NOT LISTED FOR SALE

1616 Folly Creek Way Unit B3 Charleston, SC 29412

James Island Neighborhood

Estimated Value: $902,000 - $1,035,000

3 Beds
3 Baths
1,738 Sq Ft
$545/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $465,000 $268 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $5,918/month

28 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Lagoon View
  • James Island Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of September 2016

Set in the midst of serene marsh & river views, this is a gated, intimate, 44 home community that offers privacy & quiet, yet is just a mile to Folly. Coastal living w/ 3 community deep water docks, boat ramp, & walking trails with breathtaking views. Immaculate home w/ new HVAC, open reconfigured gourmet kitchen with island seating & farmhouse sink, double ovens, gas cooktop, soft close cabinets, hardwood floors throughout, gas fireplace, 2 screened porches overlooking the water & 3 bedrooms each with their own baths. Deep screen porches off the living room & master, balconies off the other 2 bedrooms. Drive under garage with room for 2 cars & lots of storage, elevator shaft. Smooth high ceilings, plantation shuters on front windows. Community also has pool, & clubhouse w/ work out room.

Last Agent to Sell the Property

Karen Abrams

Compass Carolinas, LLC License #39850 Listed on: 07/23/2016

Compass Carolinas, LLC

Last Buyer's Agent

Susie Rosen

Daniel Ravenel Sotheby's International Realty License #83220

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,240

Year Built

  • Built in 2007

Lot Details

  • Property fronts a marsh
  • Irrigation

HOA Fees

  • $468 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Carport
  • Garage Door Opener

Home Design

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

Interior Spaces

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Screened Patio
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

Overview

  • 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

$5,240

Year Built

Built in 2007

Lot Details

0

HOA Fees

$468 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. Palmetto Pointe Is On The Left Just After The Harris Teeter And Directly Across From The Preserve At The Clam Farm. Turn Left Onto Folly Creek Way Which Takes You Down Peas Island. Pass Through The Gate, Then Bear Right Into The Community. Unit 1616 Will Be 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
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • 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, Walk-In Closet(s), Ceiling Fan(s), Family, Pantry, Separate Dining
  • Window Features: Thermal Windows/Doors, Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Waterfront Features: Lagoon, Marshfront
  • Waterfront: Yes
  • Construction Type: Cement Plank
  • Exterior Features: Lawn Irrigation
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Porch - Full Front, 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: Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • 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, Pool, Trash, Walk/Jog Trails
  • Association Fee: 468
  • 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: 3310000053
  • Tax Annual Amount: 5240.27

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2023
Sold by
Mccaw Lyles Josephine
Bought by
Josephine M Lyles Trust and Lyles
Current Estimated Value
$946,365

Purchase Details

Listed on
Jul 23, 2016
Closed on
Sep 3, 2016
Sold by
Mcdermott Patricia D
Bought by
Lyles Josephine Mccaw
Seller's Agent
Karen Abrams
Compass Carolinas, LLC
Buyer's Agent
Susie Rosen
Daniel Ravenel Sotheby's International Realty
List Price
$465,000
Sold Price
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$200,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2012
Sold by
Mcdermott Patricia D
Bought by
Mcdermott Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2012
Sold by
Folly Creek Way Llc
Bought by
Mcdermott Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2008
Sold by
Island Pointe Llc
Bought by
Folly Creek Way Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,334,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in the area

  • 1607 Folly Creek Way Unit C5, Charleston, SC 29412

    $998,950

    • 3 Beds
    • 3 Baths
    • 1,738 Sq Ft
    • 1607 Folly Creek Way
    • Unit C5
    • Charleston, SC

    Introducing the elegant 3-bedroom, 3-bath unit at 1607 Palmetto Point. This home features exquisite, renovated bathrooms, stunning hardwood floors, a three-stop elevator, and breathtaking river and marsh views from all living areas. All three bedrooms have outside access that bring the Lowcountry's landscape to everyday living. Ideally located close to Folly and its beach vibes, restaurants and

    Matthew Poole Carolina One Real Estate

    Section Image
  • 924 W Oceanview Rd, Charleston, SC 29412

    $915,000

    • 3 Beds
    • 2 Baths
    • 1,717 Sq Ft
    • 924 W Oceanview Rd
    • Charleston, SC

    The waterfront views from both the front and back of this home are unparalleled, thanks to its distinctive location on James Island. The charming cottage at 924 W Oceanview, constructed in 1958, features a kitchenette, bedroom, and living space on the first floor. An interior staircase ascends to the main living quarters and kitchen on the second floor, which includes two bedrooms, a bathroom, an

    Matthew Poole Carolina One Real Estate

    Section Image
  • 321 Bounty Ln, Charleston, SC 29412

    $899,900

    • 4 Beds
    • 2.5 Baths
    • 2,541 Sq Ft
    • 321 Bounty Ln
    • Charleston, SC

    ***Ask about the possibility of receiving 1% reduction in interest rate and free refi.***Located on a picturesque corner lot in the heart of James Island, this stunning Charleston single-style home combines timeless charm with modern luxury in one of the area's most desirable locations. From the moment you arrive, the lush landscaping and mature trees, including a fruit-bearing grapefruit tree,

    Jeremiah Brown Matt O'Neill Real Estate

    Section Image
  • 802 Robert e Lee Blvd, Charleston, SC 29412

    $1,000,000

    • 4 Beds
    • 3 Baths
    • 2,560 Sq Ft
    • 802 Robert e Lee Blvd
    • Charleston, SC

    Welcome to the exceptional property located at 802 Robert E Lee Boulevard the highly desirable Fort Johnson Estates community. This residence truly embodies the ideal features for your new home, offering a blend of prime location, comfortable living spaces, and thoughtful updates.If location is paramount in your home search, you'll find that this property offers an unparalleled advantage.

    Allison Griffith-Sims Carolina One Real Estate

    Section Image
  • 620 Clearview Dr, Charleston, SC 29412

    $839,000

    • 4 Beds
    • 3 Baths
    • 2,252 Sq Ft
    • 620 Clearview Dr
    • Charleston, SC

    Nestled in the highly sought-after Clearview neighborhood & zoned for Stiles Point Elementary, this charming single-story home offers a rare combination of space, style & convenience. With 2,252 square feet of thoughtfully designed living space, this home features 4 bedrooms & 3 full bathrooms, a bright sunroom, laundry room & a versatile equipment room. Step outside to find a spacious shed with

    Matthew Poole Carolina One Real Estate

    Section Image
  • 218 Yates Ave, Charleston, SC 29412

    $925,000

    • 4 Beds
    • 2 Baths
    • 2,416 Sq Ft
    • 218 Yates Ave
    • Charleston, SC

    ESTATE SALE - Classic brick home with great bones on a corner lot across from the new waterfront park of Fort Pemberton. This iconic street is a favorite for its quiet elegance and its proximity to the Stono River. The home features 4 bedrooms, 2 bathrooms, a formal parlor, dining room, private sun porch, and a bonus room leading to the fenced in backyard. Upstairs is an additional large room

    Trish Bender Carolina One Real Estate

    Section Image
  • 84 Bull St Unit F, Charleston, SC 29401

    $865,000

    • 2 Beds
    • 2 Baths
    • 1,114 Sq Ft
    • 84 Bull St
    • Unit F
    • Charleston, SC

    Welcome! This charming downtown Charleston 2 bed, 2 bath condo located in the heart of Harleston Village. This unit with its designer touches is being sold FURNISHED! Rent averages $4500 mo. As one of six condos in the Huchet House, this unit's entrance is conveniently located on the ground level with its own private entrance in a courtyard on the backside of the building. Upon entering the home,

    Karen Tawes The Boulevard Company

    Section Image
  • 8 Homel Place, Charleston, SC 29403

    $799,000

    • 4 Beds
    • 4 Baths
    • 1,900 Sq Ft
    • 8 Homel Place
    • Charleston, SC

    Another Cozy Renovation with BAR approved plans. Own a block from Hampton Park. All the leg work is already done for you. Hire your own contractor or ours and implement the process specific to your selections or ours. Total cost of renovated product is under 1.4 million or take on the work and purchase for $899k ''as is'' Drive by the site and sit down with the plans. Lot next door is also

    Currie Mccullough Uniquely Charleston

    Section Image
  • 5035 Gum Tree Ln, Johns Island, SC 29455

    $749,000

    • 4 Beds
    • 3.5 Baths
    • 2,616 Sq Ft
    • 5035 Gum Tree Ln
    • Johns Island, SC

    Welcome to 5035 Gum Tree, a refined coastal retreat nestled in the prestigious community of The Retreat at Brownswood, one of Johns Island's most coveted addresses.This elevated Aiken plan masterfully combines timeless design with modern luxury, offering 4 bedrooms, 3 full baths, and an expansive drive-under garage with abundant storage.Exceptional features include:- A stunning gourmet kitchen

    Andrew Scherl EXP Realty LLC

    Section Image
See All Homes in Charleston

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Josephine M Lyles Trust -- None Listed On Document
Lyles Josephine Mccaw $465,000 --
Mcdermott Patricia D -- --
Mcdermott Patricia D $350,000 --
Folly Creek Way Llc $1,668,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lyles Josephine Mccaw $200,000
Previous Owner Mcdermott Patricia D $262,500
Previous Owner Folly Creek Way Llc $1,334,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2016 09/29/16 Sold $465,000 0.0% $268 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
07/23/2016 07/23/16 For Sale $465,000 -- $268 / 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 $1,961 $19,600 $0 $0
2022 $1,905 $19,600 $0 $0
2021 $1,973 $19,600 $0 $0
2020 $2,037 $19,600 $0 $0
2019 $1,988 $18,600 $0 $0
2017 $1,902 $18,600 $0 $0
2016 $5,524 $16,690 $0 $0
2015 $5,240 $25,040 $0 $0
2014 $4,765 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Abrams

    Seller's Agent in 2016

    Karen Abrams

    Compass Carolinas, LLC

    (843) 416-2000

    15 in this area

    78 Total Sales

    Karen Abrams
    Section Image
  • Susie Rosen

    Buyer's Agent in 2016

    Susie Rosen

    Daniel Ravenel Sotheby's International Realty

    (203) 247-2930

    3 in this area

    36 Total Sales

    Susie Rosen
    Section Image
See All Agents

Map

Source: CHS Regional MLS

MLS Number: 16019699

CHS Regional MLS

APN: 331-00-00-053

South Carolina Charleston County Charleston 29412 James Island

1616 Folly Creek Way Unit B3, Charleston, SC

This home is located at 1616 Folly Creek Way Unit B3, Charleston, SC 29412 since 23 July 2016 and is currently estimated at $946,365, approximately $544 per square foot. This property was built in 2007. 1616 Folly Creek Way Unit B3 is a home located in Charleston County with nearby schools including James Island Elementary School, Camp Road Middle, and Septima P Clark Corporate Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

CHS Regional MLS The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2025 Charleston Trident MLS. All Rights Reserved

Nearby Homes