NOT LISTED FOR SALE

Estimated Value: $896,002 - $1,089,000

5 Beds
4 Baths
2,580 Sq Ft
$377/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $570,000 $221 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,989/month

106 Days on Market

Highlights

  • Property fronts a channel
  • Deck
  • Furnished
  • Ocean Drive Elementary School Rated A
  • Whirlpool Bathtub
  • Solid Surface Countertops

About This Home

As of July 2020

Fantastic fully turnkey, raised beach home with a waterfront location! Unique UNOBSTRUCTED FULL OCEAN VIEWS from the back decks, but located directly on the marsh. Traditional low country styling and located in the ever popular section of Cherry Grove Beach. This better than new home was built in 2006 and has been used very sparingly by the owners as a second home get away. This home will offer many features that most in the area do not simply due to it's newer age. High ceilings, energy efficiency, spacious floor plan, large bathrooms, and tons of closet storage space. While this home is in a prime Cherry Grove channel location it does NOT have the associated dredging assessment. Wonderfully suited to be a family beach get away or a luxury vacation rental. The home is tucked away at the quiet and private end of Cherry Grove and is just a short walk or golf cart ride to the beach. Inside you will find an open living, kitchen, and dining area with two bedrooms on the main floor and full bath. Tons of light flow into the home and the rear deck access offers extraordinary views of the ocean and marsh. Double decks on the rear span the full width of the house and offer tons of space for outdoor living. Hardwood plank flooring in a warm dark honey color complete the main living spaces and continue through the upstairs foyer. Bedrooms are carpeted for a cozy feel. The kitchen is the perfect gathering space for a large group with plentiful semi-custom cabinetry, granite countertops and stainless appliances. Upstairs a beautiful owners suite has everything you could need for relaxation. Rear deck access and spacious master bath complete with garden tub and walk in shower. A full wet bar with wine fridge, sink, microwave and cabinetry offers a luxury feel. Two additional upstairs guest bedrooms complete the five bedroom plan and also have large en suite baths. A large walk in laundry closet with washer and dryer is located on the second floor as well. Most importantly, the property comes turnkey! All furnishings, appliances and decor will convey with the sale of this home. Another tremendous value; the owners replaced both HVAC systems for coastal efficiency units 2018. The exterior of the property affords the owner low maintenance with an all vinyl exterior, composite decking, and vinyl handrails. Fully raised on pilings and flood compliant, owners will have an extremely low flood insurance premium. The ground floor has a large enclosed storage space for all of your beach toys. If you desire a private pool, there is just enough room to add one and make this your own personal oasis. Don't miss this jewel of a home that's ready for you to enjoy as a beach getaway or a luxury rental investment! All information deemed reliable, buyer responsible for all verifications.

Last Agent to Sell the Property

Blanche Welborn

Latitude Realty License #95764 Listed on: 03/20/2020

Latitude Realty

Co-Listed By

Emily Welborn

Rowles Real Estate License #113825

Last Buyer's Agent

Rosa Leone-Prokop

EXP Realty LLC License #116824

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,248

Year Built

  • Built in 2006

Lot Details

  • 4,792 Sq Ft Lot
  • Property fronts a channel
  • Property fronts a marsh
  • Rectangular Lot

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Bi-Level Home
  • Raised Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,580 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,248

Year Built

Built in 2006

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Rectangular
  • Estimated Year Built: 2006
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Living Room Type: Ceiling Fan
  • Lvt Date: 03/20/2020
  • Sold Total Heated Sq Ft: 2580
  • Sold Total Sq Ft: 2600
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 2580
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Furnished: Yes
  • Interior Amenities: Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Furnished
  • Other Rooms: Laundry/Utility
  • Primary Bathroom: Double Sink, Shower, Whirlpool Tub
  • Kitchen Type: Dishwasher, Solid Surface Countertops, Microwave, Refrigerator, Range, Stainless Steel Apps.
  • Master Bedroom Type: Ceiling Fan, Walk-In Closet
  • Bedrooms: 5
  • Dining Room Type: Kit/Dr Combo
  • Full Bathrooms: 4
  • Levels: Two-Story
  • Total Sq Ft: 2600

Exterior Features

  • Exterior Features: Deck, Front Porch, Rear Porch, Outside Storage Attached, Insulated Doors/Windows
  • Exterior Finish: Vinyl Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.11

Garage/Parking

  • Type: Detached

Utilities

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

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, East Of Bus 17, Marsh/Wetlans View
  • 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
Mar 20, 2020
Closed on
Jul 24, 2020
Sold by
Obermyer Richard T
Bought by
Mcgrew Lance E
Seller's Agent
Blanche Welborn
Latitude Realty
Buyer's Agent
Rosa Leone-Prokop
EXP Realty LLC
List Price
$570,000
Sold Price
$570,000
Current Estimated Value
$973,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,001
Avg. Annual Appreciation
11.08%

Purchase Details

Closed on
Apr 30, 2007
Sold by
Hopkins Builders Llc
Bought by
Obermyer Richard T and Obermyer Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2005
Sold by
Walden Properties Llc
Bought by
Hopkins Builders Llc and Bhd Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 4, 2005
Sold by
Mills Beverly Ann
Bought by
Walden Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,250
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 1998
Sold by
Mills James P and Mills Beverly B
Bought by
Mills Beverly Ann
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
Mcgrew Lance E $570,000 --
Obermyer Richard T $590,000 None Available
Hopkins Builders Llc $405,000 --
Walden Properties Llc $305,000 --
Mills Beverly Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Obermyer Richard T $180,000
Previous Owner Hopkins Builders Llc $628,000
Previous Owner Hopkins Builders Llc $628,000
Previous Owner Walden Properties Llc $259,250
Previous Owner Mills Beverly Ann $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $570,000 0.0% $221 / Sq Ft
03/20/2020 03/20/20 For Sale $570,000 -- $221 / 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 $8,248 $33,174 $9,900 $23,274
2023 $8,248 $33,174 $9,900 $23,274
2021 $7,506 $33,174 $9,900 $23,274
2020 $5,718 $27,666 $9,000 $18,666
2019 $5,516 $48,416 $15,750 $32,666
2018 $0 $22,218 $9,000 $13,218
2017 $5,040 $22,218 $9,000 $13,218
2016 $0 $22,218 $9,000 $13,218
2015 -- $22,218 $9,000 $13,218
2014 $4,835 $22,218 $9,000 $13,218
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2006514

Coastal Carolinas Association of REALTORS®

APN: 35210020299