NOT LISTED FOR SALE

45 W 9th St Folly Beach, SC 29439

Estimated Value: $898,000 - $1,603,395

1.64 Acres
$819,115 Price per Acre
71,438 Sq Ft Lot

Last Sold June 05, 2017

Last sale price $375,000

Est. 258% increase in value since last sale

Current estimated payment $7,516/month

550 Days on Market

Highlights

  • Private Dock
  • River Front
  • Property fronts a marsh
  • James Island Elementary School Rated A-
  • 1.64 Acre Lot

About This Lot

As of June 2017

**NOW ITS RIDICULOUSLY ATTRACTIVE*** ONE OF ONLY A FEW DEEP WATER LOTS FOR SALE ON THE FOLLY RIVER IN ALL OF THE 29439 ZIP CODE....FOLLY BEACH SAW THE MEDIAN PRICE INCREASE BY 20% FOR VACANT LAND SINCE 1/1/13. With that said, there was only a total of 21 lots sold during that time frame so its not enough to accurately determine growth... BUT VACANT LAND FOR THE ENTIRE MLS SAW A GROWTH OF 4% which does have enough comps to use which suggests the possibility of INSTANT EQUITY OF ROUGHLY $100,000+!! Furthermore, the ONLY other active comp on the Folly River in this zip code is listed for almost 30% ABOVE our asking price and our lot comes equipped with 4'' x 405'' DOCK W/ 16 x 16 PIER HEAD AND 8 X 20 FLOATING DOCK....WOW and NO, THE OTHER COMP DOES NOT! Did I also mention the 1.64 ACRE SIZEOut of the 1.64 acres, about 0.33 acres of that appears to be buildable land. Located on the 9th Block of Folly's West End, you're just a stone's throw from Sunset Cay Marina and are far enough away from the hustle and bustle of Center Street, the HUB of Folly, but close enough to be able to enjoy it's many amenities. Let's not forget that you are within a short stroll to Country Park which was named one of the Nations Best restored Beaches . Oh, and you're only one block back from the Beach but also tucked away on a small low traffic road ......YEP, BEST OF BOTH WORLDS! With more than enough room to build your dream home, you really have no reason not to pursue this property....I mean run a search for RIVERFRONT LOTS WITH AT LEAST 1.5 ACRES ON FOLLY OR EVEN ANY OTHER BEACH AND SEE WHAT RESULTS YOU GET...ANYTHING PRICED BELOW THIS ONE....? This is truly an EPIC OPPORTUNITY FOR THE INVESTOR OR SOMEONE WHO HAS BEEN WAITING FOR THAT DAY TO BUILD A WATERFRONT HOME ON A GORGEOUS LOT WITH AN AFFORDABLE PRICE. ***PLEASE SEE THE VERY DETAILED DOCUMENTATION UPLOADED FROM A FEMA MAP, TO SEVERAL VERSION OF PLATS AND SURVEYS TO DHEC PERMITS AND DOCK PERMITS*** AGENTS MUST READ NOTES ***

Last Agent to Sell the Property

Josh Brandner

Fred Holland Realty License #51804 Listed on: 08/17/2015

Co-Listed By

Lajuan Kennedy

Fred Holland Realty License #16189

Last Buyer's Agent

Jay Costa

Carolina One Real Estate License #6981

Carolina One Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 1.64 Acre Lot
  • Property fronts a marsh
  • River Front
  • Property fronts an easement

Schools

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

Utilities

  • Septic Permit Issued

Community Details

Overview

  • Folly Beach Subdivision

Recreation

  • Private Dock

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.64
  • Co List Office Mls Id: 1655
  • Co List Office Phone: 843-588-2325
  • Subdivision Name: Folly Beach
  • Directions: From Center St. On Folly Beach- Turn Right On W. Ashley. Turn Right On W. 9th St. Lot Will Be Directly Ahead.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: 1 - 2 Acres, Easements
  • Waterfront Features: Marshfront, River Front, Waterfront - Deep
  • Waterfront: Yes
  • Exterior Features: Private Dock At Lot

Garage/Parking

  • Open Parking: No

Utilities

  • Electricity On Property: No
  • Sewer: Septic Permit

Schools

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

Lot Info

  • Lot Size Sq Ft: 71438.4
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3251500065
  • Tax Annual Amount: 5731.3

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2024
Sold by
Regatta Inn Folly Beach Llc and Mexten Llc
Bought by
Regatta Folly Llc
Current Estimated Value
$1,343,349

Purchase Details

Listed on
Aug 17, 2015
Closed on
Jun 5, 2017
Sold by
Metger To Tidelands Bank
Bought by
Ferguson Paul H and Ferguson Joelle D
Seller's Agent
Josh Brandner
Fred Holland Realty
Buyer's Agent
Jay Costa
Carolina One Real Estate
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.73%
Original Mortgage
$281,250
Interest Rate
4.49%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 8, 2012
Sold by
Jenkinson Haynsworth M and Jenkinson Caroline M
Bought by
Tidelands Bank

Purchase Details

Closed on
Mar 29, 2007
Sold by
Jenkinson Haynsworth M and Jenkinson Caroline M
Bought by
Jenkinson Haynsworth M and Jenkinson Caroline M

Purchase Details

Closed on
Dec 7, 2004
Sold by
Orourk Cynthia Ann
Bought by
Jenkinson M Haynsworth and Jenkinson Caroline M

Purchase Details

Closed on
Nov 16, 2004
Sold by
Orourk Cynthia
Bought by
Jenkinson Haynsworth M
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
Regatta Folly Llc $3,975,000 South Carolina Title
Ferguson Paul H $375,000 None Available
Tidelands Bank $750,000 --
Jenkinson Haynsworth M -- None Available
Jenkinson M Haynsworth $387,500 --
Orourk Cynthia Ann -- --
Jenkinson Haynsworth M $387,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferguson Paul H $760,400
Previous Owner Ferguson Paul H $780,838
Previous Owner Ferguson Paul H $281,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2017 06/05/17 Sold $375,000 0.0% --
05/06/2017 05/06/17 Pending -- -- --
08/17/2015 08/17/15 For Sale $375,000 -- --
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 $3,039 $31,760 $0 $0
2023 $3,039 $31,760 $0 $0
2022 $2,980 $31,760 $0 $0
2021 $3,091 $31,760 $0 $0
2020 $3,195 $31,760 $0 $0
2019 $3,274 $31,760 $0 $0
2017 $5,551 $24,900 $0 $0
2016 $6,306 $29,330 $0 $0
2015 $5,998 $29,330 $0 $0
2014 $5,731 $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: 15021794

CHS Regional MLS

APN: 325-15-00-065