NOT LISTED FOR SALE

312 51st Ave N North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $749,000 - $865,000

4 Beds
2 Baths
1,730 Sq Ft
$465/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $388,000 $224 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,866/month

35 Days on Market

Highlights

  • Boat Ramp
  • RV or Boat Parking
  • Deck
  • Ocean Drive Elementary School Rated A
  • Property fronts a channel
  • Main Floor Primary Bedroom

About This Home

As of August 2019

Wow! Check out this one-of-a-kind channel home in Cherry Grove. Magnificent water views. Both rear porches upper and lower are oversized and covered with trex type decking. This home has its own boat ramp which is wider than most at 14ft. Pylons extend all the way up to this home's roof line. Huge storage under home offers full work shop, bathroom, and kitchenette. Several interior modifications add to the uniqueness of this property. Interior wall was moved to create a huge master bath like no other. A true chef's kitchen that has been opened up to the dining room area. The rear porch was completely enclosed creating a 25'x9' sun room. All windows and doors have been updated. Never rented and is used as a secondary residence. Just a short block to the beach. This home has it all!

Last Agent to Sell the Property

Derek Fairfax

CENTURY 21 Thomas License #100636 Listed on: 06/11/2019

CENTURY 21 Thomas

Co-Listed By

Scott Mathews

CENTURY 21 Thomas License #46963

Last Buyer's Agent

Pat Michelson

CENTURY 21 Thomas License #42791

CENTURY 21 Thomas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,459

Year Built

  • Built in 1981

Lot Details

  • 6,098 Sq Ft Lot
  • Property fronts a channel
  • Rectangular Lot

Parking

  • Tuck Under Parking
  • RV or Boat Parking

Home Design

  • Stilt Home
  • Raised Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,730 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Combination Dining and Living Room
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Single Vanity
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Boat Ramp
  • Balcony
  • Deck
  • Patio
  • Front Porch

Location

  • 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
  • Water Heater
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,459

Year Built

Built in 1981

Lot Details

0

Parking

7

Listing Details

  • Lot Description: Rectangular
  • Estimated Year Built: 1981
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Laminate
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat
  • Living Room Type: Ceiling Fan
  • Lvt Date: 06/13/2019
  • Sold Total Heated Sq Ft: 1730
  • Sold Total Sq Ft: 2340
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 7
  • Total Heated Sq Ft: 1730
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1981

Interior Features

  • Bedroom 1: 12.8x11.8
  • Bedroom 2: 12.8x11.8
  • Bedroom 3: 11.8x8.8
  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Furnished
  • Kitchen: 12x9.5
  • Master Bedroom: 12.8x11.8
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Carolina Room, Laundry/Utility
  • Primary Bathroom: Shower, Vanity
  • Kitchen Type: Ceiling Fan, Dishwasher, Freezer, Garbage Disposal, Microwave, Refrigerator, Range
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan
  • Bedrooms: 4
  • Dining Room Type: Area, Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 2340

Exterior Features

  • Exterior Features: Patio, Deck, Balcony, Front Porch, Rear Porch, Boat Parking, Outside Storage Attached, Storm Doors, Storm Windows, Insulated Doors/Windows, Boat Ramp
  • Exterior Finish: Vinyl Siding, Wood Frame
  • Foundation: Raised Beach
  • Number Of Acres: 0.14

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: On Channel, 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
Jun 11, 2019
Closed on
Aug 13, 2019
Sold by
Marschel Charles Thomas
Bought by
Belotti Richard A and Belotti Lori A
Seller's Agent
Derek Fairfax
CENTURY 21 Thomas
Buyer's Agent
Pat Michelson
CENTURY 21 Thomas
List Price
$398,000
Sold Price
$388,000
Premium/Discount to List
-$10,000
-2.51%
Current Estimated Value
$803,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,670
Avg. Annual Appreciation
12.45%
Original Mortgage
$310,400
Outstanding Balance
$275,301
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$520,109

Purchase Details

Closed on
May 2, 2001
Sold by
Marschel Charles T
Bought by
Marschel Charles Thomas and Marschel Marilyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,900
Interest Rate
6.98%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Belotti Richard A $388,000 --
Marschel Charles Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belotti Richard A $310,400
Previous Owner Marschel Charles Thomas $140,900
Previous Owner Marschel Charles Thomas $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $388,000 -1.7% $224 / Sq Ft
07/17/2019 07/17/19 Price Changed $394,900 -0.8% $228 / Sq Ft
06/11/2019 06/11/19 For Sale $398,000 -- $230 / 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 $7,459 $45,054 $27,600 $17,454
2023 $7,459 $23,064 $12,120 $10,944
2021 $5,218 $23,064 $12,120 $10,944
2020 $7,561 $23,064 $12,120 $10,944
2019 $3,746 $20,646 $12,120 $8,526
2018 $0 $13,044 $7,000 $6,044
2017 $3,752 $19,566 $10,500 $9,066
2016 -- $19,566 $10,500 $9,066
2015 $1,326 $19,566 $10,500 $9,066
2014 $1,232 $19,566 $10,500 $9,066
Source: Public Records

Agents Affiliated with this Home

  • Derek Fairfax

    Seller's Agent in 2019

    Derek Fairfax

    CENTURY 21 Thomas

    (843) 249-2100

    40 in this area

    226 Total Sales

    Derek Fairfax
    Section Image
  • Scott Mathews

    Seller Co-Listing Agent in 2019

    Scott Mathews

    CENTURY 21 Thomas

    (843) 222-7082

    54 in this area

    315 Total Sales

    Scott Mathews
    Section Image
  • Pat Michelson

    Buyer's Agent in 2019

    Pat Michelson

    CENTURY 21 Thomas

    (843) 997-7569

    4 in this area

    14 Total Sales

    Pat Michelson
    Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1913060

Coastal Carolinas Association of REALTORS®

APN: 35209040097

South Carolina Horry County North Myrtle Beach 29582 Cherry Grove

312 51st Ave N, North Myrtle Beach, SC

This home is located at 312 51st Ave N, North Myrtle Beach, SC 29582 since 11 June 2019 and is currently estimated at $803,670, approximately $464 per square foot. This property was built in 1981. 312 51st Ave N is a home located in Horry County with nearby schools including Ocean Drive Elementary School, North Myrtle Beach Middle School, and North Myrtle Beach High School.

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.

Coastal Carolinas Association of REALTORS® 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.

Nearby Homes