MLS# 18021560 | 1703 E Ashley Avenue Folly Beach SC | Folly Beach subdivision

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Sold
  • $899,000
    No Recent Price Change
  • 1703 E Ashley Avenue
    Folly Beach, Sc 29439
2Beds
2Full Baths
N/AHalf Baths
1,360SqFt
1978Year Built
0.19Acres
  • MLS# 18021560
  • Residential
  • Single Family Detached
  • Sold

AreaFolly Beach
CountyCharleston
SubdivisionFolly Beach

Public Remarks

Excellent rental income! This year's bookings are $80,000 and counting. Possibly best rental income producer for the money. In addition, this lot is not affected by the new 40' setback from the renourishment line rule because it is more than 40' from the rear lot line. See survey. Fantastic oceanfront home has two bedrooms, each with its own private oceanfront balcony. Newer oceanside deck, High skylights brighten the kitchen and exposed wood beams in the living room add to the charm and cozy feel. The furniture is included. The lot in front of this home has been donated to a conservancy with a 10' access easement to the ocean. $88K gross rental income in 2017. $67,500 in 2018 (renourishment), almost 80,000 in bookings so far in 2019, projected total willbe over $90,000.


Sale Info

Listing Date: 08-01-2018

Sold Date: 08-16-2019

Aprox Days on Market: 
   1 Year(s), 14 day(s)

Listing Sold: 
   1 Year(s), 8 month(s), 23 day(s) ago

Asking Price: $899,000

Selling Price: $800,000

Price Difference: 
Reduced By $99,000

Bathroom Info

Fullbaths:  2

Building Info

Floors:  Laminate

Year Built:  1,978

Foundation:  Elv. Construction

Exterior Features

Misc Ext:  Deck

Garage / Parking

Gar Pkg:  Off-Street Parking

Interior Features

Msc Intr:  Window Treatments - All, Ceiling - Cathedral/Vaulted, Ceiling - Smooth

Lot Info

Acres:  0.19

Lot Desc:  Beachfront, Ocean View, 0 - .5 Acre

Misc

Auction:  No

Property Info

Stories:  1 Story

Roof:  Asphalt Shingle

Style:  Contemporary

Room Info

Mstr Br:  Ceiling Fan

Rooms:  Family, Laundry, Living/Dining Combo

Beds:  2

Sale / Lease Info

Lease Purchase:  No

New Ownd:  Pre-Owned

Special Features

Sqft Info

Sqft:  1,360

Tax Info

Tax Map:  4391600049

Unit Info

Utilities / Hvac

Water Sewer:  Public Water, Septic

Heat:  Electric, Heat Pump

Cooling:  Central

Schools

Elem:  James Island

Middle:  James Island

High:  James Island Charter

Courtesy of listing office  

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On marshallwalker.com since Wed, Aug 1st 2018
No Property History recorded for this listing.

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 05-09-2021 4:04 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 2021 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2021 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 05-09-2021 4:04 PM EST est.

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