NOT LISTED FOR SALE

5201 N Ocean Blvd Unit 33 North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $106,000 - $164,000

1 Bed
1 Bath
462 Sq Ft
$212/mo HOA Fee

Last Sold March 24, 2021

Last sale price $73,000 $158 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,006/month

147 Days on Market

Highlights

  • Private Pool
  • Furnished
  • Storm Doors
  • Ocean Drive Elementary School Rated A
  • Ceiling Fan

About This Home

As of March 2021

Great location in Cherry Grove, you really feel you are at the beach, with the ocean on one side and the inlet on the other side. Short walking distance from public boat dock and fishing pier, the inlet is great for the kayaker also. And less then a mile from the point of Cherry Grove . This unit is true level ground floor units, no steps, it rents well, and can be short or long term rental . Get your piece of the beach at a great price today.

Last Agent to Sell the Property

Michelle "Leigh" Bowman

Realty Rock License #118803 Listed on: 09/23/2020

Co-Listed By

Tony Warren

Realty Rock License #94663

Last Buyer's Agent

Ashley DeLong

RE/MAX Southern Shores License #89541

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,224

Year Built

  • Built in 1967

Lot Details

  • 10,149

HOA Fees

  • $212 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Entry on the 1st floor
  • Steel Siding

Interior Spaces

  • 462 Sq Ft Home
  • Furnished
  • Ceiling Fan

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Pool

  • Private Pool

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, pool service, landscape/lawn, manager, legal and accounting, master antenna/cable TV, electric in unit
  • Low-Rise Condominium

Recreation

  • Community Pool

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,224

Year Built

Built in 1967

Lot Details

0

HOA Fees

$212 per month

Listing Details

  • Amenities Available: Pool-Outdoor Community, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed
  • Estimated Year Built: 1967
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • HOA Fee Frequency: Quarterly
  • Monthly HOA as Calculated: 212
  • HOA Management Company: Rhonda Marsh 803-486-0157
  • Living Room Type: Ceiling Fan
  • Lvt Date: 09/23/2020
  • Sold Total Heated Sq Ft: 462
  • Sold Total Sq Ft: 462
  • Total Heated Sq Ft: 462
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: Second Row Beach
  • Exterior Unit Features: Pool-Outdoor Private, Storm Doors
  • Project Section Code: Grand Strand Resort
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1967

Interior Features

  • Furnished: Yes
  • Kitchen Type: Refrigerator, Range, Microwave
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 462

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: 1.5 Car Unit

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Pool Service, Landscape/Lawn, Manager, Legal And Accounting, Master Antenna/Cable Tv, Electric In Unit

Schools

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

Lot Info

  • Zoning: R1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Mar 24, 2021
Sold by
Southern Breeze Investment Grp Llc
Bought by
Hedrick Michael Ray and Hedrick Geneva Mae
Seller's Agent
Michelle "Leigh" Bowman
Realty Rock
Buyer's Agent
Ashley DeLong
RE/MAX Southern Shores
List Price
$89,000
Sold Price
$73,000
Premium/Discount to List
-$16,000
-17.98%
Current Estimated Value
$131,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,079
Avg. Annual Appreciation
14.72%
Original Mortgage
$65,700
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2020
Sold by
Southern Breeze Realty Investments Llc
Bought by
Southern Breeze Investment Grp Llc

Purchase Details

Closed on
May 18, 2018
Sold by
Fertitta Michael
Bought by
Southern Breeze Realty Investm

Purchase Details

Closed on
Mar 6, 2018
Sold by
Carter Debora Ann
Bought by
Fertitta Michael

Purchase Details

Closed on
Feb 27, 2007
Sold by
Weaver Bobby G
Bought by
Carter Debora Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2004
Sold by
Baker Jerry M and Baker Phyllis B
Bought by
Weaver Bobby G

Purchase Details

Closed on
Aug 18, 1999
Sold by
Renz Allan C
Bought by
Baker Jerry M and Baker Phyllis B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hedrick Michael Ray $73,000 --
Southern Breeze Investment Grp Llc -- --
Southern Breeze Realty Investm -- --
Fertitta Michael $31,909 --
Carter Debora Ann $100,000 None Available
Weaver Bobby G $55,000 --
Baker Jerry M $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedrick Michael Ray $89,000
Closed Hedrick Michael Ray $51,500
Closed Hedrick Michael Ray $65,700
Previous Owner Carter Debora Ann $50,000
Previous Owner Baker Jerry M $33,426
Previous Owner Baker Jerry M $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold $73,000 -5.8% $158 / Sq Ft
02/11/2021 02/11/21 Price Changed $77,500 -3.1% $168 / Sq Ft
01/21/2021 01/21/21 Price Changed $80,000 -10.1% $173 / Sq Ft
01/09/2021 01/09/21 For Sale $89,000 0.0% $193 / Sq Ft
01/09/2021 01/09/21 Price Changed $89,000 +21.9% $193 / Sq Ft
11/13/2020 11/13/20 Off Market $73,000 -- --
10/17/2020 10/17/20 Price Changed $82,500 -8.3% $179 / Sq Ft
10/05/2020 10/05/20 Price Changed $89,999 -6.7% $195 / Sq Ft
09/29/2020 09/29/20 Price Changed $96,500 -2.5% $209 / Sq Ft
09/23/2020 09/23/20 For Sale $99,000 0.0% $214 / Sq Ft
12/16/2019 12/16/19 Rented $1,000 0.0% --
12/05/2019 12/05/19 For Rent $1,000 -- --
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 $1,224 $7,200 $0 $7,200
2023 $1,224 $6,300 $0 $6,300
2021 $1,113 $6,300 $0 $6,300
2020 $806 $6,300 $0 $6,300
2019 $777 $6,300 $0 $6,300
2018 $865 $6,615 $0 $6,615
2017 $857 $3,780 $0 $3,780
2016 -- $3,780 $0 $3,780
2015 $850 $6,615 $0 $6,615
2014 $823 $3,780 $0 $3,780
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michelle "Leigh" Bowman

    Realty Rock

  • Tony Warren

    Seller Co-Listing Agent in 2021

    Tony Warren

    Realty Rock

    (336) 215-3865

    37 in this area

    83 Total Sales

    Tony Warren
    Section Image
  • Ashley DeLong

    Buyer's Agent in 2021

    Ashley DeLong

    RE/MAX

    (843) 685-3191

    3 in this area

    191 Total Sales

    Ashley DeLong
    Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2020258

Coastal Carolinas Association of REALTORS®

APN: 35209040196

South Carolina Horry County North Myrtle Beach 29582 Cherry Grove

5201 N Ocean Blvd Unit 33, North Myrtle Beach, SC

This home is located at 5201 N Ocean Blvd Unit 33, North Myrtle Beach, SC 29582 since 23 September 2020 and is currently estimated at $131,079, approximately $283 per square foot. This property was built in 1967. 5201 N Ocean Blvd Unit 33 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.

Nearby Homes