NOT LISTED FOR SALE

338 Shadow Race Ln Folly Beach, SC 29439

Estimated Value: $1,496,000 - $1,699,433

3 Beds
3 Baths
1,865 Sq Ft
$875/Sq Ft Est. Value

Last Sold January 20, 2016

Last sale price $750,000 $402 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $8,922/month

93 Days on Market

Highlights

  • Floating Dock
  • River Front
  • Traditional Architecture
  • James Island Elementary School Rated A-
  • 0.64 Acre Lot
  • Cathedral Ceiling

About This Home

As of January 2016

DEEP WATER ON FOLLY RIVER!!!!! This is a rare find. A deep water property with a floating dock. The house is just perfect for living at the beach and on the water. Enter into a huge great room which is your kitchen, living and dining. A great open floor plan with high ceilings. This large room boasts large sliding glass doors which open onto the spacious screened porch and affords you amazing views out to the Folly River. Once out on the porch you feel the privacy due to the trees on each side. Inside the house off each end of the large great room are two bedrooms.The master bedroom and bath are to the left and the guest room with its own bath is to the right along with a separate laundry room. Up the stairs is a loft with a full bath that can be used as that third bedroom, study, or den. Under the house is plenty of storage and space for 2 cars. Out on the dock you can fish, crab, swim and tie up your boat. This is a great price and a great location. All windows replaced within the last 7 to 10 years. The are also Hurricane Shutters installed as well as a Plexiglas type product on some windows for added protection. One of the few areas on the island with public sewer. The house needs some updating but well worth it with the open floor plan and deep water.

Co-Listed By

Bobby Shealy

ERA Wilder Realty License #26174

Last Buyer's Agent

Millard Smith

AgentOwned Realty Preferred Group License #26893

AgentOwned Realty Preferred Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,462

Year Built

  • Built in 1989

Lot Details

  • 0.64 Acre Lot
  • River Front

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,865 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Great Room with Fireplace
  • Combination Dining and Living Room
  • Home Office

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Floating Dock
  • Screened Patio

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Sunset Point Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,462

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1989
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.64
  • Co List Office Mls Id: 9060
  • Co List Office Phone: 843-628-3960
  • Ownership: Fee Simple
  • Subdivision Name: Sunset Point
  • Directions: Folly Road To Folly Beach And Center Street. Right Off Of Center To W Indian. Right Onto Sandbar Left Onto Michigan Which Turns Into Shadow Race. House Down On Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl, Wood
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Ceiling - Smooth, High Ceilings, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Great, Living/Dining Combo, Office
  • Window Features: Skylight(s), Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Walk-In Closet(s)

Exterior Features

  • Roof: Architectural
  • Waterfront Features: River Front, Waterfront - Deep
  • Waterfront: Yes
  • Exterior Features: Dock - Floating
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: SCE & G
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 27878.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3280900011
  • Tax Annual Amount: 2462.33

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2015
Closed on
Jan 20, 2016
Sold by
Turner Kathleen S and Turner Kathleen
Bought by
Mark P Saunders Living Trust
Buyer's Agent
Millard Smith
AgentOwned Realty Preferred Group
List Price
$750,000
Sold Price
$750,000
Total Days on Market
93
Current Estimated Value
$1,631,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$881,858
Avg. Annual Appreciation
8.66%
Original Mortgage
$417,000
Interest Rate
3.98%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Mark P Saunders Living Trust $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mark P Saunders Living Trust $371,320
Closed Saunders Mark P $387,600
Closed Mark P Saunders Living Trust $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2016 01/20/16 Sold $750,000 0.0% $402 / Sq Ft
12/21/2015 12/21/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $750,000 -- $402 / 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 $3,147 $32,980 $0 $0
2022 $3,088 $32,980 $0 $0
2021 $3,203 $32,980 $0 $0
2020 $3,311 $32,980 $0 $0
2019 $3,102 $30,000 $0 $0
2017 $2,963 $30,000 $0 $0
2016 $2,929 $33,060 $0 $0
2015 $3,074 $33,060 $0 $0
2014 $2,462 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller Co-Listing Agent in 2016

    Bobby Shealy

    ERA Wilder Realty

    (843) 442-7373

    4 in this area

    65 Total Sales

    Bobby Shealy
    Section Image

  • M

    Buyer's Agent in 2016

    Millard Smith

    AgentOwned Realty Preferred Group

    (843) 708-1022

    1 in this area

    19 Total Sales

    Millard Smith
    Section Image
See All Agents

Map

Source: CHS Regional MLS

MLS Number: 15027117

CHS Regional MLS

APN: 328-09-00-011

South Carolina Charleston County Folly Beach 29439

338 Shadow Race Ln, Folly Beach, SC

This home is located at 338 Shadow Race Ln, Folly Beach, SC 29439 since 22 October 2015 and is currently estimated at $1,631,858, approximately $874 per square foot. This property was built in 1989. 338 Shadow Race Ln 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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