NOT LISTED FOR SALE

Estimated Value: $729,000 - $848,000

4 Beds
2 Baths
175 Sq Ft
$4,545/Sq Ft Est. Value

Last Sold January 20, 2012

Last sale price $320,000 $1,829 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $5,017/month

Highlights

  • Floating Dock
  • Property fronts a channel
  • Breakfast Bar
  • Ocean Drive Elementary School Rated A
  • Formal Dining Room
  • Central Heating and Cooling System

About This Home

As of January 2012

Recently updated 4 Br, 2 Ba channel home located in Cherry Grove. Recent updates include new windows, new trek decking, new vinyl soffitt under house, new kitchen cabinets and new kitchen countertop. Great location on nice channel. Offers large storage room under house, seawall and dock. House offers hardwood floors in the living/dining area with ceramic tile in the kitchen. There is also a den off of the kitchen area which could be used as a game room or fifth bedroom, depending on your needs. A must see property at a fantastic price.

Last Listed By

Ernie Derrick

BH & G Elliott Coastal Living License #8229 Listed on: 06/06/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,046

Year Built

  • Built in 1977

Lot Details

  • Property fronts a channel
  • Fenced
  • Irregular Lot

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Raised Foundation
  • Siding
  • Tile

Interior Spaces

  • 175 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Formal Dining Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

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

Additional Features

  • Floating Dock
  • East of US 17

Community Details

  • The community has rules related to fencing

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,046

Year Built

Built in 1977

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Irregular
  • Estimated Year Built: 1977
  • 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, Fireplace
  • Sold Total Heated Sq Ft: 175
  • Sold Total Sq Ft: 1950
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 175
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection, Fireplace
  • Kitchen Type: Breakfast Bar, Garbage Disposal
  • Bedrooms: 4
  • Dining Room Type: Ceiling Fan, Formal
  • Formal Dining: Yes
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1950

Exterior Features

  • Exterior Features: Fencing, Outside Storage Attached
  • Exterior Finish: Siding
  • Foundation: Raised Beach

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, 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, Inside City Limits, East Of Bus 17, Floating Dock
  • 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

Closed on
Jul 2, 2014
Sold by
Welborn James Christopher and Welborn Blanche G
Bought by
Bungalow 57 Llc
Current Estimated Value
$795,333

Purchase Details

Listed on
Jun 6, 2011
Closed on
Jan 13, 2012
Sold by
Carolina Bank
Bought by
Welborn James Christopher
Seller's Agent
Ernie Derrick
BH & G Elliott Coastal Living
Buyer's Agent
Matt Becker
BH & G Elliott Coastal Living
List Price
$389,900
Sold Price
$320,000
Premium/Discount to List
-$69,900
-17.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%

Purchase Details

Closed on
May 16, 2011
Sold by
Greene Mickey V
Bought by
Carolina Bank

Purchase Details

Closed on
Mar 16, 2006
Sold by
Sea Mountain Investments Inc
Bought by
Greene Mickey V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2005
Sold by
Schneller Dc George C and Schneller Delma A
Bought by
Sea Mountain Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,568
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2001
Sold by
Carolina Sands Inc
Bought by
Schneller Dc George C and Schneller Delma A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

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
Bungalow 57 Llc -- --
Welborn James Christopher $315,000 --
Carolina Bank -- --
Greene Mickey V $520,000 None Available
Sea Mountain Investments Inc $450,000 --
Schneller Dc George C $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $250,000
Previous Owner Greene Mickey $440,000
Previous Owner Greene Mickey V $450,000
Previous Owner Bureau Philippe J $319,752
Previous Owner Sea Mountain Investments Inc $382,568
Previous Owner Schneller George C $30,000
Previous Owner Schneller Dc George C $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2012 01/20/12 Sold $320,000 -17.9% $1,829 / Sq Ft
06/06/2011 06/06/11 For Sale $389,900 -- $2,228 / Sq Ft
12/10/2010 12/10/10 Pending -- -- --
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 $7,046 $21,397 $12,112 $9,285
2023 $7,046 $21,397 $12,112 $9,285
2021 $4,843 $21,498 $12,120 $9,378
2020 $7,189 $21,498 $12,120 $9,378
2019 $7,020 $21,498 $12,120 $9,378
2018 $0 $18,606 $10,500 $8,106
2017 $6,621 $18,606 $10,500 $8,106
2016 -- $18,606 $10,500 $8,106
2015 $4,184 $18,606 $10,500 $8,106
2014 -- $18,606 $10,500 $8,106
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1109778

Coastal Carolinas Association of REALTORS®

APN: 35209020105