NOT LISTED FOR SALE

256 Rum Gully Rd Unit Mt. Gilead Creekfron Murrells Inlet, SC 29576

Estimated Value: $1,124,835 - $1,234,000

5 Beds
4.5 Baths
4,076 Sq Ft
$291/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $950,000 $233 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,025/month

19 Days on Market

Highlights

  • Boat Dock
  • Private Pool
  • RV or Boat Parking
  • Seaside Elementary Rated A-
  • Sauna
  • Property fronts a channel

About This Home

As of November 2021

Waterfront homes in Mt. Gilead do not come on the market often! Being one of the only neighborhoods with deep water access, from North Myrtle Beach all the way down to McClellanville, you can understand why Mt. Gilead is a highly sought after community. The neighborhood hosts mature landscaping, established large, custom-built homes, and no HOA fees, which truly makes it one of a kind! 256 Rum Gully is a five-bedroom home with 4.5 bathrooms, private pool, and probably it's best feature... TWO boat docks! This is one of the few homes in the neighborhood to have two floating docks "grandfathered in". On just about every tide, you have navigable water to access the Atlantic Ocean, or the Murrells Inlet creeks (depending on boat size). This back yard space you will immediately fall in love with, but let's also see what the interior holds. From the backyard, you walk into a lovely Carolina Room full of natural light and a kitchen area that has picturesque views of the water. The kitchen is equipped with a professional grade gas range, range hood, double oven, stainless steel appliances, and tons of countertop space. There's a mudroom/butler's pantry immediately off the kitchen that features a wine cooler, and is also great for additional storage and prep space for entertaining. The living area features an open concept with vaulted ceilings and additional views of the water. The first floor master suite has multiple closets, dual sinks, whirlpool tub and custom tiled walk-in shower. There are three other bedrooms on the main floor. The upstairs has a flex room that could be used for an office, work out room, or small den, which allows access out to the rooftop deck. There is also an additional bedroom and full bathroom upstairs. The house has two tankless water heaters, one year old shingled roof, and three year old pool pump. Keep your boat behind your house at ONE of your own private boat docks, and take your family and friends to dinner by boat at the Murrells Inlet Marshwalk. If you're looking to be on the water along with the friendly, safe neighborhood feel, make sure to put this home on your list to see. Contact me, or your realtor, to schedule a showing to take a look at this property.

Last Agent to Sell the Property

Kyle Hawley

Dunes Realty Sales License #93774 Listed on: 08/26/2021

Last Buyer's Agent

Skeeter Nash

Seaside Realty License #21299

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,659

Year Built

  • Built in 1976

Lot Details

  • 0.31 Acre Lot
  • Property fronts a channel
  • Cul-De-Sac
  • Fenced
  • Rectangular Lot
  • Property is zoned PUD

Parking

  • Driveway
  • RV or Boat Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Lead Paint Disclosure

Interior Spaces

  • 4,076 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Bonus Room
  • Workshop
  • Sauna
  • Creek or Stream Views
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 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

Outdoor Features

  • Private Pool
  • Floating Dock
  • Creek On Lot
  • Deck
  • Patio

Location

  • Flood Zone Lot
  • East of US 17
  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • Septic System
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • The community has rules related to fencing, allowable golf cart usage in the community

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,659

Year Built

Built in 1976

Lot Details

0

Parking

4

Listing Details

  • Lot Description: Cul-De-Sac, Designated Flood Zone, Rectangular
  • Amenities Available: Seller Disclosure, Long Term Rental Allowed, Owner Allowed Motorcyle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet, Boat Dock
  • Estimated Year Built: 1976
  • Class: Residential
  • Construction Status: Resale
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Living Room Type: Ceiling Fan, Fireplace, Vaulted/Cathedral Ceiling
  • Lvt Date: 08/26/2021
  • Sold Total Heated Sq Ft: 4076
  • Sold Total Sq Ft: 4076
  • Style: Traditional
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 4076
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Interior Amenities: Wind Treat Convey, Workshop, Sauna Room, Wshr/Dryer Connection, Washer/Dryer, Lead Based Paint Disclose
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Bonus Room, Carolina Room, Laundry/Utility, Recreation Room, Workshop
  • Primary Bathroom: Double Sink, Shower, Whirlpool Tub
  • Kitchen Type: Breakfast Bar, Breakfast Nook, Double Oven, Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Refrigerator, Range Hood, Range, Stainless Steel Apps.
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan, Walk-In Closet
  • Bedrooms: 5
  • Dining Room Type: Area, Formal, Lvr/Dr Combo, Vaulted/Cathedral Ceiling
  • Formal Dining: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Levels: One And One Half
  • Total Sq Ft: 4076

Exterior Features

  • Exterior Features: Patio, Deck, Fencing, Pool-Outdoor Private, Boat Parking, Outside Storage Attached, Outside Storage Detached, Storm Doors, Boat Dock
  • Foundation: Slab
  • Number Of Acres: 0.31

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Tankless
  • Utilities Available: Cable Tv, Electricity, Septic, Sewer, Telephone, Underground Utilities, Water Public

Schools

  • Elementary School: Seaside Elementary School
  • Middle School: Saint James Middle School
  • High School: Saint James High School

Lot Info

  • Lot Location: On Channel, On Inlet/Creek, Outside City Limits, East Of Bus 17, Floating Dock, East Of Highway 17 Bypass, Channel View, Inlet/Creek View
  • Zoning: PUD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Nov 1, 2021
Sold by
Young Lynnwood H
Bought by
Mcdowell William Chad and Mcdowell Angela
Seller's Agent
Kyle Hawley
Dunes Realty Sales
Buyer's Agent
Skeeter Nash
Seaside Realty
List Price
$999,999
Sold Price
$950,000
Premium/Discount to List
-$49,999
-5%
Total Days on Market
19
Current Estimated Value
$1,187,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,959
Avg. Annual Appreciation
6.39%
Original Mortgage
$950,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2021
Sold by
Young Lynnwood H
Bought by
Young Lynnwood H and Young Jean P

Purchase Details

Closed on
Aug 5, 2016
Sold by
Young Cleo A Trust
Bought by
Young Lynnwood H and Young Jean P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2011
Sold by
Young Shady H
Bought by
Young Lynnwood H

Purchase Details

Closed on
May 28, 2010
Sold by
Wells Fargo Bank
Bought by
Young Lynnwood H

Purchase Details

Closed on
Nov 23, 2009
Sold by
Master In Equity Horry County
Bought by
Wells Fargo Bank

Purchase Details

Closed on
May 1, 2006
Sold by
Byrd Martha Lee and Blanton Martha B
Bought by
Morris Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Mcdowell William Chad $950,000 --
Young Lynnwood H -- --
Young Lynnwood H -- --
Young Lynnwood H -- --
Young Shady H -- --
Young Lynnwood H $546,176 --
Wells Fargo Bank $465,341 --
Morris Christopher M $941,489 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mcdowell William Chad $950,000
Previous Owner Young Lynnwood $100,000
Previous Owner Young Lynnwood H $503,000
Previous Owner Morris Christopher M $335,000
Previous Owner Morris Christopher M $417,000
Previous Owner Blanton Martha B $75,000
Previous Owner Tucker Martha B $400,000
Previous Owner Blanton Martha B $369,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $950,000 -5.0% $233 / Sq Ft
08/26/2021 08/26/21 For Sale $999,999 -- $245 / 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 $4,659 $23,482 $12,886 $10,596
2023 $4,659 $23,482 $12,886 $10,596
2021 $2,811 $23,482 $12,886 $10,596
2020 $2,637 $23,482 $12,886 $10,596
2019 $2,637 $23,482 $12,886 $10,596
2018 $0 $21,126 $9,206 $11,920
2017 $1,918 $24,808 $12,888 $11,920
2016 -- $21,126 $9,206 $11,920
2015 $1,918 $21,126 $9,206 $11,920
2014 $1,681 $21,126 $9,206 $11,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2119043

Coastal Carolinas Association of REALTORS®

APN: 47009010007