NOT LISTED FOR SALE

406 W Ashley Ave Folly Beach, SC 29439

Estimated Value: $1,976,000 - $2,411,000

4 Beds
5 Baths
3,261 Sq Ft
$675/Sq Ft Est. Value

Last Sold July 21, 2020

Last sale price $1,310,000 $402 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $13,598/month

110 Days on Market

Highlights

  • In Ground Pool
  • Two Primary Bedrooms
  • Wood Flooring
  • James Island Elementary School Rated A-
  • Traditional Architecture
  • Balcony

About This Home

As of July 2020

Looking for a luxury vacation home? Look no further! This gem is one of the top producing homes on the island. This home is being sold fully furnished with recent updates to include; painting inside and out, new ceiling fans, and new landscaping. This home seamlessly blends the southern charm of a Lowcountry lifestyle with the laid-back vibe of a quaint beach town. Turn into the drive amid mature oak trees and thick clusters of vibrant hydrangeas. The grounds include abundant off-street parking and multi-level porches provide views of the private, fenced lot with exquisite outdoor patio, fountains and black bottom saltwater pool. Step inside and you'll discover this 4 bedroom Lowcountry home is spacious and luxurious, with heart pine floors, exquisite gourmet kitchen, & 2 master bedrooms

Last Agent to Sell the Property

Reid Walker

The Exchange Company, LLC License #86737 Listed on: 02/16/2020

Co-Listed By

Katherine Mattison

Luxury Simplified Retreats License #118868

Last Buyer's Agent

Reid Walker

The Exchange Company, LLC License #86737 Listed on: 02/16/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,301

Year Built

  • Built in 2008

Lot Details

  • 10,454 Sq Ft Lot
  • Wood Fence
  • Irrigation

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 3,261 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Smooth Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Utility Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Dual Closets
  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • In Ground Pool
  • Balcony
  • Patio
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,301

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2008
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.24
  • Co List Office Mls Id: 9138
  • Subdivision Name: None
  • Directions: From Center St Going Towards The Beach, Turn Left Onto E Ashley Ave. The Home Will Be On The Left Between 4th & 5th
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, Elevator, Garden Tub/Shower, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Family, Entrance Foyer, Living/Dining Combo, Utility
  • Window Features: Window Treatments, Window Treatments - Some
  • Master Bedroom Features: Ceiling Fan(s), Dual Masters, Multiple Closets
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Asphalt
  • Fencing: Fence - Wooden Enclosed
  • Lot Features: 0 - .5 Acre
  • Pool Features: In Ground
  • Pool Private: Yes
  • Construction Type: Cement Plank
  • Exterior Features: Balcony, Lawn Irrigation
  • Foundation Details: Raised
  • Patio And Porch Features: Patio, Front Porch, Wrap Around

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Car Garage, Attached, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Private

Schools

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

Lot Info

  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3281500113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2020
Closed on
Jul 20, 2020
Sold by
Bridge Charleston Investments C Llc
Bought by
Hanscom Warren K
Seller's Agent
Reid Walker
The Exchange Company, LLC
Buyer's Agent
Reid Walker
The Exchange Company, LLC
List Price
$1,310,000
Sold Price
$1,310,000
Current Estimated Value
$2,200,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$890,523
Avg. Annual Appreciation
11.06%
Original Mortgage
$400,000
Outstanding Balance
$358,795
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,876,092

Purchase Details

Listed on
Jan 14, 2015
Closed on
Jun 4, 2015
Sold by
Warner Anne G
Bought by
Bridge Charleston Investments C Llc
Seller's Agent
Ulf Hartwig
Carolina One Real Estate Folly Beach
List Price
$1,000,000
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$500,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2008
Sold by
2Lw Llc
Bought by
Warner Anne G

Purchase Details

Closed on
Sep 11, 2006
Sold by
South Point Holdings Llc
Bought by
Hall Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$992,375
Interest Rate
6.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 2006
Sold by
Bender Patricia G and Nason Harriet Anne
Bought by
South Point Holdings Llc

Purchase Details

Closed on
Oct 21, 2004
Sold by
Bender Patricia G
Bought by
Bender Patricia G
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
Hanscom Warren K $1,310,000 None Available
Bridge Charleston Investments C Llc $1,000,000 --
Warner Anne G $1,266,153 None Available
Hall Builders Llc $615,000 None Available
South Point Holdings Llc $585,000 None Available
Bender Patricia G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanscom Warren K $400,000
Previous Owner Bridge Charleston Investments C Llc $500,000
Previous Owner Bridge Charleston Investments C Llc $500,000
Previous Owner Warner Anne G $325,000
Previous Owner Warner Anne G $100,000
Previous Owner 2Lw Llc $992,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2020 07/21/20 Sold $1,310,000 0.0% $402 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
02/16/2020 02/16/20 For Sale $1,310,000 +31.0% $402 / Sq Ft
06/05/2015 06/05/15 Sold $1,000,000 0.0% $307 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $1,000,000 -- $307 / 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 $19,301 $78,600 $0 $0
2023 $19,301 $78,600 $0 $0
2022 $18,173 $78,600 $0 $0
2021 $17,809 $78,600 $0 $0
2020 $15,093 $67,380 $0 $0
2019 $14,175 $60,000 $0 $0
2017 $13,461 $60,000 $0 $0
2016 $12,997 $60,000 $0 $0
2015 $3,413 $36,640 $0 $0
2014 $3,413 $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: 20004549

CHS Regional MLS

APN: 328-15-00-113