$450,000
SOLD MAY 16, 2019

1618 Folly Creek Way Unit B2 Charleston, SC 29412

James Island Neighborhood
3 Beds
3 Baths
1,746 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$258 Per Sq Ft

164 Days on Market

Highlights

  • Boat Dock
  • Fitness Center
  • Wetlands on Lot
  • James Island Elementary School Rated A-
  • Gated Community
  • Wood Flooring

About This Home

As of March 2025

Exclusive Palmetto Point Condo. Gated. Bright Open Plan!Great room - gas fireplace, overlooks pond& marsh. Large lanai off great room to enjoy outdoors - watch birdlife& you may see a dolphin in the creek! Kitchen open into great room - granite counters, breakfast bar, lots of cabinets storage , well designed for cooking your favorite meals. One bedroom downstairs w full bath +porch!Dining room overlooks huge Oak tree. Upstairs large master suite w sitting area, porch overlooking the marsh large walk in closet, full bath w jacuzzi tub ,separate shower,double sinks. 3rd bedroom, 2nd floor, w porch & private full bath. Home has great storage, Garage -room for all your toys & 2 cars parked one behind the other. Minutes to Folly. Community Docks, Walking paths, Pool Community Docks This special community has lots to offer. 20 minutes to Charleston. Convenient location
Palmetto Pointe Villas on Peas Island across from Bowens Is, is an exclusive gated eight-acre luxury condo community.. This unit features grand marsh views, a large garage plus, crown molding, hardwood floors, granite countertops, a gas fireplace, 3 bedroom each with a lanai, screened-in porch, and bath -excellent storage closets. The unit is ''elevator ready'' with shaft.
Palmetto Pointe has many amenities- Including clubhouse, boat ramp, swimming pool, fitness area and docks. Ride your bike to Folly Beach! Great place to call home!
Residents can leave boat parked at community dock for 3 nights
Minimal rental is 3 months.
Friends can stay for short term

Last Agent to Sell the Property

Mary Ann Meyers

Mary Ann Meyers Charleston Realty Inc. License #20023 Listed on: 10/31/2018

Last Buyer's Agent

Dan Lorentz

The Boulevard Company License #51543

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,155

Year Built

  • Built in 2007

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Raised Foundation
  • Architectural Shingle Roof
  • Cement Siding

Interior Spaces

  • 1,746 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Smooth Ceilings
  • High Ceiling
  • Gas Log Fireplace
  • Thermal Windows
  • Insulated Doors
  • Great 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

  • Wetlands on Lot
  • Covered patio or porch

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

Recreation

  • Boat Dock
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Palmetto Pointe Subdivision
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,155

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 2007
  • Property Sub Type: Single Family Attached
  • Ownership: Fee Simple
  • Subdivision Name: Palmetto Pointe
  • Directions: Folly Rd Towards Folly Beach. Left On To Folly Creek Way, Across From Entrance To Bowen's Island. Bear Right Into Complex.
  • Carport Y N: No
  • 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, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Elevator, Garden Tub/Shower, Walk-In Closet(s), Great, Pantry, Separate Dining
  • Window Features: Thermal Windows/Doors
  • Master Bedroom Features: Garden Tub/Shower, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Lot Features: Wetlands
  • Construction Type: Cement Plank
  • Foundation Details: Raised
  • Patio And Porch Features: Covered, Front Porch, Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Dock Facilities, Fitness Center, Gated, Pool, Walk/Jog Trails

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3310000052
  • Tax Annual Amount: 5154.75

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2025
Closed on
Mar 5, 2025
Sold by
Ciambruschini Family Trust and Ciambruschini Patrick Francis
Bought by
Ratterree Julian A and Hooker Stephanie A
Seller's Agent
Dan Lorentz
The Boulevard Company
Buyer's Agent
Joy Wolters
The Boulevard Company
List Price
$899,000
Sold Price
$877,000
Premium/Discount to List
-$22,000
-2.45%
Total Days on Market
164
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.97%
Original Mortgage
$540,000
Outstanding Balance
$532,428
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$366,762

Purchase Details

Closed on
Aug 19, 2022
Sold by
Ciambruschini Patrick Francis
Bought by
Ciambruschini Family Trust

Purchase Details

Listed on
Oct 31, 2018
Closed on
May 10, 2019
Sold by
Casaday Jennie Keith
Bought by
Ciambruschini Patrick Francis
Seller's Agent
Mary Ann Meyers
Mary Ann Meyers Charleston Realty Inc.
Buyer's Agent
Dan Lorentz
The Boulevard Company
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%
Original Mortgage
$250,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 21, 2013
Sold by
Folly Creek Way Llc
Bought by
Casady Jennie Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.56%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 30, 2008
Sold by
Island Pointe Llc
Bought by
Folly Creek Way Llc
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 $877,000 None Listed On Document
Deed $877,000 None Listed On Document
Quit Claim Deed -- --
Deed $450,000 None Available
Warranty Deed $375,000 --
Deed $1,668,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $540,000 New Conventional
Closed $540,000 New Conventional
Previous Owner $250,000 Adjustable Rate Mortgage/ARM
Previous Owner $300,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $877,000 -2.4% $502 / Sq Ft
02/13/2025 02/13/25 For Sale $899,000 +99.8% $515 / Sq Ft
05/16/2019 05/16/19 Sold $450,000 0.0% $258 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
10/30/2018 10/30/18 For Sale $450,000 -- $258 / 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 $1,641 $18,000 $0 $0
2022 $1,763 $18,000 $0 $0
2021 $6,230 $27,000 $0 $0
2020 $6,151 $27,000 $0 $0
2019 $5,423 $22,500 $0 $0
2017 $5,155 $22,500 $0 $0
2016 $4,981 $22,500 $0 $0
2015 $4,722 $22,500 $0 $0
2014 $4,553 $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: 18029661

CHS Regional MLS

APN: 331-00-00-052