NOT LISTED FOR SALE

586 Gibson Ave Unit Double Lot w/ NO HOA Murrells Inlet, SC 29576

Murrells Inlet Neighborhood

Estimated Value: $653,000 - $716,000

4 Beds
4 Baths
2,790 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $625,000 $224 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,416/month

2 Days on Market

Highlights

  • RV or Boat Parking
  • Recreation Room
  • Solid Surface Countertops
  • Waccamaw Elementary School Rated A-
  • Ranch Style House
  • Breakfast Area or Nook

About This Home

As of August 2023

Welcome to 586 Gibson Avenue, a charming residence situated in the heart of Murrells Inlet, SC. Experience the essence of low country living as you enter this stunning four-bedroom, four-bathroom home, graced by the majestic presence of a magnificent oak tree. Resting on a spacious double lot without any HOA restrictions, this property offers unparalleled freedom and flexibility. As you enter this home from the circular driveway and shaded front porch, you'll be immediately drawn to the breathtaking dining room, expertly adorned to showcase the home's authentic Southern charm. Venture down the hallway, and you'll discover three well-appointed bedrooms, two of which feature renovated on-suite bathrooms. The rear bedroom, offering versatile usage options as an office, workout room, or cozy den, conveniently accesses the stunning hall bath—a true focal point that will leave your guests in awe during gatherings. For the ultimate in privacy, retreat to the master suite, a notable addition completed in 2016. Here, you'll find a spacious room with a double vanity, a sizable, tiled shower, and a walk-in closet. The master suite also grants access to the backyard and patio area, perfect for unwinding in seclusion. The kitchen and living areas serve as the heart of the home and it shows! Many memories will be made in these areas as they have for the current owners. The open floor plan not only accommodates daily living but also lends itself beautifully to hosting extended family or friends. Storage will never be an issue, thanks to the detached 600 sq. ft. garage, easily accessible through a remarkable laundry/mud room situated at the rear of the house. This space provides ample room for additional storage or can be transformed into a detached office, extra living space, or any other purpose that suits your needs. With no HOA guidelines, rules, or regulations, the possibilities are truly endless. Noteworthy updates include encapsulated crawlspace and a recently replaced main HVAC unit in 2022, ensuring optimal comfort and efficiency. For further information or to schedule a showing, please reach out to the listing agent, or your trusted Realtor. Additionally, a Matterport Virtual Tour is available for an immersive virtual experience of this exceptional property. Don't miss the chance to make this exquisite residence your own slice of Murrells Inlet paradise!

Last Agent to Sell the Property

Kyle Hawley

Dunes Realty Sales License #93774 Listed on: 07/14/2023

Last Buyer's Agent

The Gerring Group

Realty ONE Group Dockside

Realty ONE Group Dockside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,173

Year Built

  • Built in 1960

Lot Details

  • 0.4 Acre Lot
  • Fenced
  • Property is zoned GR

Parking

  • 1 Car Detached Garage
  • RV or Boat Parking

Home Design

  • Ranch Style House
  • Four Sided Brick Exterior Elevation
  • Tile

Interior Spaces

  • 2,790 Sq Ft Home
  • Bar
  • Paneling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Workshop
  • Laminate Flooring
  • Crawl Space
  • Storm Doors

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Patio
  • Front Porch

Location

  • East of US 17
  • Outside City Limits

Schools

  • Waccamaw Elementary School
  • Waccamaw Middle School
  • Waccamaw High School

Utilities

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

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,173

Year Built

Built in 1960

Lot Details

0

Parking

6

Listing Details

  • Four Sided Lot Measurement: 120 x 150
  • Amenities Available: Seller Disclosure, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 1960
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Bar, Fireplace, Paneling
  • Floor Cover: Laminate, Tile, Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Lvt Date: 07/14/2023
  • Sold Total Heated Sq Ft: 2790
  • Sold Total Sq Ft: 3540
  • Style: Ranch
  • Type Of Parking: Detached 1-Car
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 2790
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Interior Amenities: Wind Treat Convey, Workshop, Wshr/Dryer Connection, Washer/Dryer, Fireplace
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Foyer, Laundry/Utility, Recreation Room, Workshop
  • Primary Bathroom: Double Sink, Shower
  • Kitchen Type: Breakfast Bar, Breakfast Nook, Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Refrigerator, Range, Stainless Steel Apps., Work Island
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan, Walk-In Closet
  • Bedrooms: 4
  • Dining Room Type: Formal
  • Formal Dining: Yes
  • Full Bathrooms: 4
  • Levels: Single Level
  • Total Sq Ft: 3540

Exterior Features

  • Exterior Features: Patio, Front Porch, Fencing, Boat Parking, Outside Storage Detached, Storm Doors
  • Exterior Finish: All Brick Home
  • Foundation: Crawl
  • Number Of Acres: 0.4

Garage/Parking

  • Type: Detached

Utilities

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

Schools

  • Elementary School: Waccamaw Elementary School
  • Middle School: Waccamaw Middle School
  • High School: Waccamaw High School

Lot Info

  • Lot Location: Outside City Limits, East Of Bus 17, East Of Highway 17 Bypass
  • Zoning: GR

MLS Schools

  • Elementary School: Waccamaw Elementary School
  • HighSchool: Waccamaw High School
  • Middle School: Waccamaw Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Aug 31, 2023
Sold by
Shields Preston M and Shields Rachel B
Bought by
Hicks John R and Hicks Lisa M
Seller's Agent
Kyle Hawley
Dunes Realty Sales
Buyer's Agent
The Gerring Group
Realty ONE Group Dockside
List Price
$625,000
Sold Price
$625,000
Total Days on Market
2
Views
48
Current Estimated Value
$688,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,191
Avg. Annual Appreciation
5.50%
Original Mortgage
$495,000
Outstanding Balance
$461,320
Interest Rate
6.06%
Mortgage Type
New Conventional
Estimated Equity
$226,871

Purchase Details

Closed on
Apr 7, 2015
Sold by
Bourne Rachel Susan and Shields Rachel B
Bought by
Shields Preston M and Shields Rachel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2012
Sold by
Gwatney Carolyn E and Gwaltney Carolyn E
Bought by
Bourne Rachel Susan
Source: Public Records

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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
Hicks John R $625,000 None Listed On Document
Shields Preston M -- --
Bourne Rachel Susan $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hicks John R $495,000
Previous Owner Shields Preston M $100,000
Previous Owner Shields Preston M $0
Previous Owner Shields Preston M $119,000
Previous Owner Bourne Rachel Susan $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $625,000 0.0% $224 / Sq Ft
07/14/2023 07/14/23 For Sale $625,000 -- $224 / 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 $9,173 $34,240 $7,500 $26,740
2023 $9,173 $7,560 $4,000 $3,560
2022 $962 $7,560 $4,000 $3,560
2021 $934 $7,560 $4,000 $3,560
2020 $931 $7,560 $4,000 $3,560
2019 $952 $7,796 $4,080 $3,716
2018 $977 $77,960 $0 $0
2017 $817 $77,960 $0 $0
2016 $630 $6,072 $0 $0
2015 $625 $0 $0 $0
2014 $666 $150,000 $102,000 $48,000
2012 -- $224,100 $102,000 $122,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2313852

Coastal Carolinas Association of REALTORS®

APN: 41-0120-017-00-00