NOT LISTED FOR SALE

93 2nd St W Folly Beach, SC 29439

Estimated Value: $884,000 - $977,000

3 Beds
3 Baths
1,668 Sq Ft
$546/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $560,000 $336 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,188/month

44 Days on Market

Highlights

  • River Access
  • In Ground Pool
  • Wood Flooring
  • James Island Elementary School Rated A-
  • Canal View
  • Balcony

About This Home

As of November 2020

Location, location, location! Awesome opportunity to own piece of paradise on one of South Carolina's sea islands! Located in Waters Edge. 3 bedroom - 3 bath unit close to Center Street (shops, restaurants, bars) but tucked away from the hustle and bustle on busy days. This unit features a 2 car garage with plenty of extra storage space. The first floor includes a bedroom, full bathroom, kitchen, living area and screened porch. Hardwood floors throughout, granite counter tops, island in the kitchen. Upstairs includes a large master bedroom, master bathroom with Jack and Jill sinks, and walk -in closet. Second bedroom includes private full bathroom. Laundry closet. Rental income history is available for 2018-19. Catch one of the best sunsets in the state from the pool!

Last Agent to Sell the Property

Jeremy Cockrell

RE/MAX Action Realty License #77327 Listed on: 08/19/2020

RE/MAX Action Realty

Last Buyer's Agent

Chelsea Heidt

EXP Realty LLC License #110824

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,808

Year Built

  • Built in 2005

Lot Details

  • 1,307 Sq Ft Lot
  • Property fronts a marsh
  • Cul-De-Sac

HOA Fees

  • $540 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,668 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • River Access
  • Shared Dock
  • Balcony

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

Overview

  • Waters Edge Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,808

Year Built

Built in 2005

Lot Details

0

HOA Fees

$540 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 2005
  • Property Sub Type: Single Family Attached
  • Lot Size Acres: 0.03
  • Subdivision Name: Waters Edge
  • Directions: Folly Road To Center Street. Once On The Island, Take The First Right Onto W. Indian. Take Your Next Right Onto W. 2nd Street.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Structure Type: Townhouse
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Pantry
  • Master Bedroom Features: Garden Tub/Shower, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural, Asphalt
  • Lot Features: 0 - .5 Acre, Cul-De-Sac
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Canal, Marshfront, River Access
  • Waterfront: Yes
  • Construction Type: Cement Plank
  • Exterior Features: Balcony, Dock - Shared
  • Foundation Details: Raised
  • 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: Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 540
  • 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: 3281000204
  • Tax Annual Amount: 5807.64

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Nov 4, 2020
Sold by
Obrien Kevin A and Obrien Carrie H
Bought by
Corona Salgado Catherine Lynn and Salgado Edward Bruce
Seller's Agent
Jeremy Cockrell
RE/MAX Action Realty
Buyer's Agent
Chelsea Heidt
EXP Realty LLC
List Price
$599,900
Sold Price
$560,000
Premium/Discount to List
-$39,900
-6.65%
Current Estimated Value
$910,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,224
Avg. Annual Appreciation
10.60%
Original Mortgage
$448,000
Outstanding Balance
$400,471
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$509,753

Purchase Details

Closed on
Oct 20, 2005
Sold by
Atlantic National Corp
Bought by
Obrien Kevin A and Obrien Carrie H

Purchase Details

Closed on
Sep 23, 2005
Sold by
Turtle Bay Development Llc
Bought by
Atlantic National Corp
Source: Public Records

Range of Values:

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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
Corona Salgado Catherine Lynn $560,000 None Available
Obrien Kevin A $490,000 --
Atlantic National Corp $358,582 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salgado Edward Bruce $80,000
Open Corona Salgado Catherine Lynn $448,000
Previous Owner Brien Kevin A O $295,000
Previous Owner Obrien Kevin A $331,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $560,000 -6.7% $336 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $599,900 -- $360 / 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 $8,378 $33,600 $0 $0
2023 $8,378 $33,600 $0 $0
2022 $7,867 $33,600 $0 $0
2021 $7,711 $33,600 $0 $0
2020 $6,323 $27,780 $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 $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: 20023027

CHS Regional MLS

APN: 328-10-00-204