NOT LISTED FOR SALE

1606 Folly Creek Way Unit B8 Charleston, SC 29412

James Island Neighborhood

Estimated Value: $849,000 - $1,043,000

3 Beds
3 Baths
1,886 Sq Ft
$516/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $749,000 $397 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,942/month

12 Days on Market

Highlights

  • Boat Ramp
  • Floating Dock
  • Fitness Center
  • James Island Elementary School Rated A-
  • Home fronts a seawall
  • Gated Community

About This Home

As of July 2021

Own a piece of a private island paradise with this upgraded, elevated, hardiplank villa less than 2 miles from Folly Beach in a premier waterfront community. Peas Island combines beauty and convenience with breathtaking views, three docks, a boat ramp, pool, fitness room, walking trails, and a clubhouse with additional space for your overnight guests. This corner, end unit offers unique views and a quiet street, as well as marsh and lagoon views, an abundance of porches and natural light - all nestled under stunning oaks draped with Lowcountry charm. You'll enjoy hardwood floors throughout, upgraded kitchen appliances, a downstairs full bath and guestroom, and two upstairs bedrooms both with ensuite baths.This building recently underwent major upgrades including new hardiplank, windows and roof (see details in attachment). 3D tour available.

Last Agent to Sell the Property

Alex Rogers

The Boulevard Company License #101352 Listed on: 06/18/2021

The Boulevard Company

Last Buyer's Agent

Susanna Lee

Matt O'Neill Real Estate License #109053

Matt O'Neill Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,002

Year Built

  • Built in 2007

Lot Details

  • Home fronts a seawall
  • Irrigation

HOA Fees

  • $592 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Architectural Shingle Roof
  • Cement Siding

Interior Spaces

  • 1,886 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Lagoon Views
  • Fire Sprinkler System
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Adaptable For Elevator

Outdoor Features

  • Floating Dock
  • Shared Dock
  • Balcony
  • Wrap Around Porch

Schools

  • James Island Elementary School
  • Camp Road Middle School
  • James Island Charter High School

Utilities

  • Cooling Available
  • No Heating
  • Tankless Water Heater

Community Details

Overview

  • Front Yard Maintenance
  • Palmetto Pointe Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,002

Year Built

Built in 2007

Lot Details

0

HOA Fees

$592 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 2007
  • Property Sub Type: Single Family Attached
  • Ownership: Condominium
  • Subdivision Name: Palmetto Pointe
  • Directions: Heading Towards Folly Beach, Turn Left Onto Peas Island Rd (directly Across From Bowens Island), Then Right Onto Folly Creek Way. Home Is The First Unit On The Left.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Condominium, Duplex
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer, Tankless Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Elevator, Garden Tub/Shower, Walk-In Closet(s), Ceiling Fan(s)
  • Window Features: Window Treatments - Some
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Waterfront Features: Lagoon, Seawall
  • Construction Type: Cement Plank
  • Exterior Features: Balcony, Dock - Existing, Dock - Floating, Dock - Shared, Elevator Shaft, Lawn Irrigation
  • Foundation Details: Raised, Pillar/Post/Pier
  • Patio And Porch Features: Covered, Porch - Full Front, Wrap Around
  • Property Condition: Pre-Owned

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking Spaces: 3
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 1 Car Carport, 2 Car Garage, Off Street, Garage Door Opener
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Laundry Room
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Clubhouse, Dock Facilities, Fitness Center, Gated, Lawn Maint Incl, Pool, Trash, Walk/Jog Trails
  • Association Fee: 592
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

Tax Info

  • Tax Annual Amount: 2001.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 27, 2021
Sold by
Lunquist Leonard E
Bought by
Bowman Matthew and Bowman Patricia Ann
Seller's Agent
Alex Rogers
The Boulevard Company
Buyer's Agent
Susanna Lee
Matt O'Neill Real Estate
List Price
$749,000
Sold Price
$749,000
Current Estimated Value
$972,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,289
Avg. Annual Appreciation
6.11%
Original Mortgage
$489,000
Outstanding Balance
$445,315
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$526,974

Purchase Details

Closed on
Jul 21, 2008
Sold by
Island Pointe Llc
Bought by
Lundquist Leonard E and Lundquist Beth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bowman Matthew $749,000 None Listed On Document
Lundquist Leonard E $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Matthew $489,000
Previous Owner Lundquist Leonard E $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2021 07/29/21 Sold $749,000 0.0% $397 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $749,000 -- $397 / 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 $2,894 $27,960 $0 $0
2023 $2,702 $27,960 $0 $0
2022 $2,821 $29,960 $0 $0
2021 $1,939 $19,230 $0 $0
2020 $2,002 $19,230 $0 $0
2019 $1,804 $16,720 $0 $0
2017 $1,727 $16,720 $0 $0
2016 $1,656 $16,720 $0 $0
2015 $1,717 $16,720 $0 $0
2014 $1,503 $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: 21016438

CHS Regional MLS

APN: 331-00-00-058