NOT LISTED FOR SALE

1612 James Island Ave North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $67,000 - $182,000

0.09 Acre
$1,392,589 Price per Acre
3,920 Sq Ft Lot

Last Sold November 19, 2020

Last sale price $35,000

Est. 258% increase in value since last sale

Current estimated payment $815/month

447 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Rectangular Lot
  • Ocean Drive Elementary School Rated A

About This Lot

As of November 2020

This lot is located in the pristine neighborhood of Charleston Landing, which is approximately 2 miles from the beach. The homes in Charleston Landing gives that low country feel and Charleston architecture like houses. This neighborhood has a community pool that overlooks the Cherry Grove marsh. It also offers several gazebos, pond with water fountains, and a small playground. This lot is close to everything that North Myrtle Beach, SC has to offer from restaurants, golf, shops, beach and entertainment. Buyer is responsible for all measurement verification's.

Last Agent to Sell the Property

Alyssa Holmes

CENTURY 21 Thomas License #91019 Listed on: 07/26/2019

CENTURY 21 Thomas

Last Buyer's Agent

Tim Clark

Grand Strand Homes & Land License #88269

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $679

Lot Details

  • 3,920 Sq Ft Lot
  • Rectangular Lot
  • Cleared Lot

HOA Fees

  • $75 Monthly HOA Fees

Additional Features

  • East of US 17
  • Phone Available

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$679

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool-Outdoor Community, Long Term Rental Allowed, Owner Allowed Golf Cart
  • Class: Land
  • HOA Fee Frequency: Monthly
  • HOA Management Company: Coastal Association Management 843-663-2040
  • Lvt Date: 07/26/2019
  • Additional Information: Cleared
  • Estimated Lot Size: Less Than 1/2 Acre
  • Monthly HOA Calculated: 75
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Gas, Water, Sewer, Phone, Tv Cable
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.09

Garage/Parking

  • Type: Residential Lot

Utilities

  • Sewer: Public
  • Water: Public

Schools

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

Lot Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2019
Closed on
Dec 22, 2020
Sold by
Valhalla Reinsurance Co Ltd
Bought by
Mmca Properties Llc
Seller's Agent
Alyssa Holmes
CENTURY 21 Thomas
Buyer's Agent
Tim Clark
Grand Strand Homes & Land
List Price
$49,900
Sold Price
$35,000
Premium/Discount to List
-$14,900
-29.86%
Current Estimated Value
$125,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,333
Avg. Annual Appreciation
12.50%

Purchase Details

Listed on
Jul 26, 2019
Closed on
Nov 17, 2020
Sold by
Petrillo Damon
Bought by
Valhalla Reinsurance Co Ltd
Seller's Agent
Alyssa Holmes
CENTURY 21 Thomas
Buyer's Agent
Tim Clark
Grand Strand Homes & Land
List Price
$49,900
Sold Price
$35,000
Premium/Discount to List
-$14,900
-29.86%

Purchase Details

Closed on
Mar 21, 2005
Sold by
Ocean Enterprises Llc
Bought by
Petrillo Damon and Petrillo Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,910
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mmca Properties Llc $37,500 --
Valhalla Reinsurance Co Ltd $35,000 --
Petrillo Damon $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petrillo Damon $53,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $35,000 -5.4% --
09/05/2020 09/05/20 Price Changed $37,000 -7.3% --
02/28/2020 02/28/20 Price Changed $39,900 -11.1% --
09/13/2019 09/13/19 Price Changed $44,900 -10.0% --
07/26/2019 07/26/19 For Sale $49,900 -- --
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 $679 $2,729 $2,729 $0
2023 $679 $2,729 $2,729 $0
2021 $618 $2,729 $2,729 $0
2020 $244 $2,729 $2,729 $0
2019 $235 $2,729 $2,729 $0
2018 $217 $947 $947 $0
2017 $215 $947 $947 $0
2016 -- $947 $947 $0
2015 $214 $948 $948 $0
2014 $207 $948 $948 $0
Source: Public Records

Agents Affiliated with this Home

  • Alyssa Holmes

    Seller's Agent in 2020

    Alyssa Holmes

    CENTURY 21 Thomas

    (843) 957-5673

    64 in this area

    454 Total Sales

    Section Image

  • T

    Buyer's Agent in 2020

    Tim Clark

    Grand Strand Homes & Land

    (843) 636-7827

    4 in this area

    15 Total Sales

    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1916432

Coastal Carolinas Association of REALTORS®

APN: 35107010015

South Carolina Horry County North Myrtle Beach 29582 Cherry Grove

1612 James Island Ave, North Myrtle Beach, SC

This home is located at 1612 James Island Ave, North Myrtle Beach, SC 29582 since 26 July 2019 and is currently estimated at $125,333. 1612 James Island Ave 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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