NOT LISTED FOR SALE

5511 N Ocean Blvd Unit 201 56th Ave N North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $841,000 - $918,000

5 Beds
3 Baths
2,528 Sq Ft
$347/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $755,000 $299 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,416/month

2 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • Deck
  • Ocean Drive Elementary School Rated A
  • Property is near a beach
  • Living Room with Fireplace

About This Home

As of March 2022

Beautiful five bedroom, three bathroom, raised beach house in Cherry Grove. House is located second row from the beach with a private pool. Excellent opportunity for rental income. Square footage is approximate and not guaranteed, buyer is responsible for verification.

Last Agent to Sell the Property

Juliann DeForrest

INNOVATE Real Estate Listed on: 02/05/2022

INNOVATE Real Estate

Co-Listed By

Trip DeForrest

INNOVATE Real Estate License #96472

Last Buyer's Agent

Juliann DeForrest

INNOVATE Real Estate Listed on: 02/05/2022

INNOVATE Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,452

Year Built

  • Built in 1974

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced
  • Rectangular Lot

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Raised Foundation
  • Vinyl Siding
  • Siding
  • Tile

Interior Spaces

  • 2,528 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Ocean Views
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Single Vanity
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Private Pool
  • Property is near a beach
  • Deck
  • Patio
  • Built-In Barbecue
  • Front Porch

Location

  • 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
  • Water Heater
  • Septic System
  • Phone Available
  • Cable TV Available

Community Details

  • The community has rules related to fencing, allowable golf cart usage in the community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,452

Year Built

Built in 1974

Lot Details

0

Parking

8

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 68x78x67x79
  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcyle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 1974
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Tile, Carpeting, Laminate
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Living Room Type: Fireplace, Ceiling Fan
  • Lvt Date: 02/08/2022
  • Sold Total Heated Sq Ft: 2528
  • Sold Total Sq Ft: 4792
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 8
  • Total Heated Sq Ft: 2528
  • Geo Subdivision: SC
  • Ground Floor Heated Sq Ft: 1264
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Stairs To Attic, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Furnished
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Foyer, Laundry/Utility
  • Primary Bathroom: Vanity, Tub/Shower Combo
  • Kitchen Type: Range, Work Island, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Pantry, Breakfast Nook, Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, Walk-In Closet
  • Bedrooms: 5
  • Dining Room Type: Formal
  • Formal Dining: Yes
  • Full Bathrooms: 3
  • Levels: One And One Half
  • Total Sq Ft: 4792

Exterior Features

  • Exterior Features: Patio, Deck, Front Porch, Fencing, Lawn Sprinkler, Pool-Outdoor Private, Outside Storage Attached, Built-In Bbq
  • Exterior Finish: Siding, Vinyl Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.11

Garage/Parking

  • Type: Detached

Utilities

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

Schools

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

Lot Info

  • Lot Location: Inside City Limits, East Of Bus 17, Oceanview Lot, Second Row Beach, Second Row Other, East Of Highway 17 Bypass
  • Zoning: Res

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
Feb 5, 2022
Closed on
Mar 14, 2022
Sold by
Oneill Phillip Wayne
Bought by
Marksberry Kevin and Marksberry Amy G
Seller's Agent
Juliann DeForrest
INNOVATE Real Estate
Buyer's Agent
Juliann DeForrest
INNOVATE Real Estate
List Price
$750,000
Sold Price
$755,000
Premium/Discount to List
$5,000
0.67%
Current Estimated Value
$876,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,317
Avg. Annual Appreciation
3.92%
Original Mortgage
$641,750
Outstanding Balance
$604,927
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$260,297

Purchase Details

Closed on
Mar 12, 2013
Sold by
Oneill Phillip Wayne
Bought by
Oneill Phillip Wayne

Purchase Details

Closed on
Dec 23, 2002
Sold by
Mclaughlin C Fred
Bought by
Oneill Phillip Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2000
Sold by
Mclaughlin Marilyn E
Bought by
Mclaughlin C Fred
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
Marksberry Kevin $755,000 --
Oneill Phillip Wayne -- --
Oneill Phillip Wayne $290,000 --
Mclaughlin C Fred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marksberry Kevin $641,750
Previous Owner Oneill Phillip Wayne $242,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2022 03/14/22 Sold $755,000 +0.7% $299 / Sq Ft
02/05/2022 02/05/22 For Sale $750,000 -- $297 / 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 $9,452 $43,721 $30,000 $13,721
2023 $9,452 $23,626 $13,103 $10,523
2021 $5,347 $26,814 $15,876 $10,938
2020 $5,288 $26,814 $15,876 $10,938
2019 $5,102 $26,814 $15,876 $10,938
2018 $0 $20,544 $11,340 $9,204
2017 $4,658 $20,544 $11,340 $9,204
2016 -- $20,544 $11,340 $9,204
2015 $4,617 $20,544 $11,340 $9,204
2014 $4,470 $20,544 $11,340 $9,204
Source: Public Records

Agents Affiliated with this Home

  • Juliann DeForrest

    Seller's Agent in 2022

    Juliann DeForrest

    INNOVATE Real Estate

    (843) 446-1498

    15 in this area

    504 Total Sales

    Juliann DeForrest
    Section Image
  • Trip DeForrest

    Seller Co-Listing Agent in 2022

    Trip DeForrest

    INNOVATE Real Estate

    (843) 421-2300

    5 in this area

    149 Total Sales

    Trip DeForrest
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2202607

Coastal Carolinas Association of REALTORS®

APN: 35209030330

South Carolina Horry County North Myrtle Beach 29582 Cherry Grove

5511 N Ocean Blvd Unit 201 56th Ave N, North Myrtle Beach, SC

This home is located at 5511 N Ocean Blvd Unit 201 56th Ave N, North Myrtle Beach, SC 29582 since 05 February 2022 and is currently estimated at $876,317, approximately $346 per square foot. This property was built in 1974. 5511 N Ocean Blvd Unit 201 56th Ave N 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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