NOT LISTED FOR SALE

303 47th Ave N Unit Cherry Grove North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $912,000 - $978,000

3 Beds
4 Baths
2,396 Sq Ft
$393/Sq Ft Est. Value

Last Sold January 09, 2023

Last sale price $865,000 $361 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,355/month

103 Days on Market

Highlights

  • Floating Dock
  • Property fronts a channel
  • Solid Surface Countertops
  • Ocean Drive Elementary School Rated A
  • Deck
  • Formal Dining Room

About This Home

As of January 2023

This stunning 3 bedroom, 4 bath canal front home with ALL the bells and whistles, is definitely a one-of-a-kind jewel. Dining room can be converted to 4th bedroom. Home has composite decking and vinyl handrails for low-no maintenance. Approx 1000+ sq ft of new construction in 2022 with upgrades throughout interior and exterior including plumbing and electrical. Spacious living area with tall ceilings will flatter your open space desires when you enter the front entry door. Kitchen with tile backsplash and soild surface countertops boasts stainless steel appliances including gas cooktop and electric double ovens with ss hood, dishwasher, refrigerator and microwave. Home has 2, new Rinnai gas hot water heaters . Home is "move in ready," full of custom upgrades inside and outside. Each bedroom has bath with walk-in tiled shower, and one is accessible for guests without bedroom entry. Plantation blinds, tile and LVP flooring, new exterior and roof, ground level heated and cooled workshop and garage, are just a few features to mention. For the work-from-home buyer, behind the new sliding barn door is an awesome work space. Take a walk outside to enjoy the private fixed and floating dock for your water recreation. You will not believe the parking and entertaining area underneath! The large open deck on the main level has lots of room for the sun-lovers for soaking up the sun! Watch the sunset from the screened in rear porch with remote blinds. Just installed a New gutter system with french drain in place. Did I mention the grounds are all pavers and artificial turf? There is room in the rear to add your private swimming pool if you desire. This location is perfect for primary residence, second home or has potential to bring in rental income for the investor. Take a look at this remarkable property. You will want to make this coastal beauty yours! Proposed 9'X30'pool layout with spa available.

Last Agent to Sell the Property

Lynne Bryant

BH & G Elliott Coastal Living License #60552 Listed on: 08/19/2022

Co-Listed By

Tracy Bryant-Ray

BH & G Elliott Coastal Living License #95730

Last Buyer's Agent

Ryan Roark

RE/MAX Executive License #100647

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,905

Year Built

  • Built in 1958

Lot Details

  • 6,098 Sq Ft Lot
  • Property fronts a channel
  • Rectangular Lot

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Raised Foundation
  • Wood Frame Construction
  • Concrete Siding
  • Tile
  • Lead Paint Disclosure

Interior Spaces

  • 2,396 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Window Treatments
  • Formal Dining Room
  • Luxury Vinyl Tile Flooring
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Outdoor Features

  • Floating Dock
  • Deck
  • 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
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,905

Year Built

Built in 1958

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Rectangular, Designated Flood Zone
  • Four Sided Lot Measurement: 50x125x50x125
  • Estimated Year Built: 1958
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan
  • Floor Cover: Tile, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Lvt Date: 08/19/2022
  • Sold Total Heated Sq Ft: 2396
  • Sold Total Sq Ft: 3446
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 2396
  • Geo Subdivision: SC
  • Ground Floor Heated Sq Ft: 350
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection, Lead Based Paint Disclose
  • Primary Bathroom: Double Sink, Shower, Vanity
  • Kitchen Type: Range, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Range Hood, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 3
  • Dining Room Type: Formal, Area
  • Formal Dining: Yes
  • Full Bathrooms: 4
  • Levels: Single Level, One And One Half
  • Total Sq Ft: 3446

Exterior Features

  • Exterior Features: Deck, Front Porch, Rear Porch, Outside Storage Attached
  • Exterior Finish: Wood Frame, Concrete Fiber Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.14

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Gas, 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: On Channel, Inside City Limits, East Of Bus 17, Floating Dock, Channel View
  • Zoning: R

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
Aug 19, 2022
Closed on
Jan 5, 2023
Sold by
Kent Jeffrey Wilson
Bought by
Memories Made Here Llc
Seller's Agent
Lynne Bryant
BH & G Elliott Coastal Living
Buyer's Agent
Ryan Roark
RE/MAX Executive
List Price
$1,100,000
Sold Price
$865,000
Premium/Discount to List
-$235,000
-21.36%
Total Days on Market
103
Views
89
Current Estimated Value
$940,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,671
Avg. Annual Appreciation
3.56%
Original Mortgage
$550,000
Outstanding Balance
$323,828
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$616,843

Purchase Details

Closed on
Mar 29, 2019
Sold by
Deese Karen Brown
Bought by
Edwards Kent Jeffrey Wilson and Edwards Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2018
Sold by
Sherrill Karen B
Bought by
Deese Karen and Deese Larry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2001
Sold by
Downer Gary W and Downer Linda R
Bought by
Sherrill Karen Brown

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Memories Made Here Llc $865,000 --
Edwards Kent Jeffrey Wilson $575,000 --
Deese Karen -- --
Sherrill Karen Brown $208,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Memories Made Here Llc $550,000
Previous Owner Kent Jeffrey Wilson $342,500
Previous Owner Edwards Kent Jeffrey Wilson $345,600
Previous Owner -- $346,000
Previous Owner Sherrill Karen Brown $200,000
Previous Owner Sherrill Karen Brown $187,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2023 01/09/23 Sold $865,000 -7.0% $361 / Sq Ft
10/18/2022 10/18/22 Price Changed $929,999 -3.1% $388 / Sq Ft
09/12/2022 09/12/22 Price Changed $959,999 -4.0% $401 / Sq Ft
08/29/2022 08/29/22 Price Changed $999,999 -9.1% $417 / Sq Ft
08/19/2022 08/19/22 For Sale $1,100,000 -- $459 / 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 $12,905 $19,280 $8,080 $11,200
2023 $12,905 $19,280 $8,080 $11,200
2021 $2,136 $19,280 $8,080 $11,200
2020 $8,872 $28,920 $12,120 $16,800
2019 $7,996 $34,086 $12,120 $21,966
2018 $3,760 $12,868 $7,000 $5,868
2017 $3,735 $12,868 $7,000 $5,868
2016 -- $12,868 $7,000 $5,868
2015 $1,309 $12,868 $7,000 $5,868
2014 $4,200 $12,868 $7,000 $5,868
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2218825

Coastal Carolinas Association of REALTORS®

APN: 35113020005