NOT LISTED FOR SALE

3501 Lake Dr Unit Cherry Grove North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $796,000 - $1,091,000

4 Beds
3.5 Baths
2,484 Sq Ft
$395/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $1,000,000 $403 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,586/month

6 Days on Market

Highlights

  • Ocean View
  • Boat Dock
  • Vaulted Ceiling
  • Ocean Drive Elementary School Rated A
  • Lake On Lot
  • Soaking Tub and Shower Combination in Primary Bathroom

About This Home

As of October 2023

IT just doesn't get better than this spectacular location! ! With the lake in the back yard with unending views of the marsh, and ocean views from the front, you will not want to leave the front or rear covered porches. This home in imaculate condition with new roof and new hot water heater in 2023 is being sold completely furnished. As you step into the first floor entry door you will be captivated by the high cathederal ceilings and exposed second floor oak balcony and stairway. Home features crown moulding throughout. The large living area is an open floor plan convenient to the kitchen with island, solid surface countertops, SS appliances, and a large dining area. First floor also hosts the master suite featuring king bed, glass doors looking out over the lake, ensuite with jetted tub, ceramic shower, and double bowl vanity. There is also a large walk-in closet.Glass doors open from master bedroom onto rear porch. Half bath is on first floor, accessible to guests without entering a bedroom. Full size washer and dryer close by.Head up the beautiful oak balluster stairway and you will find the enclosed landing for the elevator when installed. The elevator shaft is installed for convenience from ground to second floor. Owner currently uses shaft for storage. Three bedrooms featuring 1 king bed, 1 queen bed and 2 twins with two full baths complete the second level. The decks and steps are finished with composite decking materials, the siding is cedar shake, and the exterior handrails are all vinyl for low to no maintenance.Underneath you will love the privacy of the glass garage doors as you entertain in the large open area underneath the home (not included in sq. footage). Double doors allow a space to store your golf cart or all your water toys. After a relaxing day on the sandy shore of the Atlantic,(just 527' away) step into the outdoor shower with hot and cold water to wash the sand from your toes. There is a ramp and floating dock for fishing, crabbing, cayaking, etc. and there are no dredge fees here.This property checks all the boxes if you are looking for a second home, a primary residence, or if you are looking for an investment,this home is currently on a rental program and has a great rental history. Call today to view this home on the lake, 527' from ocean and within a short drive to shopping, restaurants, and all the attractions of the Grand Strand.

Last Agent to Sell the Property

Lynne Bryant

BH & G Elliott Coastal Living License #60552 Listed on: 09/25/2023

Last Buyer's Agent

Alton Swann

Keller Williams Innovate South License #94875

Keller Williams Innovate South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,847

Year Built

  • Built in 2008

Lot Details

  • 3,920 Sq Ft Lot
  • Fenced
  • Rectangular Lot

Parking

  • Driveway
  • Golf Cart Garage

Property Views

  • Ocean
  • Lake

Home Design

  • Stilt Home
  • Bi-Level Home
  • Raised Foundation
  • Wood Frame Construction
  • Vinyl Siding
  • Siding
  • Tile

Interior Spaces

  • 2,484 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Lake On Lot
  • Front Porch

Location

  • Flood Zone Lot
  • East of US 17

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Phone Available
  • 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

$12,847

Year Built

Built in 2008

Lot Details

0

Parking

4

Listing Details

  • Lot Description: Rectangular, Designated Flood Zone
  • Estimated Year Built: 2008
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Vaulted/Cathedral Ceiling, Ceiling Fan
  • Floor Cover: Tile, Carpeting, Laminate
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Lvt Date: 09/26/2023
  • Sold Total Heated Sq Ft: 2484
  • Sold Total Sq Ft: 3174
  • Style: Raised Beach
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 2484
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Furnished, Elevator Shaft-Interior
  • Other Rooms: Laundry/Utility
  • Primary Bathroom: Double Sink, Shower, Tub, Vanity, Whirlpool Tub
  • Kitchen Type: Range, Work Island, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Pantry, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, 1st Flr Level, Walk-In Closet
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 3174

Exterior Features

  • Exterior Features: Front Porch, Rear Porch, Fencing, Lawn Sprinkler, Outside Storage Attached, Boat Dock, Golf Cart Garage
  • Exterior Finish: Wood Frame, Siding, Vinyl Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.09

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 Lake/Pond, Inside City Limits, East Of Bus 17, Oceanview Lot, Lake/Pond View
  • Zoning: R

Rental Info

  • Gross Rental Income: 57086

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
Sep 25, 2023
Closed on
Oct 24, 2023
Sold by
Hucks Martha D
Bought by
All The Above Realty Llc
Seller's Agent
Lynne Bryant
BH & G Elliott Coastal Living
Buyer's Agent
Alton Swann
Keller Williams Innovate South
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Total Days on Market
6
Views
9
Current Estimated Value
$982,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,600
Avg. Annual Appreciation
-1.10%

Purchase Details

Closed on
Jun 27, 2003
Sold by
Hucks Martha D and Estate Of T E Dorsey
Bought by
Hucks Martha D
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
All The Above Realty Llc $1,000,000 --
Hucks Martha D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open All The Above Realty Llc $500,000
Previous Owner Hucks Henry Steven $275,000
Previous Owner Kraska Jan C $615,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $1,000,000 -9.1% $403 / Sq Ft
09/25/2023 09/25/23 For Sale $1,100,000 -- $443 / 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 $12,847 $22,702 $7,970 $14,732
2023 $12,847 $22,702 $7,970 $14,732
2021 $5,137 $28,693 $7,999 $20,694
2020 $5,080 $28,693 $7,999 $20,694
2019 $4,901 $28,693 $7,999 $20,694
2018 $2,029 $13,160 $4,620 $8,540
2017 $4,477 $13,160 $4,620 $8,540
2016 -- $13,160 $4,620 $8,540
2015 $1,338 $13,160 $4,620 $8,540
2014 $1,244 $13,160 $4,620 $8,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2319557

Coastal Carolinas Association of REALTORS®

APN: 35114040041