NOT LISTED FOR SALE

Estimated Value: $516,000 - $772,000

4 Beds
2 Baths
1,938 Sq Ft
$334/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $600,000 $310 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,430/month

24 Days on Market

About This Home

As of October 2023

PRICE IMPROVEMENT!!!!! This gem is the find of the year and is decorated with a price tag that will appeal to almost anyone! This direct channel home presents a UNIQUE opportunity as it has been "grandfathered" in with no R-1 residential restrictions on utilizing the home as a duplex as it stands! This home features TWO units each consisting of a living area, kitchen, 2 bedrooms, and 1 bathroom to total 4 beds, 2 baths! (Each unit has its own separate entrance) The location nearing the end of the channel, the close proximity to the BEACH, and the private dock are a few more reasons to love this property! Inside, each unit features a true beach house charm with original Cypress wood throughout! Both bathrooms have been updated tastefully, both HVAC units are newer (Spring of 2023), and the price leaves room for any other updating to suit a new owner's taste! This home has been a family treasure for years, and it shows! You will not find another opportunity like this in Cherry Grove!

Last Listed By

The Britt Page Group

Fnis Blac Knight MLS Solutions Listed on: 09/01/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,882

Year Built

  • Built in 1955

Lot Details

  • 6,098

Home Design

  • Duplex
  • Wood Frame Construction

Interior Spaces

  • 1,938 Sq Ft Home
  • Crawl Space

Location

  • Flood Zone Lot

Schools

  • Ocean Drive Elementary School
  • North Myrtle Beach Middle School
  • North Myrtle Beach High School

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,882

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Lot Description: Designated Flood Zone
  • Estimated Year Built: 1955
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 09/01/2023
  • Sold Total Heated Sq Ft: 1938
  • Sold Total Sq Ft: 2200
  • Total Heated Sq Ft: 1938
  • Number2 Br Units: 2
  • Safety Features: Lead Based Paint Disc.
  • Utilities Owner Pays: Electric, Water/Sewer
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Total Sq Ft: 2200

Exterior Features

  • Exterior Finish: Wood Frame
  • Foundation: Crawl

Garage/Parking

  • Type: Duplex

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public
  • Heating Cooling: Central Heat, Central Air, Electric

Schools

  • Elementary School: Ocean Drive Elementary
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Lot Location: Channel
  • Zoning: multi

Multi Family

  • Number Of Units: 2

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
Sep 1, 2023
Closed on
Oct 30, 2023
Sold by
Grier Daniel
Bought by
Kma Properties Of Anderson Llc
Seller's Agent
The Britt Page Group
Fnis Blac Knight MLS Solutions
Buyer's Agent
Mike Green
Fnis Blac Knight MLS Solutions
List Price
$699,900
Sold Price
$600,000
Premium/Discount to List
-$99,900
-14.27%
Total Days on Market
24
Views
78
Current Estimated Value
$647,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,197
Avg. Annual Appreciation
4.97%
Original Mortgage
$450,000
Outstanding Balance
$338,674
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$308,523

Range of Values:

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Average Value
Not Available
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
Kma Properties Of Anderson Llc $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kma Properties Of Anderson Llc $450,000
Previous Owner Grier Daniel $180
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $600,000 -7.7% $310 / Sq Ft
09/11/2023 09/11/23 Price Changed $649,900 -7.1% $335 / Sq Ft
09/01/2023 09/01/23 For Sale $699,900 -- $361 / 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 $9,882 $19,386 $12,120 $7,266
2023 $9,882 $19,386 $12,120 $7,266
2021 $4,388 $19,386 $12,120 $7,266
2020 $6,739 $19,386 $12,120 $7,266
2019 $6,586 $19,386 $12,120 $7,266
2018 $6,564 $18,204 $10,500 $7,704
2017 -- $12,000 $7,000 $5,000
2016 -- $16,866 $10,500 $6,366
2015 $3,792 $16,866 $10,500 $6,366
2014 $3,671 $16,866 $10,500 $6,366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2317694

Coastal Carolinas Association of REALTORS®

APN: 35210010071