Folly Beach, SC 29439
- 3Beds
- 3Full Baths
- N/AHalf Baths
- 1,305SqFt
- 1997Year Built
- 0.00Acres
- MLS# 16009214
- Residential
- Single Family Attached
- Sold
- Approx Time on Market5 months, 13 days
- AreaFolly Beach
- CountyCharleston
- Subdivision Charleston Oceanfront Villas
Overview
Beautiful oceanfront property at Folly Beach, SC. Just 15 minutes from historic, romantic Charleston, SC. Charleston Oceanfront Villas looks out on the Atlantic Ocean and is within walking distance of the Folly Pier, dining and entertainment. This condo, with gross revenue of $72,151 in 2015 is the second highest 3 bedroom income producer managed by us at COV. The building was completely renovated in 2008 at a cost of $4.5 million. New stucco and deck surfaces on the ocean side as well as new paint and deck surfaces on the street side. Upgraded swimming pool are for both pools. The seawall now meets FEMA 100 year surge requirements. This is saving homeowners over $5,000 a year in insurance costs. Regime fees and insurance costs are probably the lowest on the east coast.The property taxes are low compared with the rest of the eastern seaboard. We have high reserves designed to help pay for anticipated future capital expenses. The board commissions a capital reserve study approx. every five years in order to plan for future capital expenses. The City of Folly Beach and the Corps of Engineers signed a 50 year beach renourishment program in 1993. There are great relaxing ocean views from inside the condo living area and master bedroom, outside on the deck, from the pools and the beach. This marvelous gated community has two elevators for your use. In addition to the monthly regime fee, there is an annual insurance assessment fee of $1,806 for 2016.
Sale Info
Listing Date: 04-07-2016
Sold Date: 09-21-2016
Aprox Days on Market:
5 month(s), 13 day(s)
Listing Sold:
8 Year(s), 1 month(s), 26 day(s) ago
Original Asking Price: $750,000
Asking Price: $725,000
Selling Price: $700,000
Price Difference From Original:
Reduced By $50,000
Price Difference From Asking:
Reduced By $25,000
Agriculture / Farm
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Association Fees / Info
Community Features: Elevators, Gated, Pool, Trash
Bathroom Info
Fullbaths: 3
Building Info
Year Built: 1997
Floors: Ceramic Tile
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Misc Ext: Covered
Pool Private: Yes
Pool Features: In Ground
Garage / Parking
Gar Pkg: Off Street
Garage: No
Attached Garage: No
Green / Env Info
Interior Features
Interior Features: Ceiling - Smooth, Walk-In Closet(s), Ceiling Fan(s), Living/Dining Combo
Fireplace: No
Laundry Features: Dryer Connection
Lot Info
Lot Size Units: Acres
Acres: 0.00
Irrigation Water Rights: No
Offer Compensation
Other
Mobile Home Remains: No
Property Info
Property Type: A
Stories: 1
Foundation: Pillar/Post/Pier
Exterior: Stucco
New Construction: No
Roof: See Remarks
Building Area Units: Square Feet
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Condominium
Room Info
Beds: 3
Primary Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)
Sale / Lease Info
Sold Date: 2016-09-21T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Special Features
Sqft Info
Sqft: 1305
Unit Info
Unit: 212
Utilities / Hvac
Water Source: Public
Utilities: SCE & G
Heating: Yes
Heat: Heat Pump
Water Sewer: Public Sewer
Cooling: Central Air
Cooling: Yes
Waterfront / Water
Water Front Features: Beach Front, Seawall
Waterfront: Yes
Directions
From Center Street, Take Right Onto W Arctic Ave. Chas Oceanfront Villas Are On Your Left.Courtesy of listing office Dunes Properties of Chas Inc
MLS# 22018999 
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