NOT LISTED FOR SALE

4 Red Sunset Ln Folly Beach, SC 29439

Estimated Value: $1,626,000 - $1,764,558

3 Beds
2 Baths
1,856 Sq Ft
$913/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $855,000 $461 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $10,038/month

10 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • 0.63 Acre Lot
  • James Island Elementary School Rated A-
  • In Ground Pool
  • Cape Cod Architecture

About This Home

As of March 2017

Looking for a turn key rental or your new extremely well kept personal home with a pool on Folly? Take a look at 4 Red Sunset. This private area of Folly is truly a destination location. The large lot with the pool and a short block to the beach has something for everyone outside! When entering the home the wood floors, natural light, custom crown molding and open living area add to this homes appeal. The kitchen is large and features beautiful granite, two sinks, a gas range and my favorite part is the microwave tucked away from view. The three bedrooms are large and have wood floors. The hall bath with granite counter top is clean and bright. The master bath has a double sink with a stand up shower and walk in closet. Do not forget about the elevator and fantastic builtin pool!

Last Agent to Sell the Property

Matthew Poole

Carolina One Real Estate License #23176 Listed on: 02/16/2017

Carolina One Real Estate

Co-Listed By

Randall Sandin

Carolina One Real Estate License #67332

Last Buyer's Agent

Ulf Hartwig

Carolina One Real Estate Folly Beach License #13006

Carolina One Real Estate Folly Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,508

Year Built

  • Built in 1999

Lot Details

  • 0.63 Acre Lot
  • Property fronts a marsh
  • Cul-De-Sac
  • Partially Fenced Property
  • Aluminum or Metal Fence
  • Interior Lot

Home Design

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

Interior Spaces

  • 1,856 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Carport

Accessible Home Design

  • Adaptable For Elevator

Outdoor Features

  • In Ground Pool
  • Deck
  • Screened Patio
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Community Details

Recreation

  • Boat Ramp
  • Marina

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,508

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cape Cod, Ranch, Traditional
  • Year Built: 1999
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.63
  • Co List Office Mls Id: 1190
  • Co List Office Phone: 843-795-7810
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: Folly Road To The Light At Center Street And Ashley On The Beach. Turn Right. Go To 9th Street And Turn Right. Red Sunset Will Be To Your Right At The First Curve. The Home Is Down The Sand Road On The Right.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, Elevator, Walk-In Closet(s), Ceiling Fan(s), Living/Dining Combo
  • Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)

Exterior Features

  • Roof: Architectural
  • Fencing: Fence - Metal Enclosed, Partial
  • Lot Features: .5 - 1 Acre, Cul-De-Sac, Interior Lot
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Marshfront
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Siding
  • Exterior Features: Elevator Shaft
  • Foundation Details: Raised, Pillar/Post/Pier
  • Patio And Porch Features: Deck, Patio, Front Porch, Screened
  • Property Condition: Pre-Owned

Garage/Parking

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

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Elevators, Marina

Schools

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

Lot Info

  • Lot Size Sq Ft: 27442.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3251600073
  • Tax Annual Amount: 8507.9

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2020
Sold by
4 Red Sunset Lane Llc
Bought by
Gedney Stanley L and Gedney Deborah
Current Estimated Value
$1,694,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Outstanding Balance
$411,151
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,282,989

Purchase Details

Closed on
Oct 9, 2017
Sold by
Gedney Stanley L and Gedney Deborah Long
Bought by
4 Red Sunset Lane Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2017
Sold by
4 Red Sunset Lane Llc
Bought by
Gedney Stanley L and Gedney Deborah Long

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2017
Closed on
Mar 24, 2017
Sold by
Gedney Stanley L and Gedney Deborah Long
Bought by
4 Red Sunset Lane Llc
Seller's Agent
Matthew Poole
Carolina One Real Estate
Buyer's Agent
Ulf Hartwig
Carolina One Real Estate Folly Beach
List Price
$850,000
Sold Price
$855,000
Premium/Discount to List
$5,000
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$424,100
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2017
Closed on
Mar 21, 2017
Sold by
Fiely David P
Bought by
Gedney Deborah Long and Gedney Stanley L
Seller's Agent
Matthew Poole
Carolina One Real Estate
Buyer's Agent
Ulf Hartwig
Carolina One Real Estate Folly Beach
List Price
$850,000
Sold Price
$855,000
Premium/Discount to List
$5,000
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2014
Sold by
Gibson Thomas S and Gibson Susan W
Bought by
Fiely David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 21, 2005
Sold by
Bennett Dianne A
Bought by
Gibson Thomas S and Gibson Susan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
5.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gedney Stanley L -- None Available
4 Red Sunset Lane Llc -- None Available
Gedney Stanley L -- None Available
4 Red Sunset Lane Llc -- None Available
Gedney Deborah Long $855,000 None Available
Fiely David P $650,000 --
Gibson Thomas S $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gedney Stanley L $465,000
Previous Owner Gedney Stanley L $421,000
Previous Owner Gedney Deborah Long $424,100
Previous Owner Fiely David P $520,000
Previous Owner Gibson Thomas S $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $855,000 +0.6% $461 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $850,000 -- $458 / 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 $12,674 $34,200 $0 $0
2023 $12,674 $51,300 $0 $0
2022 $11,920 $51,300 $0 $0
2021 $11,683 $51,300 $0 $0
2020 $11,532 $51,300 $0 $0
2019 $12,144 $51,300 $0 $0
2017 $8,810 $39,000 $0 $0
2016 $8,508 $39,000 $0 $0
2015 $8,086 $39,000 $0 $0
2014 $2,038 $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: 17004374

CHS Regional MLS

APN: 325-16-00-073