NOT LISTED FOR SALE

81 Sandbar Ln Unit 7 Folly Beach, SC 29439

Estimated Value: $860,000 - $935,000

3 Beds
3 Baths
1,532 Sq Ft
$584/Sq Ft Est. Value

Last Sold May 23, 2019

Last sale price $534,000 $349 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,907/month

Highlights

  • Boat Dock
  • Boat Lift
  • Fireplace in Bedroom
  • James Island Elementary School Rated A-
  • In Ground Pool
  • Wood Flooring

About This Home

As of May 2019

Well Maintained Townhome. Complex is on the Folly River. Walking Distance to the Beach and Center St Restaurants. These are GREAT Investments! Garage + Great Amenities = Dock + Pool. Not to mention, All units come with a designated Boat Lift. You will not find that on Folly Beach for Under $600k!

Last Agent to Sell the Property

Kristen Dixon

Carolina One Real Estate License #89579 Listed on: 05/16/2019

Carolina One Real Estate

Last Buyer's Agent

Alex Hunter

Carolina One Real Estate Folly Beach License #85476

Carolina One Real Estate Folly Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,520

Year Built

  • Built in 2002

Lot Details

  • 1,307 Sq Ft Lot

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Raised Foundation
  • Architectural Shingle Roof
  • Cement Siding

Interior Spaces

  • 1,532 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Boat Lift
  • Shared Dock

Schools

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

Utilities

  • No Cooling
  • No Heating

Community Details

Overview

  • Turtle Bay Subdivision

Recreation

  • Boat Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,520

Year Built

Built in 2002

Lot Details

0

HOA Fees

$215 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 2002
  • Property Sub Type: Single Family Attached
  • Lot Size Acres: 0.03
  • Subdivision Name: Turtle Bay
  • Directions: Turn Right Off Of Center St Right Onto Sandbar Lane Right Into Turtle Bay Resort - It Is Unit 7 On The Left
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Bedroom, Three
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Wood

Exterior Features

  • Roof: Architectural
  • Pool Features: In Ground
  • Pool Private: Yes
  • Construction Type: Cement Plank
  • Exterior Features: Boatlift, Dock - Shared
  • Foundation Details: Raised
  • Property Condition: Pre-Owned

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking Spaces: 3
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 1 Car Carport, 2 Car Garage
  • Total Parking Spaces: 3

Utilities

  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Dock Facilities, Pool
  • Association Fee: 215
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3281000178
  • Tax Annual Amount: 5520.24

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2020
Sold by
Teasley Thomas Wayne and Teasley Nancy Ann
Bought by
Lucky 7 By The Sea Llc
Total Days on Market
0
Current Estimated Value
$895,207

Purchase Details

Closed on
Sep 24, 2020
Sold by
Lucky 7 By The Sea Llc
Bought by
Teasley Thomas Wayne and Teasley Nancy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2019
Closed on
Jun 14, 2019
Sold by
Teasley Thomas Wayne and Teasley Nancy Ann
Bought by
Lucky 7 By The Sea Llc
Seller's Agent
Kristen Dixon
Carolina One Real Estate
Buyer's Agent
Alex Hunter
Carolina One Real Estate Folly Beach
List Price
$550,000
Sold Price
$534,000
Premium/Discount to List
-$16,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%
Original Mortgage
$449,190
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2019
Closed on
May 22, 2019
Sold by
Downey Marguerite
Bought by
Teasley Thomas Wayne and Teasley Nancy Ann
Seller's Agent
Kristen Dixon
Carolina One Real Estate
Buyer's Agent
Alex Hunter
Carolina One Real Estate Folly Beach
List Price
$550,000
Sold Price
$534,000
Premium/Discount to List
-$16,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,190
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2003
Sold by
Turtle Bay Development Llc
Bought by
Downey Marguerite
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
Lucky 7 By The Sea Llc -- None Available
Teasley Thomas Wayne -- None Available
Lucky 7 By The Sea Llc -- None Available
Teasley Thomas Wayne $534,000 None Available
Downey Marguerite $314,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Teasley Thomas Wayne $450,000
Previous Owner Teasley Thomas Wayne $449,190
Previous Owner Downey Marguerite $277,500
Previous Owner Downey Marguerite $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2019 05/23/19 Sold $534,000 -2.9% $349 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $550,000 -- $359 / 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 $7,999 $32,040 $0 $0
2022 $7,509 $32,040 $0 $0
2021 $7,361 $32,040 $0 $0
2020 $7,267 $32,040 $0 $0
2019 $5,808 $24,150 $0 $0
2017 $5,520 $24,150 $0 $0
2016 $5,333 $24,150 $0 $0
2015 $5,059 $24,150 $0 $0
2014 $1,353 $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: 19014372

CHS Regional MLS

APN: 328-10-00-178