NOT LISTED FOR SALE

1512 Forrest Ave Folly Beach, SC 29439

Estimated Value: $1,304,000 - $1,795,000

3 Beds
3 Baths
1,423 Sq Ft
$1,033/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $812,500 $571 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $8,798/month

63 Days on Market

Highlights

  • Floating Dock
  • Pier or Dock
  • Deck
  • James Island Elementary School Rated A-
  • River Front
  • Wood Flooring

About This Home

As of May 2020

1512 Forrest Avenue, Folly Beach, SC with ocean views from the front porch, located on the Folly River with private dock/ private pier head with only the boardwalk shared, and driveway for at least 4 vehicles. Five- minute walk to the Folly Washout! No HOA or Regime fees! Very private street that ends in a cul-de-sac. Dock up to an approximately 33' boat; lowest tide approx. 2'. Benches, chairs and cleaning station with running water all at the pier head. Floating dock directly off the backyard perfect for shrimping and bait fish. This property is licensed by the City of Folly Beach as a vacation rental and can also be VRBO'ed.Gorgeous sunrises, magnificent sunsets with views of the Morris Island Lighthouse, ships in the Harbor, constellations, frolicking dolphins and pelicans in flight gliding over the water. Only one block from the ocean. The entire downstairs of the home is fully shaded with swings, hammocks, a 42" TV and cooking stations which includes a large grill, a propane cooker, a gas cook top with 4 large burners, microwave, double sink with running water, crab/oyster table, pots and pans, large coolers, a bar, and large table and picnic table. Also included downstairs is a large shower, sink, toilet, laundry room and fire pit. Home has an electric heat pump and natural gas water heater, range, and cooking station.
Large front porch with ocean views, foyer, kitchen, family room/dining area with breathtaking views out of the floor to ceiling doors/windows. Kitchen includes a breakfast bar. Furniture conveys and includes all new bed mattresses. Attic access from bedroom #1. Wood floors throughout except tile in baths. Great rental investment or private residence or both. Close to downtown Charleston and downtown Folly Beach restaurants and shopping. Land was built up higher than the surrounding area.
New: Doors, dishwasher and roof (2014), 1,000- gallon septic system and seawall (2016), New dock and utilities (2005), 400 'of dock boardwalk (2018), windows and HVAC (2013), and concrete under porch (2017).
Homeowners insurance is $2506/year with Lloyds of London. Flood insurance $3,359/year.

Last Agent to Sell the Property

Susan Aviles

Reside Real Estate LLC License #57754 Listed on: 12/19/2019

Last Buyer's Agent

Rob Diprima

My Ocean Rental LLC License #45571

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,055

Year Built

  • Built in 1967

Lot Details

  • 5,227 Sq Ft Lot
  • River Front
  • Cul-De-Sac
  • Elevated Lot
  • Tidal Wetland on Lot

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation

Interior Spaces

  • 1,423 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storm Doors
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • River Access
  • Floating Dock
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

Overview

  • Lakeshore Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,055

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage
  • Year Built: 1967
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.12
  • Ownership: Fee Simple
  • Subdivision Name: Lakeshore
  • Directions: Take Ashley Avenue East. Turn Left On Limehouse (at The Washout) And Left On Forrest. Home Is On The Right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Living/Dining Combo
  • Window Features: Window Treatments
  • Master Bedroom Features: Ceiling Fan(s)

Exterior Features

  • Lot Features: 0 - .5 Acre, Cul-De-Sac, High
  • Waterfront Features: River Access, River Front, Tidal Creek, Waterfront - Shallow, Seawall
  • Waterfront: Yes
  • Exterior Features: Dock - Existing, Dock - Floating
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Patio, Covered, Front Porch
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4391400066

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2019
Closed on
May 19, 2020
Sold by
Crc Folly Llc
Bought by
Peters William C
Seller's Agent
Susan Aviles
Reside Real Estate LLC
Buyer's Agent
Rob Diprima
My Ocean Rental LLC
List Price
$812,500
Sold Price
$812,500
Current Estimated Value
$1,469,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$657,489
Avg. Annual Appreciation
11.74%

Purchase Details

Closed on
Nov 19, 2001
Sold by
Couturier Julian B and Runey Renee C
Bought by
Crc Partnership
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
Peters William C $812,500 None Available
Crc Partnership -- --
Couturier Julian B -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2020 05/28/20 Sold $812,500 0.0% $571 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
12/19/2019 12/19/19 For Sale $812,500 -- $571 / 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 $12,055 $48,750 $0 $0
2023 $12,055 $48,750 $0 $0
2022 $11,336 $48,750 $0 $0
2021 $11,111 $48,750 $0 $0
2020 $9,555 $42,370 $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 $7,568 $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: 19033975

CHS Regional MLS

APN: 439-14-00-066