5938 Channel St North Myrtle Beach, SC 29582
Cherry Grove Neighborhood
4
Beds
6
Baths
4,120
Sq Ft
0.6
Acres
Highlights
- Ocean View
- Boat Dock
- Home Theater
- Ocean Drive Elementary School Rated A
- Boat Ramp
- Private Pool
About This Home
As of November 2022Spectacular home in the most perfect location with picturesque panoramic views on all sides of the ocean, inlet, and channel. Northern most point of the Cherry Grove section of North Myrtle Beach. Enjoy the backyard oasis with a luxurious heated pool (with tanning ledge) with a waterfall from the hot tub, lots of palm trees and other tropical landscaping, pavers, hardscaping, fencing, extensive landscape and pool lighting, irrigation system, his/her outdoor changing and shower rooms, dock and floating dock, rip-rap all the way around, enormous decks to enjoy the views, screened in deck, electric roll-down hurricane shutters, extra-large area under the home (plenty of room for jet skis, cars, bikes, golf carts, boats), garage, storage, epoxy over concrete, metal roof, elevator to all three levels, mostly furnished, high end furniture inside and out, 4 bedrooms, separate office with built ins, open floor plan, lots of high quality windows and doors, natural light, gorgeous flooring throughout, extensive built ins, propane gas logs, GRANITE countertops, high end appliances, large pantry, tile backsplash, water filtration system, pot filler, butler’s pantry, wet bar, extensive crown molding, wide baseboards, Travertine flooring on the main level, recessed lighting, nice fixtures, huge master suite with amazing views, enormous walk-in closet, big master bathroom, large walk in tiled shower, soaking tub, double sinks, laundry room with cabinets, and wooden steps. It doesn’t get any better than this! The is absolute paradise.
Last Agent to Sell the Property
CENTURY 21 Thomas License #46963 Listed on: 05/13/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,426
Year Built
- Built in 2002
Lot Details
- 0.6 Acre Lot
- Property fronts a channel
- Property fronts a marsh
- Fenced
- Irregular Lot
Parking
- 2 Car Attached Garage
- Second Garage
- Side Facing Garage
- Garage Door Opener
Property Views
- Ocean
- Creek or Stream
Home Design
- Stilt Home
- Raised Foundation
- Concrete Siding
- Stucco
- Tile
Interior Spaces
- 4,120 Sq Ft Home
- 3-Story Property
- Furnished
- Vaulted Ceiling
- Ceiling Fan
- Window Treatments
- Insulated Doors
- Entrance Foyer
- Living Room with Fireplace
- Dining Area
- Home Theater
- Den
- Recreation Room
- Loft
- Bonus Room
- Workshop
- Screened Porch
- Carpet
- Pull Down Stairs to Attic
Kitchen
- Breakfast Bar
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Sitting Area In Primary Bedroom
- Split Bedroom Floorplan
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub and Shower Combination in Primary Bathroom
Laundry
- Laundry Room
- Washer and Dryer
Home Security
- Storm Windows
- Storm Doors
- Fire and Smoke Detector
Pool
- Private Pool
- Spa
Outdoor Features
- Boat Ramp
- Floating Dock
- Creek On Lot
- Balcony
- Deck
- Patio
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
- Phone Available
- Cable TV Available
Community Details
Overview
- The community has rules related to fencing
Recreation
- Boat Dock
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2022
Closed on
Nov 2, 2022
Sold by
Parks Steven M
Bought by
Koonce Sterling G and Koonce Caroline C
Seller's Agent
Scott Mathews
CENTURY 21 Thomas
Buyer's Agent
Jonathan Cox
Coastal First Properties, LLC
List Price
$2,800,000
Sold Price
$2,600,000
Premium/Discount to List
-$200,000
-7.14%
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,138
Avg. Annual Appreciation
1.51%
Original Mortgage
$2,080,000
Outstanding Balance
$2,025,698
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$682,388
Purchase Details
Listed on
Apr 19, 2017
Closed on
Dec 7, 2018
Sold by
Perko Paul E
Bought by
Parks Steven M and Maisonneuve Parks Jill N
Seller's Agent
Michael King
KingOne Properties
Buyer's Agent
Sarah Richardson
CENTURY 21 Thomas Main Street
List Price
$1,990,000
Sold Price
$1,625,000
Premium/Discount to List
-$365,000
-18.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.77%
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,600,000 | -- | |
| Warranty Deed | $1,625,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $206,140 | New Conventional | |
| Open | $2,080,000 | New Conventional | |
| Previous Owner | $1,186,250 | New Conventional | |
| Previous Owner | $1,300,000 | New Conventional | |
| Previous Owner | $599,527 | No Value Available | |
| Previous Owner | $507,163 | No Value Available | |
| Previous Owner | $322,700 | Unknown | |
| Previous Owner | $300,000 | Unknown | |
| Previous Owner | $615,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/03/2022 11/03/22 | Sold | $2,600,000 | -7.1% | $631 / Sq Ft |
| 05/13/2022 05/13/22 | For Sale | $2,800,000 | +72.3% | $680 / Sq Ft |
| 12/07/2018 12/07/18 | Sold | $1,625,000 | -12.2% | $422 / Sq Ft |
| 06/14/2018 06/14/18 | Price Changed | $1,850,000 | -7.0% | $481 / Sq Ft |
| 04/19/2018 04/19/18 | Price Changed | $1,989,900 | 0.0% | $517 / Sq Ft |
| 04/11/2018 04/11/18 | Price Changed | $1,990,000 | -0.4% | $517 / Sq Ft |
| 02/22/2018 02/22/18 | Price Changed | $1,998,500 | 0.0% | $519 / Sq Ft |
| 12/06/2017 12/06/17 | Price Changed | $1,998,800 | 0.0% | $519 / Sq Ft |
| 11/09/2017 11/09/17 | Price Changed | $1,998,900 | 0.0% | $519 / Sq Ft |
| 10/23/2017 10/23/17 | Price Changed | $1,999,000 | +0.5% | $519 / Sq Ft |
| 04/19/2017 04/19/17 | For Sale | $1,990,000 | -- | $517 / Sq Ft |
Source: Coastal Carolinas Association of REALTORS®
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Scott Mathews
Seller's Agent in 2022
Scott Mathews
CENTURY 21 Thomas
(843) 222-7082
54 in this area
328 Total Sales
-
Jonathan Cox
J
Buyer's Agent in 2022
Jonathan Cox
Coastal First Properties, LLC
(910) 234-1407
1 in this area
42 Total Sales
-
Michael King
Seller's Agent in 2018
Michael King
KingOne Properties
(843) 455-2323
46 in this area
108 Total Sales
-
S
Buyer's Agent in 2018
Sarah Richardson
CENTURY 21 Thomas Main Street
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2210657
APN: 35207040004
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.
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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