NOT LISTED FOR SALE

305 61st Ave N Unit 305 61st Ave N North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $526,000 - $635,000

2 Beds
2 Baths
1,300 Sq Ft
$459/Sq Ft Est. Value

Last Sold September 01, 2016

Last sale price $195,000 $150 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $3,635/month

14 Days on Market

Highlights

  • Property fronts a channel
  • Creek On Lot
  • Central Heating and Cooling System
  • Ocean Drive Elementary School Rated A

About This Home

As of September 2016

The Cherry Grove channels are unique and very desirable! Here is an opportunity to own one of the limited number of channel homes at an affordable amount. This is an original Cherry Grove channel house that was built in the 1970's and in the same family for generations. It has never been offered for sale or rentals. With some TLC, it can be enjoyed for many more years or a great location to build a new home. LOCATION... LOCATION... LOCATION!!! JUST STEPS TO THE WHITE SANDY BEACH AND SPARKLING ATLANTIC OCEAN. THIS RAISED BEACH HOUSE IS LOCATED IN THE HEART OF THE CHERRY GROVE CHANNELS ON A SALTWATER CHANNEL CONNECTING TO HOG INLET, THE MAIN CHANNEL, NATURE PARK AND BOAT RAMP AT 53RD AVE N, ESTUARIES, AND MARSHES. RIGHT FROM YOU OWN BACKYARD YOU CAN FISH, CRAB, SHRIMP, KAYAK, OR SIT IN THE QUIET AND RELAX WATCHING PELICANS, EGRETS, AND FASCINATING WILDLIFE. THIS BEACH HOUSE IS IN THE VERY DESIRABLE NORTH END OF THE AWESOME CHERRY GROVE CHANNEL SECTION OF NORTH MYRTLE BEACH. ESCAPE TO THE TROPICAL ATMOSPHERE AND OCEAN BREEZE. CLOSE TO HWY 31, HWY 22, HWY 17, AND HWY 9. THE WHITE, SANDY BEACH OF THE ATLANTIC OCEAN, MARINAS, FISHING PIER, AMUSEMENTS, GOLF, DINING, SHOPPING, HERITAGE SHORES NATURE PARK AND BOAT LANDING, MUSIC AND THEATER ENTERTAINMENT AND ALL THE GRAND STRAND AND MYRTLE BEACH OFFER ARE WITHIN MINUTES OF THIS CHERRY GROVE BEACH HOUSE!

Last Agent to Sell the Property

Shawn Seddinger

Grand Strand Real Estate License #25892 Listed on: 07/15/2016

Last Buyer's Agent

Tim Arnold

Grand Strand Homes & Land License #85389

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,682

Year Built

  • Built in 1971

Lot Details

  • 6,098

Parking

  • Tuck Under Parking

Home Design

  • 1,300 Sq Ft Home
  • Stilt Home
  • Raised Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Creek On Lot
  • Property fronts a channel
  • East of US 17
  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,682

Year Built

Built in 1971

Lot Details

0

Parking

6

Listing Details

  • Estimated Year Built: 1971
  • Class: Residential
  • Construction Status: Resale
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat
  • Lvt Date: 07/15/2016
  • Sold Total Heated Sq Ft: 1300
  • Sold Total Sq Ft: 1500
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 1300
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1500

Exterior Features

  • Foundation: Raised Beach

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

  • Lot Location: On Channel, On Inlet/Creek, Inside City Limits, East Of Bus 17
  • Zoning: res

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
Jul 15, 2016
Closed on
Aug 31, 2016
Sold by
Henderson Kae D
Bought by
Price Cristina G
Seller's Agent
Shawn Seddinger
Grand Strand Real Estate
Buyer's Agent
Tim Arnold
Grand Strand Homes & Land
List Price
$224,900
Sold Price
$195,000
Premium/Discount to List
-$29,900
-13.29%
Current Estimated Value
$596,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,066
Avg. Annual Appreciation
12.98%
Original Mortgage
$165,750
Outstanding Balance
$133,946
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$456,756

Purchase Details

Closed on
Nov 2, 2015
Sold by
Mitchell Mary B
Bought by
Henderson Kae D
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
Price Cristina G $195,000 --
Henderson Kae D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Cristina G $165,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2016 09/01/16 Sold $195,000 -13.3% $150 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $224,900 -- $173 / 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 $5,682 $33,252 $27,600 $5,652
2023 $5,682 $15,077 $12,075 $3,002
2021 $3,413 $15,876 $12,120 $3,756
2020 $5,775 $15,876 $12,120 $3,756
2019 $5,656 $15,876 $12,120 $3,756
2018 $0 $13,110 $10,500 $2,610
2017 $5,373 $13,110 $10,500 $2,610
2016 -- $13,188 $10,500 $2,688
2015 $2,965 $13,188 $10,500 $2,688
2014 $2,870 $13,188 $10,500 $2,688
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1614565

Coastal Carolinas Association of REALTORS®

APN: 35210010056