NOT LISTED FOR SALE

532 Fernwood Rd Murrells Inlet, SC 29576

Estimated Value: $1,800,000 - $2,068,000

5 Beds
5.5 Baths
5,100 Sq Ft
$379/Sq Ft Est. Value

Last Sold September 03, 2015

Last sale price $900,000 $176 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $11,241/month

56 Days on Market

Highlights

  • Boat Dock
  • Private Pool
  • Property fronts a channel
  • Seaside Elementary Rated A-
  • 0.67 Acre Lot
  • Deck

About This Home

As of September 2015

THIS IS A LARGE AND SPECTACULAR CHANNEL FRONT HOME IN THE PRESTIGIOUS AND PRIVATE NEIGHBORHOOD OF MT. GILEAD. THIS LOVELY HOME IS LOCATED ON A DOUBLE LOT WITH OVER TWO-THIRDS ACRE AND FEATURES INCLUDE A SWIMMING POOL WITH LARGE DECKS, STATIONARY AND FLOATING DOCKS, IRRIGATION SYSTEM AND A FENCED YARD WITH AN ELECTRIC GATE. 236 FEET OF CHANNEL FRONT WITH A NEW SEA WALL.

Last Agent to Sell the Property

Bobby Streett

Garden City Realty, Inc License #27950 Listed on: 06/12/2015

Co-Listed By

Lee Hewitt

Garden City Realty, Inc License #13606

Last Buyer's Agent

Bobby Streett

Garden City Realty, Inc License #27950 Listed on: 06/12/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,355

Year Built

  • Built in 1986

Lot Details

  • 0.67 Acre Lot
  • Property fronts a channel
  • Fenced
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Split Level Home
  • Wood Frame Construction
  • Tile

Interior Spaces

  • 5,100 Sq Ft Home
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathroom on Main Level
  • Single Vanity
  • Shower Only
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

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

Location

  • East of US 17
  • Outside City Limits

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Voluntary home owners association
  • The community has rules related to fencing

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,355

Year Built

Built in 1986

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Irregular
  • Estimated Year Built: 1986
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Wet Bar
  • Floor Cover: Tile, Wood
  • HOA Fee Frequency: Voluntary Hoa
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Living Room Type: Fireplace, Sunken
  • Sold Total Heated Sq Ft: 5100
  • Sold Total Sq Ft: 5700
  • Style: Traditional
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 5100
  • Geo Subdivision: SC
  • Section Subdivision: Mt Gilead
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Interior Amenities: Wind Treat Convey, Garage Door Opener, Smoke Detector, Wshr/Dryer Connection, Skylights, Split Bedroom Plan, Fireplace
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Den/Study/Library, Foyer, Laundry/Utility, Recreation Room
  • Primary Bathroom: Garden Tub, Shower, Vanity
  • Kitchen Type: Breakfast Bar, Dishwasher, Garbage Disposal, Microwave, Pantry, Refrigerator, Range Hood, Range, Work Island
  • Master Bedroom Type: Vaulted/Cath. Ceiling, Ceiling Fan, Walk-In Closet
  • Bedrooms: 5
  • Dining Room Type: Formal
  • Formal Dining: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Levels: Split Level
  • Total Sq Ft: 5700

Exterior Features

  • Exterior Features: Patio, Deck, Balcony, Fencing, Lawn Sprinkler, Pool-Outdoor Private, Outside Storage Attached, Insulated Doors/Windows, Boat Dock
  • Exterior Finish: Wood Frame
  • Foundation: Crawl
  • Number Of Acres: 0.67

Garage/Parking

  • Type: Detached

Utilities

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

MLS Schools

  • Elementary School: Seaside 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
Jun 12, 2015
Closed on
Sep 3, 2015
Sold by
Taylor Ross and Taylor Diana Lynn
Bought by
Parisi Joseph A and Parisi Tonya L
Seller's Agent
Bobby Streett
Garden City Realty, Inc
Buyer's Agent
Bobby Streett
Garden City Realty, Inc
List Price
$999,900
Sold Price
$900,000
Premium/Discount to List
-$99,900
-9.99%
Current Estimated Value
$1,935,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,035,418
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
Feb 27, 2007
Sold by
Kates Marjorie C
Bought by
Taylor Ross and Taylor Diana Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2006
Sold by
Kates Marjorie C and Marjorie C Kates Living Trust
Bought by
Kates Marjorie C

Purchase Details

Closed on
Mar 22, 2000
Sold by
Kates Marjorie C
Bought by
Kates Marjorie C and Marjorie C Kates Living Trust
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
Parisi Joseph A $900,000 --
Taylor Ross $1,600,000 None Available
Kates Marjorie C -- None Available
Kates Marjorie C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Ross $1,280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2015 09/03/15 Sold $900,000 -10.0% $176 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $999,900 -- $196 / 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 $8,355 $34,538 $12,542 $21,996
2023 $8,355 $34,538 $12,542 $21,996
2021 $6,732 $34,538 $12,542 $21,996
2020 $3,858 $34,538 $12,542 $21,996
2019 $3,858 $34,538 $12,542 $21,996
2018 $4,046 $35,600 $12,160 $23,440
2017 $3,212 $35,600 $12,160 $23,440
2016 -- $53,399 $18,239 $35,160
2015 $2,804 $46,554 $13,440 $33,114
2014 $2,457 $31,036 $8,960 $22,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1512123

Coastal Carolinas Association of REALTORS®

APN: 46905030027