NOT LISTED FOR SALE

347 Shadow Race Ln Folly Beach, SC 29439

Estimated Value: $1,423,739 - $1,564,000

3 Beds
2.5 Baths
1,960 Sq Ft
$752/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $785,000 $401 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $8,528/month

25 Days on Market

Highlights

  • Traditional Architecture
  • Cathedral Ceiling
  • Balcony
  • James Island Elementary School Rated A-
  • Wood Flooring
  • Thermal Windows

About This Home

As of July 2020

Get Ready to Enjoy Island Living! Very private, elevated home resting on a cul-de-sac with no neighbors on either side or back. Fantastic salt marsh views in every direction and river views across the street!Built in 2002 by CDI Homes featuring an inverted floor plan with 3 bedrooms, 2 baths downstairs and living areas, living room, office, kitchen and dining room upstairs. Lots of natural light flows through the many windows. Beautiful hardwood floors throughout with tile in bathrooms. Spacious kitchen remodeled in 2016 featuring stainless appliances, custom cabinetry with honed granite and a bar made from old barn wood. Off the living room enjoy the new Trex screened porch and deck looking out over the marsh. Also features a 2+ car garage with room for your golf cart or small boat andand an outdoor shower.
New roof, heating and air systems, hot water heater and exterior painted in 2018.
On the west side of the island, Sunset Point is considered the quiet side of Folly Beach.
Walk to Center Street's shops, restaurants and night life. Only a few blocks to the beachfront!
With an acceptable offer, most furniture will convey except rice bedroom set, art and items of sentimental value.

Last Agent to Sell the Property

Behren Kittrell

Charleston Flat Fee Real Estate License #67716 Listed on: 05/19/2020

Last Buyer's Agent

Emily Chubb

The Boulevard Company License #102106

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,783

Year Built

  • Built in 2002

Lot Details

  • 10,454 Sq Ft Lot
  • Property fronts a marsh
  • Cul-De-Sac
  • Irrigation

Parking

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

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,960 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Insulated Doors
  • Entrance Foyer
  • Family Room
  • Utility Room with Study Area
  • Laundry Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Balcony
  • Screened Patio
  • Stoop

Schools

  • James Island Elementary School
  • Camp Road Middle School
  • James Island Charter High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Sunset Point Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,783

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2002
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.24
  • 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 - It Turns Into Shadow Race - House Is On The Left
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two, Multi-Story
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Ceiling - Smooth, High Ceilings, Garden Tub/Shower, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Family, Entrance Foyer, Pantry, Study
  • Window Features: Thermal Windows/Doors
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Asphalt
  • Lot Features: Cul-De-Sac
  • Waterfront Features: Marshfront
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Exterior Features: Balcony, Lawn Irrigation, Stoop
  • Foundation Details: Raised
  • Patio And Porch Features: Patio, 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, Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3280900089
  • Tax Annual Amount: 1783.05

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Jul 30, 2020
Sold by
Boenitz Donald E and Boenitz Cynthia S
Bought by
Gilpin Lewis Bailey and The Lewis Bailey Gilpin Revoca
Seller's Agent
Behren Kittrell
Charleston Flat Fee Real Estate
Buyer's Agent
Emily Chubb
The Boulevard Company
List Price
$785,000
Sold Price
$785,000
Current Estimated Value
$1,519,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$734,034
Avg. Annual Appreciation
13.26%
Original Mortgage
$500,000
Outstanding Balance
$356,807
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,117,128

Purchase Details

Listed on
Jul 14, 2014
Closed on
Jan 20, 2015
Sold by
Musumeci James B and Musumeci Susan J
Bought by
Boenitz Donald E and Boenitz Cynthia S
Seller's Agent
Brian Kline
Carolina One Real Estate
Buyer's Agent
John Byram
Fred Holland Realty
List Price
$515,000
Sold Price
$462,500
Premium/Discount to List
-$52,500
-10.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%

Purchase Details

Closed on
Nov 4, 2011
Sold by
Vanvliet Anne Frans Juliet
Bought by
Musumeci Susan J and Musumeci James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2002
Sold by
Contractor Design Inc
Bought by
Vanvliet Anne Frans Juliet
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
Gilpin Lewis Bailey $785,000 None Available
Boenitz Donald E $462,500 --
Musumeci Susan J $412,500 --
Vanvliet Anne Frans Juliet $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilpin Lewis Bailey $500,000
Previous Owner Musumeci Susan J $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $785,000 0.0% $401 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $785,000 +69.7% $401 / Sq Ft
01/20/2015 01/20/15 Sold $462,500 -10.2% $217 / Sq Ft
11/20/2014 11/20/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $515,000 -- $242 / 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 $3,007 $31,400 $0 $0
2023 $3,007 $47,100 $0 $0
2022 $10,958 $47,100 $0 $0
2021 $10,740 $47,100 $0 $0
2020 $2,005 $19,270 $0 $0
2019 $1,783 $16,500 $0 $0
2017 $1,892 $18,500 $0 $0
2016 $6,103 $18,500 $0 $0
2015 $1,930 $18,970 $0 $0
2014 $1,570 $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: 20013486

CHS Regional MLS

APN: 328-09-00-089