NOT LISTED FOR SALE

502 48th Ave N Unit 202 North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $335,336 - $440,000

2 Beds
2 Baths
1,301 Sq Ft
$399/mo HOA Fee

Last Sold September 19, 2016

Last sale price $177,000 $136 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,669/month

128 Days on Market

Highlights

  • Private Pool
  • Sitting Area In Primary Bedroom
  • Whirlpool Bathtub
  • Ocean Drive Elementary School Rated A
  • Creek or Stream View
  • Furnished

About This Home

As of September 2016

Great opportunity on this 2 bedroom, 2 bath condo at Ocean Marsh unit 202. This condo has views of the tidal creek from the balcony and is approximately 3 blocks to the beach. Ocean Marsh 202 features granite countertops and stainless steel appliances in the kitchen. The master bath features tile floor, double sinks, separate shower and a jetted tub. You also have a laundry/utility room with full size washer/dryer. Ocean Marsh 202 is furnished and waiting on its new owner. This is truly a home away from home that has been well maintained.

Last Agent to Sell the Property

Ron Jackson

BH & G Elliott Coastal Living License #59565 Listed on: 03/29/2016

Last Buyer's Agent

Brendon Payne

Century 21 The Harrelson Group License #66802

Century 21 The Harrelson Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,910

Year Built

  • Built in 2007

HOA Fees

  • $399 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Raised Foundation
  • Concrete Siding
  • Tile

Interior Spaces

  • 1,301 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Carpet
  • Creek or Stream Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Secured Garage or Parking
  • Parking Garage Space

Accessible Home Design

  • No Carpet

Outdoor Features

  • Private Pool
  • Balcony

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include electric common, water and sewer, elevator service, pool service, landscape/lawn, master antenna/cable TV, common maint/repair
  • Mid-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Elevator

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,910

Year Built

Built in 2007

Lot Details

0

HOA Fees

$399 per month

Listing Details

  • Unit Location: Inlet/Creek View
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access
  • Estimated Year Built: 2007
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 399
  • HOA Management Company: Breeze Managment
  • Home Warranty: Yes
  • Living Room Type: Ceiling Fan
  • Lvt Date: 04/01/2016
  • Provider Company: Old Republic
  • Sold Total Heated Sq Ft: 1301
  • Sold Total Sq Ft: 1351
  • Total Heated Sq Ft: 1301
  • Building Style: Mid-Rise 4-6 Stories
  • Building Location: Inlet/Creek, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Elevator-Exterior
  • Project Section Code: Ocean Marsh
  • Rental Mgmt Contract: Yes
  • Which Floor: 02
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2007

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished
  • Other Rooms: Foyer, Laundry/Utility
  • Primary Bathroom: Double Sink, Shower, Whirlpool Tub
  • Kitchen Type: Dishwasher, Refrigerator, Range, Breakfast Bar, Microwave, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Sitting Area
  • Bedrooms: 2
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1351

Exterior Features

  • Exterior Finish: Concrete Fiber Siding
  • Foundation: Raised Beach

Garage/Parking

  • Type: Condo
  • Parking: Under Bldg.

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, Elevator Service, Pool Service, Landscape/Lawn, Master Antenna/Cable Tv, Common Maint/Repair

Schools

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

Lot Info

  • Zoning: R-4

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
Mar 29, 2016
Closed on
Sep 16, 2016
Sold by
Three Jewels Llc
Bought by
Bowser David S and Bowser Teresea H
Seller's Agent
Ron Jackson
BH & G Elliott Coastal Living
Buyer's Agent
Brendon Payne
Century 21 The Harrelson Group
List Price
$180,000
Sold Price
$177,000
Premium/Discount to List
-$3,000
-1.67%
Current Estimated Value
$382,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,334
Avg. Annual Appreciation
8.91%
Original Mortgage
$127,000
Outstanding Balance
$101,991
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$280,343

Purchase Details

Closed on
Sep 9, 2007
Sold by
Hamilton Margaret M and Mcmanus Miriam P
Bought by
Three Jewels Llc

Purchase Details

Closed on
May 7, 2007
Sold by
Ocean Marsh Llc
Bought by
Hamilton Margaret M and Mcmanus Miriam P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bowser David S $177,000 --
Three Jewels Llc -- Attorney
Hamilton Margaret M $249,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowser David S $127,000
Closed Bowser David S $127,000
Previous Owner Hamilton Margaret M $199,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2016 09/19/16 Sold $177,000 -1.7% $136 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $180,000 -- $138 / 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 $2,910 $19,860 $0 $19,860
2023 $2,910 $20,475 $0 $20,475
2021 $2,648 $20,475 $0 $20,475
2020 $2,618 $20,475 $0 $20,475
2019 $2,526 $20,475 $0 $20,475
2018 $0 $18,060 $0 $18,060
2017 $2,341 $10,320 $0 $10,320
2016 -- $8,100 $0 $8,100
2015 $1,821 $14,175 $0 $14,175
2014 $1,763 $8,100 $0 $8,100
Source: Public Records

Agents Affiliated with this Home

  • Ron Jackson

    Seller's Agent in 2016

    Ron Jackson

    BH & G Elliott Coastal Living

    (843) 457-5522

    11 in this area

    64 Total Sales

    Ron Jackson
    Section Image
  • Brendon Payne

    Buyer's Agent in 2016

    Brendon Payne

    Century 21 The Harrelson Group

    (843) 222-5771

    13 in this area

    638 Total Sales

    Brendon Payne
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1606985

Coastal Carolinas Association of REALTORS®

APN: 39107030045

South Carolina Horry County North Myrtle Beach 29582 Cherry Grove

502 48th Ave N Unit 202, North Myrtle Beach, SC

This home is located at 502 48th Ave N Unit 202, North Myrtle Beach, SC 29582 since 29 March 2016 and is currently estimated at $382,334, approximately $293 per square foot. This property was built in 2007. 502 48th Ave N Unit 202 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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