NOT LISTED FOR SALE

5300 N Ocean Blvd Unit A North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $1,491,000 - $1,818,205

7 Beds
8 Baths
4,212 Sq Ft
$2,000/mo HOA Fee

Last Sold March 18, 2022

Last sale price $1,300,000 $309 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,852/month

677 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Recreation Room
  • Ocean Drive Elementary School Rated A
  • Deck
  • Furnished

About This Home

As of March 2022

Introducing a wonderful 8 bedroom, 8 bath, oceanfront condo in the popular Cherry Grove area of North Myrtle Beach! Just steps from the beach, this luxury unit features spectacular ocean views, multiple deck areas, large bedrooms most with en-suite baths, a modern kitchen with granite counters and breakfast bar, an enormous family room/recreation room, and a private patio with a pool. Over 4000 square feet, this condo provides plenty of living, recreation, and entertainment space. The location provides easy access to major roads, just minutes from all the shopping dining and entertainment the Grand Strand has to offer!

Last Agent to Sell the Property

Gregory Harrelson

Century 21 The Harrelson Group Listed on: 03/27/2020

Century 21 The Harrelson Group

Co-Listed By

Max Kilic

Century 21 The Harrelson Group License #96762

Last Buyer's Agent

Tony Warren

Realty Rock License #94663

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • 9,975

HOA Fees

  • $2,000 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,212 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Dining Area
  • Recreation Room
  • Bonus Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 8 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Secured Garage or Parking
  • Parking Garage Space

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Schools

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

Utilities

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

Additional Features

  • Handicap Accessible
  • Ocean Front

Community Details

Overview

  • Association fees include pool service, landscape/lawn, insurance, common maint/repair
  • Low-Rise Condominium

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

HOA Fees

$2,000 per month

Listing Details

  • Unit Location: Oceanfront-Unit
  • Amenities Available: Restrictions, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed
  • Estimated Year Built: 2006
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan
  • Floor Cover: Vinyl, Carpeting, Tile
  • HOA Fee Frequency: Quarterly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 2000
  • HOA Management Company: Moose Maintenance
  • Lvt Date: 03/27/2020
  • Sold Total Heated Sq Ft: 4212
  • Sold Total Sq Ft: 4212
  • Total Heated Sq Ft: 4212
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: Oceanfront-Building, East Of Bus 17
  • Exterior Unit Features: Deck, Front Porch, Patio, Pool-Outdoor Private, Rear Porch, Elevator-Exterior
  • HOA Fees include insurance: Yes
  • Rental Mgmt Contract: Yes
  • Which Floor: 02
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Furnished: Yes
  • Interior Amenities: Spa/Hot Tub, Wind Treat. Convey, Elevator-Interior, Handicap Access, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished
  • Living Room: Standard
  • Other Rooms: Recreation Room, Laundry/Utility, Bonus Room
  • Primary Bathroom: Double Sink, Shower, Garden Tub
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Microwave, Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 7+
  • Dining Room Type: Area
  • Full Bathrooms: 8
  • Levels: Three Or More
  • Total Sq Ft: 4212

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Raised Beach

Garage/Parking

  • Type: Condo
  • Parking: Under Bldg.

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Pool Service, Landscape/Lawn, Insurance, 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: MR4

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 27, 2020
Closed on
Mar 14, 2022
Sold by
Shalaby Samer E
Bought by
Mpri Mgmt Llc
Seller's Agent
Gregory Harrelson
Century 21 The Harrelson Group
Buyer's Agent
Tony Warren
Realty Rock
List Price
$1,449,000
Sold Price
$1,300,000
Premium/Discount to List
-$149,000
-10.28%
Current Estimated Value
$1,676,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,068
Avg. Annual Appreciation
7.87%
Original Mortgage
$650,000
Outstanding Balance
$262,869
Interest Rate
3.55%
Mortgage Type
Mortgage Modification
Estimated Equity
$1,434,236

Purchase Details

Closed on
May 24, 2011
Sold by
Korzen Robert M
Bought by
Shalaby Sameer E

Purchase Details

Closed on
Sep 28, 2006
Sold by
Pan American Properties Llc
Bought by
Delfava Paul L

Purchase Details

Closed on
Sep 26, 2006
Sold by
Pan American Properties Llc
Bought by
Segars Thaddeus F

Purchase Details

Closed on
Sep 25, 2006
Sold by
Amb Properties Llc
Bought by
Merlo Scott L

Purchase Details

Closed on
Sep 29, 2005
Sold by
Cherry Grove Villas Llc
Bought by
Shalaby Samer E and Shalaby Sameer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Mpri Mgmt Llc $1,300,000 --
Shalaby Sameer E $80,000 --
Delfava Paul L $239,900 None Available
Segars Thaddeus F $234,900 None Available
Merlo Scott L $346,900 None Available
Shalaby Samer E $1,900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mpri Mgmt Llc $650,000
Closed Mpri Mgmt Llc $650,000
Previous Owner Shalaby Samer E $740,000
Previous Owner Shalaby Samer E $1,000,000
Previous Owner Cherry Grove Villas Llc $110,000
Previous Owner Cherry Grove Villas Llc $1,900,000
Previous Owner Cherry Grove Villas Llc $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $1,300,000 -3.7% $309 / Sq Ft
05/11/2020 05/11/20 Price Changed $1,349,900 -6.8% $320 / Sq Ft
03/27/2020 03/27/20 For Sale $1,449,000 -- $344 / 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 -- $60,000 $0 $60,000
2023 $0 $89,250 $0 $89,250
2021 $11,541 $89,250 $0 $89,250
2020 $11,414 $89,250 $0 $89,250
2019 $11,011 $89,250 $0 $89,250
2018 $13,728 $105,000 $0 $105,000
2017 $13,608 $60,000 $0 $60,000
2016 -- $60,000 $0 $60,000
2015 $13,488 $105,000 $0 $105,000
2014 $13,056 $60,000 $0 $60,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gregory Harrelson

    Century 21 The Harrelson Group

    (843) 903-3550

    12 in this area

    713 Total Sales

    Gregory Harrelson
    Section Image
  • Max Kilic

    Seller Co-Listing Agent in 2022

    Max Kilic

    Century 21 The Harrelson Group

    (843) 957-7323

    5 in this area

    108 Total Sales

    Max Kilic
    Section Image
  • Tony Warren

    Buyer's Agent in 2022

    Tony Warren

    Realty Rock

    (336) 215-3865

    37 in this area

    83 Total Sales

    Tony Warren
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2007011

Coastal Carolinas Association of REALTORS®

APN: 35209040244

South Carolina Horry County North Myrtle Beach 29577 Cherry Grove

5300 N Ocean Blvd Unit A, North Myrtle Beach, SC

This home is located at 5300 N Ocean Blvd Unit A, North Myrtle Beach, SC 29582 since 27 March 2020 and is currently estimated at $1,676,068, approximately $397 per square foot. This property was built in 2006. 5300 N Ocean Blvd Unit A 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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