V
Seller's Agent in 2024
Vincent Perna
Dunes Properties of Chas Inc
(888) 401-2599
12 in this area
24 Total Sales
Estimated Value: $4,097,638
11
Beds
--
Bath
4,838
Sq Ft
$847/Sq Ft
Est. Value
Highlights
- 0.48 Acre Lot
- Furnished
- Heat Pump System
- James Island Elementary School Rated A-
- Central Air
About This Home
As of April 2024Here is your opportunity to own a majestic property with incredible views of the sunsets, marina, and all of the beauty that accompanies sitting on the banks of the Folly River. The Regatta Inn is being offered as a turnkey operation consisting of ten nautical-themed rooms, each with an ensuite and porch, and can accommodate up to 20 guests. Constructed in 2014, the three-story building features a small entry/reception area, an office, dining room with water views, open-air terrace, kitchenette, laundry facilities, event spaces, and all of the furniture, fixtures and equipment included. The sale includes two lots, the Inn and the adjacent event patio. Event packages are held for weddings, reunions, or small groups that wish to stay on-site. Details available upon request.
Last Agent to Sell the Property
Dunes Properties of Chas Inc License #48180 Listed on: 11/21/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 2014
Lot Details
- 0.48 Acre Lot
- Zoning described as Conforming
Parking
- Open Parking
Home Design
- Pillar, Post or Pier Foundation
- Architectural Shingle Roof
Interior Spaces
- 11 Bedrooms
- 4,838 Sq Ft Home
- 3-Story Property
- Furnished
Schools
- James Island Elementary School
- Camp Road Middle School
- James Island Charter High School
Utilities
- Central Air
- Heat Pump System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 21, 2023
Closed on
Mar 26, 2024
Sold by
Regatta Inn Folly Beach Llc and Mexten Llc
Bought by
Regatta Folly Llc
Seller's Agent
Vincent Perna
Dunes Properties of Chas Inc
Buyer's Agent
John Nunn
AgentOwned Realty Charleston Group
List Price
$4,600,000
Sold Price
$3,975,000
Premium/Discount to List
-$625,000
-13.59%
Views
88
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,638
Avg. Annual Appreciation
1.71%
Original Mortgage
$2,440,497
Outstanding Balance
$1,832,446
Interest Rate
6.94%
Mortgage Type
Seller Take Back
Estimated Equity
$2,265,192
Purchase Details
Closed on
Sep 18, 2019
Sold by
Block Ivan E
Bought by
Regatta Inn Folly Beach Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 30, 2015
Sold by
Ulf D Hartwig Llc
Bought by
Buckley Leonie M
Purchase Details
Closed on
Feb 9, 2010
Sold by
Clark Edward
Bought by
Sunset Cay Commercial Llc
Purchase Details
Closed on
Jan 28, 2010
Sold by
Sisters Three Llc
Bought by
Slightly Off Center Llc
Purchase Details
Closed on
Sep 14, 2007
Sold by
Sunset Cay Llc
Bought by
Clark Edward
Purchase Details
Closed on
Oct 14, 2005
Sold by
Sunset Cay Llc
Bought by
Turtle Bay Development Llc
Purchase Details
Closed on
Oct 11, 2005
Sold by
Sunset Cay Llc
Bought by
Cdi Homes Llc
Purchase Details
Closed on
Sep 30, 2005
Sold by
Sunset Cay Llc
Bought by
Ridgeway Robert Maclean
Purchase Details
Closed on
Sep 29, 2005
Sold by
Sunset Cay Llc
Bought by
Mincey Susan
Purchase Details
Closed on
Sep 23, 2005
Sold by
Sunset Cay Llc
Bought by
Mcelheney Mark A
Purchase Details
Closed on
Sep 22, 2005
Sold by
Sunset Cay Llc
Bought by
Golemis Michael C and Oshaughnessy Michael D
Purchase Details
Closed on
Sep 19, 2005
Sold by
Sunset Cay Llc
Bought by
Meha Llc
Purchase Details
Closed on
Sep 12, 2005
Sold by
Sunset Cay Llc
Bought by
Ray Michael A and Steven Ray W
Purchase Details
Closed on
Sep 8, 2005
Sold by
Sunset Cay Llc
Bought by
Folly Beach Lp
Purchase Details
Closed on
Sep 7, 2005
Sold by
Sunset Cay Llc
Bought by
Ohearn J Timothy
Purchase Details
Closed on
Sep 6, 2005
Sold by
Sunset Cay Llc
Bought by
Ulf D Hartwig Llc
Purchase Details
Closed on
Sep 2, 2005
Sold by
Sunset Cay Llc
Bought by
Smith Millard
Purchase Details
Closed on
Sep 1, 2005
Sold by
Sunset Cay Llc
Bought by
Brandner Deborah A
Purchase Details
Closed on
Aug 26, 2005
Sold by
Cdi Homes Llc
Bought by
Omalley Peter F and Bloch Barbara
Purchase Details
Closed on
Aug 25, 2005
Sold by
Sunset Cay Llc
Bought by
Cdi Homes Llc
Purchase Details
Closed on
Aug 23, 2005
Sold by
Suncoast Properties South Carolina Llc
Bought by
Block Ivan E
Purchase Details
Closed on
Aug 22, 2005
Sold by
Sunset Cay Llc
Bought by
Suncoast Properties South Carolina Llc
Purchase Details
Closed on
Mar 9, 2005
Sold by
Sunset Cay Llc
Bought by
Suncoast Properties Of South Carolina Ll
Purchase Details
Closed on
Sep 25, 2001
Sold by
Orourk Daniel G
Bought by
Sunset Cay Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Regatta Folly Llc | $3,975,000 | South Carolina Title | |
| Regatta Inn Folly Beach Llc | -- | None Available | |
| Buckley Leonie M | $22,000 | -- | |
| Sunset Cay Commercial Llc | $55,000 | -- | |
| Slightly Off Center Llc | -- | -- | |
| Clark Edward | -- | Attorney | |
| Turtle Bay Development Llc | $816,000 | -- | |
| Cdi Homes Llc | $800,000 | -- | |
| Ridgeway Robert Maclean | $80,000 | -- | |
| Trine Raymond H | $70,000 | -- | |
| Mincey Susan | $60,000 | -- | |
| Ilderton Patrick | $70,000 | -- | |
| Mcelheney Mark A | $80,000 | -- | |
| Golemis Michael C | $60,000 | -- | |
| Golemis Michael C | $60,000 | -- | |
| Meha Llc | $80,000 | -- | |
| Meha Llc | $80,000 | -- | |
| Five Blocks Llc | $150,000 | -- | |
| Ray Michael A | $70,000 | -- | |
| Folly Beach Lp | $60,000 | -- | |
| Folly Beach Lp | $60,000 | -- | |
| Ohearn J Timothy | $70,000 | -- | |
| Ulf D Hartwig Llc | $70,000 | -- | |
| Smith Millard | $80,000 | -- | |
| The Edge Llc | $60,000 | -- | |
| Buero George F | $60,000 | -- | |
| Hkmc Llc | $60,000 | -- | |
| Brandner Deborah A | $60,000 | -- | |
| Swan Stephen H | $60,000 | -- | |
| Omalley Peter F | $829,000 | -- | |
| Cdi Homes Llc | -- | -- | |
| Block Ivan E | $125,000 | -- | |
| Five Blocks Llc | $150,000 | -- | |
| Block Ivan E | $1,000,000 | -- | |
| Suncoast Properties South Carolina Llc | -- | -- | |
| Suncoast Properties Of South Carolina Ll | $800,000 | -- | |
| Sunset Cay Llc | $2,000,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Regatta Folly Llc | $2,440,497 | |
| Previous Owner | Regatta Inn Folly Beach Llc | $850,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/10/2024 04/10/24 | Sold | $3,975,000 | -13.6% | $822 / Sq Ft |
| 11/22/2023 11/22/23 | For Sale | $4,600,000 | -- | $951 / Sq Ft |
Source: CHS Regional MLS
Tax History Compared to Growth
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 | $32,654 | $75,330 | $0 | $0 |
| 2023 | $18,415 | $75,330 | $0 | $0 |
| 2022 | $130 | $75,330 | $0 | $0 |
| 2021 | $17,034 | $75,330 | $0 | $0 |
| 2020 | $16,813 | $75,330 | $0 | $0 |
| 2019 | $15,417 | $65,500 | $0 | $0 |
| 2017 | $72 | $65,500 | $0 | $0 |
| 2016 | $14,002 | $65,500 | $0 | $0 |
| 2015 | $13,372 | $65,500 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Vincent Perna
-
John Nunn
J
Buyer's Agent in 2024
John Nunn
AgentOwned Realty Charleston Group
(843) 991-8070
2 in this area
22 Total Sales
-
Benjamin Perrone
Buyer Co-Listing Agent in 2024
Benjamin Perrone
Factotum Real Estate, LLC
(843) 478-8440
1 in this area
6 Total Sales
Source: CHS Regional MLS
MLS Number: 23026523
APN: 325-15-00-011
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.
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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