1624 Folly Creek Way Unit A5 Charleston, SC 29412
James Island NeighborhoodEstimated Value: $922,000 - $1,009,000
3
Beds
3
Baths
1,742
Sq Ft
$549/Sq Ft
Est. Value
Highlights
- Boat Ramp
- Two Primary Bedrooms
- Lagoon View
- James Island Elementary School Rated A-
- Gated Community
- Clubhouse
About This Home
As of April 2019** NEW PRICING** ONE OF ONLY 3 PROPERTIES FOR SALE IN THIS HIGH DEMAND COMMUNITY. MAKING THIS LISTING EVEN MORE ATTRACTIVE IS OUR CURRENT PRICING, BREATHTAKING VIEWS FROM BOTH THE FRONT OR BACK AND THE MANY UPGRADES THAT ARE FOUND WITHIN THIS GORGEOUS PROPERTY ** We're proud to present 1624 Folly Creek Way, a (3) bedroom, (3) full bath unit that has 1742 square feet and was built in 2007. Not only does this property back up to the lagoon and marsh but it also has gorgeous views of deep water from the front. As they say in the biz, it's all about the Location and this one has a big checkmark there. Within a bikes ride to the Beach or a 15 minute drive to the Cobblestone Streets found on the Historic Downtown Charleston Peninsula, it's easy to see why this is such a desirable location.What makes it even more desirable is the luxurious amenities that it offers which include but may not be limited to: Community Gate, Dock Facilities, Neighborhood Pool, Exercise Area, Club House and walking/jogging trail. Your showing experience starts off as soon as your turn off Folly Road and onto the causeway that has gorgeous marsh/water views on both sides as your make way into this island community. Passing through the gate and pulling up to the property, you will appreciate the ample parking that is provided in the attached garage and on the paved parking pad. The oversized garage door affords ample room to park your boat. As you make your onto the front porch, turn around and take in the gorgeous deep water views that can be had. Afterwards, take a breath and step inside to be greeted by a turnkey unit that has many upgrades. Upon entering, you are greeted by a modern open floor-plan that provides views of the marsh or lagoon from almost any room on the first floor. This entertainment friendly layout boasts gleaming hardwoods, recessed lighting, crown molding throughout, bronze hardware and lots of natural light. The massive kitchen has granite counters, stainless appliances that convey and lots of cabinetry. There's more than enough room in the dining area for a large dining room table but you can also utilize the breakfast bar for those days when you're on the go. Stealing the show has to be the gorgeous fireplace found in the living room. There's also outside access to the full back deck where you can kick back and relax in the shade while looking out over the marsh and lagoon. There's also a full bedroom and bath on the first floor and could be used a first floor master bedroom. As you head to the second floor, take a look at the upgraded spindles on the staircase. The attention to detail really is well done with this property. The second floor hosts "dual master suites" as they are both equipped with wall to wall carpet, a private balcony and full bath. The bedroom that overlooks the Marsh and water is the true master as its a good bit larger and has a nice walk-in closet. It also boasts a jacuzzi tub w/separate stand up shower and granite counter dual vanity! This property is truly a must see to appreciate. Whether you're an Owner Occupant or an Investor, this one needs to be on your radar. In fact, there's less than 5 properties for sale in this MLS Area (Folly Beach to Battery Island) with at least 3 bedrooms that are on the Marsh and priced at or below $500,000. Point being is opportunities like this one do not come up often. If you are looking for luxury at an affordable price, this is your opportunity to capture it. Community only allows rentals of 90 days or more but you can potentially get a pretty strong ROI from a long term program. **AGENTS MUST READ NOTES** Buyer to confirm accuracy of all information available.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,729
Year Built
- Built in 2007
Lot Details
- Interior Lot
- Level Lot
HOA Fees
- $543 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Raised Foundation
- Architectural Shingle Roof
- Cement Siding
Interior Spaces
- 1,742 Sq Ft Home
- 2-Story Property
- Smooth Ceilings
- High Ceiling
- Ceiling Fan
- Stubbed Gas Line For Fireplace
- Thermal Windows
- Window Treatments
- Insulated Doors
- Entrance Foyer
- Great Room with Fireplace
- Formal Dining Room
- Lagoon Views
- Fire Sprinkler System
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Double Master Bedroom
- Walk-In Closet
- 3 Full Bathrooms
- Garden Bath
Laundry
- Dryer
- Washer
Schools
- James Island Elementary And Middle School
- James Island Charter High School
Utilities
- Cooling Available
- Heat Pump System
Additional Features
- Adaptable For Elevator
- Screened Patio
Community Details
Overview
- Front Yard Maintenance
- Palmetto Pointe Subdivision
Recreation
- Boat Ramp
- Boat Dock
- Community Pool
- Trails
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 27, 2021
Sold by
Mursc Property Llc
Bought by
Murphy Peter Joseph and Wieters Joann
Total Days on Market
56
Current Estimated Value
Purchase Details
Listed on
Jan 28, 2019
Closed on
Apr 2, 2019
Sold by
Benvie Debora A
Bought by
Murphy Peter
Seller's Agent
Josh Brandner
Fred Holland Realty
List Price
$475,000
Sold Price
$475,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%
Purchase Details
Closed on
Dec 28, 2009
Sold by
Peays Island Llc
Bought by
Benvie Debora A
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
Similar Homes in Charleston, SC
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Murphy Peter Joseph | -- | None Listed On Document | |
| Murphy Peter | $475,000 | None Available | |
| Benvie Debora A | $410,000 | -- | |
| Peays Island Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Peays Island Llc | $14,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2019 04/25/19 | Sold | $475,000 | 0.0% | $273 / Sq Ft |
| 03/26/2019 03/26/19 | Pending | -- | -- | -- |
| 01/28/2019 01/28/19 | For Sale | $475,000 | -- | $273 / Sq Ft |
Source: CHS Regional MLS
Tax History Compared to Growth
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 | $7,140 | $28,500 | $0 | $0 |
| 2022 | $6,698 | $28,500 | $0 | $0 |
| 2021 | $6,566 | $28,500 | $0 | $0 |
| 2020 | $6,483 | $28,500 | $0 | $0 |
| 2019 | $6,027 | $25,090 | $0 | $0 |
| 2017 | $5,729 | $25,090 | $0 | $0 |
| 2016 | $5,534 | $25,090 | $0 | $0 |
| 2015 | $5,251 | $25,090 | $0 | $0 |
| 2014 | $4,765 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Josh Brandner
J
Seller's Agent in 2019
Josh Brandner
Fred Holland Realty
(279) 732-7674
7 in this area
67 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 19002596
APN: 331-00-00-049
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