NOT LISTED FOR SALE

520 W Ashley Ave Folly Beach, SC 29439

Estimated Value: $1,076,000 - $1,237,000

3 Beds
3 Baths
1,844 Sq Ft
$621/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $935,000 $507 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,201/month

Highlights

  • Boat Ramp
  • Beach Access
  • Cottage
  • James Island Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to Pirates Cove Playground

About This Home

As of January 2021

Welcome to 520 W Ashley! This 3 bed, 3 bath home is situated on a picturesque, corner lot right across the street from the 6th street beach access on the coveted west end of Folly. Upon entering, you'll feel the warmth and charm of a Folly Beach home. This home boasts classic wood T&G walls and hardwood floors throughout. The first floor features a warm, upgraded kitchen which connects to 2 bedrooms and 2 bathrooms. On the 2nd floor you'll find a large master bedroom, flex space, and bath. The elevated construction has an abundance of room for parking and storage for beach equipment or a boat. The large front porch is the perfect place to enjoy the sea breezes coming right off the ocean. Beautiful yard and outdoor space with outdoor shower. This home is comfortably set back from the road.This is the classic Folly home on the quiet west end but close to everything Folly has to offer. 5 blocks from Center Street restaurants, shops, the Folly pier, and Folly boat landing. 20 min to downtown Charleston and steps from the Atlantic Ocean. Don't pass up the opportunity to own this perfect piece of Folly Beach!

Last Agent to Sell the Property

Kain Slowikowski

Dunes Properties of Chas Inc License #89494 Listed on: 11/21/2020

Last Buyer's Agent

Tift Mitchell

Tift Properties License #77945

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,733

Year Built

  • Built in 1960

Lot Details

  • 10,454 Sq Ft Lot

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,844 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Smooth Ceilings
  • Ceiling Fan
  • Family Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Carport
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

Overview

  • Folly Beach Subdivision

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,733

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage
  • Year Built: 1960
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.24
  • Ownership: Fee Simple
  • Subdivision Name: Folly Beach
  • Directions: Take Center Street To Traffic Light. Right At Light. Drive 5 Blocks An Home Is On The Right.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Beamed Ceilings, Ceiling - Smooth, Ceiling Fan(s), Eat-in Kitchen, Family

Exterior Features

  • Roof: Architectural
  • Lot Features: 0 - .5 Acre
  • Waterfront Features: Beach Access
  • Construction Type: Vinyl Siding
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Front Porch
  • Property Condition: Pre-Owned

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Carport, Off Street
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Trash

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: 3281300035
  • Tax Annual Amount: 7733.16

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2018
Closed on
Feb 20, 2019
Sold by
Nichols Margaret C and Carter Kevin D
Bought by
Torchy Investments Llc
Seller's Agent
Kristina Connolly
AgentOwned Realty Charleston Group
Buyer's Agent
Adam Killermann
Carolina One Real Estate Folly Beach
List Price
$619,000
Sold Price
$619,000
Total Days on Market
0
Current Estimated Value
$1,145,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,647
Avg. Annual Appreciation
10.30%
Original Mortgage
$464,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2014
Sold by
Norton Michael M and Norton Judy S
Bought by
Nichols Margaret C and Carter Kevin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,450
Interest Rate
4.26%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 29, 2004
Sold by
Brown Michael K
Bought by
Norton Michael M
Source: Public Records

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Range of Values:

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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
Torchy Investments Llc $619,000 None Available
Nichols Margaret C $410,500 --
Norton Michael M $75,127 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torchy Investments Llc $1,237,450
Closed Torchy Investments Llc $150,000
Closed Torchy Investments Llc $350,000
Closed Torchy Investments Llc $464,250
Previous Owner Nichols Margaret C $50,000
Previous Owner Nichols Margaret C $369,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $935,000 0.0% $507 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
11/21/2020 11/21/20 For Sale $935,000 +51.1% $507 / Sq Ft
02/26/2019 02/26/19 Sold $619,000 0.0% $516 / Sq Ft
01/27/2019 01/27/19 Pending -- -- --
08/05/2018 08/05/18 For Sale $619,000 -- $516 / 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
2023 $9,237 $37,140 $0 $0
2022 $8,677 $37,140 $0 $0
2021 $8,505 $37,140 $0 $0
2020 $8,396 $37,140 $0 $0
2019 $5,913 $24,600 $0 $0
2017 $5,620 $24,600 $0 $0
2016 $5,430 $24,600 $0 $0
2015 $5,151 $24,600 $0 $0
2014 $4,423 $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: 20031533

CHS Regional MLS

APN: 328-15-00-096