MLS# 21005901 | 1418 E Ashley Avenue Folly Beach SC | Folly Beach subdivision

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$1,295,000 | 2 beds | 1 full baths | N/A half baths | 999 sqft

$1,250,000
1418 E Ashley Avenue
Folly Beach, SC 29439
  • 2Beds
  • 1Full Baths
  • N/AHalf Baths
  • 999SqFt
  • 1957Year Built
  • 0.36Acres
  • MLS# 21005901
  • Residential
  • Single Family Detached
  • Sold

  • Approx Time on Market2 months, 7 days
  • AreaFolly Beach
  • CountyCharleston
  • SubdivisionFolly Beach

Overview

The Washout Cottage! 1950s oceanfront cottage ideally nestled between the Atlantic ocean AND the Folly River with unobstructed views of the ocean, river, and marsh. The vintage cottage has been extensively updated but the value is in the LARGE, ONE OF A KIND LOT. The 40' setback rule from the baseline does not affect the buildable area which is rare for oceanfront lots. A massive rock seawall & East Ashley itself provide protection from the ocean. Furthermore, the flood zones are AE 9 & AE 10. This adorable cottage boasts 2 bedrooms and 1 bath, recently updated kitchen, Pecky Cypress ceilings, and an oceanside living room & dining area. A spacious rear screened porch and rooftop deck offer gorgeous sunsets of the marsh and river.Check out the retaining wall along the marsh. A rooftop deck furnished for socializing or sunbathing offers 360-degree views. The views are permanent; building in front or behind this home will not be permitted. Lots of room for creativity- the unforgettable location also provides plenty of parking - and plenty of room- to add a pool on it's spacious lot. Not only is this a terrific lot, the cottage comes fully furnished (with some personal exceptions) and has terrific vacation rental income (over $55,000 in 2019). Since ownership, many improvements have been made: New roof (including sheathing), new high-impact glass windows, new hardi-plank siding, new electrical, new plumbing, new heating, new seawall, new roof insulation, new flooring, new kitchen, new bath,....


Sale Info

Listing Date: 03-05-2021

Sold Date: 05-13-2021

Aprox Days on Market: 
    2 month(s), 7 day(s)

Listing Sold: 
   2 Year(s), 11 month(s), 10 day(s) ago

Original Asking Price: $1,425,000

Asking Price: $1,295,000

Selling Price: $1,250,000

Price Difference From Original: 
Reduced By $175,000

Price Difference From Asking: 
Reduced By $45,000

Agriculture / Farm

Grazing Permits Forest Service:  Yes

Grazing Permits Private:  Yes

Grazing Permits Blm:  Yes

Horse:  No

Farm Credit Service Incl:  Yes

Association Fees / Info

Bathroom Info

Fullbaths:  1

Building Info

Levels:  One

Window Features:  Thermal Windows/Doors, Window Treatments, ENERGY STAR Qualified Windows

Year Built:  1957

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Misc Ext:  Patio, Screened

Pool Private:  No

Style:  Cottage

Garage / Parking

Gar Pkg:  Off Street

Garage:  No

Attached Garage:  No

Green / Env Info

Interior Features

Interior Features:  Ceiling - Smooth, Ceiling Fan(s)

Fireplace:  No

Laundry Features:  Dryer Connection

Lot Info

Lot Size:  0.36

Lot Desc:  0 - .5 Acre, High

Lot Size Units:  Acres

Acres:  0.36

Lot Sqft:  15681.599999

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Property Info

Property Type:  A

Stories:  1

Foundation:  Crawl Space, Slab

Exterior:  Cement Plank

New Construction:  No

Roof:  See Remarks

Building Area Units:  Square Feet

Special:  Flood Insurance

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Room Info

Beds:  2

Primary Bedroom Features:  Ceiling Fan(s)

Room Master Bedroom Level:  Lower

Sale / Lease Info

Sold Date:  2021-05-13T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Special Features

Sqft Info

Sqft:  999

Unit Info

Utilities / Hvac

Water Source:  Public

Utilities:  Dominion Energy

Heating:  Yes

Water Sewer:  Septic Tank

Cooling:  Yes

Waterfront / Water

Water Front Features:  Beach Front, Marshfront, Seawall

Waterfront:  Yes

Schools

Elem:  James Island

Middle:  Camp Road

High:  James Island Charter

Directions

Center Street Turn On East Ashley Ave. Cottage Is On The Left In The 14th Block.

Courtesy of listing office Vacasa SC LLC 

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Price & Status History (on marshallwalker.com since Fri, Mar 5th 2021)
  • Original Price: $1,425,000
  • Current Price: $1,295,000
  • Price Reduced: $130,000
Date ChangedFromTo
07/17/2023$1,375,000 $1,295,000 Reduced by $80,000
03/08/2021$1,425,000 $1,375,000 Reduced by $50,000

Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Marshall Walker Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 04-23-2024 12:30 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 04-23-2024 12:30 PM EST est.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.


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