NOT LISTED FOR SALE

3401 N Ocean Blvd Unit 304 North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $611,000 - $695,000

6 Beds
4 Baths
2,196 Sq Ft
$932/mo HOA Fee

Last Sold March 11, 2024

Last sale price $665,000 $303 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,952/month

6 Days on Market

Highlights

  • Unit is on the top floor
  • Private Pool
  • Property fronts a channel
  • Ocean Drive Elementary School Rated A
  • Lake View
  • Main Floor Bedroom

About This Home

As of March 2024

Incredible Investment Condo located at Pier Watch Villas in the Cherry Grove Beach section of North Myrtle Beach! THIS IS THE HIGHEST INCOME PRODUCING CONDO IN THIS BUILDING THROUGHOUT HISTORY! This 6-Bedroom, 4-Bathroom, recently renovated, 3rd Floor Condo is being sold TURN-KEY for its next owner! Situated on the Top Floor, Owners & Guests will love the multiple different views that span across the Cherry Grove Channels & Lake Dr! Recent renovations include a Fully Remodeled Kitchen with New Cabinets, New Granite Countertops, New Appliances, New Lighting Fixtures, Fresh Paint and High-End LVP Flooring throughout! This condo comfortably sleeps 12 Guests, making it perfect for larger family beach vacations & very impressive vacation rental income! Being sold FULLY FURNISHED with ALL ITEMS CONVEYING! Enjoy the added benefit of a private pool for this building that is steps from the ocean & all the best that Historical Cherry Grove Beach has to offer. Do not miss the opportunity to own such a rare property!

Last Agent to Sell the Property

Russell Auth

Century 21 Palms Realty License #122959 Listed on: 01/25/2024

Century 21 Palms Realty

Last Buyer's Agent

Mike Green

Coastal Vision Properties LLC License #53781

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,745

Year Built

  • Built in 2006

Lot Details

  • 0.72

HOA Fees

  • $932 Monthly HOA Fees

Home Design

  • Bi-Level Home
  • Raised Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,196 Sq Ft Home
  • Furnished
  • Window Treatments
  • Entrance Foyer
  • Luxury Vinyl Tile Flooring
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Secured Garage or Parking
  • Parking Garage Space

Outdoor Features

  • Private Pool
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Property fronts a channel
  • Unit is on the top floor

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, legal and accounting, master antenna/cable TV, common maint/repair, pest control
  • Mid-Rise Condominium

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,745

Year Built

Built in 2006

Lot Details

0

HOA Fees

$932 per month

Listing Details

  • Lot Description: Rectangular
  • Unit Location: Channel View, Lake/Pond View, Top Floor
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Tenant Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Cable Tv, Internet Access, Owner Allowed Motorcycle, Tenant Allowed Motorcycle
  • Estimated Year Built: 2006
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Luxury Vinyl Plank/Tile, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 932
  • HOA Management Company: Alluvia Pam Stanley 843-491-4398
  • Lvt Date: 01/25/2024
  • Sold Total Heated Sq Ft: 2196
  • Sold Total Sq Ft: 2571
  • Total Heated Sq Ft: 2196
  • Building Style: Mid-Rise 4-6 Stories
  • Building Location: Second Row Other, Second Row Beach
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Pool - In Ground
  • Gross Annual Rental Incom: $113,764.48
  • HOA Fees include insurance: Yes
  • Project Section Code: Pier Watch - Cherry Grove - 11A
  • Rental Mgmt Contract: Yes
  • Which Floor: 03
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Fire Sprinkler, Smoke Detector, Washer/Dryer, Furnished
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms, Foyer, Laundry/Utility
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Microwave, Pantry, Stainless Steel Apps., Solid Surface Countertops
  • Bedrooms: 6
  • Full Bathrooms: 4
  • Levels: Two-Story
  • Total Sq Ft: 2571

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Raised Beach

Garage/Parking

  • Type: Condo
  • Parking: Under Bldg.

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Pest Control

Schools

  • Elementary School: Ocean Bay Elementary School
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Zoning: MF

MLS Schools

  • Elementary School: Ocean Bay Elementary School
  • 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
Jan 25, 2024
Closed on
Mar 1, 2024
Sold by
Beach Therapy Llc
Bought by
Mitchell Claude Morrow and Mitchell Jutta Riesterer
Seller's Agent
Russell Auth
Century 21 Palms Realty
Buyer's Agent
Mike Green
Coastal Vision Properties LLC
List Price
$665,000
Sold Price
$665,000
Total Days on Market
6
Views
693
Current Estimated Value
$651,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,316
Avg. Annual Appreciation
-1.64%
Original Mortgage
$498,750
Outstanding Balance
$492,853
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$158,831

Purchase Details

Closed on
Apr 28, 2023
Sold by
Maleska Brian Edmund
Bought by
Beach Therapy Llc

Purchase Details

Listed on
May 20, 2022
Closed on
Sep 9, 2022
Sold by
Barrett Kimberly
Bought by
Maleska Brian Edmund and Maleska Kerry Ann
Seller's Agent
Lawrence Stopper
ICE Mortgage Technology INC
Buyer's Agent
Russell Auth
Century 21 Palms Realty
List Price
$599,900
Sold Price
$515,000
Premium/Discount to List
-$84,900
-14.15%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$360,500
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2017
Closed on
Jul 20, 2017
Sold by
Wolfe Tamara
Bought by
Barrett Kimberly
Seller's Agent
Tammy Wolfe
Beach & Forest Realty
Buyer's Agent
Lawrence Stopper
ICE Mortgage Technology INC
List Price
$269,000
Sold Price
$255,000
Premium/Discount to List
-$14,000
-5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.65%
Original Mortgage
$200,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2008
Sold by
Us Bank National Association
Bought by
Wolfe Tamara

Purchase Details

Closed on
Apr 15, 2008
Sold by
Butbul Shai
Bought by
Us Bank Na and Holders Of The Adjustable Rate Mortgage

Purchase Details

Closed on
Dec 21, 2006
Sold by
Eibi Roy
Bought by
Butbul Shai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6.1%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 16, 2006
Sold by
Adams Blake
Bought by
Eibi Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.44%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 7, 2006
Sold by
Pier Watch Villas Llc
Bought by
Adams Blake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.44%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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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
Mitchell Claude Morrow $665,000 --
Beach Therapy Llc -- --
Maleska Brian Edmund $515,000 --
Barrett Kimberly $255,000 --
Wolfe Tamara $334,500 --
Us Bank Na $2,500 --
Butbul Shai $870,000 None Available
Eibi Roy $675,000 None Available
Adams Blake $418,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Claude M $498,750
Previous Owner Maleska Brian Edmund $360,500
Previous Owner Barrett Kimberly $200,000
Previous Owner Butbul Shai $130,500
Previous Owner Butbul Shai $696,000
Previous Owner Eibi Roy $750,000
Previous Owner Eibi Roy $135,000
Previous Owner Eibi Roy $540,000
Previous Owner Adams Blake $83,760
Previous Owner Adams Blake $293,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $665,000 0.0% $303 / Sq Ft
01/25/2024 01/25/24 For Sale $665,000 +29.1% $303 / Sq Ft
09/13/2022 09/13/22 Sold $515,000 -6.3% $235 / Sq Ft
07/26/2022 07/26/22 Price Changed $549,900 -8.3% $250 / Sq Ft
05/20/2022 05/20/22 For Sale $599,900 +135.3% $273 / Sq Ft
07/24/2017 07/24/17 Sold $255,000 -5.2% $116 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $269,000 -- $122 / 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 $6,745 $27,615 $0 $27,615
2023 $6,745 $27,615 $0 $27,615
2021 $3,571 $27,615 $0 $27,615
2020 $3,532 $27,615 $0 $27,615
2019 $3,407 $27,615 $0 $27,615
2018 $0 $25,725 $0 $25,725
2017 $2,517 $11,100 $0 $11,100
2016 -- $19,425 $0 $19,425
2015 $2,495 $7,400 $0 $7,400
2014 $2,415 $7,400 $0 $7,400
Source: Public Records

Agents Affiliated with this Home

  • Russell Auth

    Seller's Agent in 2024

    Russell Auth

    Century 21 Palms Realty

    (845) 731-1476

    25 in this area

    138 Total Sales

    Russell Auth
    Section Image
  • Mike Green

    Buyer's Agent in 2024

    Mike Green

    Coastal Vision Properties LLC

    (843) 855-1816

    42 in this area

    238 Total Sales

    Mike Green
    Section Image
  • Lawrence Stopper

    Seller's Agent in 2022

    Lawrence Stopper

    ICE Mortgage Technology INC

    (843) 685-2751

    12 in this area

    455 Total Sales

    Lawrence Stopper
    Section Image
  • Tammy Wolfe

    Seller's Agent in 2017

    Tammy Wolfe

    Beach & Forest Realty

    (843) 424-5752

    133 Total Sales

    Tammy Wolfe
    Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2402133

Coastal Carolinas Association of REALTORS®

APN: 35114040179

South Carolina Horry County North Myrtle Beach 29582 Cherry Grove

3401 N Ocean Blvd Unit 304, North Myrtle Beach, SC

This home is located at 3401 N Ocean Blvd Unit 304, North Myrtle Beach, SC 29582 since 25 January 2024 and is currently estimated at $651,684, approximately $296 per square foot. This property was built in 2006. 3401 N Ocean Blvd Unit 304 is a home located in Horry County with nearby schools including Ocean Drive Elementary School, North Myrtle Beach Middle School, and North Myrtle Beach High School.

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