NOT LISTED FOR SALE

312 55th Ave N Unit Cherry Grove North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $794,000 - $831,000

4 Beds
3 Baths
1,992 Sq Ft
$407/Sq Ft Est. Value

Last Sold February 20, 2015

Last sale price $325,000 $163 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $4,438/month

41 Days on Market

Highlights

  • Boat Dock
  • Property fronts a channel
  • Vaulted Ceiling
  • Ocean Drive Elementary School Rated A
  • Deck
  • Soaking Tub in Primary Bathroom

About This Home

As of February 2015

LOCATION!LOCATION! If you want to be on the channel and close to the beach, THIS IS IT! This property is priced to sell QUICKLY! Fish, crab, or just sit and enjoy the view from your private fixed dock. Take a look, you will be glad you did! In the Cherry Grove section of NMB. Close to shopping, restaurants and all the Grand Strand attractions. Square footage is approximate and is not guaranteed. Buyer is responsible for verification.

Last Agent to Sell the Property

Lynne Bryant

BH & G Elliott Coastal Living License #241016 Listed on: 12/21/2014

Last Buyer's Agent

Jewell Knight

Beach & Forest Realty North License #16601

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • Property fronts a channel
  • Property fronts a marsh
  • Rectangular Lot

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 1,992 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Single Vanity
  • Soaking Tub in Primary Bathroom

Outdoor Features

  • Balcony
  • Deck
  • Front Porch

Location

  • Flood Zone Lot
  • East of US 17

Utilities

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

Community Details

  • Boat Dock

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Rectangular, Designated Flood Zone
  • Four Sided Lot Measurement: 50X125X50X125
  • Estimated Year Built: 1986
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Wet Bar, Vaulted/Cathedral Ceiling, Ceiling Fan
  • Floor Cover: Vinyl, Carpeting
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Sold Total Heated Sq Ft: 1992
  • Sold Total Sq Ft: 2955
  • Style: Raised Beach
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 1992
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Skylights, Split Bedroom Plan, Furnished
  • Primary Bathroom: Tub, Vanity
  • Kitchen Type: Range, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Pantry, Stainless Steel Apps.
  • Master Bedroom Type: Ceiling Fan, 1st Flr Level
  • Bedrooms: 4
  • Dining Room Type: Kit/Dr Combo
  • Full Bathrooms: 3
  • Levels: One And One Half
  • Total Sq Ft: 2955

Exterior Features

  • Exterior Features: Deck, Balcony, Front Porch, Rear Porch, Outside Storage Attached, Boat Dock
  • Exterior Finish: Wood Frame, Siding
  • Foundation: Raised Beach

Garage/Parking

  • Type: Detached

Utilities

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

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, Marsh/Wetlans View
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2016
Sold by
Bolyard Joseph V
Bought by
Khalil Nardin N
Current Estimated Value
$810,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$136,705
Interest Rate
3.6%
Estimated Equity
$672,644

Purchase Details

Listed on
Dec 21, 2014
Closed on
Feb 20, 2015
Sold by
Brown Jerry M and Brown Irene M
Bought by
Koleber Bolyard John Vance and Koleber Bolyard Karen
Seller's Agent
Lynne Bryant
BH & G Elliott Coastal Living
Buyer's Agent
Jewell Knight
Beach & Forest Realty North
List Price
$359,000
Sold Price
$325,000
Premium/Discount to List
-$34,000
-9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$260,000
Interest Rate
3.74%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Khalil Nardin N $387,500 --
Koleber Bolyard John Vance $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khalil Nardin N $300,000
Closed Khalil Nardin N $300,000
Previous Owner Koleber Bolyard John Vance $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2015 02/20/15 Sold $325,000 -9.5% $163 / Sq Ft
01/31/2015 01/31/15 Pending -- -- --
12/21/2014 12/21/14 For Sale $359,000 -- $180 / 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 -- $30,194 $18,400 $11,794
2023 $1,863 $16,752 $8,080 $8,672
2021 $1,812 $16,752 $8,080 $8,672
2020 $1,770 $16,752 $8,080 $8,672
2019 $1,638 $16,752 $8,080 $8,672
2018 $0 $15,500 $7,000 $8,500
2017 -- $15,500 $7,000 $8,500
2016 -- $13,776 $7,000 $6,776
2015 $4,644 $20,664 $10,500 $10,164
2014 $4,496 $13,776 $7,000 $6,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1423198

Coastal Carolinas Association of REALTORS®

APN: 35209020165