$88,500
SOLD FEB 20, 2020
1 Bed
1 Bath
450 Sq Ft
$250/mo HOA Fee

Recently Sold

$197 Per Sq Ft

23% Below List Price

261 Days on Market

Highlights

  • Private Pool
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Furnished
  • Ocean Drive Elementary School Rated A
  • Corner Lot
  • Front Porch

About This Home

As of May 2023

LOCATION, LOCATION, LOCATION!! Enjoy the ocean breeze sitting on the front porch or relaxing on the sofa in this ADORABLE 2nd floor Cherry Bay condo, located directly across the street from the ocean in sought after Cherry Grove Beach. This extremely well maintained unit is fully furnished and move-in ready with a queen-sized bed and queen-size futon sleeper sofa easily sleeps 4. Steps away from the beach! For an investor or someone just wanting a "place at the beach" for a little R&R, or both!!

Last Agent to Sell the Property

Patty Cox

CENTURY 21 Thomas License #73946 Listed on: 04/30/2019

CENTURY 21 Thomas

Last Buyer's Agent

Leah Haywood

BH & G Elliott Coastal Living License #91814

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,972

Year Built

  • Built in 1950

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Wood Siding

Interior Spaces

  • 450 Sq Ft Home
  • Furnished
  • Ceiling Fan

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Private Pool
  • Front Porch

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, pool service, landscape/lawn, insurance, master antenna/cable TV, common maint/repair
  • Low-Rise Condominium

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,972

Year Built

Built in 1950

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Lot Description: Corner
  • Amenities Available: Pool-Outdoor Community, Owner Allowed Pet, Short Term Rental Allowed, Long Term Rental Allowed
  • Estimated Year Built: 1950
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • HOA Fee Frequency: Quarterly
  • Heating And Cooling: Window/Wall Unit
  • Monthly HOA as Calculated: 250
  • HOA Management Company: Jimmy Frizzelle 252-902-4055
  • Living Room Type: Ceiling Fan
  • Lvt Date: 04/30/2019
  • Sold Total Heated Sq Ft: 450
  • Sold Total Sq Ft: 450
  • Total Heated Sq Ft: 450
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: Oceanview-Building, Inside City Limits, East Of Bus 17, Second Row Beach
  • Exterior Unit Features: Front Porch, Pool-Outdoor Private, Storm Doors
  • HOA Fees include insurance: Yes
  • Project Section Code: Cherry Bay Condos
  • Rental Mgmt Contract: Yes
  • Which Floor: 02
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1950

Interior Features

  • Furnished: Yes
  • Interior Amenities: Furnished
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Microwave, Refrigerator, Range Hood, Range
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 450

Exterior Features

  • Exterior Finish: Wood Siding

Garage/Parking

  • Type: Condo
  • Parking: Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Pool Service, Landscape/Lawn, Insurance, Master Antenna/Cable Tv, Common Maint/Repair

Schools

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

Lot Info

  • Zoning: R4

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
Apr 6, 2023
Closed on
May 8, 2023
Sold by
Holtsclaw Timothy
Bought by
Obrien Frederick G
Seller's Agent
Brittany Foy Associates
Foy Realty
Buyer's Agent
Kristen Lundy
RE/MAX Southern Shores NMB
List Price
$169,000
Sold Price
$160,000
Premium/Discount to List
-$9,000
-5.33%
Views
43
Current Estimated Value
$161,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,247
Avg. Annual Appreciation
0.39%
Original Mortgage
$112,500
Outstanding Balance
$109,908
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$51,470

Purchase Details

Listed on
Apr 30, 2019
Closed on
Feb 19, 2020
Sold by
Ferrara Stephen J
Bought by
Holtsclaw Timothy
Seller's Agent
Patty Cox
CENTURY 21 Thomas
Buyer's Agent
Leah Haywood
BH & G Elliott Coastal Living
List Price
$115,000
Sold Price
$88,500
Premium/Discount to List
-$26,500
-23.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.12%
Original Mortgage
$88,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2004
Sold by
Roberts & Allen Development Co Llc
Bought by
Ferrara Stephen J and Ferrara Jacqueline
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $160,000 --
Warranty Deed $88,500 --
Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,500 New Conventional
Previous Owner $88,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $160,000 -5.3% $400 / Sq Ft
04/06/2023 04/06/23 For Sale $169,000 +91.0% $423 / Sq Ft
02/20/2020 02/20/20 Sold $88,500 -11.5% $197 / Sq Ft
10/26/2019 10/26/19 Price Changed $100,000 -9.1% $222 / Sq Ft
09/28/2019 09/28/19 Price Changed $110,000 -4.3% $244 / Sq Ft
04/30/2019 04/30/19 For Sale $115,000 -- $256 / 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 $1,972 $8,925 $0 $8,925
2023 $1,972 $8,925 $0 $8,925
2021 $1,154 $8,925 $0 $8,925
2020 $1,128 $10,290 $0 $10,290
2019 $1,088 $10,290 $0 $10,290
2018 $0 $7,665 $0 $7,665
2017 -- $4,380 $0 $4,380
2016 -- $4,380 $0 $4,380
2015 $985 $7,665 $0 $7,665
2014 $953 $4,380 $0 $4,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1909587

Coastal Carolinas Association of REALTORS®

APN: 35502020017