NOT LISTED FOR SALE

3102 N Ocean Blvd Unit Cherry Grove North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $1,913,000 - $2,516,000

8 Beds
7.5 Baths
4,501 Sq Ft
$507/Sq Ft Est. Value

Last Sold May 08, 2018

Last sale price $1,000,000 $222 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $13,480/month

412 Days on Market

Highlights

  • Ocean Front
  • Home Theater
  • Deck
  • Ocean Drive Elementary School Rated A
  • Private Pool
  • Furnished

About This Home

As of May 2018

MOTIVATED SELLER! BRING OFFERS! Welcome to "Sandy Paws and Feet" the ultimate beach vacation rental property! Year after year this home has represented the quintessential lifestyle of everything you could ask for in an "Oceanfront home" in Cherry Grove. This three story property with elevator can be rented by the week and has great rental income. This home has positioned itself with a unique niche that very few, if any, allow in its weekly rentals; the current owner not only allows renters to bring their pets, but encourages it! This has commanded high demand with repeat business ensuring consistent rental income. With 8 bedrooms and 7.5 bathrooms, this expansive home will easily sleep 36 people. With three large oceanfront decks and spacious living space there are endless possibilities for family reunions, golf groups, or even weddings. Freshly painted & pool replaced, Spring 2018. Sold completely furnished, the interior features tile flooring throughout (perfect for pets), a well equipped kitchen on the bottom floor, two efficiency kitchens on the upper floors, three separate laundry rooms (one on each floor), brand new drapes, fitness equipment, a library, a chalkboard wall in one of the bedrooms for creative fun, and the entire top floor is golf themed. This home boast an elevator from the bottom to the top, a fenced area perfect for pets, and a nice size swimming pool. Only a short walk to Cherry Grove Pier, ice cream parlors, restaurants, and Boulinous Grocery. Convenient to golf courses, entertainment, and the popular North Myrtle Beach clubs for all the Shag dancing enthusiast. (All measurements are approximate and not guaranteed) New HVAC System and dishwasher installed 2015.

Last Agent to Sell the Property

Ryan Korros

RE/MAX Southern Shores License #44100 Listed on: 02/22/2017

RE/MAX Southern Shores

Last Buyer's Agent

David Levy

Beach & Forest Realty License #80072

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,117

Year Built

  • Built in 2003

Lot Details

  • Ocean Front
  • Fenced
  • Property is zoned R4

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Raised Foundation
  • Wood Frame Construction
  • Tile

Interior Spaces

  • 4,501 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Insulated Doors
  • Entrance Foyer
  • Home Theater
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Shower Only

Outdoor Features

  • Private Pool
  • Balcony
  • Deck
  • Patio
  • Front Porch

Location

  • Outside City Limits

Schools

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

Utilities

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

Community Details

  • The community has rules related to fencing

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,117

Year Built

Built in 2003

Lot Details

0

Parking

10

Listing Details

  • Estimated Year Built: 2003
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan
  • Floor Cover: Tile
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Lvt Date: 02/22/2017
  • Sold Total Heated Sq Ft: 4501
  • Sold Total Sq Ft: 8201
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 10
  • Total Heated Sq Ft: 4501
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Furnished: Yes
  • Interior Amenities: Furnished, Elevator-Interior
  • Other Rooms: Foyer, Laundry/Utility, Media Room
  • Primary Bathroom: Shower
  • Kitchen Type: Breakfast Bar, Dishwasher, Microwave, Refrigerator, Range
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 8
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Levels: Three Or More
  • Total Sq Ft: 8201

Exterior Features

  • Exterior Features: Patio, Deck, Balcony, Front Porch, Rear Porch, Fencing, Pool-Outdoor Private, Insulated Doors/Windows
  • Exterior Finish: Wood Frame
  • Foundation: Raised Beach

Garage/Parking

  • Type: Detached

Utilities

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

Schools

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

Lot Info

  • Lot Location: Oceanfront Lot, Outside City Limits
  • Zoning: R4

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

Closed on
Oct 30, 2024
Sold by
Hilton Joseph
Bought by
Hilton Joseph Tr and Hilton Leticia Tr
Current Estimated Value
$2,282,534

Purchase Details

Listed on
Feb 22, 2017
Closed on
May 10, 2018
Sold by
Dpm Development Llc
Bought by
Joseph Hilton
Seller's Agent
Ryan Korros
RE/MAX Southern Shores
Buyer's Agent
David Levy
Beach & Forest Realty
List Price
$1,330,000
Sold Price
$1,000,000
Premium/Discount to List
-$330,000
-24.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%

Purchase Details

Closed on
Jan 23, 2003
Sold by
Mcelwee Dorothy P
Bought by
Dpm Development Llc

Purchase Details

Closed on
Dec 31, 2002
Sold by
Bartley Ray M and Bartley Kathy M
Bought by
Mcelwee Dorothy P
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
Hilton Joseph Tr -- --
Joseph Hilton $1,000,000 --
Dpm Development Llc -- --
Mcelwee Dorothy P $500,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2018 05/08/18 Sold $1,000,000 -16.7% $222 / Sq Ft
03/01/2018 03/01/18 Price Changed $1,200,000 -9.8% $267 / Sq Ft
02/22/2017 02/22/17 For Sale $1,330,000 -- $295 / 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 $17,117 $127,211 $74,970 $52,241
2023 $17,117 $67,419 $35,721 $31,698
2021 $15,578 $67,419 $35,721 $31,698
2020 $15,089 $44,946 $23,814 $21,132
2019 $14,556 $44,946 $23,814 $21,132
2018 $13,769 $40,122 $23,814 $16,308
2017 $13,649 $60,183 $35,721 $24,462
2016 -- $60,183 $35,721 $24,462
2015 $13,528 $60,183 $35,721 $24,462
2014 $13,097 $60,183 $35,721 $24,462
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1704254

Coastal Carolinas Association of REALTORS®

APN: 35502020067