NOT LISTED FOR SALE

104 2nd St W Folly Beach, SC 29439

Estimated Value: $713,000 - $1,005,000

3 Beds
3 Baths
1,660 Sq Ft
$532/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $621,500 $374 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,645/month

94 Days on Market

Highlights

  • Boat Dock
  • River Access
  • High Ceiling
  • James Island Elementary School Rated A-
  • Wood Flooring
  • Community Pool

About This Home

As of October 2020

Welcome to 104 Water's Edge. This well maintained home has wonderful VIEWS of the Folly River. This 3 bedroom, 3 bath home has granite countertops, crown molding, 3/4'' oak hardwood floors thoughout the home, screened in porch on the first floor plus a large sundeck on the 2nd floor off the master suite. The second floor has 2 bedrooms, each with their own baths. A third bedroom is located on the main floor. The master suite features a large walk-in closet and an ensuite bath featuring a jacuzzi tub and a rainfall shower. The attached 2 car garage (back to back design) allows for extra storage. Water's Edge boasts a riverside community pool & floating dock. Walk to town or the beach! This home would make an excellent primary residence or second home with vacation rental income.

Last Agent to Sell the Property

Ulf Hartwig

Carolina One Real Estate Folly Beach License #13006 Listed on: 05/16/2020

Carolina One Real Estate Folly Beach

Last Buyer's Agent

Laurie Hull

Dunes Properties of Chas Inc License #84809

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,917

Year Built

  • Built in 2005

Lot Details

  • 1,307 Sq Ft Lot

HOA Fees

  • $535 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Raised Foundation
  • Architectural Shingle Roof
  • Cement Siding

Interior Spaces

  • 1,660 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • River Access
  • Balcony
  • Covered patio or porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

Overview

  • Waters Edge Subdivision

Recreation

  • Boat Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,917

Year Built

Built in 2005

Lot Details

0

HOA Fees

$535 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 2005
  • Property Sub Type: Single Family Attached
  • Lot Size Acres: 0.03
  • Ownership: Condominium
  • Subdivision Name: Waters Edge
  • Directions: Center Street To W Indian Ave. Turn Right On W 2nd St And Enter Water's Edge. 104 Is On The Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Condo Regime, Condominium
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Living/Dining Combo
  • Window Features: Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Waterfront Features: River Access
  • Construction Type: Cement Plank
  • Exterior Features: Balcony
  • Foundation Details: Raised
  • Patio And Porch Features: Covered, Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage, Off Street, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Dock Facilities, Pool, Trash
  • Association Fee: 535
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3281000231
  • Tax Annual Amount: 2916.51

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
Aug 20, 2018
Sold by
Folly Beach Llc
Bought by
Edenborough Kevin
Seller's Agent
Laurie Hull
Dunes Properties of Chas Inc
Buyer's Agent
Ulf Hartwig
Carolina One Real Estate Folly Beach
List Price
$595,000
Sold Price
$595,000
Current Estimated Value
$891,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,228
Avg. Annual Appreciation
6.18%
Original Mortgage
$555,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
May 15, 2018
Sold by
Monachino Thomas A and Monachino Joyce A
Bought by
Folly Beach Llc

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
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 20, 2006
Sold by
Bor Stephen and Shoyer Linda
Bought by
Monachino Thomas A and Monachino Joyce A

Purchase Details

Closed on
Sep 14, 2005
Sold by
Turtle Bay Development Llc
Bought by
Bor Stephen and Shoyer Linda
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
Edenborough Kevin $595,000 None Available
Folly Beach Llc $380,000 None Available
Monachino Thomas A $600,000 None Available
Bor Stephen $442,582 Americas Choice Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edenborough Kevin $553,422
Closed Edenborough Kevin $555,000
Previous Owner Folly Beach Llc $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $621,500 0.0% $374 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
05/16/2020 05/16/20 For Sale $621,500 +4.5% $374 / Sq Ft
08/23/2018 08/23/18 Sold $595,000 0.0% $358 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $595,000 -- $358 / Sq Ft
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 $2,250 $22,860 $0 $0
2023 $2,250 $22,860 $0 $0
2022 $8,712 $37,290 $0 $0
2021 $8,539 $37,290 $0 $0
2020 $2,831 $24,630 $0 $0
2019 $2,917 $24,630 $0 $0
2017 $5,673 $24,840 $0 $0
2016 $5,481 $24,840 $0 $0
2015 $5,199 $24,840 $0 $0
2014 $4,376 $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: 20013259

CHS Regional MLS

APN: 328-10-00-231