NOT LISTED FOR SALE

340 Shadow Race Ln Folly Beach, SC 29439

Estimated Value: $1,655,065 - $1,973,000

3 Beds
2.5 Baths
2,340 Sq Ft
$771/Sq Ft Est. Value

Last Sold May 23, 2016

Last sale price $880,000 $376 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $9,868/month

28 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Home Theater
  • James Island Elementary School Rated A-
  • Floating Dock
  • River Front

About This Home

As of May 2016

Welcome to this back-of-the-Island paradise! Tucked away in beautiful Sunset Point, this home features a private dock resting directly on the Folly River and TRUE DEEP WATER! The house itself has a very open layout complete with master bedroom on the main level. Living/great room features high vaulted ceilings, gas fireplace, lots of windows and doors allowing for natural light, and expansive views of the Folly River. Just off the living room through the sliding glass door lies the huge screened porch! Open kitchen with BRAND NEW GRANITE COUNTERTOPS, big center island and tons of cabinet space. Recently refinished hardwood floors throughout main level. Upstairs consists of an open walkthrough between the 2 split bedrooms, both with sweeping views of the River! A full bath is also upstairs.BRAND NEW HVAC just installed on main level. Underneath the home, you'll find ample parking, as well as an enclosed additional 240 sq. ft. bedroom and half bath (not included in sq. ft. however), a big workshop/storage area, and swinging bench over the marsh! Outdoor shower has hot and cold water for washing off after the beach! Stroll out on your personal walkway to your private deep water dock complete with full water, electricity, floating dock, pier head, and even a fish cleaning station. Enjoy the immediate river and ocean access that this prime riverfront location has to offer. Breathtaking sunsets while fishing or crabbing from your dock are a nightly experience! Sunset Point is considered the "quiet" side of Folly Beach, with less traffic and within close proximity to Center St. shops, restaurants, and night life....Also just a few blocks to the beachfront. Bring your boat and golf cart, and get ready to enjoy Island living! *Be sure to check out the Aerial Tour video and Virtual Tour located in photos*.

Last Agent to Sell the Property

Brian Kline

Carolina One Real Estate License #48820 Listed on: 03/01/2016

Carolina One Real Estate

Last Buyer's Agent

John Van De Erve

Carolina One Real Estate License #46033

Carolina One Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,593

Year Built

  • Built in 1990

Lot Details

  • 0.28 Acre Lot
  • Property fronts a marsh
  • River Front
  • Level Lot
  • Irrigation

Home Design

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

Interior Spaces

  • 2,340 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Garden Bath

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Carport

Outdoor Features

  • Floating Dock
  • Deck
  • Screened Patio
  • Front Porch

Location

  • Property is near a bus stop

Schools

  • Murray Lasaine Elementary School
  • James Island Middle School
  • James Island Charter High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Sunset Point Subdivision

Recreation

  • Boat Ramp
  • Pier or Dock
  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,593

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1990
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.28
  • Ownership: Fee Simple
  • Subdivision Name: Sunset Point
  • Directions: Folly Rd. To Folly Beach - Right On W. Indian - Right On Sandbar Lane - First Left On Michigan - Follow Until It Turns Into Shadow Race - House Around Bend On The Right
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Entrance Foyer, Great, Media, Separate Dining
  • Window Features: Thermal Windows/Doors, Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Outside Access
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Architectural
  • Lot Features: Level
  • Waterfront Features: Marshfront, River Front, Waterfront - Deep
  • Waterfront: Yes
  • Home Warranty: Yes
  • Construction Type: Cement Plank, Wood Siding
  • Exterior Features: Dock - Existing, Dock - Floating, Lawn Irrigation
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Porch - Full Front, Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Carport Spaces: 5
  • Covered Parking Spaces: 5
  • Open Parking: No
  • Parking Features: 2 Car Carport, 3 Car Carport
  • Total Parking Spaces: 5

Utilities

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

Condo/Co-op/Association

  • Community Features: Boat Ramp, Bus Line, Marina

Schools

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

Lot Info

  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3280900012

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2016
Closed on
May 23, 2016
Sold by
Bozard J Thomas and Bozard Yvonne F
Bought by
Wise Marshall Scott
Seller's Agent
Brian Kline
Carolina One Real Estate
Buyer's Agent
John Van De Erve
Carolina One Real Estate
List Price
$920,000
Sold Price
$880,000
Premium/Discount to List
-$40,000
-4.35%
Total Days on Market
28
Current Estimated Value
$1,803,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$923,016
Avg. Annual Appreciation
8.28%
Original Mortgage
$836,000
Interest Rate
3.5%
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
Wise Marshall Scott $880,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wise Marshall Scott $774,770
Closed Wise Marshall Scott $781,750
Closed Wise Marshall Scott $836,000
Previous Owner Bozard J Thomas $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2016 05/23/16 Sold $880,000 -4.3% $376 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $920,000 -- $393 / 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 $3,593 $38,000 $0 $0
2022 $3,532 $38,000 $0 $0
2021 $3,665 $38,000 $0 $0
2020 $3,789 $38,000 $0 $0
2019 $3,610 $35,200 $0 $0
2017 $3,446 $35,200 $0 $0
2016 $12,054 $55,590 $0 $0
2015 $11,469 $55,590 $0 $0
2014 $9,626 $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: 16005187

CHS Regional MLS

APN: 328-09-00-012