NOT LISTED FOR SALE

Estimated Value: $1,775,000 - $1,979,000

9 Beds
5 Baths
3,800 Sq Ft
$498/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $1,815,000 $478 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $12,288/month

8 Days on Market

Highlights

  • Private Pool
  • Property is near a beach
  • Solid Surface Countertops
  • Ocean Drive Elementary School Rated A
  • Furnished
  • Stainless Steel Appliances

About This Home

As of May 2022

Welcome to the Atlantic Chill! Turn key vacation rental home just fifty yards to the oceanfront! Outstanding investment opportunity with a STELLAR rental history over the years. Prime location on 55th Avenue in Cherry Grove. The home is set up to sleep 26 guests in beds with nine bedrooms and five baths. Deep lot allowing for a substantial pool patio and large 32 X 15 pool. The home was fully renovated in 2015 and went through a tremendous transformation. Both kitchens and all bathrooms were gutted; new plumbing and electrical added along with tiled showers, glass enclosures, new vanities and countertops. Both kitchens had all cabinetry replaced, new granite countertops and stainless appliances. Ceiling fans in all bedrooms and living areas were added. New plumbing fixtures and recessed lighting were added throughout. The home comes fully furnished with everything you see including all appliances and electronics. All exterior siding was replaced in 2020 with Hardi plank and the exterior was re-insulated with special house wrap. Most recently, all flooring was replaced with a white washed luxury vinyl plank allowing for a low maintenance, waterproof surface. The home has lots of charm with tongue and groove paneling and ceiling treatment throughout. Exterior Ring camera, wifi thermostats and door locks make it easy to manage from a distance. On the ground level a locked owners storage is available that also houses the two water heaters for the home. Just adjacent is a locked laundry facility for guests with an upgraded LG washer and dryer. The home can be used as one single home OR as duplex units with one upstairs and one down. Each level has it's own private entrance with an adjoining interior staircase that can be locked off. Two kitchens and two living areas make this home a great vacation rental. The lot is substantially deep allowing for a large pool and surrounding paver patio. The patio dining sets have just been replaced with Polywood for added durability. All exterior decking and pergolas are composite with vinyl railing for low maintenance. The Atlantic Chill is a very popular home with guests and is in high demand year round demanding TOP rental rates! Do not miss this opportunity to take your investment portfolio to the next level! 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: 04/21/2022

Latitude Realty

Co-Listed By

Emily Welborn

Rowles Real Estate License #113825

Last Buyer's Agent

Linda Bocchino

INNOVATE Real Estate License #58710

INNOVATE Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,050

Year Built

  • Built in 1965

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced
  • Rectangular Lot

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Bi-Level Home
  • Raised Foundation
  • Concrete Siding
  • Tile
  • Lead Paint Disclosure

Interior Spaces

  • 3,800 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Luxury Vinyl Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Private Pool
  • Property is near a beach
  • Front Porch

Location

  • Flood Zone Lot
  • East of US 17

Schools

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

Utilities

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

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,050

Year Built

Built in 1965

Lot Details

0

Parking

8

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
  • Estimated Year Built: 1965
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Tile, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Living Room Type: Ceiling Fan
  • Lvt Date: 04/21/2022
  • Sold Total Heated Sq Ft: 3800
  • Sold Total Sq Ft: 4200
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 8
  • Total Heated Sq Ft: 3800
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Furnished, Lead Based Paint Disclose
  • Other Rooms: Foyer, Laundry/Utility
  • Primary Bathroom: Double Sink, Shower, Vanity
  • Kitchen Type: Range, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Pantry, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 9
  • Dining Room Type: Area, Kit/Dr Combo
  • Full Bathrooms: 5
  • Levels: Two-Story
  • Total Sq Ft: 4200

Exterior Features

  • Exterior Features: Front Porch, Fencing, Pool-Outdoor Private, Outside Storage Attached, Insulated Doors/Windows
  • Exterior Finish: Concrete Fiber Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.17

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • 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: Inside City Limits, East Of Bus 17, Second Row Beach, East Of Highway 17 Bypass
  • Zoning: RES

Rental Info

  • Gross Rental Income: 230000

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 21, 2022
Closed on
May 31, 2022
Sold by
Bungalow 209 Llc
Bought by
Daniel P Hughes Holdings Llc
Seller's Agent
Blanche Welborn
Latitude Realty
Buyer's Agent
Linda Bocchino
INNOVATE Real Estate
List Price
$1,999,000
Sold Price
$1,815,000
Premium/Discount to List
-$184,000
-9.2%
Current Estimated Value
$1,891,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,053
Avg. Annual Appreciation
-1.52%

Purchase Details

Closed on
Aug 31, 2016
Sold by
Welborn James C
Bought by
Bungalow 209 Llc

Purchase Details

Listed on
Apr 23, 2014
Closed on
Jul 28, 2014
Sold by
Gaskin Hazel T and Revocable Trust Agreement Of H
Bought by
Welborn James Christopher and Welborn Blanche Glenn
Seller's Agent
Matt Becker
BH & G Elliott Coastal Living
Buyer's Agent
Matt Becker
BH & G Elliott Coastal Living
List Price
$465,000
Sold Price
$386,000
Premium/Discount to List
-$79,000
-16.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.47%

Purchase Details

Closed on
Mar 13, 2000
Sold by
Seidlitz Lon A and Seidlitz Terry A
Bought by
Gaskin Hazel
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
Daniel P Hughes Holdings Llc $1,815,000 --
Bungalow 209 Llc -- --
Welborn James Christopher $365,000 --
Gaskin Hazel $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bungalow 209 Llc $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $1,815,000 -9.2% $478 / Sq Ft
04/21/2022 04/21/22 For Sale $1,999,000 +417.9% $526 / Sq Ft
08/01/2014 08/01/14 Sold $386,000 -17.0% $97 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $465,000 -- $116 / 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 $24,050 $111,244 $27,000 $84,244
2023 $24,050 $19,280 $13,802 $5,478
2021 $4,363 $19,280 $13,802 $5,478
2020 $4,315 $19,280 $13,802 $5,478
2019 $4,163 $19,280 $13,802 $5,478
2018 $0 $20,996 $12,002 $8,994
2017 -- $20,996 $12,002 $8,994
2016 -- $20,996 $12,002 $8,994
2015 $4,721 $20,996 $12,002 $8,994
2014 -- $19,490 $12,002 $7,488
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2208493

Coastal Carolinas Association of REALTORS®

APN: 35209030352