NOT LISTED FOR SALE

1615 Folly Creek Way Unit C1 Charleston, SC 29412

James Island Neighborhood

Estimated Value: $833,000 - $1,041,000

3 Beds
3 Baths
1,738 Sq Ft
$561/Sq Ft Est. Value

Last Sold February 03, 2021

Last sale price $679,500 $391 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,935/month

19 Days on Market

Highlights

  • Boat Ramp
  • Gated Community
  • Wood Flooring
  • James Island Elementary School Rated A-
  • Clubhouse
  • High Ceiling

About This Home

As of February 2021

Welcome to Palmetto Pointe! A gated community with expansive views of marshes and creeks to enjoy! This is a gated community with 3 shared Deep water docks, 3 crabbing docks, Walking trail, Neighborhood pool with a clubhouse and exercise room, a boat ramp, Beautiful large Oaks and gorgeous landscaping. This unit features an elevator from ground level to the second level, Hardwood floors throughout, 9 ft smooth ceilings, Rinnai tankless water heater and a Beautiful Antique mantel over the fireplace. Granite counters in kitchen and baths, Crown molding, screened porch off the Family room and deck off the master bedroom to enjoy the view of the creeks and marshes. There is a bedroom on the first floor with deck access also. The Master bath features a jetted tub and separate shower witha private balcony. Furnishings are negotiable other than Dining room table. The carport is covered and leads to the garage with oversized doors to accommodate boat storage and vehicles. The Beaches at Folly are a short drive or bike ride away. Drive to Downtown Charleston in 12 minutes or so. Lots of fantastic restaurants nearby too!

Last Agent to Sell the Property

Lori Nolan

Adler Realty License #21639 Listed on: 12/23/2020

Last Buyer's Agent

Ashley Melton

AgentOwned Realty Preferred Group License #49100

AgentOwned Realty Preferred Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,154

Year Built

  • Built in 2007

Lot Details

  • Property fronts a marsh
  • Tidal Wetland on Lot

HOA Fees

  • $592 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 1 Carport Space

Home Design

  • Raised Foundation
  • Architectural Shingle Roof
  • Asphalt Roof
  • Cement Siding

Interior Spaces

  • 1,738 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • Formal Dining Room
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer Hookup

Outdoor Features

  • Screened Patio
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

Overview

  • Front Yard Maintenance
  • Palmetto Pointe Subdivision

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,154

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: Folly Road Towards Folly Beach. Turn Left Into Palmetto Pointe Across From Bowen's Island. Go Through The Gate And Take The First Right. Condo On The Right.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Condominium
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Tankless Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log, 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), Family, Pantry, Separate Dining
  • Window Features: Window Treatments - Some
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Walk-In Closet(s)

Exterior Features

  • Roof: Architectural, Asphalt
  • Waterfront Features: Marshfront, Tidal Creek
  • Waterfront: Yes
  • Construction Type: Cement Plank
  • Exterior Features: Dock - Existing
  • Foundation Details: Raised
  • Patio And Porch Features: Front Porch, Screened
  • 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, Attached
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Clubhouse, Dock Facilities, 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: 2154.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2020
Closed on
Feb 2, 2021
Sold by
Richardson James S and Richardson Karola D
Bought by
Butler Lynne and The Lynne Butler Living Trust
Seller's Agent
Lori Nolan
Adler Realty
Buyer's Agent
Ashley Melton
AgentOwned Realty Preferred Group
List Price
$679,500
Sold Price
$679,500
Current Estimated Value
$975,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,665
Avg. Annual Appreciation
7.68%

Purchase Details

Listed on
Mar 30, 2016
Closed on
Jan 4, 2017
Sold by
West Glennis A
Bought by
Richardson James S and Richardson James S
Seller's Agent
Linda Ashley
Olde Towne Realty, LLC
List Price
$507,500
Sold Price
$507,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$429,250
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 23, 2014
Sold by
Kemp Keith A and Kemp Karen L
Bought by
West Glennis A

Purchase Details

Closed on
Aug 20, 2010
Sold by
Peays Island Llc
Bought by
Kemp Keith A and Kemp Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2009
Sold by
Island Pointe Llc
Bought by
Peays Island Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,500,000
Interest Rate
5.08%
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
Butler Lynne $679,500 Weeks & Irvine Llc
Richardson James S $507,500 None Available
West Glennis A $430,000 --
Kemp Keith A $425,000 --
Peays Island Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richardson James S $429,250
Previous Owner Kemp Keith A $340,000
Previous Owner Peays Island Llc $14,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2021 02/03/21 Sold $679,500 0.0% $391 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
12/23/2020 12/23/20 For Sale $679,500 +33.9% $391 / Sq Ft
01/04/2017 01/04/17 Sold $507,500 0.0% $292 / Sq Ft View Prior Sale
12/05/2016 12/05/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $507,500 -- $292 / 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 $2,632 $25,180 $0 $0
2023 $2,455 $25,180 $0 $0
2022 $2,398 $25,180 $0 $0
2021 $1,955 $19,400 $0 $0
2020 $2,208 $21,400 $0 $0
2019 $2,154 $20,300 $0 $0
2017 $1,585 $17,200 $0 $0
2016 $1,521 $17,200 $0 $0
2015 $1,573 $17,200 $0 $0
2014 $4,847 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lori Nolan

    Adler Realty

    (843) 343-5700

    27 in this area

    61 Total Sales

    Lori Nolan
    Section Image

  • A

    Buyer's Agent in 2021

    Ashley Melton

    AgentOwned Realty Preferred Group

    (843) 670-2333

    10 in this area

    30 Total Sales

    Ashley Melton
    Section Image

  • L

    Seller's Agent in 2017

    Linda Ashley

    Olde Towne Realty, LLC

    (843) 991-5745

    1 in this area

    3 Total Sales

    Linda Ashley
    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 20033676

CHS Regional MLS

APN: 331-00-00-059

South Carolina Charleston County Charleston 29412 James Island

1615 Folly Creek Way Unit C1, Charleston, SC

Not Listed for Sale

Detached

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