NOT LISTED FOR SALE

5205 N Ocean Blvd Unit "Marisol" North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $1,288,000 - $1,624,000

5 Beds
4.5 Baths
3,550 Sq Ft
$409/Sq Ft Est. Value

Last Sold January 25, 2018

Last sale price $830,000 $234 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $8,691/month

50 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • Deck
  • Ocean Drive Elementary School Rated A
  • Property is near a beach
  • Vaulted Ceiling

About This Home

As of January 2018

With the unique reversed floor plan, breathtaking views abound from the completely open second floor of this luxury 2nd row Cherry Grove beach home. Ocean views from the front of the house and channel views from the back can be enjoyed from the kitchen, dining area and living area as well as from multiple balconies. Gourmet kitchen with beautiful granite counter tops and stainless steel appliances has huge island perfect for entertaining. On chilly winter nights, warm up by the cozy fireplace in the living room. Master bedroom is located on the same level as living area and kitchen while remaining bedrooms are located on the lower level along with a den/flex room which also has a wet bar. Relax in the private pool heated pool & hot tub. This luxurious beach house also has an elevator making it incredibly easy to get from floor to floor. There are two washing machines and clothes dryer making laundry a breeze from either level of the home. Home is sold furnished and can sleep 16. At this price, this one won't be around long. Seller also owns the adjacent lot to the left of the home which is also for sale. See MLS #1724346. Measurements are not guaranteed and should be verified by buyer.

Last Agent to Sell the Property

Lori White

RE/MAX Southern Shores License #65829 Listed on: 11/13/2017

Co-Listed By

TJ O'Brien

RE/MAX Southern Shores License #21774

Last Buyer's Agent

Jim Hullihen

Homes & Condos Real Estate License #85352

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,349

Year Built

  • Built in 2010

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced
  • Property is zoned R-4

Parking

  • Tuck Under Parking

Home Design

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

Interior Spaces

  • 3,550 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Den
  • Carpet
  • Ocean Views
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Property is near a beach
  • Balcony
  • Deck
  • Front Porch

Location

  • Flood Zone Lot
  • East of US 17

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • The community has rules related to fencing
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,349

Year Built

Built in 2010

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Designated Flood Zone
  • Four Sided Lot Measurement: 50x127x50x127
  • Estimated Year Built: 2010
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat
  • Living Room Type: Ceiling Fan, Fireplace, Vaulted/Cathedral Ceiling
  • Lvt Date: 11/16/2017
  • Sold Total Heated Sq Ft: 3550
  • Sold Total Sq Ft: 6250
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 3550
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2010

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Security System, Wshr/Dryer Connection, Washer/Dryer, Split Bedroom Plan, Fireplace, Elevator-Interior
  • Other Rooms: Den/Study/Library, Laundry/Utility
  • Primary Bathroom: Double Sink, Shower
  • Kitchen Type: Breakfast Bar, Ceiling Fan, Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Refrigerator, Range, Stainless Steel Apps., Work Island
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 5
  • Dining Room Type: Area, Kit/Dr Combo
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 6250

Exterior Features

  • Exterior Features: Deck, Balcony, Front Porch, Rear Porch, Fencing, Pool-Outdoor Private, Spa/Hot Tub, Outside Storage Attached, Elevator-Exterior
  • Exterior Finish: Concrete Fiber Siding, Wood Frame
  • Foundation: Raised Beach
  • Number Of Acres: 0.14

Garage/Parking

  • Type: Detached

Utilities

  • Utilities Available: Electricity, Sewer, Water Public

Schools

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

Lot Info

  • Lot Location: East Of Bus 17, Oceanview Lot, Second Row Beach
  • 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
Nov 13, 2017
Closed on
Jan 24, 2018
Sold by
White Thomas P
Bought by
Mighty Investments Llc
Seller's Agent
Lori White
RE/MAX Southern Shores
Buyer's Agent
Jim Hullihen
Homes & Condos Real Estate
List Price
$849,900
Sold Price
$830,000
Premium/Discount to List
-$19,900
-2.34%
Current Estimated Value
$1,450,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,854
Avg. Annual Appreciation
7.87%

Purchase Details

Closed on
Jan 18, 2011
Sold by
Marisol 5205 Llc
Bought by
White Thomas P

Purchase Details

Closed on
Dec 30, 2010
Sold by
White Thomas P
Bought by
Marisol 5205 Llc

Purchase Details

Closed on
Feb 18, 2010
Sold by
Seacoast Construction Company Inc
Bought by
White Thomas P

Purchase Details

Closed on
Jun 19, 2009
Sold by
First Federal Savings And Loan Associati
Bought by
Seacoast Construction Company Inc

Purchase Details

Closed on
Aug 2, 2006
Sold by
Cherry Grove Villas Iv Llc
Bought by
C & J Development Of Nmb Llc

Purchase Details

Closed on
Dec 11, 2004
Sold by
Connelly Marc A
Bought by
Cherry Grove Villas Iv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2004
Sold by
Coastal Endeavors Llc
Bought by
Connelly Marc A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2000
Sold by
Smith Investment Of Carolina Inc
Bought by
Coastal Endeavors Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mighty Investments Llc $830,000 --
White Thomas P $729,000 --
Marisol 5205 Llc $729,000 --
White Thomas P $337,500 --
Seacoast Construction Company Inc $200,000 --
C & J Development Of Nmb Llc -- None Available
Cherry Grove Villas Iv Llc -- --
Connelly Marc A $1,600,000 --
Coastal Endeavors Llc $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Thomas P $560,000
Previous Owner Connelly Marc A $1,280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2018 01/25/18 Sold $830,000 -2.3% $234 / Sq Ft
11/13/2017 11/13/17 For Sale $849,900 -- $239 / 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 $12,349 $65,559 $30,000 $35,559
2023 $12,349 $49,668 $21,000 $28,668
2021 $11,240 $49,668 $21,000 $28,668
2020 $11,116 $49,668 $21,000 $28,668
2019 $10,724 $49,668 $21,000 $28,668
2018 $8,253 $36,072 $15,000 $21,072
2017 $8,181 $36,072 $15,000 $21,072
2016 -- $36,072 $15,000 $21,072
2015 $8,109 $36,072 $15,000 $21,072
2014 $7,849 $36,072 $15,000 $21,072
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1724345

Coastal Carolinas Association of REALTORS®

APN: 35209040205