NOT LISTED FOR SALE

218 E Ashley Unit A And B Folly Beach, SC 29439

Estimated Value: $1,530,000 - $1,884,000

7 Beds
4 Baths
2,880 Sq Ft
$592/Sq Ft Est. Value

Last Sold September 02, 2015

Last sale price $570,000 $198 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $10,568/month

104 Days on Market

Highlights

  • Ceiling Fan
  • James Island Elementary School Rated A-
  • No Heating

About This Home

As of September 2015

7 BDR, 4BA. 1 block to the Ocean! One of the few duplexes left on Folly. Lot extends whole block with paved driveways on both sides. The lot size is approximately 75 X143 feet. It's adorned with beautiful landscaping including fig trees, pecan trees, Palmetto and Palm trees and lush St Augustine grass. There are driveways on both sides of East Ashley Ave. and Cooper Street.The best location possible. Less than a block to Berts market, Walking distance to Center Street for festivities shopping, restaurants, post office entertainment venues, library, fishing pier, and more! There are endless possibilities with this property. Investment or home. Each has a full kitchen with gas stoves and plenty of living space.Buyer to verify any information they deem important.

Last Listed By

Franny Henty

Always Realty, LLC License #11833 Listed on: 03/24/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,933

Year Built

  • Built in 1982

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Duplex
  • Architectural Shingle Roof

Interior Spaces

  • 7 Bedrooms
  • 2,880 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dishwasher

Schools

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

Utilities

  • No Cooling
  • No Heating
  • Septic Tank
  • Private Sewer

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • 2 Units
  • Folly Beach Subdivision

Building Details

  • Gross Income $46,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,933

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1982
  • Lot Size Acres: 0.22
  • Subdivision Name: Folly Beach
  • Directions: From Central Take A Left On East Ashley . 218 East Ashley Is 1 And 1/2 Blocks On The Left
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex, Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Total Bedrooms: 7
  • Entry Location: Ground Level
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Roof: Architectural
  • Home Warranty: Yes
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Other (Use Remarks)

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Private 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: 9583.2
  • Zoning Description: Conforming
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Other

Tax Info

  • Tax Map Number: 3281400050

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 46000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2019
Sold by
Fab Folly One Llc
Bought by
Lazy Mermaid Llp
Total Days on Market
104
Current Estimated Value
$1,705,467

Purchase Details

Listed on
Mar 24, 2015
Closed on
Sep 1, 2015
Sold by
Mccormick Karen E
Bought by
Fab Folly One Llc
Seller's Agent
Franny Henty
Always Realty, LLC
Sold Price
$570,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.29%
Original Mortgage
$456,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2003
Sold by
Lasalle Bank Na
Bought by
Mccormick Karen E

Purchase Details

Closed on
Nov 25, 2002
Sold by
Rhodes Caroline Palmer
Bought by
Lasalle Bank National Assn and Certificate Holders Of Bear Stearns Asse
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lazy Mermaid Llp $800,000 None Available
Fab Folly One Llc $570,000 --
Mccormick Karen E $400,002 --
Lasalle Bank National Assn $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fab Folly One Llc $1,052,500
Previous Owner Fab Folly One Llc $456,000
Previous Owner Mccormick Karen E $179,484
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2015 09/02/15 Sold $570,000 -- $198 / 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 $11,933 $48,000 $0 $0
2022 $11,206 $48,000 $0 $0
2021 $10,983 $48,000 $0 $0
2020 $10,842 $48,000 $0 $0
2019 $8,194 $34,200 $0 $0
2017 $7,787 $34,200 $0 $0
2016 $7,523 $34,200 $0 $0
2015 $8,021 $34,200 $0 $0
2014 $6,745 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: CHS Regional MLS

MLS Number: 15007569

CHS Regional MLS

APN: 328-14-00-050