5938 Channel St North Myrtle Beach, SC 29582
Cherry Grove Neighborhood
4
Beds
6
Baths
3,850
Sq Ft
0.6
Acres
Highlights
- Ocean View
- Boat Dock
- RV or Boat Parking
- Ocean Drive Elementary School Rated A
- Boat Ramp
- Property fronts a channel
About This Home
As of November 2022Wayyyyyyyyyyyyy below appraisal!!! BREATHTAKING PANORAMIC WATER VIEWS! Sold Furnished! Watch the sunrise as well as the moon rise!!! This home boasts spectacular views of the ocean, channels, inlet and marsh from every room of this 3800 HSF masterpiece. Specially designed for this double lot, this home includes all the luxury specs one would find in a home of this caliber. Professional designed for those with the most discriminating tastes this home offers travertine floor in the main living area, electric hurricane shutters, elevator, fireplace, alarm system, 3 heat pumps, and an irrigation system to keep the tropical landscaping plush. This home also has a double car garage plus massive storage area with built-in shelving as well as a golf cart garage. it has 2 outside showers w/dressing areas, massive decks on the channel, floating dock, boat float & boat ramp. 6ft. of water @ low tide. This home was built on 33 pilings, 36ft. deep, has hardy board siding, trex decking, screened porch with tile flooring, and maintenance free vinyl windows. Gourmet kitchen features: Viking & sub-zero appliances and marble counter tops. All of this surrounded by water!!! You must see this home before you buy!!!
Last Buyer's Agent
Sarah Richardson
CENTURY 21 Thomas Main Street License #48825
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,426
Year Built
- Built in 2002
Lot Details
- Property fronts a channel
- Property fronts a marsh
- Fenced
Parking
- Garage
- Tuck Under Parking
- Garage Door Opener
- RV or Boat Parking
Home Design
- Stilt Home
- Raised Foundation
- Concrete Siding
- Stucco
- Tile
Interior Spaces
- 3,850 Sq Ft Home
- 3-Story Property
- Furnished
- Bar
- Vaulted Ceiling
- Ceiling Fan
- Window Treatments
- Entrance Foyer
- Living Room with Fireplace
- Formal Dining Room
- Den
- Workshop
- Screened Porch
- Carpet
- Ocean Views
Kitchen
- Breakfast Bar
- Double Oven
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Bathroom on Main Level
- Dual Vanity Sinks in Primary Bathroom
- Whirlpool Bathtub
- Shower Only
Laundry
- Laundry Room
- Washer and Dryer Hookup
Home Security
- Home Security System
- Fire and Smoke Detector
Accessible Home Design
- Handicap Accessible
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
- Underground Utilities
- Water Heater
- Water Purifier
- Phone Available
- Cable TV Available
Community Details
Recreation
- Boat Dock
Additional Features
- The community has rules related to fencing
- Elevator
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%
Total Days on Market
488
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
$108,086
Avg. Annual Appreciation
1.61%
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
Map
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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
| 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
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 1708939
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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