NOT LISTED FOR SALE

1308 W Ashley Ave Folly Beach, SC 29439

Estimated Value: $882,000 - $1,204,000

3 Beds
2 Baths
1,268 Sq Ft
$804/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $426,000 $336 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $6,237/month

1 Day on Market

Highlights

  • Deck
  • Traditional Architecture
  • Wood Flooring
  • James Island Elementary School Rated A-
  • Cathedral Ceiling
  • In-Law or Guest Suite

About This Home

As of October 2019

Great opportunity on Folly Beach in a prime location just before The Washout! This elevated marshfront cottage has been stripped down to the framing, offering a blank canvas that is ready to be put back together. Original floor plan featured a great room and kitchen with vaulted ceilings, 2 bedrooms and 1 bath on the main level, as well as a separate bed & bath efficiency upstairs via the outside access stairs (perfect for an income producing off-season rental). This property has tons of potential! Tucked under a canopy of live oaks, the 'Tree House' offers marsh views and slight peeks of the Ocean across the street. Metal roof and exterior shell appear to be in good shape overall. Nice sized yard with ample room for a driveway. Bring your imagination and come build out your beach retreat!

Last Agent to Sell the Property

Brian Kline

Carolina One Real Estate License #48820 Listed on: 09/25/2019

Carolina One Real Estate

Last Buyer's Agent

Shane Spurling

Matt O'Neill Real Estate License #80733

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,722

Year Built

  • Built in 1964

Lot Details

  • 10,019 Sq Ft Lot
  • Property fronts a marsh
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Cottage
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,268 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Screened Patio

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • Folly Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,722

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage, Traditional
  • Year Built: 1964
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.23
  • Ownership: Fee Simple
  • Subdivision Name: Folly Beach
  • Directions: Center St. To Left At The Light Onto E. Ashley, Go 13 Blocks And Home Will Be On Your Left Just Before The Washout.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half, Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Living/Dining Combo, In-Law Floorplan

Exterior Features

  • Roof: Metal
  • Lot Features: 0 - .5 Acre, Level
  • Waterfront Features: Marshfront
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Foundation Details: Raised, Pillar/Post/Pier
  • Patio And Porch Features: Deck, Screened, Wrap Around
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Dominion Energy
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4391300105

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2019
Closed on
Oct 22, 2019
Sold by
Alexander Ursula
Bought by
Spurling Shane and Spurling Tara
Seller's Agent
Brian Kline
Carolina One Real Estate
Buyer's Agent
Shane Spurling
Matt O'Neill Real Estate
List Price
$425,000
Sold Price
$426,000
Premium/Discount to List
$1,000
0.24%
Current Estimated Value
$1,021,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$595,485
Avg. Annual Appreciation
16.24%
Original Mortgage
$415,584
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2016
Closed on
Dec 14, 2016
Sold by
Pepper Troy A and Pepper Damayanti D
Bought by
Alexander Ursula
Seller's Agent
Vincent Perna
Dunes Properties of Chas Inc
Buyer's Agent
Ulf Hartwig
Carolina One Real Estate Folly Beach
List Price
$510,000
Sold Price
$510,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.10%

Purchase Details

Closed on
Dec 15, 2009
Sold by
Aurora Loan Services Llc
Bought by
Pepper Troy A and Pepper Damayanti D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2009
Sold by
Knox Vernon L and Knox Harriott N
Bought by
Aurora Loan Services 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
Spurling Shane $426,000 None Available
Alexander Ursula $510,000 None Available
Pepper Troy A $360,000 --
Aurora Loan Services Llc $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spurling Shane $442,200
Closed Spurling Shane $435,300
Closed Spurling Shane $415,584
Closed Spurling Shane $415,584
Previous Owner Pepper Troy A $288,000
Previous Owner Knox Vernor L $354,250
Previous Owner Knox Vernor L $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $426,000 +0.2% $336 / Sq Ft
09/27/2019 09/27/19 Pending -- -- --
09/25/2019 09/25/19 For Sale $425,000 -16.7% $335 / Sq Ft
12/16/2016 12/16/16 Sold $510,000 0.0% $402 / Sq Ft
11/16/2016 11/16/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $510,000 -- $402 / 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 $7,722 $30,900 $0 $0
2023 $7,722 $30,900 $0 $0
2022 $7,248 $30,900 $0 $0
2021 $7,105 $30,900 $0 $0
2020 $5,832 $25,560 $0 $0
2019 $7,313 $30,600 $0 $0
2017 $6,949 $30,600 $0 $0
2016 $6,841 $31,200 $0 $0
2015 $6,496 $31,200 $0 $0
2014 $5,943 $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: 19027097

CHS Regional MLS

APN: 439-13-00-105