NOT LISTED FOR SALE

1643 Folly Creek Way Unit E9 Charleston, SC 29412

James Island Neighborhood

Estimated Value: $897,000 - $1,094,000

3 Beds
3 Baths
1,738 Sq Ft
$584/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $653,000 $376 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $7,026/month

71 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Gated Community
  • James Island Elementary School Rated A-
  • River Front
  • Clubhouse

About This Home

As of October 2020

The only condo on the market in highly desirable Palmetto Pointe at Peas Island! From the moment you drive in to Palmetto Pointe, you feel like you have found a little piece of heaven with marsh views to your left, water views to your right, a walking path, 3 docks, a clubhouse with a pool and a fitness center, a crabbing dock, and it is so quiet and peaceful. 1643 Folly Creek Way is just that as well... A little piece of heaven. From the elevated construction to the numerous porches, it is a show stopper! The moment you walk in, you will feel relaxed. Light filled with views that never get old. Upon entering you are greeted by an open living, dining, and kitchen with custom moldings, a gas fireplace, and stunning hardwoods. The kitchen has beautiful granite countertops and white cabinetsand is in pristine condition. Downstairs there is a full bath and sizable bedroom with access to the front porch. Now for one of the best parts of the main floor, the screen porch overlooking the river. The views are amazing, and it is the most peaceful setting! Relax and unwind with your morning coffee, afternoon tea, or a glass of wine. It is sure to please anytime of the day. Upstairs you will find a spacious master with an en-suite with a soaking tub, dual sinks, stand up shower, and walk-in closet. Off of the master step onto a private patio with breathtaking views. Imagine waking up and stepping outside to breathe in the salt air and soak in the river views! Heavenly! Additionally, there is a third bedroom with an attached bath and a laundry room upstairs. This condo is truly one of a kind and one that you don't want to miss!!

Last Agent to Sell the Property

Sarah Ellen Lacke

Akers Ellis Real Estate LLC License #81895 Listed on: 06/10/2020

Last Buyer's Agent

John Fragola

Coldwell Banker Realty License #99740

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,059

Year Built

  • Built in 2007

Lot Details

  • River Front
  • Tidal Wetland on Lot

HOA Fees

  • $543 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,738 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • 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

Outdoor Features

  • Shared Dock
  • Deck
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

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

$2,059

Year Built

Built in 2007

Lot Details

0

HOA Fees

$543 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 2007
  • Property Sub Type: Single Family Attached
  • Subdivision Name: Palmetto Pointe
  • Directions: Folly Rd Towards Folly Beach. Palmetto Pointe Villas Are On The Left (peas Island) Across The Street From Bowens Island
  • 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: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • 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, Walk-In Closet(s), Family, Pantry, Separate Dining
  • Master Bedroom Features: Walk-In Closet(s)

Exterior Features

  • Roof: Architectural
  • Waterfront Features: River Front, Tidal Creek, Waterfront - Deep, Waterfront - Shallow
  • Waterfront: Yes
  • Construction Type: Cement Plank
  • Exterior Features: Dock - Shared
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Front Porch
  • Property Condition: Pre-Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage, Attached
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Dominion Energy, James IS PSD
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Central TV Antenna, Clubhouse, Dock Facilities, Fitness Center, Gated, Pool, Trash, Walk/Jog Trails
  • Association Fee: 543
  • 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: 3310000085
  • Tax Annual Amount: 2058.57

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2023
Sold by
Strittmater Terry and Strittmater Susan
Bought by
Terry T Strittmater And Susan K Strittmater L and Strittmater
Total Days on Market
71
Current Estimated Value
$1,015,294

Purchase Details

Listed on
Jun 10, 2020
Closed on
Sep 28, 2020
Sold by
Nichols Ruth Ellen
Bought by
Strittmater Terry and Strittmater Susan
Seller's Agent
Sarah Ellen Lacke
Akers Ellis Real Estate LLC
Buyer's Agent
John Fragola
Coldwell Banker Realty
List Price
$679,000
Sold Price
$653,000
Premium/Discount to List
-$26,000
-3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%
Original Mortgage
$350,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2017
Sold by
Nichols Mark
Bought by
Nichols Ruth Ellen and Ruth Ellen Nichols Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2015
Sold by
Nichols Ruth E
Bought by
Nichols Ruth Ellen and Ruth Ellen Nichols Revocable Trust

Purchase Details

Closed on
Sep 17, 2008
Sold by
Island Pointe Llc
Bought by
Nichols Mark and Nichols Ruth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,700
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Buyer Sale Price Title Company
Terry T Strittmater And Susan K Strittmater L -- None Listed On Document
Strittmater Terry $653,000 None Available
Nichols Ruth Ellen -- None Available
Nichols Ruth Ellen -- --
Nichols Mark $624,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strittmater Terry $350,000
Previous Owner Nichols Ruth Ellen $500,000
Previous Owner Nichols Mark $624,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $653,000 -3.8% $376 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $679,000 -- $391 / 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 $9,732 $39,180 $0 $0
2022 $9,145 $39,180 $0 $0
2021 $8,963 $39,180 $0 $0
2020 $2,286 $22,220 $0 $0
2019 $2,059 $19,320 $0 $0
2017 $1,969 $19,320 $0 $0
2016 $6,366 $28,980 $0 $0
2015 $6,044 $28,980 $0 $0
2014 $1,597 $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: 20015806

CHS Regional MLS

APN: 331-00-00-085