NOT LISTED FOR SALE

1006 E Ashley Ave Folly Beach, SC 29439

Estimated Value: $1,818,000 - $2,166,414

0.24 Acre
$8,174,392 Price per Acre
10,454 Sq Ft Lot

Last Sold April 14, 2016

Last sale price $309,000

Est. 535% increase in value since last sale

Current estimated payment $10,750/month

245 Days on Market

Highlights

  • Interior Lot
  • James Island Elementary School Rated A-
  • Elevated Lot

About This Lot

As of April 2016

Great value for this street-to-street lot only ONE BLOCK from beach access. This lot has been grandfathered to build a 6-bedroom house and has an unused septic system installed. The lot is large enough for a house and a pool. Improvements made by current owners to the land include demo and removal of house, raised lot, and new septic system. This lot is truly ready-to-build and is located in one of Folly Beach's fastest changing areas with new construction all around. Surveys also convey with property. Owner is motivated to sell -- bring all offers.

Last Agent to Sell the Property

Ulf Hartwig

Carolina One Real Estate Folly Beach License #13006 Listed on: 06/23/2015

Carolina One Real Estate Folly Beach

Last Buyer's Agent

Grey Allred

Carolina One Real Estate License #49199

Carolina One Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,564

Lot Details

  • 10,454 Sq Ft Lot
  • Elevated Lot
  • Interior Lot
  • Finished Lot(s)

Schools

  • James Island Elementary And Middle School
  • James Island Charter High School

Utilities

  • Natural Gas Connected
  • Septic Tank
  • Septic Permit Issued

Community Details

  • Folly Beach Subdivision
  • Income includes ["none"]

Property Details

Property Type

Land

Est. Annual Taxes

$3,564

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.24
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Folly Beach
  • Directions: From Center Street Going Toward The Beach, Turn Left Onto E Ashley Ave. Lot Will Be On The Left After 10th St.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: High, Interior Lot

Garage/Parking

  • Open Parking: No

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic At Site, Septic Permit
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected

Schools

  • Elementary School: James Island
  • High School: James Island Charter
  • Middle Or Junior School: James Island

Lot Info

  • Development Status: Finished Lot(s)
  • Lot Size Sq Ft: 10454.4
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3281600088

Multi Family

  • Income Includes: ["None"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2024
Sold by
Smith Benjamin B and Smith Kimberly M
Bought by
Benjamin B Smith Jr Revocable Trust and Kimberly M Smith Revocable Trust
Current Estimated Value
$1,961,854

Purchase Details

Closed on
Aug 6, 2018
Sold by
Clara S Hicklin
Bought by
Mullins Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
4.6%

Purchase Details

Listed on
Jun 23, 2015
Closed on
Apr 14, 2016
Sold by
512 East Arctic Avenue Llc
Bought by
Smith Benjamin B and Smith Kimberly M
Seller's Agent
Ulf Hartwig
Carolina One Real Estate Folly Beach
Buyer's Agent
Grey Allred
Carolina One Real Estate
List Price
$309,000
Sold Price
$309,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.74%

Purchase Details

Closed on
Aug 11, 2006
Sold by
Truluck Charles E and Truluck Ashley W
Bought by
512 East Arctic Avenue Llc

Purchase Details

Closed on
Jul 13, 2006
Sold by
Neville Perry G
Bought by
Truluck Charles E and Truluck Ashley W
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Benjamin B Smith Jr Revocable Trust -- None Listed On Document
Mullins Daniel $360,000 --
Smith Benjamin B $309,000 --
512 East Arctic Avenue Llc -- --
Truluck Charles E $555,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Benjamin B $250,000
Previous Owner Mullins Daniel $342,000
Previous Owner Mullins Daniel --
Previous Owner Smith Benjamin B $429,401
Previous Owner Smith Benjamin B $826,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2016 04/14/16 Sold $309,000 0.0% --
03/15/2016 03/15/16 Pending -- -- --
06/22/2015 06/22/15 For Sale $309,000 -- --
Source: CHS Regional MLS

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 $3,564 $37,680 $0 $0
2023 $3,564 $37,680 $0 $0
2022 $3,504 $37,680 $0 $0
2021 $3,636 $37,680 $0 $0
2020 $3,607 $36,090 $0 $0
2019 $3,610 $35,200 $0 $0
2017 $1,186 $12,360 $0 $0
2016 $3,884 $18,000 $0 $0
2015 $3,688 $18,000 $0 $0
2014 $3,134 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 15016625

CHS Regional MLS

APN: 328-16-00-088