NOT LISTED FOR SALE

Estimated Value: $151,000 - $183,000

1 Bed
1 Bath
451 Sq Ft
$250/mo HOA Fee

Last Sold June 02, 2017

Last sale price $77,000 $171 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,260/month

52 Days on Market

Highlights

  • Private Pool
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Combination Dining and Living Room
  • Ocean Drive Elementary School Rated A
  • Furnished
  • Ceiling Fan

About This Home

As of June 2017

Rare opportunity in Cherry Grove - Only used as a 2nd home & beach get-a-way being sold as a turn key with everything so just bring your bags. Cherry Bay is a former "Mom & Pop" hotel turned condo and still carries that unique beach appeal from yesteryear. Laid back and relaxed is the atmosphere here. You'll see the grounds, pool, pool deck, and buildings are very well maintained leading you right to this beautifully done 2nd floor end unit. A true turn key unit as this comes with everything! Full kitchen with a lot of storage, living area with pull out sleeper, new flat screen, beautifully done bathroom, and spacious bedroom give you enough space for 4 to really enjoy the space. Enjoy the seclusion in a tastefully upgraded condo only steps to the ocean! Close to all that the Grand Strand has to offer. Golf, shopping, dining, entertainment, shows, outlet malls, and of course the beach.

Last Agent to Sell the Property

Gregory Harrelson

Century 21 The Harrelson Group License #12838 Listed on: 04/03/2017

Century 21 The Harrelson Group

Co-Listed By

Brian Yager

Brand Name Real Estate License #89031

Last Buyer's Agent

Greg Sisson

The Ocean Forest Company License #26646

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,304

Year Built

  • Built in 1981

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 451 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

Pool

  • Private Pool

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, manager, legal and accounting, master antenna/cable TV, common maint/repair
  • Low-Rise Condominium

Amenities

  • Door to Door Trash Pickup

Recreation

  • Community Pool

Security

  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,304

Year Built

Built in 1981

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv
  • Estimated Year Built: 1981
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan
  • Floor Cover: Carpeting, Laminate, Vinyl
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Electric, Window/Wall Unit
  • Monthly HOA as Calculated: 250
  • HOA Management Company: Howard Brady 240-529-6566
  • Living Room Type: Ceiling Fan
  • Lvt Date: 04/03/2017
  • Sold Total Heated Sq Ft: 451
  • Sold Total Sq Ft: 451
  • Total Heated Sq Ft: 451
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: Inside City Limits
  • Exterior Unit Features: Pool-Outdoor Private, Insulated Doors/Windows, Storm Doors
  • HOA Fees include insurance: Yes
  • Project Section Code: Cherry Bay Condos
  • Which Floor: 02
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1981

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector, Furnished
  • Primary Bathroom: Shower, Tub
  • Kitchen Type: Refrigerator, Range, Microwave
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 451

Exterior Features

  • Exterior Finish: Wood Frame
  • Foundation: Slab

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, Manager, Legal And Accounting, 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: MF

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 3, 2017
Closed on
Jun 2, 2017
Sold by
Ritter Timothy M
Bought by
Broomell Michael K
Seller's Agent
Gregory Harrelson
Century 21 The Harrelson Group
Buyer's Agent
Greg Sisson
The Ocean Forest Company
List Price
$84,900
Sold Price
$77,000
Premium/Discount to List
-$7,900
-9.31%
Current Estimated Value
$161,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,625
Avg. Annual Appreciation
9.65%

Purchase Details

Closed on
Sep 24, 2004
Sold by
Roberts & Allen Development Co
Bought by
Ritter Timothy M and Amero Marie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
4.25%
Mortgage Type
Unknown
Source: Public Records

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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
Broomell Michael K $77,000 --
Ritter Timothy M $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ritter Timothy M $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2017 06/02/17 Sold $77,000 -9.3% $171 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $84,900 -- $188 / 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 $1,304 $10,290 $0 $10,290
2023 $1,304 $10,290 $0 $10,290
2021 $1,186 $10,290 $0 $10,290
2020 $1,173 $10,290 $0 $10,290
2019 $1,131 $10,290 $0 $10,290
2018 $0 $7,980 $0 $7,980
2017 $1,034 $4,560 $0 $4,560
2016 -- $7,980 $0 $7,980
2015 $1,025 $7,980 $0 $7,980
2014 $992 $4,560 $0 $4,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1707609

Coastal Carolinas Association of REALTORS®

APN: 35502010224