25 days on rocket

218 W Ashley Ave, Folly Beach, SC, 29439

$1,299,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths
1,562 SqFt
$832/SqFt
House
Schools Nearby

Location

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218 W Ashley Ave, Folly Beach$1,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1996
HeatingElectric
CoolingCentral Air
WaterfrontBeach
MLS #24008331
Lot Size0.24 Acres
StatusActive

About 218 W Ashley Ave

Welcome to 218 West Ashley, where a rare opportunity awaits to own a turn-key duplex home on one of Folly's most coveted lots. Situated just one block from the beach and a mere two blocks from the vibrant hub of Center Street's restaurants, shops, and bars, this property offers the epitome of coastal living convenience.An enviable location, this home is a stone's throw away from Folly's beloved third-block beach access, complete with public amenities such as bathrooms and showers. Nestled on a private street-to-street lot spanning nearly a quarter of an acre, and preferably positioned on the west side of Folly Beach, this residence offers unparalleled charm and potential.Parking is a breeze with ample off-street parking for up to 6 cars, a rare find on Folly Beach.With rental projections supporting $3000 a month for each side, this property offers lucrative investment potential. Inside, each unit is tastefully furnished to accommodate guests, ensuring comfort and convenience with 2 bedrooms and 2 full bathrooms on each side. It has everything needed for a serene beach retreat, including updated kitchens and bathrooms, elegant hardwood floors, and abundant natural light. The exterior of this home offers an outdoor oasis. Below the elevated duplex, discover a charming common area ideal for picnicking or seeking refuge from the sun. Each unit features its own covered porch, offering views of the expansive yard, glimpses of the ocean, and refreshing sea breezes throughout the day. Endless Possibilities Await: ~Utilize one side as your personal beach haven while renting out the other side on a monthly or long-term basis. ~Live in one side as a primary residence and keep the other side on a short term rental program. ~Redesign the current structure to create a spacious single-family beach retreat, with plenty of room for customization, including the addition of a pool. Opportunities like this are a rarity. Don't miss your chance to own this coastal oasis by the sea. Schedule your viewing today and seize the opportunity to experience the quintessential Folly Beach lifestyle firsthand.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1996
  • Stories: 1
  • Living Area: 1,562 SqFt

Listing Office:

  • Office Name: Daniel Ravenel Sotheby's International Realty

Interior Features

Interior Information:

  • Flooring Type: Wood
  • Interior: Ceiling - Blown, Ceiling - Smooth

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Beach

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • James Island Charter High School, Public Charter Grades 9-12

Other

Directions Information:

  • Directions: Take Folly Road To W Cooper Turn Right On W Cooper. Home Is A Few Blocks Down On Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000
  • Price Per SqFt: $832/SqFt

Tax Information:

  • Annual Amount: $7,275
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Folly Beach, SC.

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Folly Beach, SC

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$562

# of Sold Homes

1

218 W Ashley Ave vs Folly Beach

25 DAYS ON ROCKET

$1,299,000

+$261.5K More

$832/SqFt

+$270 More

KEY TAKEAWAY

This property is $261.5K more than the Median Sold Price and $270/SqFt more than other homes in Folly Beach, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24008331

Listing Office:

  • Office Name: Daniel Ravenel Sotheby's International Realty

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the CHS Multiple Listing Service. Those properties marked with the CHS MLS Approved logo are provided courtesy of the CHS MLS Broker Reciprocity Database. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data deemed reliable but not guaranteed accurate by the MLS.
Copyright © 2024 Charleston Trident Association of REALTORS®
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 2:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 13, 2017Home Sold
$531,500
May 28, 2010Home Sold
$425,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,275$31,890
2018$7,543$31,890
2017$4,371$24,440

History based on county public records data.

Payment Calculator

$6,551

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-3461183
7
/10

  • James Island Charter High School

  • 1000 Fort Johnson Rd

  • 5.40 miles

  • Public Charter Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,293. Typical income of Folly Beach, SC residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 218 W Ashley Ave

What is the listing price of this property?

The listing price of 218 W Ashley Ave property is $1,299,000.

What type of property is this?

The property 218 W Ashley Ave is a house located in Folly Beach, South Carolina, 29439.

Is this property for sale now?

Active Listing: 218 W Ashley Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 218 W Ashley Ave are:
James Island Charter High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,275 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 13, 2017 for $531,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 218 W Ashley Ave has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 218 W Ashley Ave is 1,562 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 218 W Ashley Ave is 1996.

Rocket Homes›South Carolina›Charleston County›Folly Beach›29439›218 W Ashley Ave

This home is located at 218 W Ashley Ave in Folly Beach, SC and zip code 29439. This 1,562 square foot home, which was built in 1996, sits on a 0.24 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $1,299,000.

In March 2024, from all listings sold in Folly Beach, SC there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. The number of listings in Folly Beach, SC increased by 22.6% between February 2024 and March 2024.

From Rocket Homes Real Estate and based on county public records data.

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