NOT LISTED FOR SALE

816 E Ashley Ave Folly Beach, SC 29439

Estimated Value: $1,823,000 - $2,542,973

0.24 Acre
$8,676,012 Price per Acre
10,454 Sq Ft Lot

Last Sold March 27, 2020

Last sale price $475,000

Est. 333% increase in value since last sale

Current estimated payment $11,566/month

166 Days on Market

Highlights

  • Boat Ramp
  • Beach Access
  • Home to be built
  • James Island Elementary School Rated A-
  • Elevated Lot

About This Lot

As of March 2020

Beautiful 3rd row lot with SIX (6) BEDROOM SEPTIC PERMIT issued March 2019. Lot sits very high and is a full .24 acre that spans road to road (E Ashley Ave to E Cooper Ave). Only one row of homes between this beautiful lot and the folly river, and they're both single story homes. An elevated home should have beautiful views of the Folly River and ocean. The SIX (6) bedroom septic permit is rare and a huge value especially for investors or second homes looking to rent part time for supplemental income, as this allows for larger families. Owner is a high end custom home builder (who lives on Folly Beach and familiar with their building process) and is more than happy and available to contract your custom build. Boundary/Topo/Tree survey and septic permit available in documents.

Last Agent to Sell the Property

Brett Rashtchian

RE/MAX Southern Shores License #91089 Listed on: 08/01/2019

Last Buyer's Agent

Elizabeth Ramsay Dickinson

The Exchange Company, LLC License #38018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,664

Lot Details

  • 10,454 Sq Ft Lot
  • Elevated Lot

Home Design

  • Home to be built

Schools

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

Utilities

  • Natural Gas Connected
  • Septic Permit Issued

Community Details

  • Boat Ramp
  • Boat Dock
  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$3,664

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: Folly Beach Road Towards Folly, Once On The Island And On Center Street, Take A Left On E Ashley Avenue, 816 E Ashley Will Be On The Left Side Of The Road.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: High, Will Build
  • Waterfront Features: Beach Access

Garage/Parking

  • Open Parking: No

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic Permit
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected

Condo/Co-op/Association

  • Community Features: Boat Ramp, Community Dock, Dock Facilities

Schools

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

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3281600103

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Mar 18, 2020
Sold by
816 East Ashley Avenue Llc
Bought by
Mcmanus Timothy K and Mcmanus Katherine R
Seller's Agent
Brett Rashtchian
RE/MAX Southern Shores
Buyer's Agent
Elizabeth Ramsay Dickinson
The Exchange Company, LLC
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$2,056,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,581,796
Avg. Annual Appreciation
31.13%
Original Mortgage
$275,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2018
Sold by
Chapman Jamie
Bought by
816 Eas Ashley Avenue Llc
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
Mcmanus Timothy K $475,000 None Available
816 Eas Ashley Avenue Llc $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmanus Timothy K $250,000
Closed Mcmanus Timothy K $548,250
Closed Mcmanus Timothy K $985,000
Closed Mcmanus Timothy K $275,000
Closed Mcmanus Timothy K $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $475,000 0.0% --
02/26/2020 02/26/20 Pending -- -- --
08/01/2019 08/01/19 For Sale $475,000 -- --
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 $3,664 $38,800 $0 $0
2023 $3,664 $58,200 $0 $0
2022 $13,465 $58,200 $0 $0
2021 $6,431 $28,500 $0 $0
2020 $4,983 $22,500 $0 $0
2019 $5,252 $22,500 $0 $0
2017 $4,059 $18,000 $0 $0
2016 $4,130 $18,000 $0 $0
2015 $3,916 $18,000 $0 $0
2014 $4,055 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brett Rashtchian

    Seller's Agent in 2020

    Brett Rashtchian

    RE/MAX

    (843) 729-9400

    1 in this area

    73 Total Sales

    Section Image
  • Elizabeth Ramsay Dickinson

    Buyer's Agent in 2020

    Elizabeth Ramsay Dickinson

    The Exchange Company, LLC

    (843) 475-9919

    62 Total Sales

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Map

Source: CHS Regional MLS

MLS Number: 19022337

CHS Regional MLS

APN: 328-16-00-103

South Carolina Charleston County Folly Beach 29439

816 E Ashley Ave, Folly Beach, SC

This home is located at 816 E Ashley Ave, Folly Beach, SC 29439 since 01 August 2019 and is currently estimated at $2,082,243. 816 E Ashley Ave is a home located in Charleston County with nearby schools including James Island Elementary School and Camp Road Middle.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

CHS Regional MLS The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2025 Charleston Trident MLS. All Rights Reserved

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