NOT LISTED FOR SALE

1703 W Ashley Ave Folly Beach, SC 29439

Estimated Value: $1,350,000 - $1,580,000

2 Beds
2 Baths
1,360 Sq Ft
$1,090/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $800,000 $588 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $8,906/month

351 Days on Market

Highlights

  • Beach Front
  • Deck
  • Cathedral Ceiling
  • James Island Elementary School Rated A-
  • Contemporary Architecture
  • Cooling Available

About This Home

As of August 2019

Excellent rental income! This year's bookings are $80,000 and counting. Possibly best rental income producer for the money. In addition, this lot is not affected by the new 40' setback from the renourishment line rule because it is more than 40' from the rear lot line. See survey. Fantastic oceanfront home has two bedrooms, each with its own private oceanfront balcony. Newer oceanside deck, High skylights brighten the kitchen and exposed wood beams in the living room add to the charm and cozy feel. The furniture is included. The lot in front of this home has been donated to a conservancy with a 10' access easement to the ocean. $88K gross rental income in 2017. $67,500 in 2018 (renourishment), almost 80,000 in bookings so far in 2019, projected total willbe over $90,000.

Last Agent to Sell the Property

Ulf Hartwig

Carolina One Real Estate Folly Beach License #13006 Listed on: 08/01/2018

Carolina One Real Estate Folly Beach

Last Buyer's Agent

Lajuan Kennedy

Fred Holland Realty License #16189

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,873

Year Built

  • Built in 1978

Lot Details

  • 8,276 Sq Ft Lot
  • Beach Front

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Family Room
  • Combination Dining and Living Room
  • Laminate Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • Folly Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,873

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Contemporary
  • Year Built: 1978
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.19
  • Subdivision Name: Folly Beach
  • Directions: Center Street Turn Left At The Light Onto E Ashley Ave. Home Is On The Left 17 Blocks Down
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Ceiling - Smooth, Ceiling Fan(s), Family, Living/Dining Combo
  • Window Features: Window Treatments
  • Master Bedroom Features: Ceiling Fan(s)

Exterior Features

  • Roof: Asphalt
  • Lot Features: 0 - .5 Acre
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Foundation Details: Raised
  • Patio And Porch Features: Deck
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: SCE & G
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4391600049

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2021
Sold by
Yarborough Edward H
Bought by
Yarborough Edward H and Yarborough Edward H
Current Estimated Value
$1,452,981

Purchase Details

Listed on
Aug 1, 2018
Closed on
Aug 14, 2019
Sold by
Tyson Joseph M and Tyson Carol R
Bought by
Yarborough Edward H
Seller's Agent
Ulf Hartwig
Carolina One Real Estate Folly Beach
Buyer's Agent
Lajuan Kennedy
Fred Holland Realty
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%

Purchase Details

Closed on
May 21, 2009
Sold by
Buxton Thomas and Hall Dana
Bought by
Tyson Joseph M and Tyson Carol R

Purchase Details

Closed on
Aug 26, 2008
Sold by
Hall Cliff
Bought by
Hall Dana

Purchase Details

Closed on
Apr 14, 2008
Sold by
Bh Enterprises Llc
Bought by
Hall Cliff and Buxton Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2007
Sold by
Piccillo Beverly and Wisniewski Carol
Bought by
Bh Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2003
Sold by
Piccillo Beverly and Wisniewski Carol
Bought by
Piccillo Beverly and Wisniewski Carol

Purchase Details

Closed on
Nov 8, 2002
Sold by
Clamp Patricia S and Clamp Pennell M
Bought by
Piccillo Beverly and Wisniewski Carol
Source: Public Records

Range of Values:

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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
Yarborough Edward H -- None Available
Yarborough Edward H $800,000 None Available
Tyson Joseph M $550,000 --
Hall Dana -- --
Hall Cliff $535,000 --
Bh Enterprises Llc $425,000 Attorney
Piccillo Beverly -- --
Piccillo Beverly $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hall Cliff $331,000
Previous Owner Bh Enterprises Llc $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $800,000 0.0% $588 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
08/01/2018 08/01/18 For Sale $800,000 -- $588 / 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 $11,873 $48,000 $0 $0
2023 $11,873 $48,000 $0 $0
2022 $11,165 $48,000 $0 $0
2021 $10,942 $48,000 $0 $0
2020 $10,801 $48,000 $0 $0
2019 $12,635 $53,400 $0 $0
2017 $11,999 $53,400 $0 $0
2016 $11,586 $53,400 $0 $0
2015 $11,022 $53,400 $0 $0
2014 $9,500 $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: 18021560

CHS Regional MLS

APN: 439-16-00-049