NOT LISTED FOR SALE

1028 Cherry Tree Ln Unit Washingtons Walk North Myrtle Beach, SC 29582

Ocean Drive Neighborhood

Estimated Value: $507,570 - $567,000

3 Beds
2 Baths
1,550 Sq Ft
$342/Sq Ft Est. Value

Last Sold November 18, 2014

Last sale price $188,000 $121 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $3,156/month

204 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • Front Porch
  • Ocean Drive Elementary School Rated A
  • Cul-De-Sac
  • Tray Ceiling

About This Home

As of November 2014

Location, location, location... and a great value-- approximately a half-mile to the beach! Beautiful, immaculate, low maintenance brick front home in the Cherry Grove Beach section of North Myrtle Beach at the end of a cul-de-sac in charming Washingtons Walk. Covered front porch surrounded by palms welcomes you to enjoy the beach lifestyle in a lovely neighborhood offering convenience and privacy. Walk to the covered front porch to the decorative front door entering the spacious, vaulted ceiling living room, kitchen and dining areas. Great floor plan on one level! This home has been very well maintained and move in ready. All attention to details has been covered! Wainscoting, professionally painted, beautiful molding and trim, vaulted and tray ceilings, ceramic tile, wood flooring, lots of cabinets, pantry, large walk-in closets, pull down attic stairs, upgraded features, security system, safety hurricane film on windows, and low maintenance make this home the perfect choice. Conveniently located near the beach, golf courses, shopping, medical, hospitals, marinas, boating, theaters, amusements, beach music, nightlife, live entertainment, restaurants, dining, nature parks, kayaking, fishing pier, and the sparkling sand and surf of the Atlantic Ocean.

Last Agent to Sell the Property

Shawn Seddinger

Grand Strand Real Estate License #25892 Listed on: 03/27/2014

Last Buyer's Agent

Mark Bolick

Sands Realty Group Inc. License #47135

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,258

Year Built

  • Built in 2003

Lot Details

  • Cul-De-Sac
  • Property is zoned R1

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,550 Sq Ft Home
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Front Porch

Location

  • East of US 17

Utilities

  • Central Heating and Cooling System
  • Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,258

Year Built

Built in 2003

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Lot Description: Cul-De-Sac
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Seller Disclosure
  • Estimated Year Built: 2003
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Tile, Wood, Carpeting, Laminate
  • HOA Fee Frequency: Annually
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 15
  • HOA Management Company: Harriett Hailey 803-549-8805
  • Living Room Type: Vaulted/Cathedral Ceiling, Ceiling Fan
  • Sold Total Heated Sq Ft: 1550
  • Sold Total Sq Ft: 1650
  • Style: Ranch
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 2
  • Total Heated Sq Ft: 1550
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Interior Amenities: Wind Treat Convey, Security System, Stairs To Attic, Smoke Detector, Wshr/Dryer Connection
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths
  • Kitchen Type: Range, Dishwasher, Pantry
  • Master Bedroom Type: 1st Flr Level, Tray Ceiling
  • Bedrooms: 3
  • Dining Room Type: Area, Kit/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1650

Exterior Features

  • Exterior Features: Patio, Front Porch, Insulated Doors/Windows
  • Exterior Finish: Brick Veneer, Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric

Schools

  • Elementary School: North Myrtle Beach Elementary - Inactive
  • 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: R1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2015
Sold by
Grubb David
Bought by
Horne Kenneth R and Horne Mary C
Current Estimated Value
$530,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Outstanding Balance
$132,140
Interest Rate
3.79%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$372,871

Purchase Details

Listed on
Mar 27, 2014
Closed on
Nov 17, 2014
Sold by
Brandley Lawrence C and Brandley Karen A
Bought by
Grubb David
Seller's Agent
Shawn Seddinger
Grand Strand Real Estate
Buyer's Agent
Mark Bolick
Sands Realty Group Inc.
List Price
$219,900
Sold Price
$188,000
Premium/Discount to List
-$31,900
-14.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$150,400
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 9, 2009
Sold by
Simerson Gary W
Bought by
Brandley Lawrence C

Purchase Details

Closed on
Nov 5, 2001
Sold by
L B I Inc
Bought by
Simerson Gary W and Simerson Sherry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,550
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2001
Sold by
Ye Olde Kings Hwy Corp
Bought by
Lbi Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.02%
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
Horne Kenneth R $210,000 --
Grubb David $188,000 --
Brandley Lawrence C $227,500 --
Simerson Gary W $143,000 --
Lbi Inc $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horne Kenneth R $168,000
Previous Owner Grubb David $150,400
Previous Owner Simerson Gary W $121,550
Previous Owner Lbi Inc $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2014 11/18/14 Sold $188,000 -14.5% $121 / Sq Ft
10/17/2014 10/17/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $219,900 -- $142 / 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 $3,258 $25,379 $14,822 $10,557
2023 $3,258 $13,108 $5,912 $7,196
2021 $2,967 $14,917 $6,097 $8,820
2020 $2,934 $14,917 $6,097 $8,820
2019 $2,830 $14,917 $6,097 $8,820
2018 $0 $11,398 $5,140 $6,258
2017 $2,586 $11,398 $5,140 $6,258
2016 -- $11,398 $5,140 $6,258
2015 $2,563 $11,398 $5,140 $6,258
2014 $792 $12,577 $5,707 $6,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1405948

Coastal Carolinas Association of REALTORS®

APN: 35109040088