NOT LISTED FOR SALE

242 Middle Gate Rd Myrtle Beach, SC 29572

Estimated Value: $761,521 - $1,042,000

3 Beds
2 Baths
2,200 Sq Ft
$389/Sq Ft Est. Value

Last Sold November 09, 2015

Last sale price $330,000 $150 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $4,950/month

73 Days on Market

Highlights

  • Ranch Style House
  • Front Porch
  • Laundry Room
  • Stainless Steel Appliances
  • Breakfast Bar
  • Bathroom on Main Level

About This Home

As of November 2015

Reduced! Lovely 3BR/2BA all brick ranch located in Briarcliffe Acres in Myrtle Beach. Located East of Highway 17, there is almost 1.0 acre lot with trees, fenced in back yard, turn around driveway and rear patio and attached 2 car garage. Home has new paint on the exterior and interior. Inside this home you will discover a fireplace in the living room, a sunny Carolina room, separate laundry room with cabinets and good floor space, kitchen and dining combo with pantry and lots of cabinets and stainless steel microwave, dishwasher and range. Home also has new carpeting and vinyl flooring, two bedrooms with a hall bathroom and master bedroom with master bath. Briarcliffe Acres is a municipality with its own mayor and council. HOA participation is voluntary and includes access to a private beach cabana, private beach and invitation to all social events. Home is located just a few short minutes to Myrtle Beach Mall, Tanger Outlets, Barefoot Landing and all resort area attractions. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Tamara Reid

Ocean Breeze Properties, LLC License #43872 Listed on: 07/21/2015

Last Buyer's Agent

Diana Barth

RE/MAX Southern Shores License #62898

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,551

Year Built

  • Built in 1974

Lot Details

  • 0.82

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Front Porch
  • 0.82 Acre Lot
  • East of US 17

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,551

Year Built

Built in 1974

Lot Details

0

HOA Fees

$15 per month

Parking

4

Listing Details

  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Long Term Rental Allowed
  • Estimated Year Built: 1974
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Carpeting, Vinyl
  • HOA Fee Frequency: Annually
  • Heating And Cooling: Electric
  • Monthly HOA as Calculated: 15
  • HOA Management Company: John Molnar 843-361-2694
  • Living Room Type: Fireplace
  • Sold Total Heated Sq Ft: 2200
  • Sold Total Sq Ft: 2600
  • Style: Ranch
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 2200
  • Geo Subdivision: SC
  • Section Subdivision: Briarcliffe Acres
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Interior Amenities: Wshr/Dryer Connection, Fireplace
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Carolina Room, Laundry/Utility
  • Primary Bathroom: Shower
  • Kitchen Type: Breakfast Bar, Dishwasher, Microwave, Range, Stainless Steel Apps.
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan
  • Bedrooms: 3
  • Dining Room Type: Kit/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 2600

Exterior Features

  • Exterior Features: Front Porch
  • Exterior Finish: Brick Veneer
  • Number Of Acres: 0.82

Garage/Parking

  • Type: Detached

Utilities

  • Utilities Available: Cable Tv, Electricity, Telephone

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

  • Lot Location: Inside City Limits, East Of Bus 17
  • Zoning: res

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2018
Sold by
Furman Edwin J
Bought by
Fields John William and Russell Elizabeth
Current Estimated Value
$855,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2015
Closed on
Nov 6, 2015
Sold by
Federal National Mortgage Association
Bought by
Furman Edwin J
Seller's Agent
Tamara Reid
Ocean Breeze Properties, LLC
Buyer's Agent
Diana Barth
RE/MAX Southern Shores
List Price
$387,900
Sold Price
$330,000
Premium/Discount to List
-$57,900
-14.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$297,000
Interest Rate
3.78%

Purchase Details

Closed on
Mar 11, 2014
Sold by
Gooch Scott and Hix David T
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
May 6, 2005
Sold by
Wilson Donald A and Wilson Elizabeth C
Bought by
Gooch Scott and Hix David T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,600
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2004
Sold by
Reed Patricia M
Bought by
Wilson Donald A and Wilson Elizabeth C

Purchase Details

Closed on
Jan 8, 2004
Sold by
Favata Jason Alan and Favata Robin Lynne
Bought by
Reed Patricia M

Purchase Details

Closed on
Oct 20, 1999
Sold by
Reed Patricia Martin Trustee
Bought by
Favata Jason A and Favata Robin Lynne
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
Fields John William $499,500 --
Furman Edwin J $340,000 --
Federal National Mortgage Association $444,040 --
Gooch Scott $452,000 --
Wilson Donald A $250,000 --
Reed Patricia M -- --
Favata Jason A $210,000 --
Reed Patricia M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fields John W $188,683
Open Fields John W $347,000
Closed Fields John William $349,500
Previous Owner Furman Edwin J $297,000
Previous Owner Gooch Scott $359,600
Previous Owner Wilson Donald A $175,000
Previous Owner Favata Jason Alan $50,000
Previous Owner Favata Jason A $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2015 11/09/15 Sold $330,000 -14.9% $150 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
07/21/2015 07/21/15 For Sale $387,900 -- $176 / 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 $2,551 $19,983 $10,379 $9,604
2023 $2,551 $19,983 $10,379 $9,604
2021 $2,251 $19,983 $10,379 $9,604
2020 $2,156 $19,983 $10,379 $9,604
2019 $2,156 $19,983 $10,379 $9,604
2018 $4,636 $12,953 $7,109 $5,844
2017 $4,621 $12,953 $7,109 $5,844
2016 $0 $18,962 $10,664 $8,298
2015 -- $18,962 $10,664 $8,298
2014 $4,373 $18,962 $10,664 $8,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1418180

Coastal Carolinas Association of REALTORS®

APN: 39012020018