NOT LISTED FOR SALE

Estimated Value: $556,922

3 Beds
3 Baths
1,689 Sq Ft
1976 Built

Sale Details

Date Sold: March 19, 2024

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

Est. 6% decrease in value since last sale

Current estimated payment $4,593 / mo

31 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Media Room
  • Ocean Drive Elementary School Rated A
  • Private Beach
  • Private Membership Available

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 Agent to Sell the Property

Todd Palmer

EXP Realty LLC Brokerage Phone: 843-945-0123 License #95685 Listed on: 01/08/2024

EXP Realty LLC

Last Buyer's Agent

Christine Howard

CRG Homes License #94095

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1976

Lot Details

  • Ocean Front
  • Private Beach

HOA Fees

  • $790 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,689 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Media Room
  • Utility Room
  • Ocean Views

Kitchen

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

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Linen Closet
  • 3 Full Bathrooms
  • Single Vanity
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors

Outdoor Features

  • Balcony
  • Deck
  • Rear Porch

Location

  • City Lot

Schools

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

Utilities

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

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed

Community Details

Overview

  • Association fees include management, common areas, internet, sewer, trash, water
  • Private Membership Available
  • Low-Rise Community
  • Beach Villas Cherry Grove Subdivision

Amenities

  • Community Wi-Fi

Recreation

  • Community Beach Access
  • Beach

Pet Policy

  • Only Owners Allowed Pets

Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1976

Lot Details

0 Sq Ft Lot

HOA Fees

$790 per month

Listing Details

  • Property Sub Type: Condominium
  • Property Type: Residential
  • Community Features: Beach, Internet Access, Private Beach, Long Term Rental Allowed, Short Term Rental Allowed, Waterfront
  • Has View?: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Dryer, Washer
  • Association Amenities: Beach Rights, Owner Allowed Motorcycle, Private Membership, Pet Restrictions, Pets Allowed, Tenant Allowed Motorcycle, Trash
  • Association Fees: 790.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Association Management, Common Areas, Internet, Sewer, Trash, Water
  • Has HOA?: Yes
  • Pets Allowed: Owner Only, Yes
  • AttributionContact: Cell: 843-945-0123
  • Co List Office Mls Id: 3239
  • Special Conditions: None
  • MLS Status: Closed
  • Standard Status: Closed
  • Subdivision Name: Beach Villas - Cherry Grove
  • Architectural Style: Low Rise
  • Has Cooling?: Yes
  • Entry Level: 2
  • Has Heating?: Yes
  • Living Area: 1689.0
  • Patio/Porch Features: Balcony, Rear Porch, Deck
  • Efficiency: Doors, Windows
  • Property Condition: Resale
  • Room Types: Media Room, Utility Room
  • Year Built: 1976
  • HumanModifiedYN: No
  • DaysOnMarketReplicationDate: 2024-03-19
  • PropertySubTypeAdditional: Condominium
  • CountrySubdivision: 45051
  • DaysOnMarketReplication: 71
  • DaysOnMarketReplicationIncreasingYN: No
  • SaleOrLeaseIndicator: For Sale
  • UniversalParcelId: urn:reso:upi:2.0:US:45051:35113020165
  • RecordSignature: -340319042
  • OriginatingSystemSubName: CCAR_CCAR
  • CLIP: 8997316125
  • CurrentPrice: 591000.0
  • ShowingConsiderations: Occupied
  • CustomProperty: { "WeeklyRate": null, "OffMarketDate": "2024-03-19", "LivingAreaRange": null, "GuestHouseYN": null, "Lang2_Type": null, "AboveGradeUnfinishedAreaRange": null, "GuestHouseAreaTotalUnits": null, "PrivateShowingInstructions": null, "NumberOfBoatSlips": null, "LotSizeRangeUnits": null, "LakeId": null, "BuildingAreaTotalRange": null, "HumanModifiedYN": false, "MineralRights": null, "LotSizeRangeSource": null, "Permission": null, "Membership": null, "ModificationTimestamp": "2026-09-21T21:01:59.817-00:00", "Restrictions": "Community Restrictions", "BoatDockSlipFeatures": null, "OffersReviewDate": null, "AdditionalFeeFrequency": null, "PotentialShortSale": null, "TitleCompanyPhone": null, "LeaseAmountPerAreaUnit": null, "AssociationFeeTotal": null, "PropertyAccess": null, "AdditionalFee": null, "LakeSize": null, "LivingAreaRangeHigh": null, "LotSizeAreaRangeLow": null, "GarageArea": null, "BelowGradeFinishedAreaRange": null, "BuildingAreaTotalRangeSource": null, "GarageAreaUnits": null, "AdditionalFeeYN": null, "LakeChainName": null, "BelowGradeFinishedAreaRangeUnits": null, "DevelopmentName": null, "TaxAuthority": null, "ProjectName": null, "WaterAccessYN": null, "AssociationFeeTotalFrequency": null, "ListOfficeMlsId": "3239", "GarageDimensions": null, "BelowGradeBedrooms": null, "MembershipRequiredYN": null, "AboveGradeBedrooms": null, "GulfAccessYN": null, "TaxAssessedValueImprovement": null, "AboveGradeUnfinishedAreaRangeSource": null, "OtherExpenseDescription": null, "MembershipFeeFrequency": null, "ListingKeyNumeric": 1054173575, "AdditionalInfo3": null, "BoatDockSlipDescription": null, "AdditionalInfo1": "Gross Annual Rental Income:$67,443.89", "PublicRemarks_lang2": null, "AdditionalInfo2": null, "PublicRemarks_lang3": null, "SourceFloorPlansCount": null, "LastMonthRentReqYN": null, "AboveGradeUnfinishedAreaRangeUnits": null, "ListAOR": null, "ThirdPartyIntegrationType": null, "BuildingAreaTotalRangeUnits": null, "PricePerAreaUnit": null, "FractionalShare": null, "TitleCompanyName": null, "AboveGradeFinishedAreaRangeSource": null, "BelowGradeFinishedAreaRangeSource": null, "OriginatingSystemKey": "2400599", "GuestHouseAreaTotalSource": null, "LeaseTermsDescription": null, "PropertyType": "Residential", "LivingAreaRangeUnits": null, "OriginatingSystemName": "CCAR", "BelowGradeUnfinishedAreaRangeSource": null, "LandTenure": null, "OffSeasonRate": null, "Attic": null, "MembershipFee": null, "BoatDockAccommodates": null, "ListingId": "2400599", "PropertySubTypeAdditional": "Condominium", "PricePerArea": null, "BoatDockYN": null, "BonusAmount": null, "GuestHouseAreaTotal": null, "ListingKey": "1054173575", "GuestHouseDescription": null, "SecurityDepositYN": null, "SourceSupplementPublicCount": null, "SaleOrLeaseIncludes": null, "AdditionalFeeDescription": null, "InternetEntireListingDisplayYN": true, "SeasonRate": null, "ComplexName": null, "StoriesPartial": null, "CustomFields": "{\n \"ListingKey\": \"1054173575\"\n}", "BoatDockHeight": null, "AvailabilityType": null, "LakeName": null, "OriginatingSystemSubName": "CCAR_CCAR", "RiverName": null, "BelowGradeUnfinishedAreaRangeUnits": null, "ListOfficeKey": "4477656", "TaxYearRange": null, "NumberOfBoatDocks": null, "LotSizeAreaRangeHigh": null, "TaxAssessedValueLand": null, "StandardStatus": "Closed", "GulfAccessType": null, "BoatSlipYN": null, "StormProtection": null, "LivingAreaRangeSource": "Assessor", "LeaseAmountPerArea": null, "TitleCompanyAddress": null, "MonthlyRate": null, "WaterAccessDescription": null, "SecurityDepositDescription": null, "TaxRate": null, "BelowGradeUnfinishedAreaRange": null, "MembershipDescription": null, "TitleCompanyPreferred": null, "AboveGradeFinishedAreaRangeUnits": null, "AboveGradeFinishedAreaRange": null, "LivingAreaRangeLow": null, "BuildingSizeDimensions": null, "PropertySubType": "Condominium", "UnitLocation": "Oceanfront-Unit", "ConsumerRemarks": null, "LotSizeRange": null, "OffersDescription": null, "Lang3_Type": null, "StoriesPartialTotal": null, "Location": "Oceanfront-Building,Oceanview-Building,Inside City Limits,East Of Bus 17,East of Highway 17 Bypass", "RentSpreeYN": null, "RentSpreeURL": null, "ApplicationFee": null, "CommunityDevelopmentDistrictYN": null, "SourceSystemKey": null }
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, Furnished, Linen Closet, Separate Shower, Vanity, Window Treatments, Bedroom on Main Level, High Speed Internet, Stainless Steel Appliances, Solid Surface Counters
  • Lot Features: City Lot
  • Levels: Two
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Insulated Doors, Storm Door(s)
  • Flooring: Laminate, Tile
  • Window Features: Storm Window(s)

Exterior Features

  • Exterior Features: Balcony, Deck, Porch
  • View: Ocean
  • Waterfront Features: Ocean Front
  • Waterfront?: Yes
  • Disclosures: SubjecttoStateVacationRentalAct, Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, High Speed Internet Available, Trash Collection
  • Laundry Features: Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating System: Central, Electric
  • Water Source: Public

Schools

  • Middle Or Junior School: North Myrtle Beach Middle School

Lot Info

  • Zoning: MF
  • Land Lease Expiration Date: 2024-07-07

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Seller's Agent
Todd Palmer
EXP Realty LLC
Buyer's Agent
Christine Howard
CRG Homes
List Price
$700,000
Sold Price
$591,000
Premium/Discount to List
-$109,000
-15.57%
Views
366
Current Estimated Value
$556,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,078
Avg. Annual Appreciation
-2.32%
Original Mortgage
$443,250
Outstanding Balance
$431,309
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$125,613

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Cherry Grove, SC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$591,000 --
Sp Global Realty Llc $369,000 --
Handy Raymond E $249,000 --
Saleeby Powell Jon E $190,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,615 $0 $0 $0
2024 $7,615 $34,200 $0 $34,200
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

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2400599

Coastal Carolinas Association of REALTORS®

APN: 35113020165

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