1703 Ashley Avenue, Folly Beach, SC 29439 (MLS# 18021560)

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$899,000
1703 Ashley Avenue
Folly Beach, SC 29439
MLS# 18021560
Status: Closed
2 beds  |  2 baths  |  1360 sqft


1703 Ashley Avenue, Folly Beach, SC 29439
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Property Description
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.

Details
Maps
Documents
Contract Info
Sub-Type: Single Family Detached
MLS List Date: 2018-08-01
Status: Closed
List Price: $899,000
Current Price: $800,000
Location, Tax & Legal
Tax Map #: 4391600049
Street #: 1703
Street Name: Ashley
Street Suffix: Avenue
County: Charleston
State: SC
Zip Code: 29439
Area: 22 - Folly Beach to Battery Island
Tax District: 33 - City of Folly Beach
Subdivision: Folly Beach
Elementary School: James Island
Middle School: James Island
High School: James Island Charter
Legal Description: lot 2188
Directions: Center Street turn left at the light onto E Ashley Ave. Home is on the left 17 blocks down
General Property Info
Bedrooms: 2
Baths - Full: 2
Baths - Total: 2
Stories: 1
Primary Structure Apx SqFt: 1360
Year Built: 1978
Acreage: 0.19
Potential Short Sale: No
C/R: No
Lease Purchase: No
HOA Fee: No
Auction: No
Tax/Fees
Special Assessment: No
Regime Fee: No
Office/Member Info
Buyers Agency Compensation: 3
Buyers Agency Compensation Type: %
Status Change Info
Sold Date: 2019-08-16
Sold Price/SqFt: 588.24
New Mortgage Type: Cash
Property Features
SqFt Source: Tax Records
SF Detached Style: Contemporary
Lot Description: 0 - .5 Acre; Beachfront; Ocean View
Misc Exterior: Deck
Roof: Asphalt Shingle
Exterior: Vinyl Siding
Foundation: Elv. Construction
Garage/Parking: Off-Street Parking
Stories/Levels: 1 Story
Misc Interior: Ceiling - Cathedral/Vaulted; Ceiling - Smooth; Window Treatments - All
New Owned: Pre-Owned
Rooms: Family; Laundry; Living/Dining Combo
Cooling: Central Air
Floors: Laminate
Equipment/Appliances: Ceiling Fan; Dishwasher; Dryer; Dryer Connection; Electric Range; Refrigerator; Washer; Washer Hookup
Water/Sewer: Public Water; Septic
Heat: Electric; Heat Pump
Possession: At Closing
Utility Suppliers: SCE & G
Proposed Financing: Any
Assumable: No

Listing Office: Avocet Properties

Last Updated: May - 12 - 2020

1703 Ashley Avenue, Folly Beach, SC 29439 - MLS# 18021560
The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.

Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


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