$735,000
SOLD AUG 24, 2020

311 Shadow Race Ln Folly Beach, SC 29439

3 Beds
2.5 Baths
2,177 Sq Ft
0.32 Acres

Recently Sold

$338 Per Sq Ft

11% Below List Price

39 Days on Market

Highlights

  • Wooded Lot
  • Marble Flooring
  • Great Room with Fireplace
  • James Island Elementary School Rated A-
  • Traditional Architecture
  • Formal Dining Room

About This Home

As of August 2021

Welcome to 311 Shadow Race Lane on one of South Carolina's most unique sea islands! Located on one of the most secluded streets in Sunset Point yet in close proximity to EVERYTHING! 5 minute walk using a nearby trail to the beach or take a bicycle ride beneath live-oak sheltered streets for dinner, drinks and live local music. There's a quiet park with pergola benches virtually across the street on the marsh that is great for bird-watching or reading a book!This property has been well maintained as a primary residence, but would make an excellent short-term rental.Open concept on main lever with a propane fireplace in the great room. Spacious master bedroom with plenty of closet space and access to the outside deck. Hallway gives access to 2 large closetMain level has an open concept with a propane fireplace in the great room.
Murphy bed in the "office" makes for any conversion to a 4th bedroom and includes a half-bath. Walk from this room right out to the screened-in back deck. The rear deck is large and has both screened-in lounging and open grilling areas, and is surrounded by palm trees, perfect for a quiet evening of BBQ.
Astounding, sunset views from the western facing front porches. (Ask any local about the sunsets on Folly)
Home is elevated and has plenty of space below for parking or entertaining. Large tool and storage area to boot. Awesome outside shower to rinse off the salt-water and sand! Large lot with a variety of palmetto trees surrounding.

Flood - $1,391.78 HOI : $3,449.20(includes hurricane)- Listing Agent assumes no responsibility for correctness thereof, nor warrants the accuracy of the information or the condition of the property. Buyer and or Buyer's agent to confirm all information deemed important including but not limited to schools and square footage.

Updates: 2018- new water heater and upstairs AC system. 2019- New roof on back porch. New flooring on the 2nd level.

A $2500 Lender Credit is available and will be applied towards the buyer's closing costs and pre-paids if the buyer chooses to use the seller's preferred lender. This credit is in addition to any negotiated seller concessions.

If you have any questions please call me and I'll be happy to answer them!

Last Agent to Sell the Property

Jeremy Cockrell

RE/MAX Action Realty License #77327 Listed on: 06/19/2020

RE/MAX Action Realty

Last Buyer's Agent

Nathan Naylor

Carolina One Real Estate License #96476

Carolina One Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,809

Year Built

  • Built in 2000

Lot Details

  • 0.32 Acre Lot
  • Cul-De-Sac
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,177 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Stubbed Gas Line For Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Utility Room with Study Area
  • Exterior Basement Entry
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Screened Patio
  • Separate Outdoor Workshop
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

Overview

  • Sunset Point Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,809

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2000
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.32
  • Subdivision Name: Sunset Point
  • Directions: From Folly Rd, Right On W. Indian Ave, Right Onto Sandbar Lane, Left Onto Michigan, Right Onto Shadow Race Lane. House Is On The Left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Connection, Great Room
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Marble, Wood
  • Interior Amenities: Ceiling - Smooth, Ceiling Fan(s), Great, Separate Dining, Study
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Multiple Closets, Outside Access
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Lot Features: Cul-De-Sac, Wooded
  • Construction Type: Vinyl Siding
  • Foundation Details: Raised, Pillar/Post/Pier
  • Other Structures: Workshop
  • Patio And Porch Features: Front Porch, Porch - Full Front, Screened, Wrap Around
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Other (Use Remarks)

Utilities

  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trash, Walk/Jog Trails

Schools

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

Lot Info

  • Lot Size Sq Ft: 13939.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3280900026
  • Tax Annual Amount: 2808.9

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Aug 13, 2021
Sold by
Vaughan Robert D
Bought by
Shilo Inn Tillamook Llc
Seller's Agent
Lynn Burnett
Compass Carolinas, LLC
Buyer's Agent
Saralouise 'SL' Saad
IOP Residential Real Estate
List Price
$1,300,000
Sold Price
$1,300,000
Total Days on Market
39
Current Estimated Value
$1,881,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,790
Avg. Annual Appreciation
10.22%

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 22, 2021
Sold by
Porter Nathan J
Bought by
Vaughan Robert D
Seller's Agent
Nathan Naylor
Carolina One Real Estate
Buyer's Agent
Lynn Burnett
Compass Carolinas, LLC
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2020
Closed on
Aug 20, 2020
Sold by
Mcdonnell Sara and Mcdonnell John R
Bought by
Porter Nathan J and Porter Heather V
Seller's Agent
Jeremy Cockrell
RE/MAX Action Realty
Buyer's Agent
Nathan Naylor
Carolina One Real Estate
List Price
$829,000
Sold Price
$735,000
Premium/Discount to List
-$94,000
-11.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.61%
Original Mortgage
$510,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2017
Closed on
Mar 22, 2017
Sold by
Conrad Zachary and Conrad Taylor
Bought by
Mcdonnell Sara and Mcdonnell John R
Seller's Agent
Kelly Esquibel
The Boulevard Company
Buyer's Agent
Gettys Glaze
AgentOwned Realty Charleston Group
List Price
$675,000
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.51%
Original Mortgage
$149,650
Interest Rate
4.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 21, 2014
Sold by
Moore Evander W and Moore Lisbeth L
Bought by
Conrad Zachary and Conrad Taylor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2002
Sold by
Zorica Daniel F and Lane Zorica Cindy
Bought by
Moore Evander W and Moore Lisbeth L
Source: Public Records

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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 Type Sale Price Title Company
Deed $1,300,000 None Listed On Document
Deed $1,300,000 None Listed On Document
Warranty Deed $1,250,000 None Listed On Document
Deed $735,000 None Available
Deed $675,000 None Available
Deed $465,000 --
Deed $320,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 New Conventional
Previous Owner $219,000 Stand Alone Second
Previous Owner $510,400 New Conventional
Previous Owner $149,650 Credit Line Revolving
Previous Owner $424,100 New Conventional
Previous Owner $35,000 Credit Line Revolving
Previous Owner $396,000 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $475,000 Unknown
Closed $0 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $1,300,000 0.0% $597 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $1,300,000 +4.0% $597 / Sq Ft
06/22/2021 06/22/21 Sold $1,250,000 0.0% $574 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $1,250,000 +70.1% $574 / Sq Ft
08/24/2020 08/24/20 Sold $735,000 -11.3% $338 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $829,000 +22.8% $381 / Sq Ft
03/22/2017 03/22/17 Sold $675,000 0.0% $310 / Sq Ft
02/20/2017 02/20/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $675,000 -- $310 / 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 $19,155 $78,000 $0 $0
2022 $18,036 $78,000 $0 $0
2021 $2,874 $29,400 $0 $0
2020 $2,741 $27,000 $0 $0
2019 $2,809 $27,000 $0 $0
2017 $1,902 $18,600 $0 $0
2016 $1,823 $18,600 $0 $0
2015 $5,823 $27,900 $0 $0
2014 $5,756 $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: 20016741

CHS Regional MLS

APN: 328-09-00-026