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1689 Ashley Avenue, Folly Beach, SC 29439
$1,375,000
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,000
Lot Size (sq. ft.):
8,276
Status:
Closed
Current Price:
$1,495,000
List Date:
4/14/2021
Last Modified:
8/19/2022
Description
Fantastic value for a wonderful oceanfront property. This property is one of the few oceanfronts that has plenty of room for a large new home with an oceanside pool. With the newer 40' setback from the baseline rule, most other oceanfront lots don't have enough buildable area for a house with an oceanside pool. Situated at the quieter east end of the island, it is the perfect spot to recharge. As you enter the home, an open living space greets you. Solid wood paneling painted white gives this home a bright and clean feel. This 3 bedrooms and 2 baths home is on a vacation rental program and is being sold turnkey. A large roof top deck and a deck at the beach walkover are great hangouts for sunbathing and taking in the ocean views. Flood insurance is less than $1,000.00/year.
Supplements: This beach cottage already has about $75,000 in rental bookings for 2021. This listing is for 2 tax map numbers but the 2 lots are considered one lot under a new City of Folly Beach ordinance. As one big lot, the total high ground of this property allows for a larger than normal home (over 3800 sqft vs. 3600sqft). Even better, this property is on relatively high ground and thus is in the desirable "A" flood zone.
More Information MLS# 21009756
Contract Info
Sub-Type: Single Family Detached
MLS List Date: 2021-04-14
Status: Closed
List Price: $1,495,000
Current Price: $1,375,000
Location, Tax & Legal
Tax Map #: 4391600042
Street #: 1689
Street Name: Ashley
Street Suffix: Avenue
County: Charleston
State: SC
Zip Code: 29439
Area: 22 - Folly Beach to Battery Island
Tax District: 33 - City of Folly Beach
Subdivision: E Folly Bch Shores
Elementary School: James Island
Middle School: Camp Road
High School: James Island Charter
Legal Description: LT 2174
Directions: Center Street to E Ashley at the traffic light. Past the washout, the home will be on the right.
General Property Info
Bedrooms: 3
Baths - Full: 2
Baths - Total: 2
Ground Level: No
Stories: 1
Primary Structure Apx SqFt: 1000
Lot Size: 0.19
Ownership: Fee Simple
Year Built: 1962
Acreage: 0.19
Potential Short Sale: No
C/R: No
Lease Purchase: No
HOA Fee: No
Auction: No
Tax/Fees
Special Assessment: No
Taxes: 11000.72
Regime Fee: No
Office/Member Info
Buyers Agency Compensation: 2.75
Buyers Agency Compensation Type: %
Status Change Info
Sold Date: 2021-12-21
Sold Price/SqFt: 1375
New Mortgage Type: Conventional
Property Features
SqFt Source: Tax Records
SF Detached Style: Cottage
Lot Description: 0 - .5 Acre; Beach Access; Beachfront; High
Misc Exterior: Deck; Patio
Roof: Asphalt Shingle
Exterior: Vinyl Siding
Foundation: Crawl Space
Garage/Parking: Off-Street Parking
Stories/Levels: 1 Story
Misc Interior: Ceiling - Smooth; Window Treatments - All
New Owned: Pre-Owned
Rooms: Living/Dining Combo
Cooling: Central Air
Floors: Carpet; Luxury Vinyl Plank
Equipment/Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer
Water/Sewer: Public Water; Septic
Heat: Electric; Heat Pump
Possession: At Closing
Utility Suppliers: Dominion Energy
Proposed Financing: Any; Cash
Assumable: No
Documents
Listing Office: Vacasa SC LLC
Last Updated: August - 19 - 2022
The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.
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