NOT LISTED FOR SALE

4902 N Ocean Blvd Unit "THIS IS THE LIFE" North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $1,662,000 - $4,025,449

7 Beds
7.5 Baths
5,650 Sq Ft
$549/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $2,100,000 $372 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $19,929/month

66 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Solid Surface Countertops
  • Ocean Drive Elementary School Rated A
  • Furnished
  • Elevator

About This Home

As of July 2014

LUXURIOUS OCEAN FRONT HOUSE IN CHERRY GROVE WITH POOL, HOT TUB, WALK WAY TO THE BEACH, OUTDOOR STAINLESS STEEL GAS GRILL, HARDWOOD FLOORS, GOURMET KITCHEN WITH A KITCHEN AID GAS COOK TOP, STAINLESS APPLIANCES, 2 REFRIGERATORS, 2 OVENS, 2 DISHWASHERS, AND BEAUTIFULLY DECORATED. THIS HOUSE WILL SLEEP 28.

Last Listed By

Kim Stevens

Fnis Blac Knight MLS Solutions License #79433 Listed on: 04/15/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,706

Year Built

  • Built in 2014

Lot Details

  • Ocean Front
  • Fenced
  • Irregular Lot

Parking

  • Tuck Under Parking

Home Design

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

Interior Spaces

  • 5,650 Sq Ft Home
  • Furnished
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Wood patio
  • Rear Porch

Location

  • Flood Zone Lot
  • East of US 17

Utilities

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

Community Details

Recreation

  • Community Pool

Additional Features

  • The community has rules related to fencing
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,706

Year Built

Built in 2014

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Irregular, Designated Flood Zone
  • Amenities Available: Pool - Outdoor Community, Seller Disclosure, Short Term Rental Allowed
  • Estimated Year Built: 2014
  • Class: Residential
  • Construction Status: Never Occupied
  • Floor Cover: Tile, Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Sold Total Heated Sq Ft: 5650
  • Sold Total Sq Ft: 6450
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 5650
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Furnished, Elevator-Interior
  • Other Rooms: Laundry/Utility
  • Kitchen Type: Range, Work Island, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Stainless Steel Apps., Solid Surface Countertops
  • Bedrooms: 7
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 6450

Exterior Features

  • Exterior Features: Rear Porch, Fencing, Pool-Outdoor Private, Spa/Hot Tub, Outside Storage Attached, Elevator-Exterior
  • Exterior Finish: Wood Frame
  • Foundation: Raised Beach

Garage/Parking

  • Type: Detached

Utilities

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

Schools

  • Elementary School: North Myrtle Beach Elementary - Inactive
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Lot Location: Oceanfront Lot, Inside City Limits, East Of Bus 17
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2014
Closed on
Jul 23, 2014
Sold by
Rykard David Kevin and Rykard Mary Evelyn
Bought by
Perkin Anthony S and Perkin Theresa M
Seller's Agent
Kim Stevens
Fnis Blac Knight MLS Solutions
Buyer's Agent
Robin McDowell
CB Sea Coast Advantage NMB
List Price
$23,000,000
Sold Price
$2,100,000
Premium/Discount to List
-$20,900,000
-90.87%
Total Days on Market
66
Current Estimated Value
$3,103,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,003,112
Avg. Annual Appreciation
3.67%
Original Mortgage
$1,575,000
Outstanding Balance
$1,221,769
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$1,881,343

Purchase Details

Closed on
Jan 25, 2013
Sold by
Hamby Joe D
Bought by
Rykard David Kevin

Purchase Details

Closed on
Dec 10, 2004
Sold by
Wolf Colon W and Wolf Sibyl Y
Bought by
Frank Maryann and Frank John J

Purchase Details

Closed on
Sep 6, 2002
Sold by
Kirby Ralph T
Bought by
Bair Robert L and Bair Mary J

Purchase Details

Closed on
May 11, 2001
Sold by
Powell Jon E and Powell Lisa S
Bought by
Hamby Joe D and Hamby Gail B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 1999
Sold by
Smith Investment Of Carolina Inc
Bought by
Powell Jon E and Powell Lisa S

Purchase Details

Closed on
Apr 18, 1998
Sold by
Thomas Scott M and Baker Stephen
Bought by
Smith Investment Inc

Range of Values:

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Average Value
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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
Perkin Anthony S $2,100,000 --
Rykard David Kevin $620,000 --
Frank Maryann $182,500 --
Bair Robert L $300,000 --
Hamby Joe D $527,500 --
Powell Jon E $387,500 --
Smith Investment Inc $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perkin Anthony S $1
Open Perkin Anthony S $1,575,000
Previous Owner Rykard David Kevin $1,093,000
Previous Owner Hamby Joe D $275,000
Previous Owner Hamby Joe D $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2014 07/25/14 Sold $2,100,000 -90.9% $372 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $23,000,000 -- $4,071 / 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 $31,706 $127,524 $43,560 $83,964
2023 $31,706 $127,524 $43,560 $83,964
2021 $28,858 $127,524 $43,560 $83,964
2020 $28,539 $127,524 $43,560 $83,964
2019 $27,532 $127,524 $43,560 $83,964
2018 $28,142 $122,999 $38,999 $84,000
2017 $8,845 $38,999 $38,999 $0
2016 -- $38,999 $38,999 $0
2015 $23,184 $103,134 $39,000 $64,134
2014 $8,486 $39,000 $39,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1407295

Coastal Carolinas Association of REALTORS®

APN: 35113020173