NOT LISTED FOR SALE

Estimated Value: $976,000 - $1,213,385

9 Beds
5 Baths
2,464 Sq Ft
$457/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $885,000 $359 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,334/month

122 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Rectangular Lot
  • Ocean Drive Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of February 2024

Discover the potential of this remarkable beachfront property that offers three separate units, each with its own unique charm and breathtaking views of the Atlantic Ocean. Located in the highly sought-after Cherry Grove, this property is your ticket to a lucrative long or short-term rental venture. Unit 1, located on the ground level, has 2 bedrooms, 1 bathroom and the beach right outside your doorstep. Unit 2, located on the second level, has 4 bedrooms, 2 bathrooms and an expansive private porch for savoring the coastal ambiance. Unit 3, located on the third level, has 3 bedrooms, 2 bathrooms and astonishing vistas of the Atlantic. Whether you're an investor or looking for a beachfront paradise to call your own, this property offers endless possibilities. Additionally, on the ground level, you'll find a convenient laundry room for all 3 units to utilize. With a little imagination and tender loving care (TLC), you can transform this Sold AS-IS property into a dream retreat. Don't miss out on this once-in-a-lifetime opportunity to own a piece of paradise on the beach and not far from all the attractions North Myrtle Beach has to offer. Act now and turn your dreams into reality!

Last Agent to Sell the Property

Moshe Ben-ezra

Dargan Real Estate License #100596 Listed on: 11/02/2023

Last Buyer's Agent

Beth Tindall

SC Coast Homes and Land LLC License #25998

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,611

Year Built

  • Built in 1978

Lot Details

  • 6,534 Sq Ft Lot
  • Ocean Front
  • Rectangular Lot

Parking

  • Driveway

Home Design

  • Stilt Home
  • Bi-Level Home
  • Vinyl Siding

Interior Spaces

  • 2,464 Sq Ft Home
  • Furnished
  • Microwave

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

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
  • Underground Utilities
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • The community has rules related to allowable golf cart usage in the community

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,611

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Lot Description: Designated Flood Zone, Rectangular
  • Amenities Available: Seller Disclosure, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 1978
  • Class: Residential
  • Construction Status: Resale
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Lvt Date: 11/02/2023
  • Sold Total Heated Sq Ft: 2464
  • Sold Total Sq Ft: 3600
  • Style: Raised Beach
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 2464
  • Geo Subdivision: SC
  • Ground Floor Heated Sq Ft: 600
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Furnished: Yes
  • Primary Bathroom: Tub/Shower Combo
  • Kitchen Type: Microwave
  • Bedrooms: 9
  • Full Bathrooms: 5
  • Levels: Two-Story
  • Total Sq Ft: 3600

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Number Of Acres: 0.15

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Underground Utilities, 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, 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
Nov 2, 2023
Closed on
Feb 20, 2024
Sold by
Num 3106 N Ocean Blvd Llc
Bought by
Lomeli Rigoberto O and De Leon Lliana
Seller's Agent
Moshe Ben-ezra
Dargan Real Estate
Buyer's Agent
Beth Tindall
SC Coast Homes and Land LLC
List Price
$1,050,000
Sold Price
$885,000
Premium/Discount to List
-$165,000
-15.71%
Views
149
Current Estimated Value
$1,126,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,795
Avg. Annual Appreciation
19.26%

Purchase Details

Listed on
May 25, 2022
Closed on
Jan 30, 2023
Sold by
Eskander Julia K
Bought by
Num 3106 N Ocean Blvd Llc
Seller's Agent
Paige Bird
RE/MAX Southern Shores
Buyer's Agent
Russell Auth
Century 21 Palms Realty
List Price
$1,250,000
Sold Price
$830,000
Premium/Discount to List
-$420,000
-33.6%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lomeli Rigoberto O $885,000 --
Num 3106 N Ocean Blvd Llc $830,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 3106 N Ocean Blvd Llc $1,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $885,000 -6.8% $359 / Sq Ft
01/05/2024 01/05/24 Price Changed $950,000 -9.5% $386 / Sq Ft
10/02/2023 10/02/23 For Sale $1,050,000 +26.5% $426 / Sq Ft
01/30/2023 01/30/23 Sold $830,000 +3.8% $337 / Sq Ft
12/21/2022 12/21/22 Price Changed $800,000 -30.4% $325 / Sq Ft
08/03/2022 08/03/22 Price Changed $1,150,000 -8.0% $467 / Sq Ft
05/25/2022 05/25/22 For Sale $1,250,000 -- $507 / 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 $16,611 $76,827 $74,970 $1,857
2023 $16,611 $51,717 $35,721 $15,996
2021 $11,704 $51,717 $35,721 $15,996
2020 $11,575 $51,717 $35,721 $15,996
2019 $11,166 $51,717 $35,721 $15,996
2018 $0 $47,475 $35,721 $11,754
2017 $10,768 $47,475 $35,721 $11,754
2016 -- $47,475 $35,721 $11,754
2015 $10,674 $47,475 $35,721 $11,754
2014 $10,332 $47,475 $35,721 $11,754
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2322335

Coastal Carolinas Association of REALTORS®

APN: 35502020069