318 48th Ave N North Myrtle Beach, SC 29582
Cherry Grove Neighborhood
4
Beds
2
Baths
1,250
Sq Ft
6,098
Sq Ft Lot
Highlights
- Property fronts a channel
- Deck
- Furnished
- Ocean Drive Elementary School Rated A
- Soaking Tub and Shower Combination in Primary Bathroom
- Front Porch
About This Home
As of September 2017Don't miss this nostalgic Cherry Grove channel beach cottage with lots of updates. Home features 4 spacious bedrooms and 2 full baths....along with a quaint galley style kitchen. The bathrooms are updated and there are hardwood floors throughout. This home is located directly on a channel and is just 2 blocks from the oceanfront. Home is being sold furnished and is ready to go. This would make a great rental income producing property, a perfect second home or even a primary residence. There is extra storage downstairs as well as an outdoor shower.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,784
Year Built
- Built in 1977
Lot Details
- Property fronts a channel
- Property fronts a marsh
- Rectangular Lot
- Property is zoned R4
Parking
- Tuck Under Parking
Home Design
- Stilt Home
- Raised Foundation
- Vinyl Siding
Interior Spaces
- 1,250 Sq Ft Home
- Furnished
- Ceiling Fan
- Window Treatments
- Combination Dining and Living Room
Kitchen
- Breakfast Bar
- Range with Range Hood
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Single Vanity
- Soaking Tub and Shower Combination in Primary Bathroom
Laundry
- Laundry Room
- Washer and Dryer
Outdoor Features
- Deck
- Front Porch
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
- Water Heater
- Phone Available
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2017
Closed on
Sep 15, 2017
Sold by
Foster Seth B
Bought by
Canipe Marcus W and Canipe Haley T
Seller's Agent
Ty Bellamy
RE/MAX Southern Shores NMB
Buyer's Agent
Ty Bellamy
RE/MAX Southern Shores NMB
List Price
$360,000
Sold Price
$337,000
Premium/Discount to List
-$23,000
-6.39%
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
$369,233
Avg. Annual Appreciation
9.72%
Original Mortgage
$187,000
Outstanding Balance
$157,973
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$542,065
Purchase Details
Listed on
Jan 6, 2012
Closed on
Feb 9, 2012
Sold by
Long Evangeline E
Bought by
Foster Seth B
Seller's Agent
Sue Catania
CENTURY 21 Thomas
Buyer's Agent
ONeal Bourne
RE/MAX Southern Shores NMB
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Purchase Details
Closed on
May 10, 2002
Sold by
Long Woodrow W and Long Doretha M
Bought by
Long Evangeline E
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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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $337,000 | -- | |
| Deed | $240,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $187,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/18/2017 09/18/17 | Sold | $337,000 | -6.4% | $270 / Sq Ft |
| 07/31/2017 07/31/17 | Pending | -- | -- | -- |
| 05/23/2017 05/23/17 | For Sale | $360,000 | +50.0% | $288 / Sq Ft |
| 02/10/2012 02/10/12 | Sold | $240,000 | -4.0% | $200 / Sq Ft |
| 01/09/2012 01/09/12 | Pending | -- | -- | -- |
| 01/06/2012 01/06/12 | For Sale | $250,000 | -- | $208 / 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 | $6,784 | $20,346 | $12,120 | $8,226 |
| 2023 | $6,784 | $20,346 | $12,120 | $8,226 |
| 2021 | $4,605 | $20,346 | $12,120 | $8,226 |
| 2020 | $6,954 | $20,346 | $12,120 | $8,226 |
| 2019 | $6,794 | $20,346 | $12,120 | $8,226 |
| 2018 | $0 | $20,220 | $10,500 | $9,720 |
| 2017 | -- | $15,090 | $10,500 | $4,590 |
| 2016 | -- | $15,090 | $10,500 | $4,590 |
| 2015 | $3,392 | $15,090 | $10,500 | $4,590 |
| 2014 | $3,284 | $15,090 | $10,500 | $4,590 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2017
Ty Bellamy
RE/MAX
(843) 602-7873
74 in this area
519 Total Sales
-
Seller's Agent in 2012
Sue Catania
CENTURY 21 Thomas
(843) 222-8033
5 in this area
38 Total Sales
-
Buyer's Agent in 2012
ONeal Bourne
RE/MAX
(843) 455-4140
5 in this area
69 Total Sales
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 1711486
APN: 35112030057
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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