NOT LISTED FOR SALE

Estimated Value: $1,063,543 - $1,555,000

3 Beds
2.5 Baths
2,329 Sq Ft
$554/Sq Ft Est. Value

Last Sold April 27, 2016

Last sale price $600,000 $258 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $8,067/month

174 Days on Market

Highlights

  • Boat Dock
  • Boat Lift
  • Deck
  • James Island Elementary School Rated A-
  • Waterfront
  • Wood Flooring

About This Home

As of April 2016

HUGE PRICE REDUCTION OF OVER $50,000 ALONG WITH A MAJOR REDUCTION IN FLOOD INSURANCE MAKES THIS BEAUTIFUL TOWN HOME AN EXCEPTIONAL VALUE!! Here is your opportunity to experience water front living at its best. Waterfront Point is home to 12 townhomes with a community floating dock, beautifully landscaped grounds and additional guest parking. It is located on Oak Island along Folly Creek just one mile from Folly Beach and 15 minutes from downtown Charleston. This townhouse has it all from its own private dock and boat lift to stunning water views from the front and back of the house. The dock has a custom built-in bench, umbrella and sink.Enjoy the wild life, sea life and views of uninhabited Long Island and the Ravenel Bridge from any of the 3 back porches (1 of which is a sundeck). Or, sit on either of your 2 front porches and watch the sun set over Folly RiThe open floor plan, double conventional/convection ovens, gas stove top, and large bar allows for great get-togethers. The forced air gas fireplace, laundry room upstairs and a very large garden tub are just some of the many features that make this town home luxurious and comfortable. The 3+ car garage, work shop and elevator closets on all three floors offers plenty of storage area. Experience beach life, water sports and the culture of Charleston from the convenience and comfort of this unique home.

Last Buyer's Agent

Lynn Barber

NV Realty Group License #2262

NV Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,684

Year Built

  • Built in 2001

Lot Details

  • 3,049 Sq Ft Lot
  • Waterfront
  • Irrigation
  • Tidal Wetland on Lot

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,329 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Window Treatments
  • Insulated Doors
  • Great Room with Fireplace
  • Formal Dining Room
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Doors

Accessible Home Design

  • Adaptable For Elevator

Outdoor Features

  • Boat Lift
  • Floating Dock
  • Shared Dock
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Stoop

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System

Community Details

Overview

  • Front Yard Maintenance
  • Waterfront Point Subdivision

Recreation

  • Boat Dock
  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,684

Year Built

Built in 2001

Lot Details

0

HOA Fees

$300 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Year Built: 2001
  • Property Sub Type: Single Family Attached
  • Lot Size Acres: 0.07
  • Ownership: Fee Simple
  • Subdivision Name: Waterfront Point
  • Directions: From Charleston: Cross The Connector And Turn Left Onto Folly Rd. Waterfront Point Is 1 Mile From Folly Beach, On The Left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Great Room, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Garden Tub/Shower, Walk-In Closet(s), Wet Bar, Ceiling Fan(s), Pantry, Separate Dining
  • Window Features: Thermal Windows/Doors, Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Multiple Closets, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Metal
  • Waterfront Features: Tidal Creek, Waterfront - Deep, Seawall
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Exterior Features: Boatlift, Dock - Existing, Dock - Floating, Dock - Shared, Elevator Shaft, Lawn Irrigation, Lighting, Stoop
  • Foundation Details: Raised, Pillar/Post/Pier
  • Other Structures: Workshop
  • Patio And Porch Features: Deck, Patio, Covered, Porch - Full Front, Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: No
  • Parking Features: 3 Car Garage, Garage Door Opener
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Laundry Room
  • Security: Security System
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Dock Facilities, Lawn Maint Incl
  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3280000382
  • Tax Annual Amount: 1683.6

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2015
Closed on
Apr 27, 2016
Sold by
Sutton Michael K and Sutton Shelly L
Bought by
Pierdon Steven B and Pierdon Sue A
Buyer's Agent
Lynn Barber
NV Realty Group
List Price
$723,900
Sold Price
$600,000
Premium/Discount to List
-$123,900
-17.12%
Current Estimated Value
$1,290,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$690,886
Avg. Annual Appreciation
7.70%
Original Mortgage
$480,000
Outstanding Balance
$389,848
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$810,276

Purchase Details

Closed on
Sep 24, 2003
Sold by
Seabrook Rhett C
Bought by
Sutton Michael K and Sutton Shelly L

Purchase Details

Closed on
Oct 6, 2000
Sold by
Waterfront Point Partners Llc
Bought by
Seabrook Rhett C
Source: Public Records

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
Pierdon Steven B $600,000 --
Sutton Michael K $440,000 --
Seabrook Rhett C $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierdon Steven B $50,000
Open Pierdon Steven B $480,000
Previous Owner Sutton Michael R $401,300
Previous Owner Sutton Michael K $412,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2016 04/27/16 Sold $600,000 -17.1% $258 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
09/18/2015 09/18/15 For Sale $723,900 -- $311 / 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 $8,960 $36,000 $0 $0
2023 $8,960 $36,000 $0 $0
2022 $8,416 $36,000 $0 $0
2021 $8,249 $36,000 $0 $0
2020 $8,144 $36,000 $0 $0
2019 $8,573 $36,000 $0 $0
2017 $8,145 $36,000 $0 $0
2016 $1,916 $19,650 $0 $0
2015 $1,994 $19,650 $0 $0
2014 $1,684 $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: 15024653

CHS Regional MLS

APN: 328-00-00-382