NOT LISTED FOR SALE

Estimated Value: $1,091,000 - $1,441,000

6 Beds
6.5 Baths
3,192 Sq Ft
$393/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $995,000 $312 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $8,022/month

3 Days on Market

Highlights

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

About This Home

As of October 2021

Walk to the beach! Here is your chance to own a gorgeous 6 bedroom and 6 1/2 bath raised beach home on the channel with ocean views. This beautiful property in Cherry Grove is a rental machine producing well over six figures annually. Sit back and enjoy the views from one of your four porches while you breathe in the salt air. This fully furnished home has everything that you will need including, outdoor furniture, hardwood floors, granite counter tops, custom shower, outdoor faucets on each deck to water your plants, beautiful back patio pavers and a custom bar on the ground level for entertaining to top it all off. This beach home was built to entertain!!! Priced to sell immediately! Don't miss your chance.

Last Agent to Sell the Property

Jason Ryan

Brand Name Real Estate License #46898 Listed on: 08/11/2021

Brand Name Real Estate

Last Buyer's Agent

Brandon Arnette

KingOne Properties License #63864

KingOne Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,403

Year Built

  • Built in 2015

Lot Details

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

Parking

  • Garage
  • Tuck Under Parking
  • Garage Door Opener

Home Design

  • Stilt Home
  • Raised Foundation
  • Tile

Interior Spaces

  • 3,192 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Family or Dining Combination
  • Ocean Views
  • Home Security System
  • Washer and Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Outdoor Features

  • Deck
  • Front Porch

Location

  • Flood Zone Lot
  • East of US 17

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • 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

$16,403

Year Built

Built in 2015

Lot Details

0

Parking

10

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: 2015
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Tile, Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Living Room Type: Ceiling Fan
  • Lvt Date: 08/11/2021
  • Sold Total Heated Sq Ft: 3192
  • Sold Total Sq Ft: 5950
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 10
  • Total Heated Sq Ft: 3192
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2015

Interior Features

  • Furnished: Yes
  • Interior Amenities: Garage Door Opener, Security System, Wshr/Dryer Connection, Washer/Dryer, Split Bedroom Plan, Furnished
  • Primary Bathroom: Double Sink, Shower, Vanity
  • Kitchen Type: Range, Work Island, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Pantry, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, Walk-In Closet
  • Bedrooms: 6
  • Dining Room Type: Fam/Dr Combo
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Levels: Three Or More
  • Total Sq Ft: 5950

Exterior Features

  • Exterior Features: Deck, Front Porch, Rear Porch, Outside Storage Attached
  • Foundation: Raised Beach
  • Number Of Acres: 0.14

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • 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, Inside City Limits, East Of Bus 17, Oceanview Lot, Marsh/Wetlans View, Channel View
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2023
Sold by
Vereen John W
Bought by
Kt Escapes Llc
Current Estimated Value
$1,255,402

Purchase Details

Listed on
Aug 11, 2021
Closed on
Sep 28, 2021
Sold by
Ardrey James Kelly
Bought by
Vereen John W and Vereen Katherine H
Seller's Agent
Jason Ryan
Brand Name Real Estate
Buyer's Agent
Brandon Arnette
KingOne Properties
List Price
$995,000
Sold Price
$995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%

Purchase Details

Listed on
May 1, 2019
Closed on
Jul 9, 2019
Sold by
Tyler Robert J
Bought by
Ardrey James Kelly
Seller's Agent
Kim Stevens
Beach & Forest Realty North
Buyer's Agent
Jason Ryan
Brand Name Real Estate
List Price
$775,000
Sold Price
$730,000
Premium/Discount to List
-$45,000
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.97%
Original Mortgage
$584,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2016
Closed on
Apr 25, 2017
Sold by
Drake Fowler E
Bought by
Tyler Robert J and Tyler Monica
Seller's Agent
Kim Stevens
Beach & Forest Realty North
Buyer's Agent
Kim Stevens
Beach & Forest Realty North
List Price
$724,900
Sold Price
$660,000
Premium/Discount to List
-$64,900
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%
Original Mortgage
$594,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2013
Sold by
Mayes Ellen H
Bought by
Fowler E Drake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.39%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 5, 2001
Sold by
Mayes James Lamont
Bought by
Mayes Ellen H
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 -- --
Vereen John W $995,000 --
Ardrey James Kelly $730,000 --
Tyler Robert J $660,000 --
Fowler E Drake $185,000 --
Mayes Ellen H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ardrey James Kelly $584,000
Previous Owner Tyler Robert J $594,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2021 10/04/21 Sold $995,000 0.0% $312 / Sq Ft
08/11/2021 08/11/21 For Sale $995,000 +36.3% $312 / Sq Ft
07/16/2019 07/16/19 Sold $730,000 -5.8% $232 / Sq Ft
05/01/2019 05/01/19 For Sale $775,000 +17.4% $246 / Sq Ft
04/25/2017 04/25/17 Sold $660,000 -9.0% $206 / Sq Ft
01/28/2017 01/28/17 Pending -- -- --
07/26/2016 07/26/16 For Sale $724,900 -- $227 / 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 $16,403 $67,886 $27,600 $40,286
2023 $16,403 $40,734 $12,120 $28,614
2021 $13,510 $27,156 $8,080 $19,076
2020 $11,515 $40,734 $12,120 $28,614
2019 $10,766 $25,836 $8,080 $17,756
2018 $11,460 $26,400 $7,000 $19,400
2017 $8,828 $18,896 $7,000 $11,896
2016 -- $28,344 $10,500 $17,844
2015 $2,360 $10,500 $10,500 $0
2014 $2,285 $10,500 $10,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2117759

Coastal Carolinas Association of REALTORS®

APN: 35209010057