NOT LISTED FOR SALE

56 W Mariners Cay Dr Unit 56 Folly Beach, SC 29439

James Island Neighborhood

Estimated Value: $631,000 - $673,000

2 Beds
2.5 Baths
1,340 Sq Ft
$486/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $505,000 $377 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,474/month

103 Days on Market

Highlights

  • Boat Ramp
  • River Front
  • Clubhouse
  • James Island Elementary School Rated A-
  • Gated Community
  • Community Pool

About This Home

As of October 2021

Beautiful Mariners Cay condo with many updates including a 9'+ slider with 4 glass panels that opens up to a screened porch overlooking the Folly River. The kitchen has quartz countertops, ceramic tile floors, stainless steel appliances, & stainless steel kitchen sink. Hardwood floors are in the living/dining area. Other upgrades are smooth ceilings, 6-panel doors, a wine cooler, and a large pantry. The balcony off the master bedroom is perfect for drinking your coffee while taking in the amazing views of the river and marina. From the porches, you can enjoy the cool Folly River breezes and gorgeous sunsets. Fish & crab off the community dock or launch your kayak from the community boat ramp. The sellers will pay off the entire assessment of $72,000.00 at closing!!!Mariners Cay is a quiet community tucked away on the Folly River but close to everything. Center St on Folly Beach with its restaurant, bars and stores are only a short walk or bike ride away. Mariners Cay is a beautiful waterfront, gated community with a large pool, 2 tennis courts, a clubhouse, community dock, and community ramp. The home may come furnished except for a few items. Also, sellers are willing to transfer a warranty through Choice Home warranty that is valid thru 4/11/2024.

Last Agent to Sell the Property

Ulf Hartwig

Carolina One Real Estate Folly Beach License #13006 Listed on: 06/03/2021

Carolina One Real Estate Folly Beach

Last Buyer's Agent

Wendy Delaney

Front Door Realty License #44530

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,955

Year Built

  • Built in 1982

Lot Details

  • River Front
  • Cul-De-Sac

HOA Fees

  • $665 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Raised Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,340 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Dishwasher
  • Stacked Washer and Dryer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Screened Patio

Schools

  • James Island Elementary School
  • Camp Road Middle School
  • James Island Charter High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

Overview

  • Front Yard Maintenance
  • Mariners Cay Subdivision

Recreation

  • Boat Ramp
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,955

Year Built

Built in 1982

Lot Details

0

HOA Fees

$665 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 1982
  • Property Sub Type: Single Family Attached
  • Ownership: Condominium
  • Subdivision Name: Mariners Cay
  • Directions: Folly Rd To Folly Beach, Turn Left On Mariners Cay Drive And Go Through The Gate.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Condo Regime, Condominium, Townhouse
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer/Dryer Stacked
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Ceiling - Smooth, Walk-In Closet(s), Ceiling Fan(s), Living/Dining Combo
  • Window Features: Window Treatments - Some

Exterior Features

  • Roof: Metal
  • Lot Features: 0 - .5 Acre, Cul-De-Sac
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Foundation Details: Raised
  • Patio And Porch Features: Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Boat Ramp, Clubhouse, Gated, Lawn Maint Incl, Pool, Tennis Court(s)
  • Association Fee: 664.85
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3280000073
  • Tax Annual Amount: 4954.68

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Oct 14, 2021
Sold by
Pope Ronald K
Bought by
Campbell Milton C and Campbell Christopher R
Seller's Agent
Ulf Hartwig
Carolina One Real Estate Folly Beach
Buyer's Agent
Wendy Delaney
Front Door Realty
List Price
$505,000
Sold Price
$505,000
Total Days on Market
103
Current Estimated Value
$651,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,727
Avg. Annual Appreciation
6.67%
Original Mortgage
$345,000
Outstanding Balance
$318,002
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$321,593

Purchase Details

Closed on
Nov 21, 2016
Sold by
Popc Ronald K
Bought by
Pope Ronald K and Pope Kimberly Palmer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2016
Sold by
Pope Ronald K
Bought by
Pope Ronald K and Poope Kimberly Palmer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2016
Sold by
Bunkley Ralph E and Bunkley Phyllis
Bought by
Pope Ronald K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2006
Sold by
Jsd Inc
Bought by
Bunkley Ralph E and Bunkley Phyllis
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
Campbell Milton C $505,000 None Listed On Document
Pope Ronald K -- None Listed On Document
Pope Ronald K -- --
Pope Ronald K $330,000 --
Bunkley Ralph E $355,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Milton C $345,000
Previous Owner Pope Ronald K $264,000
Previous Owner Bunkley Ralph E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $505,000 0.0% $377 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $505,000 -- $377 / 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 $2,014 $20,200 $0 $0
2022 $1,958 $20,200 $0 $0
2021 $5,018 $21,600 $0 $0
2020 $4,955 $21,600 $0 $0
2019 $4,792 $19,800 $0 $0
2017 $4,557 $19,800 $0 $0
2016 $3,465 $15,410 $0 $0
2015 $3,277 $15,410 $0 $0
2014 $3,196 $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: 21014808

CHS Regional MLS

APN: 328-00-00-073