NOT LISTED FOR SALE

114 2nd St W Folly Beach, SC 29439

Estimated Value: $908,281 - $1,005,000

3 Beds
3 Baths
1,668 Sq Ft
$573/Sq Ft Est. Value

Last Sold June 08, 2020

Last sale price $638,000 $382 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,401/month

38 Days on Market

Highlights

  • Floating Dock
  • Pier or Dock
  • Wood Flooring
  • James Island Elementary School Rated A-
  • In Ground Pool
  • High Ceiling

About This Home

As of June 2020

Welcome to Folly Beach, The Edge of America! This resort home offers the best of both worlds: the views of the Intercoastal Waterway and just steps away from the soft, sandy beach. The stunning open floor plan has 3 Bedrooms, 3 Baths and is offered fully furnished. The home features beautiful hardwood flooring, crown molding, 9 ft ceilings and 3 spacious patios (1 fully screened). The kitchen has granite countertops, ample cabinets, storage and an island that is large enough to host all of your social gatherings. The master retreat offers a private balcony overlooking the Intercoastal Waterway, crown molding, separate tub and shower, dual vanities and an oversized walk-in closet. The secondary bedrooms are spacious and bright and offer dedicated full baths. The home is just steps away fromthe community pool with cabana, beautiful green space and a community dock that offers everything you need to go out for a full day on the water. You are minutes from local dining and shopping. This home is currently on a rental program and has a strong rental history to help offset ownership if desired.

Last Agent to Sell the Property

Jim Hart

Nexthome Lowcountry License #47198 Listed on: 03/17/2020

Nexthome Lowcountry

Co-Listed By

Kelly Wilburn

Nexthome Lowcountry License #106040

Last Buyer's Agent

Wendy Gant

A New Beginning Realty Group License #55140

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,391

Year Built

  • Built in 2005

Lot Details

  • 1,307 Sq Ft Lot
  • Property fronts a marsh

HOA Fees

  • $545 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Raised Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 1,668 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

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Floating Dock
  • Shared Dock
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

Overview

  • Waters Edge Subdivision

Recreation

  • Pier or Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,391

Year Built

Built in 2005

Lot Details

0

HOA Fees

$545 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 2005
  • Property Sub Type: Single Family Attached
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: 9744
  • Co List Office Phone: 803-780-4536
  • Subdivision Name: Waters Edge
  • Directions: Take Center St. To W. Indian To 1st Right Onto W. 2nd Street. Follow All The Way Back Into Waters Edge And 114 Will Be On Your Right
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • 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 - Some
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Marshfront
  • Waterfront: Yes
  • Exterior Features: Dock - Existing, Dock - Floating, Dock - Shared
  • Foundation Details: Raised
  • Patio And Porch Features: Patio, Covered, Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage, Attached, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Trash
  • Association Fee: 545
  • 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: 3281000226
  • Tax Annual Amount: 8391.35

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
May 27, 2020
Sold by
Keefer Philip D and Kingery Dolores
Bought by
Oconnell Timothy Francis and Oconnell Laura
Seller's Agent
Jim Hart
Nexthome Lowcountry
Buyer's Agent
Wendy Gant
A New Beginning Realty Group
List Price
$638,000
Sold Price
$638,000
Current Estimated Value
$955,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,070
Avg. Annual Appreciation
7.89%
Original Mortgage
$510,400
Outstanding Balance
$452,431
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$502,639

Purchase Details

Listed on
May 5, 2018
Closed on
Jun 26, 2018
Sold by
Carolina Dutch Company Llc
Bought by
Keefer Philip D and Kingery Dolores
Seller's Agent
Adam Killermann
Carolina One Real Estate Folly Beach
List Price
$590,000
Sold Price
$590,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$453,100
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2011
Sold by
Mccann Teresa
Bought by
Carolina Dutch Company Llc

Purchase Details

Closed on
Jul 11, 2007
Sold by
Mccann Teresa
Bought by
Mccann Teresa and The Teresa Mccann Living Trust

Purchase Details

Closed on
Jul 1, 2005
Sold by
Turtle Bay Development Llc
Bought by
Mccann Teresa
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
Oconnell Timothy Francis $638,000 None Available
Keefer Philip D $590,000 None Available
Carolina Dutch Company Llc $405,000 --
Mccann Teresa -- None Available
Mccann Teresa $445,187 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnell Timothy Francis $510,400
Previous Owner Keefer Philip D $453,100
Closed Mccann Teresa --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2020 06/08/20 Sold $638,000 0.0% $382 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $638,000 +8.1% $382 / Sq Ft
06/26/2018 06/26/18 Sold $590,000 0.0% $354 / Sq Ft
05/27/2018 05/27/18 Pending -- -- --
05/05/2018 05/05/18 For Sale $590,000 -- $354 / 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 $9,514 $38,280 $0 $0
2023 $9,514 $38,280 $0 $0
2022 $8,938 $38,280 $0 $0
2021 $8,761 $38,280 $0 $0
2020 $7,971 $35,220 $0 $0
2019 $8,391 $35,220 $0 $0
2017 $6,056 $26,570 $0 $0
2016 $5,851 $26,570 $0 $0
2015 $5,552 $26,570 $0 $0
2014 $4,670 $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: 20007663

CHS Regional MLS

APN: 328-10-00-226