NOT LISTED FOR SALE

Estimated Value: $800,590 - $926,000

4 Beds
2 Baths
1,464 Sq Ft
$586/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $820,000 $560 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,144/month

55 Days on Market

Highlights

  • Boat Dock
  • Property fronts a channel
  • Deck
  • Ocean Drive Elementary School Rated A
  • Creek or Stream View
  • Vaulted Ceiling

About This Home

As of April 2024

LOCATION, LOCATION, LOCATION! We all hear that location is vital in real estate, and this property proves that fact. This lot is located in the very back of Cherry Grove on a continuously deep channel, even at low tide. Another critical factor is that the home is situated on a dead-end road that adds to the peace you enjoy even during the busy summer season. The views from this classic 4BR/2BA, raised beach cottage situated on the northern end of Cherry Grove are breathtaking. Heritage Shores Nature Preserve is located across the channel directly behind the home. Before moving inside, you will appreciate the large 45'X12' storage underneath the house with two double doors. This provides ease and an area for a golf cart and all the needed beach chairs and toys. There is a large outside shower, so you can rinse the sand before heading upstairs. As you enter through the front door, your eyes are drawn toward the high-beamed ceiling and the open floor plan. The living room and dining room are the center of the home, with the kitchen tucked in the back left corner with an island for additional seating. The space is perfect for family gatherings or entertaining. There will be two bedrooms on the left side with a remodeled bath, a tile shower, and heated flooring. Another two large bedrooms and a full bath will be directly across on the other side. When at the beach, outdoor living is crucial. There are two large decks, one on the front to watch the neighbors go by and another on the back to observe nature. Enjoy morning coffee while watching the Egrets and Herons basking in the sun. You will find your private boat dock out back. You will enjoy the ease of jumping in your boat for a day of fishing or just a boat ride to the beach to find seashells and shark teeth treasures. There is nothing like the smell of salt air and the feel of the warm sun. Life can't get much better than this. Cherry Grove is in the northernmost area of North Myrtle Beach and is conveniently located near some of the best local restaurants, shopping, and nightlife. Please don't take my word for it; come and see for yourself!

Last Agent to Sell the Property

Sandra Sanders

Beach & Forest Realty North License #69019 Listed on: 12/30/2023

Last Buyer's Agent

Amanda Olszowka

Century 21 Barefoot Realty License #115073

Century 21 Barefoot Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,154

Year Built

  • Built in 1970

Lot Details

  • 7,405 Sq Ft Lot
  • Property fronts a channel
  • Property fronts a marsh
  • Fenced
  • Rectangular Lot

Parking

  • Tuck Under Parking
  • Golf Cart Garage

Home Design

  • Stilt Home
  • Raised Foundation
  • Wood Frame Construction
  • Siding
  • Tile
  • Lead Paint Disclosure

Interior Spaces

  • 1,464 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Formal Dining Room
  • Luxury Vinyl Tile Flooring
  • Creek or Stream Views
  • Washer and Dryer

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Home Security

  • Home Security System
  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Floating Dock
  • Deck
  • 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
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • The community has rules related to fencing

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,154

Year Built

Built in 1970

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 50X150X50X150
  • Estimated Year Built: 1970
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Tile, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Living Room Type: Vaulted/Cathedral Ceiling, Beam, Ceiling Fan
  • Lvt Date: 12/30/2023
  • Sold Total Heated Sq Ft: 1464
  • Sold Total Sq Ft: 2928
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 1464
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Bedroom 1: 14'3"x11
  • Bedroom 2: 11'9"x14
  • Bedroom 3: 7'7"x11'
  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Security System, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Split Bedroom Plan, Furnished, Lead Based Paint Disclose
  • Kitchen: 14x12
  • Living Room: 34'x13'2"
  • Master Bedroom: 13'10"x11'
  • Primary Bathroom: Double Sink, Shower, Vanity
  • Kitchen Type: Range, Work Island, Dishwasher, Refrigerator, Microwave, Pantry, Range Hood
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 4
  • Dining Room Type: Area, Lvr/Dr Combo, Ceiling Fan, Vaulted/Cathedral Ceiling, Beam Ceiling
  • Formal Dining: Yes
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 2928

Exterior Features

  • Exterior Features: Deck, Front Porch, Rear Porch, Fencing, Outside Storage Attached, Storm Windows, Insulated Doors/Windows, Boat Dock, Golf Cart Garage
  • Exterior Finish: Wood Frame, Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.17

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • Utilities Available: Electricity, Water Public, Sewer, 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: On Channel, Inside City Limits, East Of Bus 17, Floating Dock, Marsh/Wetlans View, Channel View, Inlet/Creek View
  • Zoning: RES

Rental Info

  • Gross Rental Income: 40204

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
Dec 30, 2023
Closed on
Apr 5, 2024
Sold by
Gibson Ricky Lee
Bought by
Shadow Assets Llc
Seller's Agent
Sandra Sanders
Beach & Forest Realty North
Buyer's Agent
Amanda Olszowka
Century 21 Barefoot Realty
List Price
$950,000
Sold Price
$820,000
Premium/Discount to List
-$130,000
-13.68%
Views
57
Current Estimated Value
$857,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,898
Avg. Annual Appreciation
1.80%
Original Mortgage
$656,000
Outstanding Balance
$649,181
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$192,641

Purchase Details

Listed on
May 30, 2017
Closed on
Sep 26, 2018
Sold by
Tmr Investments Llc
Bought by
Gibson Ricky Lee St and Gibson Agnes Theresa
Seller's Agent
Nancy Richardson
CENTURY 21 Thomas
Buyer's Agent
Ty Bellamy
RE/MAX Southern Shores NMB
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
Original Mortgage
$427,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2017
Closed on
Aug 20, 2018
Sold by
East Cherry Grv Realty Co Llc
Bought by
Tmr Investments Ll
Seller's Agent
Nancy Richardson
CENTURY 21 Thomas
Buyer's Agent
Ty Bellamy
RE/MAX Southern Shores NMB
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2015
Sold by
Morlando Dominic N and Morlando Laura A
Bought by
Tmr Investments Llc

Purchase Details

Listed on
Nov 30, 2011
Closed on
Jul 13, 2012
Sold by
Maxwell Shirley C
Bought by
Morlando Dominic N
Seller's Agent
Liz Sliker
RE/MAX Southern Shores NMB
Buyer's Agent
John Kim
The Hoffman Group
List Price
$429,000
Sold Price
$350,000
Premium/Discount to List
-$79,000
-18.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
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
Shadow Assets Llc $820,000 --
Gibson Ricky Lee St $475,000 --
Tmr Investments Ll -- --
Tmr Investments Llc -- --
Morlando Dominic N $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shadow Assets Llc $656,000
Previous Owner Gibson Ricky Lee St $427,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $820,000 -7.9% $560 / Sq Ft
02/17/2024 02/17/24 Price Changed $890,000 -3.3% $608 / Sq Ft
01/06/2024 01/06/24 Price Changed $920,000 -3.2% $628 / Sq Ft
12/30/2023 12/30/23 For Sale $950,000 +100.0% $649 / Sq Ft
09/30/2018 09/30/18 Sold $475,000 -2.0% $271 / Sq Ft
08/12/2018 08/12/18 Price Changed $484,900 -2.0% $277 / Sq Ft
04/06/2018 04/06/18 Price Changed $494,900 -1.0% $283 / Sq Ft
01/04/2018 01/04/18 For Sale $499,900 +5.2% $286 / Sq Ft
01/01/2018 01/01/18 Off Market $475,000 -- --
10/24/2017 10/24/17 Price Changed $499,900 +4.2% $286 / Sq Ft
05/30/2017 05/30/17 For Sale $479,900 +37.1% $274 / Sq Ft
07/16/2012 07/16/12 Sold $350,000 -18.4% $194 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
11/30/2011 11/30/11 For Sale $429,000 -- $238 / 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 $7,154 $42,250 $28,200 $14,050
2023 $7,154 $28,776 $12,420 $16,356
2021 $6,513 $28,776 $12,420 $16,356
2020 $6,441 $28,776 $12,420 $16,356
2019 $6,214 $28,776 $12,420 $16,356
2018 $3,697 $16,164 $10,500 $5,664
2017 $3,665 $16,164 $10,500 $5,664
2016 -- $16,164 $10,500 $5,664
2015 $3,633 $16,164 $10,500 $5,664
2014 $3,516 $16,164 $10,500 $5,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2400016

Coastal Carolinas Association of REALTORS®

APN: 35210010004