NOT LISTED FOR SALE

1309 W Ashley Ave Folly Beach, SC 29439

Estimated Value: $1,862,000 - $2,215,470

6 Beds
4 Baths
3,000 Sq Ft
$681/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $775,000 $258 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $13,173/month

54 Days on Market

Highlights

  • Beach Front
  • Sauna
  • Wood Flooring
  • James Island Elementary School Rated A-
  • Traditional Architecture
  • Separate Outdoor Workshop

About This Home

As of June 2017

SELLER VERY MOTIVATED! BRING ALL OFFERS Go back in time to 1940!!! This is your typical Folly Beach......Beach House! Large central room with two bedrooms on each side. Most of the original interior is tongue and groove. Hardwood floors in main room and upstairs bedrooms. As you would expect of a house of this period a large wrap around porch over looking the ocean. The main floor also consists of two full bathrooms and a kitchen with a tile floor. Downstairs on ground level is a full one bedroom apartment, a full bedroom, bath, sauna and outdoor showers. There is great rental potential with this property. The house definitely needs TLC and with the right buyer could be brought back to its past splendor.There is a very private deck off of the front of the house that leads to the walk way and board walk that takes you right out to the beach. The house was named "Height of Folly" as according to the owner is was the highest part of the island when built. This property is being sold "AS IS" . This is a special property that requires a special buyer!

Last Agent to Sell the Property

Bobby Shealy

ERA Wilder Realty, Inc License #26174 Listed on: 03/08/2017

ERA Wilder Realty, Inc

Co-Listed By

Lindsay Pennell

Carolina One Real Estate License #89542

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

  • $21,544

Year Built

  • Built in 1940

Lot Details

  • 10,454 Sq Ft Lot
  • Beach Front

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Combination Dining and Living Room
  • Sauna

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Front Porch

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Folly Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,544

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1940
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.24
  • Co List Office Mls Id: 9060
  • Subdivision Name: Folly Beach
  • Directions: Folly Road To Center Street. Turn Left On East Ashley. 1309 On Right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace Features: Gas Log, Great Room
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Living/Dining Combo, Sauna
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Asphalt
  • Waterfront Features: Beach Access, Beach Front
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Foundation Details: Pillar/Post/Pier, Slab
  • Other Structures: Workshop
  • Patio And Porch Features: Patio, Front Porch, Wrap Around

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Window Unit(s)
  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: SCE & G
  • 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: 10454.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4391300046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2017
Closed on
Jun 12, 2017
Sold by
Prather Myron K
Bought by
Cundiff Richard and Cundiff Lauren
Seller's Agent
Bobby Shealy
ERA Wilder Realty, Inc
Buyer's Agent
Jeff Cook
Jeff Cook Real Estate LPT Realty
List Price
$775,000
Sold Price
$775,000
Current Estimated Value
$2,078,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,303,185
Avg. Annual Appreciation
12.80%
Original Mortgage
$424,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2012
Sold by
Hudson William C
Bought by
Prather Myron K
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
Cundiff Richard $775,000 Cooperative Title
Prather Myron K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cundiff Richard $1,067,000
Closed Cundiff Richard $697,800
Closed Cundiff Richard W $422,000
Closed Cundiff Richard $424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2017 06/12/17 Sold $775,000 0.0% $258 / Sq Ft
05/13/2017 05/13/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $775,000 -- $258 / 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 $21,544 $87,840 $0 $0
2023 $21,544 $87,840 $0 $0
2022 $20,289 $87,840 $0 $0
2021 $19,846 $87,840 $0 $0
2020 $10,334 $46,500 $0 $0
2019 $10,539 $45,000 $0 $0
2017 $3,242 $33,000 $0 $0
2016 $3,403 $36,400 $0 $0
2015 $3,579 $36,400 $0 $0
2014 $3,385 $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: 17006458

CHS Regional MLS

APN: 439-13-00-046