NOT LISTED FOR SALE

85 2nd St W Folly Beach, SC 29439

Estimated Value: $485,000 - $998,000

3 Beds
3 Baths
1,668 Sq Ft
$484/Sq Ft Est. Value

Last Sold March 25, 2019

Last sale price $537,500 $322 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,913/month

215 Days on Market

Highlights

  • Boat Dock
  • In Ground Pool
  • High Ceiling
  • James Island Elementary School Rated A-
  • Wood Flooring
  • 5-minute walk to Folly River Park

About This Home

As of March 2019

Welcome to Waters Edge on beautiful Folly Beach! This high-end townhome is located in the Waters Edge resort community on Folly Beach. Steps away from either the beach or pool, this townhome has it all. The townhome includes 3 bedrooms with 3 full baths and would make an excellent primary residence, vacation home or investment property. The property is being sold fully furnished, all you need to do is just pack your bags! Townhome has hardwood floors throughout and granite countertops in the kitchen. Master bedroom is located upstairs with large ensuite bathroom and walk-in closet. Private porch off master provides stunning Low-Country views. Waters Edge includes community pool and dock. The dock provides the perfect spot to launch the kayak, fish, or enjoy the Folly River.This townhome has been well maintained. All HOA updates have been completed on this property.

Located just a short walk to Center Street, come down and enjoy all that Folly Beach has to offer.

Last Agent to Sell the Property

Alex Hunter

Carolina One Real Estate Folly Beach License #85476 Listed on: 07/24/2018

Carolina One Real Estate Folly Beach

Last Buyer's Agent

Carrie Rosen

Carolina One Real Estate License #91925

Carolina One Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,019

Year Built

  • Built in 2005

Lot Details

  • 1,742 Sq Ft Lot
  • Property fronts a marsh

HOA Fees

  • $545 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Raised Foundation
  • Architectural Shingle Roof
  • Cement Siding
  • Masonry

Interior Spaces

  • 1,668 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • In Ground Pool
  • Floating Dock
  • Shared Dock
  • Screened Patio

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

Overview

  • Waters Edge Subdivision

Recreation

  • Boat Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,019

Year Built

Built in 2005

Lot Details

0

HOA Fees

$545 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 2005
  • Property Sub Type: Single Family Attached
  • Lot Size Acres: 0.04
  • Subdivision Name: Waters Edge
  • Directions: Folly Road To Center Street. After Crossing The Bridge Onto Folly Take First Right Onto West Indian. Take Next Right Onto West 2nd. The Townhome Is #85 And On Your Left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Living/Dining Combo
  • Window Features: Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Marshfront
  • Waterfront: Yes
  • Construction Type: Block/Masonry, Cement Plank
  • Exterior Features: Dock - Floating, Dock - Shared
  • Foundation Details: Raised
  • Patio And Porch Features: Patio, Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Dock Facilities, Pool, Trash
  • Association Fee: 545
  • 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: 1742.4
  • ResoLotSizeUnits: Acres

Multi Family

Tax Info

  • Tax Annual Amount: 6018.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2018
Closed on
Mar 25, 2019
Sold by
Fifty 50 Development Company Llc
Bought by
Jaeger Kimberlie Jean and Graves Bret Michael
Seller's Agent
Alex Hunter
Carolina One Real Estate Folly Beach
Buyer's Agent
Carrie Rosen
Carolina One Real Estate
List Price
$547,000
Sold Price
$537,500
Premium/Discount to List
-$9,500
-1.74%
Current Estimated Value
$807,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,880
Avg. Annual Appreciation
6.13%
Original Mortgage
$403,125
Outstanding Balance
$353,694
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$453,686

Purchase Details

Closed on
Sep 29, 2014
Sold by
Deknight Thomas W and Deknight Diane L
Bought by
Fifty 50 Development Company Llc

Purchase Details

Closed on
Jun 29, 2009
Sold by
Babbitt Lawrence J and Babbitt Sherry H
Bought by
Deknight Thomas W and Deknight Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
5.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2007
Sold by
Babbitt Lawrence J and Babbitt Sherry H
Bought by
The Babbitt Revocable Trust

Purchase Details

Closed on
Nov 17, 2006
Sold by
Hartwig Ulf D and Landry David B
Bought by
Babbitt Lawrence J and Babbitt Sherry H

Purchase Details

Closed on
Jan 18, 2006
Sold by
Turtle Bay Development Llc
Bought by
Hartwig Ulf D and Landry David B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Jaeger Kimberlie Jean $537,500 None Available
Fifty 50 Development Company Llc $440,000 --
Deknight Thomas W $455,000 --
The Babbitt Revocable Trust -- None Available
Babbitt Lawrence J $505,000 None Available
Hartwig Ulf D $369,357 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaeger Kimberlie Jean $403,125
Previous Owner Deknight Thomas W $364,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2019 03/25/19 Sold $537,500 -1.7% $322 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
07/24/2018 07/24/18 For Sale $547,000 -- $328 / 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
2024 $2,259 $21,500 $0 $0
2023 $2,129 $32,250 $0 $0
2022 $7,557 $32,250 $0 $0
2021 $7,408 $32,250 $0 $0
2020 $7,313 $32,250 $0 $0
2019 $6,333 $26,400 $0 $0
2017 $6,019 $26,400 $0 $0
2016 $5,814 $26,400 $0 $0
2015 $5,518 $26,400 $0 $0
2014 $4,258 $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: 18020795

CHS Regional MLS

APN: 328-10-00-200