NOT LISTED FOR SALE

4808 N Ocean Blvd Unit E North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $515,000 - $604,000

3 Beds
3 Baths
1,689 Sq Ft
$790/mo HOA Fee

Last Sold March 19, 2024

Last sale price $591,000 $350 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,409/month

31 Days on Market

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Home Theater
  • Ocean Drive Elementary School Rated A
  • Private Beach
  • Deck

About This Home

As of March 2024

Direct oceanfront 3 bed, 3 bath unit in Cherry Grove - an investor's dream! The exclusive property offers breathtaking oceanfront views and has been a lucrative income-producing investment for the current owners. With a proven track record of high gross rental income, this condo offers the ideal vacation getaway as well as a savvy investment opportunity. Immerse yourself in the beauty of seaside living while capitalizing on the strong rental demand. Seize this chance to own a slice of paradise that pays dividends.

Last Listed By

Todd Palmer

EXP Realty LLC License #95685 Listed on: 01/08/2024

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,446

Year Built

  • Built in 1976

Lot Details

  • Ocean Front
  • Private Beach

HOA Fees

  • $790 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

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

Interior Spaces

  • 1,689 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Open Floorplan
  • Dining Area
  • Home Theater
  • Laminate Flooring

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom faces the ocean
  • Main Floor Bedroom
  • Linen Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Single Vanity
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Balcony
  • Deck
  • Rear Porch

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, manager, common maint/repair, internet access
  • Low-Rise Condominium

Amenities

  • Door to Door Trash Pickup

Pet Policy

  • Only Owners Allowed Pets

Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,446

Year Built

Built in 1976

Lot Details

0

HOA Fees

$790 per month

Listing Details

  • Unit Location: Oceanfront-Unit
  • Amenities Available: Restrictions, Owner Allowed Pet, Tenant Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Internet Access, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Private Beach Comm Access
  • Estimated Year Built: 1976
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan
  • Floor Cover: Laminate, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 790
  • HOA Management Company: East Coast MGT 843-663-1111
  • Living Room Type: Ceiling Fan
  • Lvt Date: 01/08/2024
  • Sold Total Heated Sq Ft: 1689
  • Sold Total Sq Ft: 1989
  • Total Heated Sq Ft: 1689
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: Oceanfront-Building, Oceanview-Building, Inside City Limits, East Of Bus 17, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony, Deck, Rear Porch, Insulated Doors/Windows, Storm Doors, Storm Windows
  • Gross Annual Rental Incom: $67,443.89
  • Project Section Code: Beach Villas - Cherry Grove
  • Rental Mgmt Contract: Yes
  • Which Floor: 02
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1976

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished, Enter Through Foyer
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms, Laundry/Utility, Media Room
  • Primary Bathroom: Shower, Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Oven, Microwave, Pantry, Range Hood, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, Linen Closet, Oceanfront Master Bedroom
  • Bedrooms: 3
  • Dining Room Type: Area, Kit/Dr Combo, Lvr/Dr Combo
  • Full Bathrooms: 3
  • Levels: Two-Story
  • Total Sq Ft: 1989

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Manager, Common Maint/Repair, Internet Access

Schools

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

Lot Info

  • Zoning: MF

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
Jan 8, 2024
Closed on
Mar 15, 2024
Sold by
Sp Global Realty Llc
Bought by
Barnette Matthew J and Barnette Ashley A
Seller's Agent
Todd Palmer
EXP Realty LLC
Buyer's Agent
Christine Howard
Fnis Blac Knight MLS Solutions
List Price
$700,000
Sold Price
$591,000
Premium/Discount to List
-$109,000
-15.57%
Total Days on Market
31
Views
366
Current Estimated Value
$570,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,082
Avg. Annual Appreciation
-2.94%
Original Mortgage
$443,250
Outstanding Balance
$438,137
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$132,781

Purchase Details

Closed on
Nov 19, 2020
Sold by
Handy Raymond E
Bought by
Sp Global Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2002
Sold by
Saleeby Powell Jon E and Saleeby Powell Lisa
Bought by
Handy Raymond E and Handy Sue Ann V

Purchase Details

Closed on
May 11, 2001
Sold by
Jeffrey Gruver C
Bought by
Saleeby Powell Jon E and Saleeby Powell Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.02%
Mortgage Type
Unknown

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
Barnette Matthew J $591,000 --
Sp Global Realty Llc $369,000 --
Handy Raymond E $249,000 --
Saleeby Powell Jon E $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnette Matthew J $443,250
Previous Owner Sp Global Realty Llc $100,000
Previous Owner Saleeby Powell Jon E $150,000
Previous Owner Blanton Donna K $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $591,000 -15.6% $350 / Sq Ft
01/08/2024 01/08/24 For Sale $700,000 -- $414 / 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 $5,446 $38,325 $0 $38,325
2023 $5,446 $38,325 $0 $38,325
2021 $4,956 $38,325 $0 $38,325
2020 $3,476 $35,700 $0 $35,700
2019 $3,353 $35,700 $0 $35,700
2018 $0 $23,625 $0 $23,625
2017 $3,062 $23,625 $0 $23,625
2016 $0 $13,500 $0 $13,500
2015 -- $23,625 $0 $23,625
2014 $851 $13,500 $0 $13,500
Source: Public Records

Agents Affiliated with this Home

  • Todd Palmer

    Seller's Agent in 2024

    Todd Palmer

    EXP Realty LLC

    (843) 945-0123

    3 in this area

    43 Total Sales

    Todd Palmer
    Section Image
  • Christine Howard

    Buyer's Agent in 2024

    Christine Howard

    Fnis Blac Knight MLS Solutions

    (843) 467-8880

    32 in this area

    182 Total Sales

    Christine Howard
    Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2400599

Coastal Carolinas Association of REALTORS®

APN: 35113020165

South Carolina Horry County North Myrtle Beach 29582 Cherry Grove

4808 N Ocean Blvd Unit E, North Myrtle Beach, SC

Homes for Sale in North Myrtle Beach, SC

This home is located at 4808 N Ocean Blvd Unit E, North Myrtle Beach, SC 29582 since 08 January 2024 and is currently estimated at $570,918, approximately $338 per square foot. This property was built in 1976. 4808 N Ocean Blvd Unit E 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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