See Home Value
Garden City 29576
542 Mount Gilead Rd.
$844,996*
House - Off Market

542 Mount Gilead Rd.

Murrells Inlet, SC 29576
bedrooms
4 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
2799 Sqft
$738,000 - $902,000
Reference Base Price*
3.05%
Since Apr 1, 2023
National-US
Primary Model
Sold Feb 28, 2023
$800,000
$738,182 by Gateway First Bank
Mortgage Due Feb 01, 2053
Sold Jun 12, 2020
$560,000
$448,000 by South State Bank
Mortgage Due Jan 01, 2050

About This Property

Must See beautiful low country raised beach home nestled in beautiful Mount Gilead of Murrells Inlet. This beautiful home features bamboo flooring, Wood panel walls in Den, built in shelving, gas fireplace. Formal living and dining room, sliding doors to screen porch from den and breakfast nook featuring sky lights in porch and overlooks pool and quiet pond. Kitchen features island. Wet bar in hallway to dining room. Half bath and laundry  featuring sink off hallway to dining. Enter home by beautiful Charleston type entry featuring double front porch. View of inlet from second story porch. Master and two bedrooms on second floor. Second bath features sky light. 4th on third. Can be office or bonus. Does not have a closet. Ground floor features full walk in shower as well as screen porch with access to pool area and underneath parking. Double driveway for ample parking. Back yard is fenced with grass area as well as spacious sitting areas on concrete patio. 13X39 inground salt water heated and cooled pool. Enjoy the view of pond. Features detached storage building only 2 years old measuring 10x16.  Home features ample storage and parking.  Underneath is concrete for easy upkeep. Features 3 HVAC systems and 2 water heaters. One new Rennai. This home is a must see.  No HOA fees. Move in ready. Feature full yard sprinkler system. Some furnishings can be negotiated.

The manager has listed the unit size as 2799 square feet.
Unit Size
2,799Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$293
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1989

Price History

Date / Event Date Event Price
Mar 1, 2023 No longer available -
No longer available
Feb 28, 2023 Sold to Daniel W Scholten, Salem E ... $800,000
Sold to Daniel W Scholten, Salem E ...
Jan 4, 2023 Price Decreased $820,000
↓ $22K (2.6%)
Price Decreased
Sep 7, 2022 Price Decreased $841,500
↓ $12K (1.4%)
Price Decreased
Aug 13, 2022 Price Decreased $853,695
↓ $21K (2.4%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2010
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Concrete
  • Building Style: Conventional
  • Exterior Walls Type: Concrete
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 2,537
  • Building Area: 2,537
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,537
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MT GILEAD MARSH S/D
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MT GILEAD MARSH S/D; LOT 28

Ownership

  • Current Owner : SCHOLTEN DANIEL W
  • Current Owner 2: SCHOLTEN SALEM E
  • Previous Owner : HALL BRIAN KEITH
  • Owner Before Previous Owner: ROWE JOHN W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Horry County School District
  • Census Tract: 051302

Geography

  • Parcel: 470-09-02-0034
  • Lot: 28
  • Municipality: MT GILEAD
  • Latitude: 33.5736
  • Longitude: -79.015

    Address

  • Full Address: 542 Mount Gilead Rd
  • Address - House Number: 542
  • Address - Street Name: Mount Gilead
  • Address - Suffix Type: Rd
  • State: SC
  • City Name: Murrells Inlet
  • Carrier Code: H014
  • 4-Digit Zip Code: 7713
  • Zip Code: 29576

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,063
  • Tax Rate Code Area: 620

    Appraisal Valuation

  • Standard Deviation: 0.183
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 839,977
  • High Value: 993,705
  • Low Value: 686,249

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $738,182
  • First Open Lien Mortgage Lender: GATEWAY FIRST BANK
  • First Open Lien Mortgage Recording Date: Feb 28, 2023
  • First Open Lien Mortgage Loan Amount: $738,182
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2053

    Market Valuation

  • Market Total Value: $544,630
  • Market Land Value: $192,030
  • Market Improvement Value: $352,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,678
  • Assessed Land Value: $11,522
  • Assessed Improvements Value: $21,156

    Sales

  • Current Sale Contract Date: Feb 27, 2023
  • Current Sale Recording Date: Feb 28, 2023
  • Current Sale Transaction ID: 11903853000
  • Current Sale Price: $800,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 12, 2020
  • Previous Sale Contract Date: Jun 11, 2020
  • Previous Sale Amount: $560,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY FIRST BANK
  • First Mortgage Transaction Date: Feb 28, 2023
  • First Mortgage Loan Amount: $738,182
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Feb 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: SOUTH STATE BANK
  • Previous Mortgage Transaction Date: Jun 12, 2020
  • Previous Mortgage Loan Amount: $448,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4.5 Baths
3,234 ft²
$278/ft²
$899,000 Nov 11, 2023
-
-
House
4 Beds
3 Baths
2,250 ft²
$420/ft²
$944,000 Nov 22, 2023
-
$129/mo
House
4 Beds
2.5 Baths
1,816 ft²
$441/ft²
$799,999 Jan 2, 2024
-
-
House
5 Beds
5.5 Baths
2,528 ft²
$311/ft²
$785,000 Feb 16, 2023
-
-
Multifamily
Stu
-
-
$729,000 May 10, 2023
-
-
Land
Loft
-
-
$679,900 Jan 2, 2024
-
-

About Garden City


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Frequently Asked Questions

When was property at 542 Mount Gilead Road built and last sold?
The property at 542 Mount Gilead Road was built in 1989 and last sold on Feb 27, 2023 for $800,000.
How much is this home worth?
The estimated value of the home located at 542 Mount Gilead Road is $842,796.
What are some comparable homes to 542 Mount Gilead Road?
There are currently no comparable homes to 542 Mount Gilead Road.

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