NOT LISTED FOR SALE

1622 Folly Creek Way Unit A6 Charleston, SC 29412

James Island Neighborhood

Estimated Value: $910,000 - $976,977

3 Beds
3 Baths
1,742 Sq Ft
$545/Sq Ft Est. Value

Last Sold October 22, 2024

Last sale price $1,000,000 $574 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $7,011/month

82 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Gated Community
  • James Island Elementary School Rated A-
  • In Ground Pool
  • Clubhouse

About This Home

As of October 2024

This waterfront Townhome in Palmetto Point at Peas Island is an exclusive, private gated community just minutes from Folly Beach and downtown Charleston. This home features beautifully upgraded bathrooms and upgraded kitchen with farmhouse sink, stainless steel appliances and quartz countertops. The house is fully equipped with an elevator, gas fireplace, and a spacious enclosed garage. Each of the three bedrooms have private balconies. A new roof installed in 2020 as well as many other exterior upgrades. Experience a low-maintenance coastal lifestyle with amenities such as community pool, 24-hour gym, walking trails, and a clubhouse. The community also offers three deep water docks with boat ramp.

Last Agent to Sell the Property

Hannah Kamba

Coldwell Banker Comm/Atlantic Int'l License #91503 Listed on: 07/11/2024

Coldwell Banker Comm/Atlantic Int'l

Last Buyer's Agent

Kathryn Mcdonnell

ERA Wilder Realty Inc License #89268

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

HOA Fees

  • $840 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Interior Spaces

  • 1,742 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • In Ground Pool
  • Shared Dock
  • Balcony
  • Screened Patio

Schools

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

Utilities

  • Central Air
  • No Heating

Additional Features

  • Adaptable For Elevator
  • Property fronts a marsh

Community Details

Overview

  • Palmetto Pointe Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$840 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 2007
  • Property Sub Type: Single Family Attached
  • Subdivision Name: Palmetto Pointe
  • Directions: Property Is Located Off Folly Road On Peas Island Road Across The Street From Bowmans Island Road.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Wet Bar, Eat-in Kitchen, Living/Dining Combo
  • Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Marshfront, Waterfront - Deep
  • Waterfront: Yes
  • Exterior Features: Balcony, Dock - Shared, Elevator Shaft
  • Other Structures: No
  • Patio And Porch Features: 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

  • Cooling: Central Air
  • Laundry Features: Washer Hookup, Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Boat Ramp, Clubhouse, Dock Facilities, Elevators, Fitness Center, Gated, Pool, Walk/Jog Trails
  • Association Fee: 840
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Oct 17, 2024
Sold by
Mainland Kirk William and Mainland Mary Ann
Bought by
Ogden Scott S and Ogden Loretta A
Seller's Agent
Hannah Kamba
Coldwell Banker Comm/Atlantic Int'l
Buyer's Agent
Kathryn Mcdonnell
ERA Wilder Realty Inc
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Views
146
Current Estimated Value
$949,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,506
Avg. Annual Appreciation
-4.37%

Purchase Details

Listed on
Aug 2, 2019
Closed on
Oct 22, 2019
Sold by
Mcdaniel John F
Bought by
Mainland Kirk William and Mainland Mary Ann
Seller's Agent
Tara Dickerson
Nexthome Specialists
Buyer's Agent
Kara Hicks
The Boulevard Company
List Price
$565,000
Sold Price
$525,000
Premium/Discount to List
-$40,000
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.75%
Original Mortgage
$325,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2008
Sold by
Island Pointe Llc
Bought by
Mcdaniel John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ogden Scott S $1,000,000 None Listed On Document
Mainland Kirk William $525,000 None Available
Mcdaniel John F $489,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mainland Kirk William $325,000
Previous Owner Mcdaniel John F $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2024 10/22/24 Sold $1,000,000 -9.1% $574 / Sq Ft
07/11/2024 07/11/24 For Sale $1,100,000 +109.5% $631 / Sq Ft
10/23/2019 10/23/19 Sold $525,000 -7.1% $301 / Sq Ft View Prior Sale
09/23/2019 09/23/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $565,000 -- $324 / 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 $14,188 $31,500 $0 $0
2023 $7,868 $31,500 $0 $0
2022 $7,386 $31,500 $0 $0
2021 $7,240 $31,500 $0 $0
2020 $7,147 $31,500 $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 $1,572 $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: 24017657

CHS Regional MLS

APN: 331-00-00-050