NOT LISTED FOR SALE

Estimated Value: $1,005,000 - $1,105,000

8 Beds
7 Baths
3,807 Sq Ft
$275/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $675,000 $177 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,975/month

122 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Ocean Drive Elementary School Rated A
  • Property is near a beach
  • Bonus Room

About This Home

As of July 2020

Rare investment opportunity to own a home at Grand Cayman in popular Cherry Grove Beach. Direct Ocean Boulevard location and just steps to the ocean front! This spacious eight bedroom, seven bath floor plan spreads across three floors and makes this the perfect home for vacationers and large groups. An upscale feel with modern furnishings and decor, you'll find custom details like heavy crown moldings, transom windows and neutral paint scheme throughout. The home comes fully furnished with all decor, furnishings, outdoor rockers, appliances, and electronics. Perfect for outdoor living, triple balconies line the front of the home to enjoy unobstructed ocean views and feel the breeze in your own rocking chair. All views in the photos were taken from this homes balconies so you see the true view! The main floor offers a spacious living area with open access to the kitchen. Granite counter tops, dual stainless LG refrigerators, and glass backsplash give a luxurious touch. Plenty of cabinet space and prep area, your guests can easily serve meals for large groups. Just off of the kitchen you'll have a game area with pool table, a hall bath and laundry room. The game area has plenty of seating, a large pool table, and video game console. The second and third floors are mirror images with 4 bedrooms and three baths on each. Both floors feature a large master suite and balcony access. Each bedroom has a tv and is cable ready. This home has been meticulously maintained and has many other features; patio doors with built in blinds, smooth ceilings, recessed lighting, keypad door locks, low pile carpeting and travertine look tile flooring. The exterior is low maintenance with vinyl siding and vinyl handrails. Excellent investment opportunity with a strong rental history and bookings for the upcoming year. The Grand Cayman complex has a community pool and bbq area and has a prime Cherry Grove location. Steps to the oceanfront, plenty of parking, and marsh views along the rear of the home. All information is deemed reliable, buyer is responsible for verification.

Last Agent to Sell the Property

Blanche Welborn

Latitude Realty License #95764 Listed on: 01/22/2020

Latitude Realty

Co-Listed By

Emily Welborn

Rowles Real Estate License #113825

Last Buyer's Agent

Kim Stevens

Beach & Forest Realty North License #79433

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,987

Year Built

  • Built in 2003

Lot Details

  • 3,485 Sq Ft Lot
  • Rectangular Lot

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Raised Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 3,807 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Dining Area
  • Bonus Room
  • Carpet
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Split Bedroom Floorplan
  • Linen Closet
  • Bathroom on Main Level
  • 7 Full Bathrooms
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Private Pool
  • Property is near a beach
  • Balcony

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
  • Cable TV Available

Community Details

Overview

  • Association fees include common maint/repair, pool service

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,987

Year Built

Built in 2003

Lot Details

0

HOA Fees

$350 per month

Parking

4

Listing Details

  • Lot Description: Designated Flood Zone, Rectangular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Pool - Outdoor Community, Short Term Rental Allowed
  • Estimated Year Built: 2003
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Quarterly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 350
  • HOA Management Company: Danny Gann 843-222-9234
  • Living Room Type: Ceiling Fan
  • Lvt Date: 01/24/2020
  • Sold Total Heated Sq Ft: 3807
  • Sold Total Sq Ft: 3807
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 3807
  • Geo Subdivision: SC
  • Ground Floor Heated Sq Ft: 3807
  • Section Subdivision: Grand Cayman
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Split Bedroom Plan, Furnished
  • Other Rooms: 1st Floor Baths, Bonus Room, Laundry/Utility
  • Primary Bathroom: Double Sink, Shower, Tub, Vanity
  • Kitchen Type: Dishwasher, Solid Surface Countertops, Microwave, Pantry, Refrigerator, Range Hood, Range, Work Island
  • Master Bedroom Type: Ceiling Fan, Linen Closet
  • Bedrooms: 8
  • Dining Room Type: Area, Ceiling Fan
  • Full Bathrooms: 7
  • Levels: Three Or More
  • Total Sq Ft: 3807

Exterior Features

  • Exterior Features: Balcony, Pool-Outdoor Private
  • Exterior Finish: Vinyl Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.08

Garage/Parking

  • Type: Semi-Detached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Maint/Repair, Pool Service

Schools

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

Lot Info

  • Lot Location: East Of Bus 17, Oceanview Lot, Second Row Beach
  • Zoning: RES

Rental Info

  • Gross Rental Income: 80000

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

Closed on
May 21, 2024
Sold by
Visconti Tinamarie
Bought by
Petrovich Courtney and Petrovich Adam
Current Estimated Value
$1,045,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,550
Outstanding Balance
$760,308
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$272,068

Purchase Details

Closed on
May 10, 2024
Sold by
Visconti Tinamarie
Bought by
Petrovich Courtney and Petrovich Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,550
Outstanding Balance
$760,308
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$272,068

Purchase Details

Listed on
Jan 22, 2020
Closed on
Jul 9, 2020
Sold by
Burke Roger Lee
Bought by
Visconti Tinamarie and Walsh Frances D
Seller's Agent
Blanche Welborn
Latitude Realty
Buyer's Agent
Kim Stevens
Beach & Forest Realty North
List Price
$699,900
Sold Price
$675,000
Premium/Discount to List
-$24,900
-3.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$472,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2009
Sold by
Burke Roger L
Bought by
Burke Roger Lee

Purchase Details

Closed on
Jan 16, 2004
Sold by
North Myrtle Beach Investment Group Llc
Bought by
Burke Roger L and Burke Linda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
May 16, 2003
Sold by
Klr Investment Group Llc
Bought by
North Myrtle Beach Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,500
Interest Rate
5.81%
Mortgage Type
Construction
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
Petrovich Courtney $1,025,000 --
Petrovich Courtney -- --
Visconti Tinamarie $675,000 --
Burke Roger Lee -- --
Burke Roger L $715,000 --
North Myrtle Beach Investment Group Llc $110,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrovich Courtney $766,550
Previous Owner Visconti Tinamarie $472,500
Previous Owner Burke Roger L $536,000
Previous Owner North Myrtle Beach Investment Group Llc $425,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2020 07/14/20 Sold $675,000 -3.6% $177 / Sq Ft
01/22/2020 01/22/20 For Sale $699,900 -- $184 / 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 $12,987 $60,068 $27,600 $32,468
2023 $12,987 $39,300 $12,528 $26,772
2021 $8,894 $68,775 $21,924 $46,851
2020 $5,443 $58,538 $18,270 $40,268
2019 $5,251 $33,450 $10,440 $23,010
2018 $0 $21,150 $5,220 $15,930
2017 $4,797 $21,150 $5,220 $15,930
2016 -- $21,150 $5,220 $15,930
2015 $4,755 $21,150 $5,220 $15,930
2014 $4,602 $21,150 $5,220 $15,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2001741

Coastal Carolinas Association of REALTORS®

APN: 35114030040