NOT LISTED FOR SALE

Estimated Value: $1,305,000 - $2,937,000

10 Beds
6 Baths
2,960 Sq Ft
$793/Sq Ft Est. Value

Last Sold March 09, 2021

Last sale price $870,000 $294 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $15,317/month

58 Days on Market

Highlights

  • Ocean Front
  • Private Beach
  • Main Floor Bedroom
  • Ocean Drive Elementary School Rated A
  • Deck
  • 2-minute walk to Cherry Grove Oceanfront Park

About This Home

As of March 2021

Welcome to A Pink Paradise! This direct oceanfront home is located in the heart of Cherry Grove Beach and only steps to restaurants and shopping. A unique property that can be used as a single home or as a duplex with private entry on both levels. There is a strong rental history and tremendous future investment potential for this home. Each level offers a kitchen, living area, five bedrooms and three baths. In total the home sleeps 20 guests. The property is sold with all furnishings and appliances.As you enter on the ground floor level, you'll find a large and open kitchen and living space. The kitchen has been upgraded with granite countertops and newer appliances. New lighting and plumbing fixtures have been recently installed. Tile flooring is found throughout the ground level for easy maintenance. Multiple patio doors lead out from the living areas and master suite to enjoy the oceanfront outdoor space and covered patio. As you take the stairs to the upstairs level, the breathtaking ocean views will blow you away. Two master suites and living area have a prime viewing location for the beautiful Atlantic Ocean. All have access to the rear deck to take in the ocean breeze. The upper level also has a kitchen, dining, five bedrooms, and three baths. Both levels have additional flex space for more seating options or living space. This property has many other upgrades included. New furnishings have been added throughout. Bathrooms have been upgraded with newer vanities and some additional tile work has been completed. All bedrooms and living rooms have cable tv and mounted flat screen tvs. A new gabled roof was added in 2017, two tankless gas hot water heaters are approximately three years old and all three HVAC systems were new in the last three years. The exterior has low maintenance shake vinyl siding with vinyl replacement windows. For beach access, their is a private walkway connecting the rear deck to the oceanfront. There is also plenty of backyard outdoor space to enjoy lawn games. This home can be used as a great investment property or a secondary home for large families. All information is deemed reliable, buyer is responsible for all verification.

Last Agent to Sell the Property

Blanche Welborn

Latitude Realty License #95764 Listed on: 11/27/2020

Latitude Realty

Co-Listed By

Emily Welborn

Rowles Real Estate License #113825

Last Buyer's Agent

Jerred Roberts

Beach House Consultants, Inc. License #24626

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,859

Year Built

  • Built in 1955

Lot Details

  • 6,098 Sq Ft Lot
  • Ocean Front
  • Private Beach
  • Rectangular Lot

Parking

  • Driveway

Home Design

  • Stilt Home
  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,960 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Carpet
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Range with Range Hood
  • Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 6 Full Bathrooms
  • Single Vanity
  • Shower Only

Outdoor Features

  • Balcony
  • Deck
  • Patio

Location

  • Flood Zone Lot
  • East of US 17

Utilities

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

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,859

Year Built

Built in 1955

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Rectangular, Designated Flood Zone
  • Amenities Available: Seller Disclosure, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcyle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet, Private Beach Comm Access
  • Estimated Year Built: 1955
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan
  • Floor Cover: Tile, Carpeting
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Living Room Type: Ceiling Fan
  • Lvt Date: 11/27/2020
  • Sold Total Heated Sq Ft: 2960
  • Sold Total Sq Ft: 2960
  • Style: Raised Beach
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 2960
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Furnished
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Foyer
  • Primary Bathroom: Shower, Vanity
  • Kitchen Type: Range, Refrigerator, Microwave, Range Hood, Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 10
  • Full Bathrooms: 6
  • Levels: Two-Story
  • Total Sq Ft: 2960

Exterior Features

  • Exterior Features: Patio, Deck, Balcony, Insulated Doors/Windows
  • Exterior Finish: Wood Frame, Vinyl Siding
  • Foundation: Slab
  • Number Of Acres: 0.14

Garage/Parking

  • Type: Detached

Utilities

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

Schools

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

Lot Info

  • Lot Location: Oceanfront Lot, East Of Bus 17
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2020
Closed on
Mar 5, 2021
Sold by
Mast Horace M
Bought by
Perkin Anthony S and Perkin Theresa M
Seller's Agent
Blanche Welborn
Latitude Realty
Buyer's Agent
Jerred Roberts
Beach House Consultants, Inc.
List Price
$999,000
Sold Price
$870,000
Premium/Discount to List
-$129,000
-12.91%
Current Estimated Value
$2,347,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,477,372
Avg. Annual Appreciation
24.32%

Purchase Details

Closed on
Jun 17, 2010
Sold by
Bank Of Ny Mellon
Bought by
Mast Horace M

Purchase Details

Closed on
Sep 16, 2009
Sold by
Master In Equity Horry County
Bought by
Bank Of New York Mellon Trust

Purchase Details

Closed on
Nov 30, 2006
Sold by
The Hewes Group Lllp
Bought by
Hewes Francis W and Hewes Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,354,500
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2003
Sold by
Heniford Drake Davis and Vangreene Mickey
Bought by
The Hewes Group Lllp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$848,400
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2001
Sold by
Shea Ray Ronald Kip and Shea Ray Kimberly
Bought by
Tiger On The Shore Llc

Purchase Details

Closed on
Mar 7, 2000
Sold by
Ray Kimberly Shea
Bought by
Shea Ray Ronald Kip and Shea Ray Kimberly

Purchase Details

Closed on
Jun 16, 1998
Sold by
James Crawford Daryl and James Daryl J
Bought by
Ray Ronald W
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
Perkin Anthony S $870,000 --
Mast Horace M $651,000 --
Bank Of New York Mellon Trust $200,000 --
Hewes Francis W -- None Available
The Hewes Group Lllp $885,000 --
Heniford Drake Davis -- --
Tiger On The Shore Llc $455,000 --
Shea Ray Ronald Kip -- --
Ray Ronald W $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hewes Francis W $1,354,500
Previous Owner Heniford Drake Davis $848,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2021 03/09/21 Sold $870,000 -12.9% $294 / Sq Ft
11/27/2020 11/27/20 For Sale $999,000 -- $338 / 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 $33,859 $156,610 $74,970 $81,640
2023 $33,859 $52,839 $35,721 $17,118
2021 $11,817 $52,839 $35,721 $17,118
2020 $11,826 $52,839 $35,721 $17,118
2019 $11,408 $52,839 $35,721 $17,118
2018 $0 $46,071 $35,721 $10,350
2017 $10,449 $46,071 $35,721 $10,350
2016 $0 $46,071 $35,721 $10,350
2015 -- $46,071 $35,721 $10,350
2014 $10,025 $46,071 $35,721 $10,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2025051

Coastal Carolinas Association of REALTORS®

APN: 35501020224