NOT LISTED FOR SALE

306 W Indian Ave Folly Beach, SC 29439

Estimated Value: $1,564,000 - $1,667,000

4 Beds
3.5 Baths
2,888 Sq Ft
$566/Sq Ft Est. Value

Last Sold May 18, 2016

Last sale price $725,000 $251 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $9,107/month

350 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Deck
  • James Island Elementary School Rated A-
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of May 2016

**HUGE PRICE REDUCTION** Welcome to Folly Beach living at its best! Newer constructed Cape, situated on a TIDAL marsh, just three streets from the beach and all Folly attractions to include restaurants, night life, and shopping. Located on the highly desirable West side of the island, this luxurious retreat welcomes you the moment you enter the front door with breathtaking marsh views from all angles. With an open floor plan, this is a great home for entertaining indoors and out. The gracious foyer directs you into the spacious family room which connects to the dining room and the kitchen. The kitchen has a gas cooktop/oven, granite countertops and stainless steel appliances with soft close drawers. Enter onto the back deck, spanning the entire length of the house-half screened/half openwhich is a perfect place for family gatherings, or where you can enjoy BREATHTAKING SUNSETS in this private oasis. The open end of the deck has a gas line run for the grill. The HUGE, private side yard has plenty of room for a pool or jacuzzi!! Irrigation is on a separate meter. The house backs up to the marsh, so there is no house behind you and no house to the right of the property! The master bedroom is a true master suite, with a private hallway, and soundproof walls. The master suite also has its own entrance to the back deck, a huge walk-in closet, separate shower and bath tub, and double vanities. Completing the first floor are the half bath and a large laundry room.
Upon entering the second floor, you are greeted into a sitting area/upstairs den that offers room for a sleeper sofa for extra sleeping room. Three spacious bedrooms and two full bathrooms complete the second floor. Bedroom 2 with its own bathroom, while bedroom 3 connects to bedroom 4 through the Jack and Jill bath. All 3 upstairs bedrooms have views of the marsh to the rear of the property.
With Center St and/or the beach just 3 blocks away (the beach is a straight shot down 3rd Ave), you are walking distance to all that Folly has to offer. 3rd block is the only beach access on the west side of the island that has bathrooms. Some prefer a golf cart to whisk them to their destination(s). Enjoy fishing off the Folly Beach Pier, book a kayaking tour, play volleyball, take some surfing lessons, enjoy a beverage at the oceanfront tiki bar, dine at one of the many restaurants within walking distance, relax and take in Charleston's most breathtaking sunset view at the Sunset Cay Marina, or just enjoy quiet walks up and down the beach.

Last Agent to Sell the Property

Joshua Walden

EXP Realty LLC License #79270 Listed on: 04/22/2015

EXP Realty LLC

Last Buyer's Agent

Karla Leahy

Engel & Volkers Charleston License #51661

Engel & Volkers Charleston

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,780

Year Built

  • Built in 2012

Lot Details

  • 0.33 Acre Lot
  • Property fronts a marsh
  • Partially Fenced Property
  • Irrigation
  • Tidal Wetland on Lot

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Raised Foundation
  • Architectural Shingle Roof
  • Cement Siding

Interior Spaces

  • 2,888 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Insulated Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Exterior Basement Entry

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Deck
  • Screened Patio
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Tankless Water Heater

Community Details

Overview

  • Sunset Point Subdivision

Recreation

  • Boat Ramp
  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,780

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cape Cod
  • Year Built: 2012
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.33
  • Ownership: Fee Simple
  • Subdivision Name: Sunset Point
  • Directions: Toward Folly Beach, Take First Right After The Last Bridge Onto W Indian Ave. House Is On The Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Tankless Water Heater
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Elevator, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Entrance Foyer, Living/Dining Combo, Pantry
  • Window Features: Thermal Windows/Doors
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Outside Access, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Architectural
  • Fencing: Partial
  • Waterfront Features: Marshfront, Tidal Creek
  • Waterfront: Yes
  • Construction Type: Cement Plank
  • Exterior Features: Lawn Irrigation
  • Foundation Details: Raised
  • Patio And Porch Features: Deck, Patio, Front Porch, Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage, Off Street, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, James IS PSD, SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Marina

Schools

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

Lot Info

  • Lot Size Sq Ft: 14374.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3280900034
  • Tax Annual Amount: 7780

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2025
Sold by
Sumner Philip Lee and Sumner Phillip Lee
Bought by
Philip Sumner Trust and Sumner
Current Estimated Value
$1,635,978

Purchase Details

Listed on
Apr 22, 2015
Closed on
May 9, 2016
Sold by
Unsworth Stephen A and Unsworth Shona M
Bought by
Sumner Phillip Lee
Seller's Agent
Joshua Walden
EXP Realty LLC
Buyer's Agent
Karla Leahy
Engel & Volkers Charleston
List Price
$725,000
Sold Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Original Mortgage
$580,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 1, 2011
Sold by
Dunn Sandra B
Bought by
Unsworth Stephen A and Unsworth Shona M
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
Philip Sumner Trust -- None Listed On Document
Philip Sumner Trust -- None Listed On Document
Sumner Phillip Lee $725,000 --
Unsworth Stephen A $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sumner Philip Lee $250,000
Previous Owner Sumner Phillip Lee $580,000
Previous Owner Unsworth Stephen A $382,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2016 05/18/16 Sold $725,000 0.0% $251 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
04/22/2015 04/22/15 For Sale $725,000 -- $251 / 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 $3,149 $33,000 $0 $0
2023 $3,149 $29,600 $0 $0
2022 $2,789 $29,600 $0 $0
2021 $2,893 $29,600 $0 $0
2020 $10,004 $29,600 $0 $0
2019 $10,324 $29,000 $0 $0
2017 $2,869 $29,000 $0 $0
2016 $2,480 $26,000 $0 $0
2015 $8,086 $39,000 $0 $0
2014 $7,780 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: CHS Regional MLS

MLS Number: 15010409

CHS Regional MLS

APN: 328-09-00-034