NOT LISTED FOR SALE

218 E Ashley Folly Beach, SC 29439

Estimated Value: $1,497,000 - $2,401,000

7 Beds
4 Baths
2,880 Sq Ft
$605/Sq Ft Est. Value

Last Sold September 02, 2015

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

Est. 206% increase in value since last sale

Current estimated payment $10,256/month

162 Days on Market

Highlights

  • Traditional Architecture
  • James Island Elementary School Rated A-
  • No Heating

About This Home

As of September 2015

DUPLEX...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. A new roof was installed in October 2012 and a new septic drain field was installed Spring of 2014. Buyer to verify schools, square footage and anything buyer deems important. Recent HVAC. A home warranty is provided with the right offer.
The upstairs rents for $2100 per month and the downstairs rents for $1650 . That's $45,000.00 gross rent.

Last Agent to Sell the Property

Franny Henty

Always Realty, LLC License #11833 Listed on: 01/26/2015

Last Buyer's Agent

Jack Gumb

The Exchange Company, LLC License #59641

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1982

Lot Details

  • 9,583

Home Design

  • 2,880 Sq Ft Home
  • Traditional Architecture

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Schools

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

Utilities

  • No Cooling
  • No Heating
  • Private Water Source
  • Septic Tank

Community Details

  • Folly Beach Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1982

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1982
  • Property Sub Type: Single Family Detached
  • Ownership: Fee Simple
  • Subdivision Name: Folly Beach
  • Directions: Central To E.ashley Left On E Ashley. Approximately 1 And A Half Blocks On The Left
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Entry Location: Ground Level
  • Fireplace: No

Exterior Features

  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Septic Tank
  • Water Source: Private

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

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
Current Estimated Value
$1,741,800

Purchase Details

Listed on
Jan 26, 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
Buyer's Agent
Jack Gumb
The Exchange Company, LLC
List Price
$570,000
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
11.17%
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:

--
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
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 $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2015 09/02/15 Sold $570,000 0.0% $198 / Sq Ft
08/03/2015 08/03/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $570,000 -- $198 / Sq Ft
Source: CHS Regional MLS

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 $13,131 $48,000 $0 $0
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

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Map

Source: CHS Regional MLS

MLS Number: 15002062

CHS Regional MLS

APN: 328-14-00-050

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