NOT LISTED FOR SALE

872 Folly Rd Myrtle Beach, SC 29588

Estimated Value: $1,174,000 - $1,600,000

5 Beds
6.5 Baths
4,480 Sq Ft
$306/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $1,300,000 $290 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,123/month

51 Days on Market

Highlights

  • Boat Dock
  • Property fronts an intracoastal waterway
  • Private Pool
  • Forestbrook Middle School Rated A-
  • Boat Ramp
  • RV Access or Parking

About This Home

As of December 2021

A MUST SEE HOME DIRECTLY on the INTRACOASTAL WATERWAY! This home, built in 2019, has beautiful water views from most every room. The main level features an open floor plan. The luxury kitchen consists of a large island, granite countertops and stainless appliances including a double oven, beverage cooler and 2 dishwashers that are a chef’s dream. Plenty of custom cabinetry fills the kitchen along with a walk-in pantry and breakfast nook. The living room boasts coffered ceilings and a gas fireplace. Enjoy stunning sunset views over the ICW from the balcony located directly off the living space. There is also a formal dining room. Included on the main level is the expansive master suite that features 14ft-vaulted ceilings, a gas fireplace and large walk in closet with custom shelving and laundry area. The master bath features 2 separate vanities, large tiled walk-in shower and jetted soaking tub. This level includes one guest bedroom with private bath. On the third level you will find 3 additional bedrooms each with private bath and a large laundry room with custom cabinetry. All three levels of the home can be reached by elevator and/or the gorgeous staircase. There is storage galore including a walk in storage room off of the master suite and two storage areas on ground level. The home has a generator and an integrated entertainment system that includes surround sound, outdoor speakers, security cameras and much more. The ground level of this home features a second kitchen area and a full bath. This is perfect for entertaining alongside your private 35x15 gunite pool with kiddie area. Enjoy your oversized screened in porch for those evening breezes. Home features a covered boatlift and floating dock that make it easy for those sunset cruises. Another convenience and rare find is the ample space to park your RV which includes full hook-ups. This home has so many details and is a must see. If you have always dreamed of living directly on the water, look no further!

Last Agent to Sell the Property

Stasha Baker

Tradd Residential License #93561 Listed on: 07/14/2021

Last Buyer's Agent

Paul Bracken

Realty ONE Group Dockside License #105175

Realty ONE Group Dockside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,401

Year Built

  • Built in 2019

Lot Details

  • 10,019 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • Fenced
  • Rectangular Lot
  • Property is zoned SF10

Parking

  • Tuck Under Parking
  • RV Access or Parking

Home Design

  • Stilt Home
  • Raised Foundation
  • Wood Frame Construction
  • Concrete Siding
  • Tile

Interior Spaces

  • 4,480 Sq Ft Home
  • 3-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Luxury Vinyl Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Private Pool
  • Boat Ramp
  • Balcony
  • Patio

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • The community has rules related to fencing

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,401

Year Built

Built in 2019

Lot Details

0

Parking

9

Listing Details

  • Lot Description: Rectangular
  • Estimated Year Built: 2019
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Tile, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Living Room Type: Fireplace, Beam, Ceiling Fan
  • Lvt Date: 07/14/2021
  • Sold Total Heated Sq Ft: 4480
  • Sold Total Sq Ft: 6615
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 9
  • Total Heated Sq Ft: 4480
  • Geo Subdivision: SC
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Skylights, Split Bedroom Plan, Fireplace, Elevator-Interior
  • Other Rooms: 1st Floor Baths, Foyer, Laundry/Utility, Screened Porch
  • Primary Bathroom: Double Sink, Shower, Vaulted/Cathedral Ceiling, Whirlpool Tub
  • Kitchen Type: Range, Work Island, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Pantry, Double Oven, Range Hood, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Vaulted/Cath. Ceiling, Ceiling Fan, Walk-In Closet, Fireplace
  • Bedrooms: 5
  • Dining Room Type: Formal, Beam Ceiling
  • Formal Dining: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Levels: Three Or More
  • Total Sq Ft: 6615

Exterior Features

  • Exterior Features: Patio, Balcony, Rear Porch, Fencing, Lawn Sprinkler, Pool-Outdoor Private, Boat Parking, Insulated Doors/Windows, Boat Dock, Boat Ramp, Rv Parking
  • Exterior Finish: Wood Frame, Concrete Fiber Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.23

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Gas, Tankless
  • Utilities Available: Electricity, Water Public, Sewer, Cable Tv, Telephone

Schools

  • Elementary School: Socastee Elementary School
  • Middle School: Socastee Middle School
  • High School: Socastee High School

Lot Info

  • Lot Location: On Icw, Outside City Limits
  • Zoning: SF10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Nov 2, 2021
Sold by
Rex William J
Bought by
Mcleod John Henry and John Henry Mcleod Revocable Tr
Seller's Agent
Stasha Baker
Tradd Residential
Buyer's Agent
Paul Bracken
Realty ONE Group Dockside
List Price
$1,429,900
Sold Price
$1,300,000
Premium/Discount to List
-$129,900
-9.08%
Total Days on Market
51
Current Estimated Value
$1,372,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,207
Avg. Annual Appreciation
1.57%

Purchase Details

Closed on
Jul 7, 2005
Sold by
Brown Charles A and Brown Amy B
Bought by
Carolina Carpentry & Remodeling Llc

Purchase Details

Closed on
May 19, 2000
Sold by
Wheeler Smith Barbara
Bought by
Rex William J and Rex Michelle R
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
Mcleod John Henry $1,300,000 --
Carolina Carpentry & Remodeling Llc $35,000 --
Rex William J $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcleod John Henry Tr $430,000
Previous Owner Rex William J $350,000
Previous Owner Rex William J $300,000
Previous Owner Rex William J $275,000
Previous Owner Carolina Carpentry & Remodeling Llc $192,400
Previous Owner Rex William $36,500
Previous Owner Rex William J $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $1,300,000 -9.1% $290 / Sq Ft
12/07/2021 12/07/21 Price Changed $1,429,900 +10.0% $319 / Sq Ft
12/06/2021 12/06/21 Price Changed $1,300,000 -9.1% $290 / Sq Ft
07/14/2021 07/14/21 For Sale $1,429,900 -- $319 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

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 $5,401 $26,049 $6,281 $19,768
2023 $5,401 $26,049 $6,281 $19,768
2021 $17,082 $26,768 $7,000 $19,768
2020 $2,302 $26,768 $7,000 $19,768
2019 $1,445 $7,000 $7,000 $0
2018 $1,299 $16,700 $6,800 $9,900
2017 $1,284 $16,700 $6,800 $9,900
2016 -- $12,508 $6,800 $5,708
2015 $926 $12,508 $6,800 $5,708
2014 $838 $12,508 $6,800 $5,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2115294

Coastal Carolinas Association of REALTORS®

APN: 44103010013