Property Description Welcome to 509 W Ashley! Rare opportunity to grab a coveted oceanfront home on the west side of Folly! Priced exceptionally well based on the recent sale of the home next door for $3.3 million putting the lot value of this property at 2 million+. Located in the desirable 5th block of West Ashley, this 70'x150' (full lot) is even more desirable since the new building setbacks. The critical line is very close to the rear lot line which means that the buildable area is approximately 50' wide by 100' deep. The existing home was built in the 1950's and has had many updates recently. The new owners will have many options: keep the home, build a new home, or keep the home for now and build later.
Sub-Type: Single Family Detached
MLS Entry Date: 2021-02-05
List Price: $1,950,000
Current Price: $2,010,000
List Price/SqFt: 1128.47
Location, Tax & Legal
Tax Map #: 3281300063
Street #: 509
Street Name: Ashley
Street Suffix: Avenue
Zip Code: 29439
Area: 22 - Folly Beach to Battery Island
Tax District: 33 - Folly Beach
Subdivision: Folly Beach
Elementary School: James Island
Middle School: Camp Road
High School: James Island Charter
Legal Description: LT 505 W ARCTIC
Directions: Center Street turn on W Ashley. House is on the left on the 5th block.
General Property Info
Baths - Full: 2
Baths - Total: 2
Ground Level: No
Apx. SqFt: 1728
Lot Size: 70x150
Ownership: Fee Simple
Year Built: 1950
Potential Short Sale: No
Lease Purchase: No
HOA Fee: No
Special Assessment: No
Regime Fee: No
Status Change Info
Sold Date: 2021-04-30
Sold Price/SqFt: 1163.19
New Mortgage Type: Conventional
SqFt Source: Tax Records
SF Detached Style: Cottage; Ranch
Lot Description: 0 - .5 Acre; Beachfront; High; Ocean View
Misc Exterior: Deck; Porch - Front Porch
Foundation: Elv. Construction; Piling
Garage/Parking: 1.5 Car Garage; Off-Street Parking
Stories/Levels: 1 Story
Misc Interior: Ceiling - Smooth; Window Treatments - Some
As you enter this charming cottage, you are greeted by gorgeous views of the ocean and an expansive living area with high ceilings. The home has four bedrooms (2 on each side) and 2 new/updated baths. The covered porch provides cool shade while affording ocean views and breezes. It will be the favorite spot to sip your beverage in the morning and evenings. This quintessential front beach cottage combines the comfortable, relaxed feel of yesteryear with the amenities of today. Well cared for and loved, the current owner has made many upgrades. Original heart of pine bead board and hardwood floors throughout most of the home. The kitchen was renovated in 2009, one bath was renovated in 2016 and the other bath in 2019, designer lighting fixtures installed in 2018 and 2020, top of line Trane HVAC system in 2016, new roof only a few months old. The home is elevated and allows for parking under the home. The ground floor also has a storage area and a spacious laundry room.
Listing Office: Vacasa SC LLC
Last Updated: April - 30 - 2021
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Friday 7th of May 2021 09:59 AM
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