$507,500
SOLD JAN 4, 2017

1615 Folly Creek Way Unit C1 Charleston, SC 29412

James Island Neighborhood
3 Beds
3 Baths
1,738 Sq Ft
10 Acres

Recently Sold

$292 Per Sq Ft

188 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Clubhouse
  • James Island Elementary School Rated A-
  • Gated Community
  • Wood Flooring

About This Home

As of February 2021

Palmetto Pointe is gated, private 7 acre waterfront community with 3 shared deep water docks; 3 crabbing docks; walking trail; club house (w/pool, exercise room, & guest quarters); boat ramp; beautiful live oaks. Upgrades in this unit include large elevator from ground to 2nd level, hardwood floors throughout, some plantation shutters, Rinnai tankless W/H., antique mantel on gas fireplace. Unit has 9' smooth ceilings; granite counter tops kitchen & baths; crown molding; screened porch off family room & deck off master bedroom provide views of tidal creek & marsh; front porch with access to 1st level bedroom; master bath with jet tub & separate shower; 2nd level bedroom has private bath & porch; covered patio; carport plus garage w/over-sized garage doors capable of storing boat and vehicle

Last Listed By

Linda Ashley

Olde Towne Realty, LLC License #1824 Listed on: 03/30/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,573

Year Built

  • Built in 2007

Lot Details

  • Property fronts a marsh
  • Irrigation
  • Tidal Wetland on Lot

HOA Fees

  • $478 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Carport
  • Garage Door Opener

Home Design

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

Interior Spaces

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered patio or porch

Schools

  • James Island Elementary And 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
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,573

Year Built

Built in 2007

Lot Details

0

HOA Fees

$478 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 Rd Towards Folly Beach. Turn Left Into Palmetto Pointe Across From Bowen's Island Just Before Folly Rd Becomes 2 Lanes. Condo On Right
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Structure Type: Condominium
  • Special Features: None
  • Stories: 3

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
  • 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: Marshfront, Tidal Creek
  • Waterfront: Yes
  • Construction Type: Cement Plank
  • Exterior Features: Lawn Irrigation
  • Foundation Details: Raised, Pillar/Post/Pier
  • Patio And Porch Features: Covered, 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, Garage Door Opener
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, SCE & G
  • 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: 478
  • Association Fee Frequency: Monthly
  • Association: Yes

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: 3310000059
  • Tax Annual Amount: 1573.3

Multi Family

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
Total Days on Market
188
Current Estimated Value
$1,021,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,950
Avg. Annual Appreciation
10.41%

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $679,500 Weeks & Irvine Llc
Deed $507,500 None Available
Deed $430,000 --
Deed $425,000 --
Deed In Lieu Of Foreclosure -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $429,250 Adjustable Rate Mortgage/ARM
Previous Owner $340,000 New Conventional
Previous Owner $14,500,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

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Map

Source: CHS Regional MLS

MLS Number: 16008386

CHS Regional MLS

APN: 331-00-00-059