NOT LISTED FOR SALE

106 2nd St W Folly Beach, SC 29439

Estimated Value: $1,022,000 - $1,129,183

3 Beds
3 Baths
1,660 Sq Ft
$643/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $990,000 $596 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,599/month

2 Days on Market

Highlights

  • Boat Ramp
  • River Front
  • Community Pool
  • James Island Elementary School Rated A-
  • High Ceiling
  • Screened Patio

About This Home

As of June 2022

Welcome to 106 W 2nd in the well appointed Waters Edge development on Folly Beach. This 3 bedroom 3 bath townhouse has incredible views overlooking the Folly River while being close to all of the amenities Folly has to offer. Just a short 2 blocks away begins restaurants, library, parks, boat landing and the beach just beyond. There is a boat dock and pool for the owners in Waters Edge. The first floor of 106 has a bedroom, full bathroom. The kitchen has granite counter tops, new stove (2021) and Bosch quiet dishwasher (2020). The dining room and living room overlook the screen porch and its Low Country views beyond. Upstairs you will find two well appointed bedrooms. The master bedroom features private balcony and in its bathroom is a free standing tub custom tile.

Last Agent to Sell the Property

Matthew Poole

Carolina One Real Estate License #23176 Listed on: 05/05/2022

Carolina One Real Estate

Co-Listed By

Randall Sandin

Carolina One Real Estate License #67332

Last Buyer's Agent

Jeff Cook

Jeff Cook Real Estate LPT Realty License #41438

Jeff Cook Real Estate LPT Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,036

Year Built

  • Built in 2005

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 20 x 66 x 21
  • Property fronts a marsh
  • River Front
  • Tidal Wetland on Lot

Parking

  • 2 Car Garage

Home Design

  • Raised Foundation
  • Architectural Shingle Roof
  • Cement Siding

Interior Spaces

  • 1,660 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Combination Dining and Living Room
  • Exterior Basement Entry
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • River Access
  • Shared Dock
  • Screened Patio

Schools

  • James Island Elementary School
  • Camp Road Middle School
  • James Island Charter High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

Overview

  • Waters Edge Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,036

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 2005
  • Property Sub Type: Single Family Attached
  • Lot Size Acres: 0.03
  • Lot Size: 20 x 66 x 21
  • Co List Office Mls Id: 1190
  • Subdivision Name: Waters Edge
  • Directions: Folly Road To Folly Beach. Turn Right Onto W Indian Then Right On 2nd St.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Kitchen Island, Living/Dining Combo
  • Master Bedroom Features: Outside Access
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Waterfront Features: Marshfront, River Access, River Front, Tidal Creek, Waterfront - Deep, Seawall
  • Waterfront: Yes
  • Construction Type: Cement Plank
  • Exterior Features: Dock - Shared
  • Foundation Details: Raised
  • Patio And Porch Features: Screened

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Car Garage
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Dock Facilities, Park, Pool, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3281000230

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 20, 2022
Sold by
Spald Timothy A
Bought by
Newcomb Sean M and Newcomb Shannon
Seller's Agent
Matthew Poole
Carolina One Real Estate
Buyer's Agent
Jeff Cook
Jeff Cook Real Estate LPT Realty
List Price
$985,000
Sold Price
$990,000
Premium/Discount to List
$5,000
0.51%
Current Estimated Value
$1,067,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,046
Avg. Annual Appreciation
2.31%
Original Mortgage
$841,500
Outstanding Balance
$799,495
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$267,551

Purchase Details

Closed on
Sep 26, 2005
Sold by
1031 Llc
Bought by
Spaid Timothy A and Spaid Elizabeth L

Purchase Details

Closed on
Sep 2, 2005
Sold by
Turtle Bay Development Llc
Bought by
1031 Llc
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
Newcomb Sean M $990,000 --
Spaid Timothy A -- --
1031 Llc $471,425 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newcomb Sean M $841,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2022 06/22/22 Sold $990,000 +0.5% $596 / Sq Ft
05/08/2022 05/08/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $985,000 -- $593 / 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 $11,036 $44,550 $0 $0
2023 $11,036 $44,550 $0 $0
2022 $6,895 $29,360 $0 $0
2021 $6,759 $29,360 $0 $0
2020 $6,673 $29,360 $0 $0
2019 $6,130 $25,530 $0 $0
2017 $5,826 $25,530 $0 $0
2016 $5,628 $25,530 $0 $0
2015 $5,340 $25,530 $0 $0
2014 $4,494 $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: 22011520

CHS Regional MLS

APN: 328-10-00-230