Viewing Listing MLS# 18021560

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Folly Beach - Folly Beach, SC Real Estate | Folly Beach - Residential Property

$899,000 | 2 beds | 2 full baths | N/A half baths | 1,360 sqft

$800,000
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

  • Approx Time on Market1 year, 14 days
  • AreaFolly Beach
  • CountyCharleston
  • SubdivisionFolly Beach

Overview

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: 
   4 Year(s), 7 month(s), 13 day(s) ago

Original Asking Price: $995,000

Asking Price: $899,000

Selling Price: $800,000

Price Difference From Original: 
Reduced By $195,000

Price Difference From Asking: 
Reduced By $99,000

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:  2

Building Info

Levels:  One

Window Features:  Window Treatments

Year Built:  1978

Floors:  Laminate

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Misc Ext:  Deck

Pool Private:  No

Style:  Contemporary

Garage / Parking

Gar Pkg:  Off Street

Garage:  No

Attached Garage:  No

Green / Env Info

Interior Features

Interior Features:  Ceiling - Cathedral/Vaulted, Ceiling - Smooth, Ceiling Fan(s), Family, Living/Dining Combo

Fireplace:  No

Laundry Features:  Dryer Connection, Laundry Room

Lot Info

Lot Size:  0.19

Lot Desc:  0 - .5 Acre

Lot Size Units:  Acres

Acres:  0.19

Lot Sqft:  8276.4

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Property Info

Property Type:  A

Stories:  1

Foundation:  Raised

Exterior:  Vinyl Siding

New Construction:  No

Roof:  Asphalt

Building Area Units:  Square Feet

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Room Info

Beds:  2

Primary Bedroom Features:  Ceiling Fan(s)

Sale / Lease Info

Sold Date:  2019-08-16T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Special Features

Sqft Info

Sqft:  1360

Unit Info

Utilities / Hvac

Water Source:  Public

Utilities:  SCE & G

Heating:  Yes

Heat:  Electric, Heat Pump

Water Sewer:  Septic Tank

Cooling:  Yes

Waterfront / Water

Water Front Features:  Beach Front

Waterfront:  Yes

Schools

Elem:  James Island

Middle:  James Island

High:  James Island Charter

Directions

Center Street Turn Left At The Light Onto E Ashley Ave. Home Is On The Left 17 Blocks Down

Courtesy of listing office Avocet Properties 

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Price & Status History (on heatherlord.com since Wed, Aug 1st 2018)
  • Original Price: $995,000
  • Current Price: $899,000
  • Price Reduced: $96,000
Date ChangedFromTo
06/21/2019$995,000 $899,000 Reduced by $96,000

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 The Boulevard Company, LLC 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 03-28-2024 11:53 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 03-28-2024 11:53 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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