NOT LISTED FOR SALE

5938 Channel St Unit Cherry Grove North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $2,669,000 - $2,743,259

4 Beds
6 Baths
4,120 Sq Ft
$657/Sq Ft Est. Value

About This Home

This home is located at 5938 Channel St Unit Cherry Grove, North Myrtle Beach, SC 29582 and is currently estimated at $2,708,086, approximately $657 per square foot. 5938 Channel St Unit Cherry Grove 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2022
Sold by
Parks Steven M
Bought by
Koonce Sterling G and Koonce Caroline C
Current Estimated Value
$2,708,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,080,000
Outstanding Balance
$2,025,698
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$682,388

Purchase Details

Closed on
Dec 7, 2018
Sold by
Perko Paul E
Bought by
Parks Steven M and Maisonneuve Parks Jill N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2000
Sold by
Perko Paul E and Perko Wanda G
Bought by
Perko Paul E and Perko Wanda G

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.

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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.

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First American

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Quantarium

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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
Koonce Sterling G $2,600,000 --
Parks Steven M $1,625,000 --
Perko Paul E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koonce Sterling G $206,140
Open Koonce Sterling G $2,080,000
Previous Owner Parks Steven M $1,186,250
Previous Owner Parks Steven M $1,300,000
Previous Owner Perko Paul E $599,527
Previous Owner Perko Paul E $507,163
Previous Owner Perko Paul E $322,700
Previous Owner Perko Paul E $300,000
Previous Owner Perko Paul E $615,000
Source: Public Records

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 $34,426 $101,480 $51,932 $49,548
2023 $34,426 $101,480 $51,932 $49,548
2021 $22,965 $101,480 $51,932 $49,548
2020 $22,711 $101,480 $51,932 $49,548
2019 $21,011 $97,322 $51,932 $45,390
2018 $0 $47,802 $29,994 $17,808
2017 $3,691 $47,802 $29,994 $17,808
2016 -- $47,802 $29,994 $17,808
2015 $3,620 $47,802 $29,994 $17,808
2014 $3,363 $47,802 $29,994 $17,808
Source: Public Records

Map

South Carolina Horry County North Myrtle Beach 29582 Cherry Grove

5938 Channel St Unit Cherry Grove, North Myrtle Beach, SC

Homes for Sale in North Myrtle Beach, SC

This home is located at 5938 Channel St Unit Cherry Grove, North Myrtle Beach, SC 29582 and is currently estimated at $2,708,086, approximately $657 per square foot. 5938 Channel St Unit Cherry Grove 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.

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