NOT LISTED FOR SALE

288 Rum Gully Rd Murrells Inlet, SC 29576

Estimated Value: $1,024,000 - $1,133,000

4 Beds
3 Baths
3,501 Sq Ft
$303/Sq Ft Est. Value

Last Sold May 27, 2020

Last sale price $621,800 $178 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,944/month

55 Days on Market

Highlights

  • Boat Ramp
  • Floating Dock
  • Creek On Lot
  • Seaside Elementary Rated A-
  • Property fronts a channel
  • Vaulted Ceiling

About This Home

As of May 2020

Dream Location ~ Situated directly on the Inlet w/ a beautiful floating dock & Gazebo! Pride of ownership shows in this meticulously cared for 4br/3ba home in the highly desired Mt. Gilead neighborhood. Spacious and open floor plan ideal for family gatherings. Custom cabinetry, corian countertops, granite work island/breakfast bar, and stainless steel appliances including a double wall oven and Jenn-Air cooktop are a few features in this open kitchen. Master bedroom located on the first floor, features hardwood floors, large walk-in closet. Master en-suite features exposed brick, vaulted ceilings, his & her sinks, and garden tub with a separate shower. Unlimited possibilities on second floor with 3 additional bedrooms and flex space with full hall bathroom. Covered walk way leads to single car garage with full walk-up storage space. Just a bike or golf cart ride to the beach and all that Murrells Inlet has to offer! This is an Inlet, boat lover's and/or fisherman's dream ~ Don't miss, come live the Inlet life!

Last Agent to Sell the Property

Jeffrey Buehler

RE/MAX Southern Shores License #78090 Listed on: 12/09/2019

Last Buyer's Agent

Anthony Caywood

Coastal Key Group RE Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,681

Year Built

  • Built in 1981

Lot Details

  • 0.27 Acre Lot
  • Property fronts a channel
  • Rectangular Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Low Country Architecture
  • Bi-Level Home
  • Concrete Siding
  • Four Sided Brick Exterior Elevation
  • Tile

Interior Spaces

  • 3,501 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Carpet
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Boat Ramp
  • Floating Dock
  • Creek On Lot

Location

  • Flood Zone Lot
  • East of US 17

Schools

  • Saint James Elementary School
  • Saint James Middle School
  • Saint James High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

Overview

  • Voluntary home owners association
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Boat Ramp
  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,681

Year Built

Built in 1981

Lot Details

0

Parking

4

Listing Details

  • Lot Description: Designated Flood Zone, Rectangular
  • Amenities Available: Seller Disclosure, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet, Boat Dock, Boat Ramp
  • Estimated Year Built: 1981
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan, Fireplace
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Voluntary Hoa
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Lvt Date: 12/09/2019
  • Sold Total Heated Sq Ft: 3501
  • Sold Total Sq Ft: 3901
  • Style: Low Country
  • Type Of Parking: Detached 1-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 3501
  • Geo Subdivision: SC
  • Section Subdivision: Mt Gilead
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1981

Interior Features

  • Interior Amenities: Garage Door Opener, Stairs To Attic, Wshr/Dryer Connection, Washer/Dryer, Fireplace
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Carolina Room, Foyer, Laundry/Utility
  • Primary Bathroom: Double Sink, Garden Tub, Shower, Vaulted/Cathedral Ceiling
  • Kitchen Type: Breakfast Bar, Breakfast Nook, Double Oven, Dishwasher, Solid Surface Countertops, Garbage Disposal, Refrigerator, Range, Stainless Steel Apps., Work Island
  • Master Bedroom Type: 1st Flr Level, Walk-In Closet
  • Bedrooms: 4
  • Dining Room Type: Formal
  • Formal Dining: Yes
  • Full Bathrooms: 3
  • Levels: Two-Story
  • Total Sq Ft: 3901

Exterior Features

  • Exterior Features: Outside Storage Detached, Boat Dock, Boat Ramp
  • Exterior Finish: All Brick Home, Concrete Fiber Siding
  • Foundation: Crawl
  • Number Of Acres: 0.27

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • Utilities Available: Electricity, Sewer, Water Public

Schools

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

Lot Info

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2019
Closed on
May 27, 2020
Sold by
Parsons Dolores M
Bought by
Catalano Alexander C and Catalano Anna C
Seller's Agent
Jeffrey Buehler
RE/MAX Southern Shores
Buyer's Agent
Anthony Caywood
Coastal Key Group RE Sales
List Price
$699,900
Sold Price
$621,800
Premium/Discount to List
-$78,100
-11.16%
Total Days on Market
55
Current Estimated Value
$1,062,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,244
Avg. Annual Appreciation
11.18%
Original Mortgage
$621,800
Outstanding Balance
$558,180
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$503,864
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
Catalano Alexander C $621,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Catalano Alexander C $621,800
Previous Owner Parsons Dolores M $180,000
Previous Owner Parsons Dolores M $310,000
Previous Owner Parsons Dolores M $100,000
Previous Owner Parsons Dolores M $227,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2020 05/27/20 Sold $621,800 -1.3% $178 / Sq Ft
01/27/2020 01/27/20 Price Changed $629,900 -6.7% $180 / Sq Ft
01/13/2020 01/13/20 Price Changed $675,000 -3.6% $193 / Sq Ft
12/09/2019 12/09/19 For Sale $699,900 -- $200 / 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 $3,681 $24,900 $11,940 $12,960
2023 $3,681 $24,900 $11,940 $12,960
2021 $2,975 $24,900 $11,940 $12,960
2020 $9,006 $35,344 $11,940 $23,404
2019 $2,709 $53,016 $17,910 $35,106
2018 $2,374 $22,734 $8,530 $14,204
2017 $1,883 $22,734 $8,530 $14,204
2016 -- $22,734 $8,530 $14,204
2015 $1,883 $22,734 $8,530 $14,204
2014 $2,288 $26,494 $8,530 $17,964
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1925840

Coastal Carolinas Association of REALTORS®

APN: 47009010011