Seller's Agent in 2019
Blanche Welborn
Latitude Realty
(757) 567-5607
61 in this area
149 Total Sales
308 55th Ave N North Myrtle Beach, SC 29582
Cherry Grove NeighborhoodEstimated Value: $769,000 - $1,007,000
4
Beds
3
Baths
3,350
Sq Ft
$268/Sq Ft
Est. Value
Highlights
- Boat Dock
- Second Garage
- Deck
- Ocean Drive Elementary School Rated A
- Property fronts a channel
- Front Porch
About This Home
As of November 2019Fantastic two story raised beach home in the popular CHERRY GROVE section of North Myrtle Beach located directly on the channel! This private beach home features a spacious floor plan with 3200 SF; four bedrooms and three baths. Large kitchen overlooks the channel and opens to a window filled Carolina room with adjacent deck. Three bedrooms and two bath are on the main floor; one with built in bunk beds. Tongue and groove paneling is throughout with beam accented ceilings for a true coastal feel. A large living room with fireplace completes the first floor providing a perfect place for guests or family to gather. The second floor is a private owners suite with vaulted ceilings, private balcony, fireplace and a HUGE master bath with a jacuzzi tub that can accommodate four. Take advantage of outdoor living with this home. The backyard has plenty of room for a pool addition and the owners have recently installed a new deck over the channel, floating dock and aluminum ramp. The ground floor of this property is fully enclosed with storage areas and garage space to house golf carts and beach toys. Paved parking can accommodate four to six vehicles. This home can be used as a primary or secondary residence. It would also make a FANTASTIC rental property with great returns on your investment.
Last Agent to Sell the Property
Latitude Realty License #95764 Listed on: 03/06/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,744
Year Built
- Built in 1982
Lot Details
- 9,148 Sq Ft Lot
- Property fronts a channel
- Rectangular Lot
Parking
- Garage
- Second Garage
- Driveway
Home Design
- Stilt Home
- Bi-Level Home
- Raised Foundation
- Vinyl Siding
Interior Spaces
- 3,350 Sq Ft Home
- Ceiling Fan
- Insulated Doors
- Range
- Washer and Dryer Hookup
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
- Single Vanity
- Garden Bath
Outdoor Features
- Floating Dock
- Deck
- Front Porch
Location
- Flood Zone Lot
Schools
- Ocean Drive Elementary School
- North Myrtle Beach Middle School
- North Myrtle Beach High School
Utilities
- Central Heating and Cooling System
- Water Heater
- Cable TV Available
Community Details
Overview
- The community has rules related to allowable golf cart usage in the community
Recreation
- Boat Dock
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2019
Closed on
Nov 4, 2019
Sold by
Price Betty C
Bought by
Kennedy Robert D
Seller's Agent
Blanche Welborn
Latitude Realty
Buyer's Agent
Greg Sisson
The Ocean Forest Company
List Price
$429,000
Sold Price
$390,000
Premium/Discount to List
-$39,000
-9.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,364
Avg. Annual Appreciation
15.14%
Original Mortgage
$116,000
Outstanding Balance
$102,578
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$792,150
Purchase Details
Closed on
Aug 11, 2011
Sold by
Trundy Thedis A
Bought by
Price Betty C
Purchase Details
Closed on
Aug 10, 2011
Sold by
Trundy Richard Thomas
Bought by
Trundy Thedis A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kennedy Robert D | $390,000 | -- | |
| Price Betty C | $300,000 | -- | |
| Trundy Thedis A | -- | -- | |
| Trundy Thedis A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kennedy Robert D | $116,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/04/2019 11/04/19 | Sold | $390,000 | -2.3% | $116 / Sq Ft |
| 08/22/2019 08/22/19 | Price Changed | $399,000 | -2.4% | $119 / Sq Ft |
| 05/20/2019 05/20/19 | Price Changed | $409,000 | -2.4% | $122 / Sq Ft |
| 04/09/2019 04/09/19 | Price Changed | $419,000 | -2.3% | $125 / Sq Ft |
| 03/06/2019 03/06/19 | For Sale | $429,000 | -- | $128 / Sq Ft |
Source: Coastal Carolinas Association of REALTORS®
Tax History Compared to Growth
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 | $7,744 | $46,060 | $27,600 | $18,460 |
| 2023 | $7,744 | $24,210 | $12,120 | $12,090 |
| 2021 | $5,479 | $24,210 | $12,120 | $12,090 |
| 2020 | $7,818 | $24,210 | $12,120 | $12,090 |
| 2019 | $7,541 | $17,048 | $8,080 | $8,968 |
| 2018 | $7,136 | $14,896 | $7,000 | $7,896 |
| 2017 | $7,095 | $14,896 | $7,000 | $7,896 |
| 2016 | -- | $14,896 | $7,000 | $7,896 |
| 2015 | $4,653 | $14,896 | $7,000 | $7,896 |
| 2014 | $4,504 | $14,896 | $7,000 | $7,896 |
Source: Public Records
Agents Affiliated with this Home
-
Blanche Welborn
-
Greg Sisson
Buyer's Agent in 2019
Greg Sisson
The Ocean Forest Company
(843) 420-1303
41 in this area
1,667 Total Sales
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 1905214
APN: 35209030371
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.
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