NOT LISTED FOR SALE

318 56th Ave N Unit Cherry Grove North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $781,000 - $817,000

4 Beds
3 Baths
1,932 Sq Ft
$415/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $420,000 $217 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,647/month

280 Days on Market

Highlights

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

About This Home

As of July 2020

Beautiful home on the channel. This 4 bedroom, 3 bath home sits on the channel in the prestigious area of Cherry Grove. From the deck on the roof you can view for miles around or enjoy the fireworks shows that are put on by the pier. This spacious home with it's vaulted ceilings is great for entertainment and the well designed floor plan is great for guest.

Last Agent to Sell the Property

Chris Barnhill

Barnhill Realty License #2374 Listed on: 08/26/2019

Last Buyer's Agent

Shawn Bilton

James W Smith Real Estate Co License #90546

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,905

Year Built

  • Built in 1985

Lot Details

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

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Bi-Level Home
  • Raised Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,932 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Dining Area

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • 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

$4,905

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 50x125
  • Estimated Year Built: 1985
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Carpeting, Laminate, Tile
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Living Room Type: Ceiling Fan, Vaulted/Cathedral Ceiling
  • Lvt Date: 08/26/2019
  • Sold Total Heated Sq Ft: 1932
  • Sold Total Sq Ft: 1932
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 3
  • Total Heated Sq Ft: 1932
  • Geo Subdivision: SC
  • Ground Floor Heated Sq Ft: 1200
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Skylights, Split Bedroom Plan
  • Other Rooms: Laundry/Utility
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Breakfast Bar, Dishwasher, Microwave, Refrigerator, Range Hood, Range
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 4
  • Dining Room Type: Area
  • Full Bathrooms: 3
  • Levels: Two-Story
  • Total Sq Ft: 1932

Exterior Features

  • Exterior Features: Patio, Deck, Front Porch, Rear Porch, Outside Storage Attached, Storm Doors
  • Exterior Finish: Vinyl Siding
  • 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, Marsh/Wetlans View
  • Zoning: R-1

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

Closed on
Sep 18, 2023
Sold by
Almond Tara S
Bought by
Bertenshaw Edward W and Bertenshaw Tina S
Current Estimated Value
$802,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$157,561
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$642,564

Purchase Details

Listed on
Aug 26, 2019
Closed on
Jul 10, 2020
Sold by
Rexroad Jerold L
Bought by
Almond Tara S
Seller's Agent
Chris Barnhill
Barnhill Realty
Buyer's Agent
Shawn Bilton
James W Smith Real Estate Co
List Price
$455,000
Sold Price
$420,000
Premium/Discount to List
-$35,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.17%
Original Mortgage
$270,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2016
Sold by
Tower Tax H Llc
Bought by
Rexroad Jerold L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
3.64%

Purchase Details

Closed on
Jan 15, 2016
Sold by
Darden Everett T
Bought by
Tower Tax Ii Llc

Purchase Details

Closed on
Apr 17, 2006
Sold by
Hopkins Stephen L
Bought by
Darden Everett T and Darden Lisa J

Purchase Details

Closed on
Feb 11, 2004
Sold by
Wilson Linda R and Squillace Ralph C
Bought by
Hopkins Stephen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 1998
Sold by
Hartwell John H and Hartwell Jean C
Bought by
Wilson Linda R and Squillace Ralph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
6.72%
Mortgage Type
Purchase Money 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
Bertenshaw Edward W $760,000 --
Almond Tara S $420,000 --
Rexroad Jerold L $310,000 --
Tower Tax Ii Llc -- --
Darden Everett T $610,000 None Available
Hopkins Stephen L $305,000 --
Wilson Linda R $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bertenshaw Edward W $160,000
Previous Owner Almond Tara S $270,000
Previous Owner Rexroad Jerold L $248,000
Previous Owner Hopkins Stephen L $244,000
Previous Owner Wilson Linda R $223,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $420,000 -1.2% $217 / Sq Ft
11/20/2019 11/20/19 Price Changed $425,000 -1.1% $220 / Sq Ft
10/19/2019 10/19/19 Price Changed $429,900 -2.1% $223 / Sq Ft
10/04/2019 10/04/19 Price Changed $439,000 -2.2% $227 / Sq Ft
09/03/2019 09/03/19 Price Changed $449,000 -1.3% $232 / Sq Ft
08/26/2019 08/26/19 For Sale $455,000 -- $236 / 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 $4,905 $29,693 $18,400 $11,293
2023 $4,905 $17,740 $8,888 $8,852
2021 $1,919 $17,740 $8,888 $8,852
2020 $3,907 $16,492 $8,080 $8,412
2019 $7,018 $24,738 $12,120 $12,618
2018 $0 $18,600 $10,500 $8,100
2017 $6,618 $18,600 $10,500 $8,100
2016 $0 $15,846 $10,500 $5,346
2015 -- $20,256 $10,500 $9,756
2014 $4,409 $20,256 $10,500 $9,756
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1918640

Coastal Carolinas Association of REALTORS®

APN: 35209020125