$240,000
SOLD FEB 10, 2012

318 48th Ave N North Myrtle Beach, SC 29582

Cherry Grove Neighborhood
4 Beds
2 Baths
1,201 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$200 Per Sq Ft

4% Below List Price

3 Days on Market

Highlights

  • Property fronts a channel
  • Deck
  • Main Floor Primary Bedroom
  • Ocean Drive Elementary School Rated A
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Furnished

About This Home

As of September 2017

What a wonderful opportunity to buy that beach home you have been dreaming of! This 4BR/2BA raised beach home on the T-Channel in Cherry Grove is only steps to the beach and includes large storage room under house and outdoor shower plus covered parking for at least 4 cars, hardwood style floors throughout, over-sized front and rear decks and wonderful views of the Salt Marsh-Channel. This home has everything you need for a great vacation place or rental investment.

Last Agent to Sell the Property

V Sue Catania

CENTURY 21 Thomas License #5713 Listed on: 01/06/2012

CENTURY 21 Thomas

Last Buyer's Agent

ONeal Bourne

RE/MAX Southern Shores NMB License #47557

RE/MAX Southern Shores NMB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,784

Year Built

  • Built in 1977

Lot Details

  • Property fronts a channel

Parking

  • Tuck Under Parking

Home Design

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

Interior Spaces

  • 1,201 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Combination Dining and Living Room
  • Vinyl Flooring

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Soaking Tub and Shower Combination in Primary Bathroom

Outdoor Features

  • Deck
  • Front Porch

Location

  • Flood Zone Lot
  • East of US 17

Schools

  • Do Not Use -North Myrtle Beach Elementary - Inactive
  • 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

$6,784

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Lot Description: Designated Flood Zone
  • Four Sided Lot Measurement: 52x126
  • Estimated Year Built: 1977
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan
  • Floor Cover: Vinyl, Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Great Family Room: 21x14
  • Heating And Cooling: Central Air, Central Heat
  • Sold Total Heated Sq Ft: 1201
  • Sold Total Sq Ft: 1901
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 1201
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Bedroom 1: 12x11.25
  • Bedroom 2: 12x11.25
  • Bedroom 3: 12x11.25
  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Split Bedroom Plan, Furnished
  • Kitchen: 8x14
  • Master Bedroom: 12x11.25
  • Primary Bathroom: Shower, Tub
  • Kitchen Type: Breakfast Bar, Microwave, Refrigerator, Range Hood, Range
  • Master Bedroom Type: 1st Flr Level
  • Bedrooms: 4
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1901

Exterior Features

  • Exterior Features: Deck, Front Porch, Rear Porch, Outside Storage Attached, Insulated Doors/Windows
  • Exterior Finish: Vinyl Siding, 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: DO NOT USE -North Myrtle Beach Elementary - Inactive
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Lot Location: On Channel, East Of Bus 17
  • Zoning: Res

MLS Schools

  • Elementary School: DO NOT USE -North Myrtle Beach Elementary - Inactive
  • 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
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%
Total Days on Market
3
Current Estimated Value
$703,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,702
Avg. Annual Appreciation
9.99%
Original Mortgage
$187,000
Outstanding Balance
$157,973
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$545,729

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
V 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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

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 $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

  • Ty Bellamy

    Seller's Agent in 2017

    Ty Bellamy

    RE/MAX

    (843) 602-7873

    76 in this area

    521 Total Sales

    Ty Bellamy
    Section Image
  • V Sue Catania

    Seller's Agent in 2012

    V Sue Catania

    CENTURY 21 Thomas

    (843) 222-8033

    5 in this area

    39 Total Sales

    V Sue Catania
    Section Image
  • ONeal Bourne

    Buyer's Agent in 2012

    ONeal Bourne

    RE/MAX

    (843) 455-4140

    7 in this area

    77 Total Sales

    ONeal Bourne
    Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1200340

Coastal Carolinas Association of REALTORS®

APN: 35112030057

South Carolina Horry County North Myrtle Beach 29582 Cherry Grove

318 48th Ave N, North Myrtle Beach, SC

This home is located at 318 48th Ave N, North Myrtle Beach, SC 29582 and is currently priced at $240,000, approximately $199 per square foot. This property was built in 1977. 318 48th 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.

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