NOT LISTED FOR SALE

48 Lempesis Ln Folly Beach, SC 29439

Estimated Value: $1,485,000 - $1,760,000

0.25 Acre
$6,363,900 Price per Acre
10,890 Sq Ft Lot

Sale Details

Date Sold: May 9, 2016

Last sale price $235,000

Est. 577% increase in value since last sale

Current estimated payment $8,722 / mo

267 Days on Market

Highlights

  • Wooded Lot
  • Interior Lot
  • Elevated Lot
  • James Island Elementary School Rated A-

About This Lot

As of May 2016

Great corner lot in a quiet residential area of Folly Beach. The lot has public sewer on site and thus will not require the hassles of septic system customary on the island. This lot is at the corner of W. Indian and Lempesis Lane which is in the Sunset Point community known for being one of the more quiet residential areas on Folly. The walking distance to the beach is only about 8 minutes. Drive a golf cart, ride a bike, or walk to the beach and retreat at the end of the day to your quiet home away from the masses and the traffic. The property is heavily wooded with quite a few oak trees which in addition to their natural beauty will provide privacy and shade.

Last Agent to Sell the Property

Ulf Hartwig

Carolina One Real Estate Folly Beach License #13006 Listed on: 06/15/2015

Carolina One Real Estate Folly Beach

Last Buyer's Agent

Ulf Hartwig

Carolina One Real Estate Folly Beach License #13006 Listed on: 06/15/2015

Carolina One Real Estate Folly Beach

Property Details

Property Type

  • Land

Lot Details

  • 10,890 Sq Ft Lot
  • Elevated Lot
  • Interior Lot
  • Wooded Lot
  • Finished Lot(s)

Schools

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

Utilities

  • Natural Gas Connected

Community Details

  • Sunset Point Subdivision

Property Details

Property Type

Land

Lot Details

0.25 Acres

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.25
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Sunset Point
  • Directions: From Center Street Going Toward The Beach, Turn Right Onto W Indian Avenue. The Lot Will Be On Your Left, On The Corner Of Lempesis Ln & W Indian Avenue.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: High, Interior Lot, Wooded

Garage/Parking

  • Open Parking: No

Utilities

  • Electricity On Property: Yes
  • Sewer: Sewer At Site
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected

Schools

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

Lot Info

  • Development Status: Finished Lot(s), Subdivision
  • Lot Size Sq Ft: 10890
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2017
Sold by
Beacher Michael Joshua and Beacher Melody Ann
Bought by
Cole Duffy Jones
Current Estimated Value
$1,590,975

Purchase Details

Listed on
Jun 15, 2015
Closed on
May 5, 2016
Sold by
Hotle William P and Hotle Vivian M
Bought by
Beacher Melody Ann and Beacher Michael Joshua
Seller's Agent
Ulf Hartwig
Carolina One Real Estate Folly Beach
Buyer's Agent
Ulf Hartwig
Carolina One Real Estate Folly Beach
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.08%
Original Mortgage
$211,500
Interest Rate
3.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cole Duffy Jones $280,000 None Available
Beacher Melody Ann $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beacher Melody Ann $211,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2016 05/09/16 Sold $235,000 0.0% --
04/09/2016 04/09/16 Pending -- -- --
06/15/2015 06/15/15 For Sale $235,000 -- --
Source: CHS Regional MLS

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 $3,442 $34,000 $0 $0
2023 $3,238 $34,000 $0 $0
2022 $3,178 $34,000 $0 $0
2021 $3,261 $34,000 $0 $0
2020 $1,102 $11,200 $0 $0
2019 $3,957 $16,800 $0 $0
2017 $3,159 $14,100 $0 $0
2016 $2,751 $12,700 $0 $0
2015 $2,607 $12,700 $0 $0
2014 $2,186 $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: 15015807

CHS Regional MLS

APN: 328-09-00-071

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