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1620 Folly Creek Way

1620 Folly Creek Way, Charleston, SC 29412
Property in Charleston
Sold Apr 12, 2022
$779,000
$623,200 by Southern Trust Mortgage Llc
Mortgage Due Apr 01, 2052
Sold Mar 21, 2017
$232,500
$275,000 by Carolina Alliance Bank
Mortgage Due Apr 01, 2047
1620 Folly Creek Way has been categorized by the local assessors in Charleston, SC as a residential type of property. The building on the property was first built in 2007 and is 17 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1620 Folly Creek Way has 1,746 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 431,863 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1620 Folly Creek Way was last sold in Mar 18, 2022 for $779,000. According to our calculations, that's $446.16 per sqft. Prior to that sales transaction, the property was sold for $232,500 in Mar 17, 2017. Current property owners are expected to pay $2,931 in taxes per year. The property on 1620 Folly Creek Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $19,270. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 431,863
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,746
  • Gross Building Area: 1,746
  • Building Area: 1,746
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,746
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALMETTO POINT AT PEAS ISLAND
  • Land Acres: 9.914
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: LEGAL DESCRIPTION SUBDIVISION NAME -PALMETTO POINT AT PEAS ISLAND DESCRIPTION -UNIT B1 SITE NAME - PALMETTO POINT @ PEAS ISLAND PLATSUFFIX XXX-W568532 POLTWP 009

Ownership

  • Current Owner : ASPLAND JOHN D
  • Current Owner 2: ASPLAND CHARLENE
  • Previous Owner : FORE ROBERT E
  • Owner Before Previous Owner: MILES MARK LANCASTER

Neighborhood

  • School District Name: Charleston County School District
  • School Tax School District: FOLLY BEACH
  • Census Tract: 002008

Geography

  • Assessors Map Reference: MB W568 PG 532
  • District: 37
  • Parcel: 331-00-00-051
  • Municipality: JAMES ISLAND
  • Latitude: 32.6807
  • Longitude: -79.9511

    Address

  • Full Address: 1620 Folly Creek Way
  • Address - House Number: 1620
  • Address - Street Name: Folly Creek
  • Address - Suffix Type: Way
  • State: SC
  • City Name: Charleston
  • Carrier Code: R005
  • 4-Digit Zip Code: 9590
  • Zip Code: 29412

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,931
  • Tax Rate Code Area: 3-7

    Appraisal Valuation

  • Standard Deviation: 0.203
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 72
  • Final Value: 817,101
  • High Value: 983,002
  • Low Value: 651,201

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $623,200
  • First Open Lien Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 12, 2022
  • First Open Lien Mortgage Loan Amount: $623,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $490,000
  • Market Land Value: $120,000
  • Market Improvement Value: $370,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,270

    Sales

  • Current Sale Contract Date: Mar 18, 2022
  • Current Sale Recording Date: Apr 12, 2022
  • Current Sale Transaction ID: 11891852855
  • Current Sale Price: $779,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 21, 2017
  • Previous Sale Contract Date: Mar 17, 2017
  • Previous Sale Amount: $232,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 12, 2022
  • First Mortgage Loan Amount: $623,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CAROLINA ALLIANCE BANK
  • Previous Mortgage Transaction Date: Mar 21, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $275,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Apr 01, 2047

About Folly Beach



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Frequently Asked Questions

What neighborhood is 1620 Folly Creek Way located in?
The 1620 Folly Creek Way is a located in the neighborhood of Charleston in Folly Beach, Charleston.
What is the average sales price for listings in 1620 Folly Creek Way?
The average sales price for units in 1620 Folly Creek Way is $0 currently.

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