1689 Ashley Avenue, Folly Beach, SC 29439 (MLS# 21009756)

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
Listing Office: Vacasa SC LLC
Last Updated: August - 19 - 2022
1689 Ashley Avenue, Folly Beach, SC 29439- MLS# 21009756
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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