NOT LISTED FOR SALE

318 W Indian Ave Folly Beach, SC 29439

Estimated Value: $1,157,000 - $1,238,000

4 Beds
2 Baths
1,748 Sq Ft
$690/Sq Ft Est. Value

Last Sold December 09, 2015

Last sale price $495,000 $283 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $7,356/month

69 Days on Market

Highlights

  • Boat Ramp
  • Cape Cod Architecture
  • Separate Outdoor Workshop
  • James Island Elementary School Rated A-
  • Bonus Room
  • Cul-De-Sac

About This Home

As of December 2015

Folly Beach Elevated Home on the desired quiet Tropical Paradise West Side of the Island. THIS IS THE LOWEST PRICED PER SQUARE FOOT SINGLE FAMILY HOME ON THE BEACH! Recently renovated,inside and out,this home is on a gorgeous lot backing up to the Marsh. ONLY 3 BLOCKS TO THE OCEAN!There is loads of privacy and multiple possibilties to creating a personal 2ND home supplemented by rentals or a full- time residence. 4 separate decks and porches make this a comfortable home for entertaining too!All new interiors on both levels. If you want quiet peaceful Island living just 3 blocks from the bustling CENTER STEET restaurant scene, this is it. Downstairs contains large finished rooms with 10 foot celings and beautiful views, well-suited for a home office, gym, or art studio!

Last Agent to Sell the Property

Ellen Leigh Murray

Charleston Premier Properties License #21156 Listed on: 09/22/2015

Last Buyer's Agent

John Byram

Fred Holland Realty License #69904

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,261

Year Built

  • Built in 1994

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 70x140x74x159
  • Property fronts a marsh
  • Cul-De-Sac

Home Design

  • Cape Cod Architecture
  • Pillar, Post or Pier Foundation
  • Asphalt Roof
  • Cement Siding

Interior Spaces

  • 1,748 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Bonus Room
  • Ceramic Tile Flooring
  • Exterior Basement Entry
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Separate Outdoor Workshop

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

Recreation

  • Boat Ramp
  • Park

Additional Features

  • Sunset Point Subdivision
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,261

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cape Cod
  • Year Built: 1994
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.3
  • Lot Size: 70x140x74x159
  • Ownership: Fee Simple
  • Subdivision Name: Sunset Point
  • Directions: Take The First Right, W.indian Avenue Off Center Street After Coming Onto Folly Beach. House Is 3 Blocks Down On The Right
  • Unit Levels: One, One and One Half
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 3
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer/Dryer Stacked
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Bonus
  • Master Bedroom Features: Ceiling Fan(s), Outside Access

Exterior Features

  • Roof: Asphalt
  • Lot Features: Cul-De-Sac
  • Waterfront Features: Marshfront
  • Waterfront: Yes
  • Construction Type: Cement Plank
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Workshop
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling: Central Air
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Park, Storage

Schools

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

Lot Info

  • Lot Size Sq Ft: 13068
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3280900040
  • Tax Annual Amount: 6260.6

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2015
Closed on
Dec 9, 2015
Sold by
Murray Ellen Leigh
Bought by
Gifford Michael and Gifford Christina
Seller's Agent
Ellen Leigh Murray
Charleston Premier Properties
Buyer's Agent
John Byram
Fred Holland Realty
List Price
$519,000
Sold Price
$495,000
Premium/Discount to List
-$24,000
-4.62%
Current Estimated Value
$1,205,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$710,286
Avg. Annual Appreciation
9.46%

Purchase Details

Listed on
Nov 29, 2013
Closed on
Feb 12, 2015
Sold by
Bolt Thomas R
Bought by
Murray Ellen Leigh
Seller's Agent
Matthew Poole
Carolina One Real Estate
Buyer's Agent
Ellen Leigh Murray
Charleston Premier Properties
List Price
$550,000
Sold Price
$412,500
Premium/Discount to List
-$137,500
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.90%

Purchase Details

Closed on
Jun 27, 2008
Sold by
Mckee Ted H and August Wadene S
Bought by
Bolt Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,200
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2006
Sold by
Mckee Ted H
Bought by
Mckee Sandra Wadene
Source: Public Records

Range of Values:

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Average Value
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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
Gifford Michael $495,000 --
Murray Ellen Leigh $412,500 --
Bolt Thomas R $516,500 --
Mckee Sandra Wadene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bolt Thomas R $348,500
Previous Owner Bolt Thomas R $413,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2015 12/09/15 Sold $495,000 -4.6% $283 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
09/22/2015 09/22/15 For Sale $519,000 +25.8% $297 / Sq Ft
02/12/2015 02/12/15 Sold $412,500 -25.0% $236 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
11/29/2013 11/29/13 For Sale $550,000 -- $315 / 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 $8,383 $33,620 $0 $0
2023 $8,383 $33,620 $0 $0
2022 $7,871 $33,620 $0 $0
2021 $7,715 $33,620 $0 $0
2020 $7,617 $33,620 $0 $0
2019 $7,103 $29,700 $0 $0
2017 $6,750 $29,700 $0 $0
2016 $6,520 $29,700 $0 $0
2015 $5,334 $25,500 $0 $0
2014 $6,261 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Ellen Leigh Murray

    Charleston Premier Properties

  • Matthew Poole

    Seller's Agent in 2015

    Matthew Poole

    Carolina One Real Estate

    (843) 830-0027

    6 in this area

    220 Total Sales

    Section Image
  • Randall Sandin

    Seller Co-Listing Agent in 2015

    Randall Sandin

    Carolina One Real Estate

    (843) 209-9667

    8 in this area

    186 Total Sales

    Section Image

  • J

    Buyer's Agent in 2015

    John Byram

    Fred Holland Realty

    (843) 588-2325

    2 in this area

    8 Total Sales

    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 15024890

CHS Regional MLS

APN: 328-09-00-040

South Carolina Charleston County Folly Beach 29439

318 W Indian Ave, Folly Beach, SC

This home is located at 318 W Indian Ave, Folly Beach, SC 29439 since 22 September 2015 and is currently estimated at $1,205,286, approximately $689 per square foot. This property was built in 1994. 318 W Indian Ave is a home located in Charleston County with nearby schools including James Island Elementary School and Camp Road Middle.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

CHS Regional MLS The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2025 Charleston Trident MLS. All Rights Reserved

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