NOT LISTED FOR SALE

325 47th Ave N Unit Cherry Grove North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $927,000 - $954,604

5 Beds
3 Baths
2,486 Sq Ft
$380/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $953,609 $384 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,982/month

28 Days on Market

Highlights

  • Boat Dock
  • RV or Boat Parking
  • Property fronts a channel
  • Ocean Drive Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Deck

About This Home

As of November 2023

Introducing a property beyond superlatives! Behold this SPECTACULAR 5BR-3BA raised beach home in Cherry Grove, perfectly positioned on a deep channel. It's the ultimate fusion of beach and channel living, offering an unparalleled lifestyle. Enjoy the luxury of not one, but two private docks - a stationary and a floating one, complete with flip-over stairs leading into the channel. Take in sweeping vistas from the Widow's Walk, where panoramic ocean and Cherry Grove views unfold before you. Impeccably maintained and ready for you to call home, this residence beckons you with its second and third floor living areas. An open floor concept creates a sense of spaciousness and elegance, customized to perfection. The chef's kitchen is a masterpiece, boasting sleek granite countertops, custom cabinets, a double oven, a drop-in gas cooktop, and an exquisite backsplash. A sizable work island/breakfast bar with a sink and an expansive walk-in pantry cater to your every culinary need. In the living room, a gas fireplace sets the tone for cozy winter evenings. Ascend to the third floor, where you'll be greeted by a stunning oak staircase and a captivating round custom window. Five unique bedrooms and three full baths await, each characterized by custom vanities, tile showers, skylights, angled ceilings, and ceiling fans. Underneath the house unveils an outdoor haven - an enchanting gathering space for cherished moments. Multiple sitting areas beckon, whether it's on the dock, the country swing, the bar, or by the fireplace. The outdoor bar/kitchen is a dream, complete with a sink, barbecue grill space, and a small refrigerator. The fireplace boasts a wood surround, stone base, and mounted TV, creating a captivating ambiance. Two outdoor showers, including one enclosed with a dressing room, add to the convenience. This property is ideally situated just minutes away from an array of shops and an eclectic selection of restaurants in NMB. Enjoy the vibrant entertainment of Ocean Drive's Main Street and relish in the excitement of the Intracoastal Waterway. Your slice of paradise awaits - schedule a showing today and seize the opportunity to own this remarkable coastal treasure! All measurements are approximate, but not guaranteed. Ask your agent for the complete list of upgrades for this property! HVAC replaced 2022. Roofs replaced original 2016 & addition 2022. Rinnai Water Heater installed 2022. House painted in 2022.

Last Agent to Sell the Property

Ryan Korros

RE/MAX Southern Shores Listed on: 08/16/2023

RE/MAX Southern Shores

Last Buyer's Agent

Brandon Arnette

KingOne Properties License #63864

KingOne Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,645

Year Built

  • Built in 1970

Lot Details

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

Parking

  • Tuck Under Parking
  • RV or Boat Parking

Home Design

  • Stilt Home
  • Raised Foundation
  • Wood Frame Construction
  • Tile

Interior Spaces

  • 2,486 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Skylights
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • 3 Full Bathrooms
  • Single Vanity
  • Shower Only

Outdoor Features

  • Floating Dock
  • Creek On Lot
  • Deck
  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • The community has rules related to fencing

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,645

Year Built

Built in 1970

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 51x130x51x129
  • Estimated Year Built: 1970
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Tile, Carpeting, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Living Room Type: Fireplace, Ceiling Fan
  • Lvt Date: 08/17/2023
  • Sold Total Heated Sq Ft: 2486
  • Sold Total Sq Ft: 6486
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 2486
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Interior Amenities: Wshr/Dryer Connection, Skylights
  • Primary Bathroom: Shower, Vanity
  • Kitchen Type: Range, Work Island, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Pantry, Double Oven, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, Sitting Area
  • Bedrooms: 5
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 3
  • Levels: Three Or More
  • Total Sq Ft: 6486

Exterior Features

  • Exterior Features: Deck, Front Porch, Rear Porch, Fencing, Boat Parking, Outside Storage Attached, Boat Dock
  • Exterior Finish: Wood Frame
  • Foundation: Raised Beach
  • Number Of Acres: 0.14

Garage/Parking

  • Type: Detached

Utilities

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

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, On Inlet/Creek, Inside City Limits, Floating Dock
  • 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

Listed on
Aug 16, 2023
Closed on
Nov 14, 2023
Sold by
Grainger Nancy S
Bought by
Kt Escapes Llc
Seller's Agent
Ryan Korros
RE/MAX Southern Shores
Buyer's Agent
Brandon Arnette
KingOne Properties
List Price
$969,900
Sold Price
$953,609
Premium/Discount to List
-$16,291
-1.68%
Views
48
Current Estimated Value
$945,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,208
Avg. Annual Appreciation
1.07%
Original Mortgage
$778,145
Outstanding Balance
$768,078
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$204,747

Purchase Details

Closed on
Aug 31, 2000
Sold by
Weible John D
Bought by
Grainger Nancy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,650
Interest Rate
8.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2000
Sold by
Davis William H
Bought by
Weible John D
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
Kt Escapes Llc $953,609 --
Grainger Nancy S $207,000 --
Weible John D $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kt Escapes Llc $778,145
Previous Owner Grainger Nancy S $196,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $953,609 -1.7% $384 / Sq Ft
08/16/2023 08/16/23 For Sale $969,900 -- $390 / 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 $11,645 $53,862 $27,600 $26,262
2023 $11,645 $13,016 $8,080 $4,936
2021 $1,192 $13,016 $8,080 $4,936
2020 $1,165 $13,016 $8,080 $4,936
2019 $1,078 $13,016 $8,080 $4,936
2018 $0 $11,764 $7,000 $4,764
2017 $1,220 $11,764 $7,000 $4,764
2016 -- $11,764 $7,000 $4,764
2015 $1,196 $11,764 $7,000 $4,764
2014 $1,111 $11,764 $7,000 $4,764
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2316598

Coastal Carolinas Association of REALTORS®

APN: 35112040002