NOT LISTED FOR SALE

Estimated Value: $712,643 - $792,000

4 Beds
2 Baths
1,376 Sq Ft
$547/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $490,000 $356 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,815/month

13 Days on Market

Highlights

  • Floating Dock
  • Property fronts a channel
  • Vaulted Ceiling
  • Ocean Drive Elementary School Rated A
  • Deck
  • Furnished

About This Home

As of January 2021

A classic raised beach home located on a desirable channel street in Cherry Grove! This traditional four bedroom, two bath floor plan features a soaring vaulted ceiling complete with tongue and groove paneling and beams. This bright and open space offers plenty of room for your family or guests to enjoy the beach life. The direct channel location allows for boat access into the main channel and the ocean. A large fixed deck expands over the water that you won't find on other channel homes. This home offers many upgrades that your traditional older beach homes may not have. The kitchen cabinetry has been replaced along with new hardware, plumbing fixtures and lighting. The flooring in the living areas is a beautiful blonde plank hardwood. All of the wood tongue and groove/beams have been painted a gleaming semi gloss white for a modern coastal look. Both sides of the home have a jack and jill bath, both have recent upgrades with new vanities, tile and plumbing fixtures. The largest bonus of this property is the addition of a full size residential elevator on the rear of the home. Other recent updates include new HVAC in 2016, new roof in 2017, new rear decking with vinyl handrail and some perimeter pilings have been replaced. Vinyl shake siding has been added for a low maintenance exterior. The surrounding yard has been landscaped with a tropical feel. The backyard has plenty of additional space and a pool could be added to create your own outdoor oasis. The ground floor has a storage area and laundry space. This home comes to you partially furnished and is ready for you to enjoy as a beach getaway or as an investment rental property. 55th Avenue is one of the most desirable streets in Cherry Grove so you don't want to miss this one!! All information is deemed reliable, buyer is responsible for verification.

Last Agent to Sell the Property

Blanche Welborn

Latitude Realty License #95764 Listed on: 11/28/2020

Latitude Realty

Co-Listed By

Emily Welborn

Rowles Real Estate License #113825

Last Buyer's Agent

Bill Sullivan

BH & G Elliott Coastal Living License #117326

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

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
  • Raised Foundation
  • Wood Frame Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,376 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Carpet
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Floating Dock
  • Deck
  • Front Porch

Location

  • Flood Zone Lot
  • East of US 17

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
  • Elevator

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Rectangular, Designated Flood Zone
  • Amenities Available: Seller Disclosure, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcyle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 1972
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Vaulted/Cathedral Ceiling, Ceiling Fan, Beam
  • Floor Cover: Tile, Wood, Carpeting
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Lvt Date: 11/28/2020
  • Sold Total Heated Sq Ft: 1376
  • Sold Total Sq Ft: 1376
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 1376
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Furnished: Yes
  • Interior Amenities: Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Handicap Access, Elevator-Interior
  • Primary Bathroom: Shower, Vanity
  • Kitchen Type: Range, Work Island, Dishwasher, Refrigerator, Microwave, Ceiling Fan
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1376

Exterior Features

  • Exterior Features: Deck, Front Porch, Rear Porch, Outside Storage Attached, Elevator-Exterior
  • Exterior Finish: Wood Frame, Vinyl Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.14

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • Utilities Available: Electricity, Water Public, Sewer, Cable Tv, Telephone

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, Floating Dock, Marsh/Wetlans View
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2020
Closed on
Jan 27, 2021
Sold by
Caddell Larry R
Bought by
Lendy Three Llc
Seller's Agent
Blanche Welborn
Latitude Realty
Buyer's Agent
Bill Sullivan
BH & G Elliott Coastal Living
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Current Estimated Value
$752,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,411
Avg. Annual Appreciation
10.19%

Purchase Details

Closed on
Feb 20, 2015
Sold by
Caddell Larry R and The Alex T Caddell Trust
Bought by
Caddell Larry R and Caddell Sylvia M
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
Lendy Three Llc $490,000 --
Caddell Larry R -- --
Caddell Larry R -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $490,000 -1.8% $356 / Sq Ft
11/28/2020 11/28/20 For Sale $499,000 -- $363 / 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 -- $46,607 $27,600 $19,007
2023 $10,099 $18,692 $12,075 $6,617
2021 $7,882 $19,056 $12,120 $6,936
2020 $4,183 $33,348 $21,210 $12,138
2019 $4,035 $33,348 $21,210 $12,138
2018 $0 $28,445 $18,375 $10,070
2017 $3,686 $16,254 $10,500 $5,754
2016 -- $16,254 $10,500 $5,754
2015 $3,653 $16,254 $10,500 $5,754
2014 $3,536 $16,254 $10,500 $5,754
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2025089

Coastal Carolinas Association of REALTORS®

APN: 35209020171