NOT LISTED FOR SALE

2602 N Ocean Blvd Unit "LIFE IS GOOD' North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $2,194,000 - $2,946,000

8 Beds
8.5 Baths
4,700 Sq Ft
$546/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $2,140,000 $455 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $15,925/month

789 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Main Floor Bedroom
  • Ocean Drive Elementary School Rated A
  • Recreation Room
  • 5-minute walk to Cherry Grove Oceanfront Park

About This Home

As of June 2016

What a view from this spacious 8 bedroom 8.5 bath with two Master suites Luxury home on the ocean front in Cherry Grove. It has 3 living levels and beautifully decorated and will sleep 26. It has a Gourmet Kitchen with a Viking stove and stainless steel appliances, granite countertops. It has heart pine hard wood floors, tile and has it's own pool and wooden walk way to the beach. It is only two years young and great rental history.

Last Agent to Sell the Property

Kim Stevens

Beach & Forest Realty North License #79433 Listed on: 04/10/2014

Last Buyer's Agent

Sandy Rainwater

CENTURY 21 Thomas Main Street License #23775

CENTURY 21 Thomas Main Street

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,402

Year Built

  • Built in 2012

Lot Details

  • Ocean Front
  • Irregular Lot

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Bi-Level Home
  • Raised Foundation
  • Wood Frame Construction
  • Tile

Interior Spaces

  • 4,700 Sq Ft Home
  • Furnished
  • Window Treatments
  • Insulated Doors
  • Recreation Room
  • Carpet
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Private Pool
  • Built-In Barbecue
  • Front Porch

Location

  • Flood Zone Lot

Utilities

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

Community Details

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,402

Year Built

Built in 2012

Lot Details

0

Parking

8

Listing Details

  • Lot Description: Irregular, Designated Flood Zone
  • Estimated Year Built: 2012
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Tile, Wood, Carpeting
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Sold Total Heated Sq Ft: 4700
  • Sold Total Sq Ft: 7800
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 8
  • Total Heated Sq Ft: 4700
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Furnished, Elevator-Interior
  • Other Rooms: Recreation Room, 1st Floor Bedrooms, 1st Floor Baths, Laundry/Utility
  • Bedrooms: 8
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 7800

Exterior Features

  • Exterior Features: Front Porch, Rear Porch, Pool-Outdoor Private, Insulated Doors/Windows, Built-In Bbq, Elevator-Exterior
  • Exterior Finish: Wood Frame
  • Foundation: Raised Beach

Garage/Parking

  • Type: Detached

Utilities

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

Schools

  • Elementary School: North Myrtle Beach Elementary - Inactive
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Lot Location: Oceanfront Lot
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2020
Sold by
Tropical Oasis Llc
Bought by
Grguric Michael R
Current Estimated Value
$2,567,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$458,713
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,139,271

Purchase Details

Listed on
Apr 10, 2014
Closed on
Jun 29, 2016
Sold by
Rykard David K
Bought by
Harrison Matthew R and Harrison Meghan R
Seller's Agent
Kim Stevens
Beach & Forest Realty North
Buyer's Agent
Sandy Rainwater
CENTURY 21 Thomas Main Street
List Price
$2,100,000
Sold Price
$2,140,000
Premium/Discount to List
$40,000
1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.12%

Purchase Details

Closed on
Sep 19, 2011
Sold by
Branch Banking & Trust Co
Bought by
Rykard David Kevin

Purchase Details

Closed on
Aug 17, 2010
Sold by
Master In Equity Horry County
Bought by
Branch Banking & Trust Co

Purchase Details

Closed on
Sep 30, 2005
Sold by
Somers Steven K and Somers Donna S
Bought by
Connor Mark W

Purchase Details

Closed on
Apr 1, 1999
Sold by
Harwell Ron
Bought by
Somers Steve K and Somers Donna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.08%
Mortgage Type
Unknown
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
Grguric Michael R $1,812,500 --
Harrison Matthew R $2,140,000 --
Rykard David Kevin $450,000 --
Branch Banking & Trust Co -- --
Connor Mark W $2,000,000 --
Somers Steve K $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grguric Michael R $510,000
Previous Owner Somers Steve K $240,000
Previous Owner Somers Steve K $158,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $2,140,000 +1.9% $455 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
04/10/2014 04/10/14 For Sale $2,100,000 -- $447 / 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 $28,402 $131,367 $70,380 $60,987
2023 $28,402 $122,002 $46,948 $75,054
2021 $27,609 $122,002 $46,948 $75,054
2020 $28,830 $128,820 $33,534 $95,286
2019 $27,812 $128,820 $33,534 $95,286
2018 $0 $126,036 $33,534 $92,502
2017 -- $126,036 $33,534 $92,502
2016 -- $64,782 $33,534 $31,248
2015 $14,563 $64,782 $33,534 $31,248
2014 $14,096 $64,782 $33,534 $31,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1406968

Coastal Carolinas Association of REALTORS®

APN: 35502010006