$699,000 | 4 beds | 3 full baths | 1 half baths | 3,027 sqft

$660,000
436 W Indian Avenue
Folly Beach, SC 29439
  • 4Beds
  • 3Full Baths
  • 1Half Baths
  • 3,027SqFt
  • 2003Year Built
  • 0.27Acres
  • MLS# 1315696
  • Residential
  • Single Family Detached
  • Sold

  • Approx Time on Market6 months, 10 days
  • AreaFolly Beach
  • CountyCharleston
  • Subdivision Sunset Point

Overview

This home will make a great primary residence or second/vacation home. The projected gross rental income is $45,000.00-$55,000.00. This is a well built home on Folly Beach tucked away near the end of a quiet street. The property backs up to marsh/wetlands providing tons of privacy and wonderful views of wildlife and sunset skies. The home has an open floor plan which allows for expansive views of the marsh/wetlands from most rooms. The family room features a fireplace and tray ceiling. The lower level has two very large garages and an air-conditioned playroom. The playroom leads to the in-ground swimming pool that is heated by solar panels. (Note: playroom is not included in the stated square footage). Some of the features are elevator, hardwood floors, solid surface countertops, highgrade vinyl siding, and roll down hurricane shutters. Furthermore, there are 28 below-ground concrete pilings that hook into a slab foundation. The outside walls of the ground floor are concrete-filled and rebarred block walls. Looking for a second home with good vacation rental income? Between the enormous amount of sleeping space (at least 12 people comfortably), the great decks with awesome views, the pool with what we call ""Follyball"" option, and the large room downstairs for ping pong or pool table, this will quickly become a favorite pick for vacationers. This property is in an AE zone and flood insurance is only $422.00/year. Best deal on the island: 3000sqft x $175.00/sqft= $525,000.00 ++. Lot value of $250,000-$300,000. Pool Value of ????. Add it up and you know you're getting a deal.



Sale Info

Listing Date: 06-16-2013

Sold Date: 12-27-2013

Aprox Days on Market: 
    6 month(s), 10 day(s)

Listing Sold: 
   10 Year(s), 10 month(s), 20 day(s) ago

Original Asking Price: $699,000

Asking Price: $699,000

Selling Price: $660,000

Price Difference From Original: 
Reduced By $39,000

Price Difference From Asking: 
Reduced By $39,000

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

Bathroom Info

Halfbaths:  1

Fullbaths:  3

Building Info

Levels:  Two

Window Features:  Thermal Windows/Doors

Year Built:  2003

Floors:  Ceramic Tile, Wood

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Fencing:  Vinyl

Misc Ext:  Screened

Exterior Features:  Lawn Irrigation

Pool Private:  Yes

Pool Features:  In Ground

Style:  Traditional

Garage / Parking

Gar Pkg:  3 Car Garage, Attached, Garage Door Opener

Garage:  Yes

Attached Garage:  Yes

Green / Env Info

Interior Features

Desclocation:  Family Room

Interior Features:  Ceiling - Smooth, High Ceilings, Elevator, Kitchen Island, Ceiling Fan(s), Eat-in Kitchen, Family, Game, Office, Pantry, Separate Dining

Fireplace:  Yes

Laundry Features:  Dryer Connection, Laundry Room

Lot Info

Lot Size:  0.27

Lot Desc:  Cul-De-Sac

Lot Size Units:  Acres

Acres:  0.27

Lot Sqft:  11761.2

Irrigation Water Rights:  No

Offer Compensation

Other

Mobile Home Remains:  No

Property Info

Property Type:  A

Stories:  2

Foundation:  Raised

Exterior:  Vinyl Siding

New Construction:  No

Roof:  Architectural

Building Area Units:  Square Feet

View:  No

Home Warranty:  No

Habitable Residence:  No

Room Info

Beds:  4

Primary Bedroom Features:  Ceiling Fan(s), Dual Masters, Multiple Closets, Walk-In Closet(s)

Room Master Bedroom Level:  Lower

Sale / Lease Info

Sold Date:  2013-12-27T00:00:00

Lease Renewal Option:  No

Lease Considered:  No

Lease Assignable:  No

Special Features

Sqft Info

Sqft:  3027

Unit Info

Utilities / Hvac

Water Source:  Public

Utilities:  Charleston Water Service, SCE & G

Heating:  Yes

Heat:  Forced Air

Water Sewer:  Public Sewer

Cooling:  Yes

Waterfront / Water

Water Front Features:  Marshfront

Waterfront:  Yes

Schools

Elem:  James Island

Middle:  James Island

High:  James Island Charter

Directions

Coming Onto The Island, Make The First Right Onto West Indian Ave. Go All The Way To The End. The House Is On The Right.

Courtesy of listing office Avocet Properties 

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On kennedyrealty.com since Sun, Jun 16th 2013
No Property History recorded for this listing.

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