000
-1.37%
Current Estimated Value
$533,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,580
Avg. Annual Appreciation
12.55%
Original Mortgage
$192,000
Outstanding Balance
$172,431
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$360,746

Purchase Details

Listed on
Aug 1, 2013
Closed on
Mar 13, 2014
Sold by
Boyd Shayna Lin and Smith Shayna Boyd
Bought by
Gregory Beverly Love and Gregory Richard W
Seller's Agent
Peggy Weaver
RE/MAX Southern Shores NMB
Buyer's Agent
ONeal Bourne
RE/MAX Southern Shores NMB
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%

Purchase Details

Closed on
Sep 19, 2013
Sold by
Boyd Shayna Lin
Bought by
Boyd Shayna Lin and Mclaurin Patricia Lee

Purchase Details

Closed on
Mar 22, 2011
Sold by
Ray Tracy Powell
Bought by
Boyd Shayna Lin

Purchase Details

Closed on
Mar 1, 2006
Sold by
Bryant Ray Tracy and Bryant Tracy Lynora
Bought by
Ray Tracy Powell and Bryant Ray Tracy

Purchase Details

Closed on
Jan 16, 2003
Sold by
Seacoast Construction Co Inc
Bought by
Bryant Tracy Lynora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 15, 2002
Sold by
Green Ira T
Bought by
Seacoast Construction Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 1, 2001
Sold by
Ye Olde Kings Highway Corporation
Bought by
Greene Ira T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
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
Warfford Miles F $288,000 --
Gregory Beverly Love $175,000 --
Boyd Shayna Lin -- --
Boyd Shayna Lin $200,000 --
Ray Tracy Powell -- None Available
Bryant Tracy Lynora $100,000 --
Seacoast Construction Co Inc $51,500 --
Greene Ira T $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warfford Miles F $192,000
Previous Owner Greene Ira T $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2020 07/13/20 Sold $288,000 -1.4% $155 / Sq Ft
06/08/2020 06/08/20 For Sale $292,000 +66.9% $157 / Sq Ft
03/14/2014 03/14/14 Sold $175,000 -12.1% $85 / Sq Ft
02/12/2014 02/12/14 Pending -- -- --
08/01/2013 08/01/13 For Sale $199,000 -- $97 / 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 $4,166 $19,167 $9,800 $9,367
2023 $4,166 $16,760 $5,972 $10,788
2021 $3,793 $11,173 $3,981 $7,192
2020 $2,739 $9,782 $3,318 $6,464
2019 $2,643 $14,672 $4,976 $9,696
2018 $0 $10,643 $4,199 $6,444
2017 $2,413 $10,643 $4,199 $6,444
2016 -- $10,643 $4,199 $6,444
2015 $2,392 $10,643 $4,199 $6,444
2014 $2,613 $12,010 $4,666 $7,344
Source: Public Records

Agents Affiliated with this Home

  • ONeal Bourne

    Seller's Agent in 2020

    ONeal Bourne

    RE/MAX

    (843) 455-4140

    27 in this area

    63 Total Sales

    ONeal Bourne
    Section Image

  • S

    Buyer's Agent in 2020

    Susan ferguson

    The Hoffman Group

    (252) 347-1284

    3 in this area

    12 Total Sales

    Susan ferguson
    Section Image

  • P

    Seller's Agent in 2014

    Peggy Weaver

    RE/MAX

    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2011484

Coastal Carolinas Association of REALTORS®

APN: 35109040085

South Carolina Horry County North Myrtle Beach 29582 Ocean Drive

1023 Cherry Tree Ln, North Myrtle Beach, SC

This home is located at 1023 Cherry Tree Ln, North Myrtle Beach, SC 29582 since 08 June 2020 and is currently estimated at $533,580, approximately $286 per square foot. This property was built in 2002. 1023 Cherry Tree Ln is a home located in Horry County with nearby schools including Ocean Drive Elementary School, North Myrtle Beach Middle School, and North Myrtle Beach High School.

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.

Coastal Carolinas Association of REALTORS® 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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