NOT LISTED FOR SALE

Estimated Value: $684,000 - $737,589

3 Beds
2 Baths
1,110 Sq Ft
$637/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $437,000 $394 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,342/month

30 Days on Market

Highlights

  • Property fronts a channel
  • Deck
  • Furnished
  • Ocean Drive Elementary School Rated A
  • Vaulted Ceiling
  • Solid Surface Countertops

About This Home

As of September 2020

Welcome to your new Cherry Grove getaway! This immaculate and fully turnkey raised beach home is ready for you to enjoy. This is not your typical beach house and has been lovingly and meticulously maintained as a second home and never as a rental. Fully renovated in 2005 with upgrades throughout and all modern amenities. Prime channel location just two blocks from the oceanfront! The three bedroom, two bath layout makes great use of all space and offers an open living and dining concept. As you enter the living room you are greeted with a beamed vaulted ceiling and traditional painted tongue and groove paneling. A soothing and creamy wall color gives the home a light and bright look. The kitchen has been completely upgraded with new cabinetry, solid surface countertops, recessed lighting, and Frigidaire stainless appliances. Throughout the home, new flooring was installed, new doors and hardware, new designer lighting and upgraded invisible tilt plantation shutters complete the upscale look. An en-suite master bath and hall bathroom have been fully upgraded as well with new plumbing, fixtures, vanities, toilets and tile. For convenience, the washer and dryer are located in home just off of the master bath. The property comes fully furnished (with some exceptions) with sophisticated coastal designer pieces from upscale furniture stores and all the decor you see. During the initial renovation of the property, shake vinyl siding was installed along with all new windows and exterior doors. A new roof was installed just a couple of weeks ago as well. HVAC is approximately 8 years old and the hot water heater has just been replaced. A security system is in place and can be activated by the new owner. The exterior trim was repainted about two years ago. Outside, you will find plenty of room to enjoy the beach life! The home is located on one of Cherry Grove's famous channels but is NOT subject to the dredging assessment. The fixed deck over the water that was rebuilt will offers years of future enjoyment. On the lower level you will find a full kitchen of cypress cabinets that will resist any water or damage from the harsh coastal environment. The breezeway allows for a large sitting area to enjoy the channel views. A built in bar makes a great entertaining spot for friends and family. After a day at the beach, the ground floor half bathroom and outdoor shower with hot and cold water make it easy to rinse off before going inside. A large storage room is available as well to keep beach toys or any lawn equipment. Beautiful landscaping has been installed with accent lighting to enhance the home. This type of home does not come available often and offers new owners a move in ready getaway. Don't miss this outstanding property!

Last Agent to Sell the Property

Blanche Welborn

Latitude Realty License #95764 Listed on: 07/17/2020

Latitude Realty

Co-Listed By

Emily Welborn

Rowles Real Estate License #113825

Last Buyer's Agent

Debbie Harkey

BHGRE Paracle Myrtle Beach License #82033

BHGRE Paracle Myrtle Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,093

Year Built

  • Built in 1977

Lot Details

  • 5,663 Sq Ft Lot
  • Property fronts a channel
  • Rectangular Lot

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Raised Foundation
  • Vinyl Siding
  • Tile
  • Lead Paint Disclosure

Interior Spaces

  • 1,110 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Carpet
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Single Vanity
  • Shower Only

Outdoor Features

  • Deck

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

Community Details

  • The community has rules related to allowable golf cart usage in the community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,093

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Lot Description: Designated Flood Zone, Rectangular
  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 1977
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Beam, Ceiling Fan, Vaulted/Cathedral Ceiling
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Lvt Date: 07/17/2020
  • Sold Total Heated Sq Ft: 1110
  • Sold Total Sq Ft: 1500
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 1110
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Furnished, Lead Based Paint Disclose
  • Primary Bathroom: Shower, Vanity
  • Kitchen Type: Breakfast Bar, Dishwasher, Solid Surface Countertops, Microwave, Refrigerator, Range, Stainless Steel Apps.
  • Master Bedroom Type: Beam Ceiling, Vaulted/Cath. Ceiling, Ceiling Fan
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1500

Exterior Features

  • Exterior Features: Deck, Outside Storage Attached, Insulated Doors/Windows
  • Exterior Finish: Vinyl Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.13

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
  • Zoning: Res

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
May 2, 2019
Sold by
Rives Charles Scott
Bought by
Rabon Terry S and Joanne
Current Estimated Value
$707,397

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
$265,439
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$445,910

Purchase Details

Closed on
Jul 22, 2015
Sold by
Estate Of Robert Franklin Rives Jr
Bought by
Rives Charles Scott and Coughlin Victoria Elizabeth

Purchase Details

Closed on
May 31, 2005
Sold by
Sealey Forrest Wade and Sealey Patricia A
Bought by
Miles Jackson M and Miles Linda Gayle W
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
Rabon Terry S $375,000 --
Rives Charles Scott -- --
Miles Jackson M $399,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rabon Terry S $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $437,000 -1.8% $394 / Sq Ft
08/03/2020 08/03/20 Price Changed $445,000 -2.2% $401 / Sq Ft
07/17/2020 07/17/20 For Sale $454,900 -- $410 / 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 $7,093 $39,337 $27,600 $11,737
2023 $7,093 $21,588 $12,120 $9,468
2021 $4,886 $21,588 $12,120 $9,468
2020 $4,832 $21,588 $12,120 $9,468
2019 $3,701 $17,142 $12,120 $5,022
2018 $0 $15,576 $10,500 $5,076
2017 $0 $15,576 $10,500 $5,076
2016 $0 $15,576 $10,500 $5,076
2015 -- $15,576 $10,500 $5,076
2014 $3,390 $15,576 $10,500 $5,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2014613

Coastal Carolinas Association of REALTORS®

APN: 35112030054