NOT LISTED FOR SALE

1508 Forrest Ave Folly Beach, SC 29439

Estimated Value: $1,515,839 - $1,922,000

4 Beds
3 Baths
1,350 Sq Ft
$1,262/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $950,000 $704 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $10,385/month

222 Days on Market

Highlights

  • Boat Dock
  • Boat Lift
  • Deck
  • James Island Elementary School Rated A-
  • River Front
  • Traditional Architecture

About This Home

As of November 2020

Folly Beach at it's finest! This home is beautifully positioned, with expansive views of the Folly River and yet just steps to the ocean, tucked away on a quiet road. Enjoy the famous sunsets and wildlife from the wonderful large back deck or walk down the dock to sit and watch the dolphins play. Launch your boat and get out on the water or stroll on the beach and watch the waves. This is a very comfortable family home and is also a great rental investment.

Last Agent to Sell the Property

Carol Ross

ERA Wilder Realty, Inc Listed on: 11/27/2019

ERA Wilder Realty, Inc

Last Buyer's Agent

Ulf Hartwig

Carolina One Real Estate Folly Beach License #13006

Carolina One Real Estate Folly Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,242

Year Built

  • Built in 1991

Lot Details

  • River Front

Home Design

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

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • River Access
  • Boat Lift
  • Floating Dock
  • Deck
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

Overview

  • Lakeshore Subdivision

Recreation

  • Boat Dock
  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,242

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1991
  • Property Sub Type: Single Family Detached
  • Ownership: Fee Simple
  • Subdivision Name: Lakeshore
  • Directions: Take Ashley Ave. East. Turn Left On Limehouse (at The Washout) And Left On Forrest.
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Ceiling Fan(s), Eat-in Kitchen, Family
  • Master Bedroom Features: Ceiling Fan(s)

Exterior Features

  • Roof: Asphalt
  • Waterfront Features: River Access, River Front, Seawall
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Exterior Features: Boatlift, Dock - Existing, Dock - Floating
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Front Porch
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Dock Facilities, Trash

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4391400068

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2020
Sold by
Weafer Noel R and Weafer Valerie H
Bought by
Coastal Properties Management Group Llc
Current Estimated Value
$1,703,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$807,500
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 29, 2006
Sold by
Glick Katherine H
Bought by
Weafer Noel R and Weafer Valerie H
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Coastal Properties Management Group Llc $950,000 None Available
Weafer Noel R $875,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coastal Properties Management Group Llc $807,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $950,000 -13.6% $704 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
11/27/2019 11/27/19 For Sale $1,100,000 -- $815 / 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 $16,242 $66,000 $0 $0
2023 $16,242 $66,000 $0 $0
2022 $13,226 $57,000 $0 $0
2021 $12,962 $57,000 $0 $0
2020 $9,163 $40,600 $0 $0
2019 $9,134 $38,400 $0 $0
2017 $8,677 $38,400 $0 $0
2016 $8,380 $38,400 $0 $0
2015 $7,964 $38,400 $0 $0
2014 $7,556 $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: 19032590

CHS Regional MLS

APN: 439-14-00-068