NOT LISTED FOR SALE

98 2nd St W Folly Beach, SC 29439

Estimated Value: $675,000 - $1,012,000

3 Beds
3 Baths
1,738 Sq Ft
$501/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $414,000 $238 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $5,199/month

51 Days on Market

Highlights

  • Boat Dock
  • Wood Flooring
  • Eat-In Kitchen
  • James Island Elementary School Rated A-
  • 2 Car Attached Garage
  • Cooling Available

About This Home

As of March 2015

Outstanding location for a beach-area condo. Just a few blocks from the beach but this unit opens at rear to a panoramic view of the Folly River and bridge to the island. This is a 3 bedroom, 3 bath unit with deep 2 car garage. It is not in the best cosmetic condition and may be beyond a handyman repair. Seller is aware of the condition and has priced this property competitively based on condition. Monthly regime includes HOA fees include insurance, maintenance, landscaping, and pest control.k Property has previously been available for short term rentals and would be an excellent investment opportunity.

Last Agent to Sell the Property

Dick Greenlee

Carolina One Real Estate License #11905 Listed on: 12/23/2014

Carolina One Real Estate

Last Buyer's Agent

Toni Peterson

Brand Name Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,911

Year Built

  • Built in 2005

Lot Details

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

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Asphalt Roof
  • Cement Siding

Interior Spaces

  • 1,738 Sq Ft Home
  • Family Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

Overview

  • Waters Edge Subdivision
  • 5-Story Property

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,911

Year Built

Built in 2005

Lot Details

0

HOA Fees

$420 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 2005
  • Property Sub Type: Single Family Attached
  • Lot Size Acres: 0.04
  • Ownership: Fee Simple
  • Subdivision Name: Waters Edge
  • Directions: Folly Road On To Island, Right On W. Indian And Then Right On W. 2nd. Property Will Be At End On Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two, 3 Stories
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 5
  • Structure Type: Townhouse
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 5

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Wood
  • Interior Amenities: Eat-in Kitchen, Family
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Asphalt
  • Waterfront Features: Marshfront
  • Waterfront: Yes
  • Construction Type: Cement Plank
  • Foundation Details: Raised, Pillar/Post/Pier
  • Property Condition: Pre-Owned

Garage/Parking

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

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating: Electric, 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
  • Association Fee: 420
  • 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

Tax Info

  • Tax Map Number: 3281000234

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2014
Closed on
Mar 21, 2015
Sold by
Bank Of New York
Bought by
Tang Robert and Tang Evgeniya
Seller's Agent
Dick Greenlee
Carolina One Real Estate
Buyer's Agent
Toni Peterson
Brand Name Real Estate
List Price
$442,000
Sold Price
$414,000
Premium/Discount to List
-$28,000
-6.33%
Current Estimated Value
$871,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,324
Avg. Annual Appreciation
7.32%
Original Mortgage
$351,900
Outstanding Balance
$271,398
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$599,926

Purchase Details

Closed on
Sep 15, 2014
Sold by
Atkeson George G
Bought by
Bank Of New York

Purchase Details

Closed on
Dec 28, 2005
Sold by
Landry David B and Landry Janice L
Bought by
Atkeson George G

Purchase Details

Closed on
Nov 3, 2005
Sold by
Turtle Bay Development Llc
Bought by
Landry David B and Landry Janice L
Source: Public Records

Range of Values:

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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
Tang Robert $414,000 --
Bank Of New York $350,000 --
Atkeson George G $577,500 None Available
Landry David B $424,542 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Robert $351,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2015 03/27/15 Sold $414,000 -6.3% $238 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
12/23/2014 12/23/14 For Sale $442,000 -- $254 / 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 $1,911 $19,040 $0 $0
2023 $1,911 $19,040 $0 $0
2022 $1,855 $19,040 $0 $0
2021 $1,922 $19,040 $0 $0
2020 $1,984 $19,040 $0 $0
2019 $1,789 $16,560 $0 $0
2017 $1,712 $16,560 $0 $0
2016 $5,481 $16,560 $0 $0
2015 $1,702 $16,560 $0 $0
2014 $1,388 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Dick Greenlee

    Carolina One Real Estate

    Section Image

  • T

    Buyer's Agent in 2015

    Toni Peterson

    Brand Name Real Estate

See All Agents

Map

Source: CHS Regional MLS

MLS Number: 14031821

CHS Regional MLS

APN: 328-10-00-234

South Carolina Charleston County Folly Beach 29439

98 2nd St W, Folly Beach, SC

This home is located at 98 2nd St W, Folly Beach, SC 29439 since 23 December 2014 and is currently estimated at $871,324, approximately $501 per square foot. This property was built in 2005. 98 2nd St W 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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