NOT LISTED FOR SALE

305 47th Ave N Unit Cherry Grove Beach North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $666,459 - $859,000

5 Beds
4 Baths
1,900 Sq Ft
$389/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $467,500 $246 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,915/month

145 Days on Market

About This Home

As of September 2021

Located in walking distance ,only one and a half block away from the Ocean in Cherry Grove Beach ,SC. This Unique Raised Beach Home features two full stories, 3 bedrooms and 2 full baths on the first floor and 2 bedrooms and 2 baths on the second floor,2 full kitchens, living room and front and back porch / patio area on each level. The house is sited on the water channel with a private Boat ramp (very rare) and brand new Dock for all the entertainments, fishing ,kayaking or simply enjoying cup of coffee on it. Great Investment Opportunity -the home is divided as a Duplex and has 2 separate entrances on both floors from the front and the back of the house. There are many options with this property to use the entire home with plenty of privacy for everyone to enjoy the Beach / Vacation lifestyle ,rent both floors ,or use one level for personal use and rent the other level to cover the expenses. Selling the home fully FURNISHED.

Last Agent to Sell the Property

Nora Rumbaugh

Realty ONE Group Dockside License #115323 Listed on: 04/10/2021

Realty ONE Group Dockside

Last Buyer's Agent

Sylvia Hickman

CENTURY 21 Broadhurst License #111778

CENTURY 21 Broadhurst

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,162

Year Built

  • Built in 1970

Lot Details

  • 6,098 Sq Ft Lot
  • Property is zoned AE

Parking

  • Driveway

Home Design

  • Stilt Home

Interior Spaces

  • 1,900 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,162

Year Built

Built in 1970

Lot Details

0

Parking

4

Listing Details

  • Four Sided Lot Measurement: 51 x 129 x 51 x 129
  • Estimated Year Built: 1970
  • Class: Residential
  • Construction Status: Resale
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 04/10/2021
  • Sold Total Heated Sq Ft: 1900
  • Sold Total Sq Ft: 2300
  • Style: Raised Beach
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 1900
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Furnished: Yes
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Total Sq Ft: 2300

Exterior Features

  • Number Of Acres: 0.14

Garage/Parking

  • Type: Detached

Schools

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

Lot Info

  • Zoning: AE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2021
Closed on
Sep 1, 2021
Sold by
Galasetti Simmons Linda A
Bought by
Garrett Capital Investments Llc
Seller's Agent
Nora Rumbaugh
Realty ONE Group Dockside
Buyer's Agent
Sylvia Hickman
CENTURY 21 Broadhurst
List Price
$499,000
Sold Price
$467,500
Premium/Discount to List
-$31,500
-6.31%
Total Days on Market
145
Current Estimated Value
$739,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,865
Avg. Annual Appreciation
13.04%

Purchase Details

Closed on
Apr 8, 2005
Sold by
Gendron Mills Monique C
Bought by
Mills Paul D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,960
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 4, 2005
Sold by
Fox John
Bought by
Fox John and Fox Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,960
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 31, 2004
Sold by
Brown Robert S and Bell Dawn Marie
Bought by
Mills Paul D and Gendron Mills Monique C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2002
Sold by
Atkinson Grady and Atkinson Jacklyn B
Bought by
Brown Robert S and Bell Dawn Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7%
Mortgage Type
Unknown
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
Garrett Capital Investments Llc $467,500 --
Mills Paul D -- --
Fox John -- --
Mills Paul D $245,000 --
Brown Robert S $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrett Capital Investments $530,000
Previous Owner Mills Paul D $197,960
Previous Owner Mills Paul D $196,000
Previous Owner Bell Wayne $165,000
Previous Owner Brown Robert S $32,000
Previous Owner Brown Robert S $127,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $467,500 -4.6% $246 / Sq Ft
05/17/2021 05/17/21 Price Changed $489,900 -1.8% $258 / Sq Ft
04/10/2021 04/10/21 For Sale $499,000 -- $263 / 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 $9,162 $19,837 $12,096 $7,741
2023 $9,162 $19,837 $12,096 $7,741
2021 $6,769 $19,902 $12,120 $7,782
2020 $6,840 $34,829 $21,210 $13,619
2019 $6,683 $19,902 $12,120 $7,782
2018 $0 $17,754 $10,500 $7,254
2017 $6,312 $17,754 $10,500 $7,254
2016 $0 $17,754 $10,500 $7,254
2015 -- $17,754 $10,500 $7,254
2014 $3,754 $17,754 $10,500 $7,254
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2107861

Coastal Carolinas Association of REALTORS®

APN: 35113020006