NOT LISTED FOR SALE

16 Center St Unit 4 Folly Beach, SC 29439

Estimated Value: $313,000 - $443,000

1 Bed
1 Bath
394 Sq Ft
$1,002/Sq Ft Est. Value

Last Sold October 16, 2015

Last sale price $184,000 $467 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,453/month

7 Days on Market

Highlights

  • Eat-In Kitchen
  • Cooling Available
  • Ceiling Fan
  • James Island Elementary School Rated A-
  • Combination Dining and Living Room
  • 3-minute walk to Folly River Park

About This Home

As of October 2015

Charming, Euro-style 1 Bedroom/1 Bathroom condo located 200 yards from the beach and directly on Center Street! This condo was completely renovated. New HVAC, Titan on demand water heater, and new flooring. The kitchen is equipped with a full size fridge, stove and dishwasher. The huge bedroom has plenty of space for two queen size beds. The bath has Italian style tile, new pedestal sink, toilet and cabinet, and fantastic water pressure for those post-beach showers. This cozy flat located in the heart of downtown is perfect for someone looking to buy on Folly at minimal cost while enjoying excellent rental income. Stroll to the Pavilion pier, beach, shops, eclectic grocery store, restaurants and nightlife. If it weren't for the designated parking spot, you might forget where you parked.

Last Agent to Sell the Property

Ulf Hartwig

Carolina One Real Estate Folly Beach License #13006 Listed on: 08/20/2015

Carolina One Real Estate Folly Beach

Last Buyer's Agent

Ulf Hartwig

Carolina One Real Estate Folly Beach License #13006 Listed on: 08/20/2015

Carolina One Real Estate Folly Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,163

Year Built

  • Built in 1998

Lot Details

  • 10,106

Parking

  • Off-Street Parking

Home Design

  • Asbestos Shingle Roof
  • Wood Siding

Interior Spaces

  • 394 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Folly Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,163

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1998
  • Property Sub Type: Single Family Attached
  • Ownership: Condominium
  • Subdivision Name: Folly Beach
  • Directions: On Center Street Going Towards The Beach, Building Is On The Left Before The Stop Light. Enter From Staircase In The Parking Area Behind The Building.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo Regime, Condominium
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Living/Dining Combo

Exterior Features

  • Roof: Asbestos Shingle
  • Construction Type: Wood Siding
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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: 3281400471
  • Tax Annual Amount: 1163

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2015
Closed on
Oct 16, 2015
Sold by
Kemp Jennifer A
Bought by
Mason Edie
Seller's Agent
Ulf Hartwig
Carolina One Real Estate Folly Beach
Buyer's Agent
Ulf Hartwig
Carolina One Real Estate Folly Beach
List Price
$184,000
Sold Price
$184,000
Current Estimated Value
$394,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,872
Avg. Annual Appreciation
7.69%
Original Mortgage
$149,000
Outstanding Balance
$8,919
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$369,083

Purchase Details

Closed on
Mar 21, 2012
Sold by
Center Street Associates Llc
Bought by
Kemp Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
3.89%
Mortgage Type
Seller Take Back
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
Mason Edie $184,000 --
Kemp Jennifer A $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason Edie $149,000
Previous Owner Kemp Jennifer A $64,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2015 10/16/15 Sold $184,000 0.0% $467 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $184,000 -- $467 / 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
2023 $3,265 $12,000 $0 $0
2022 $2,919 $12,000 $0 $0
2021 $2,950 $12,000 $0 $0
2020 $2,915 $12,000 $0 $0
2019 $2,834 $11,040 $0 $0
2017 $2,616 $11,040 $0 $0
2016 $2,617 $11,040 $0 $0
2015 $1,200 $4,800 $0 $0
2014 $1,163 $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: 15022070

CHS Regional MLS

APN: 328-14-00-471