NOT LISTED FOR SALE

1020 E Erie Ave Folly Beach, SC 29439

Estimated Value: $1,347,000 - $3,436,565

0.24 Acre
$10,279,754 Price per Acre
10,454 Sq Ft Lot

Last Sold April 09, 2021

Last sale price $395,000

Est. 525% increase in value since last sale

Current estimated payment $13,934/month

1 Day on Market

About This Lot

As of April 2021

Beautiful corner lot on quiet E Erie with views of the marsh and Folly River across the street. Just a short walk to the beach (5th row), this lot is waiting for you to build your dream home, second home or amazing investment property. There are beautiful mature trees on the property, including a majestic oak and amazing tall palm trees. Per the city, the 10,500sq ft lot is approved for a 3600sq ft dwelling, 35% lot coverage.

Last Agent to Sell the Property

Jennifer Robinson

Carolina One Real Estate License #46001 Listed on: 03/03/2021

Carolina One Real Estate

Last Buyer's Agent

Sebrina Leigh-Jones

Luxury Simplified Real Estate, INC License #104680

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,358

Lot Details

  • 10,454

Schools

  • James Island Elementary School
  • Camp Road Middle School
  • James Island Charter High School

Additional Features

  • 10,454 Sq Ft Lot
  • Beach Access
  • No Utilities

Property Details

Property Type

Land

Est. Annual Taxes

$3,358

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.24
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: Folly Rd To Center St, Right On E Cooper, Left On E Erie, Lot Is On The Corner Of E Erie And Seacrest Lane
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: Beach Access

Garage/Parking

  • Open Parking: No

Utilities

  • Electricity On Property: No
  • Utilities: None

Schools

  • Elementary School: James Island
  • High School: James Island Charter
  • Middle Or Junior School: Camp Road

Lot Info

  • Development Status: Raw Land
  • Lot Size Sq Ft: 10454.4
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3281600215
  • Tax Annual Amount: 3358

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
May 11, 2021
Sold by
Wells Kolb R and Wells John
Bought by
Atwell Joseph Richard and Atwell Allison P
Seller's Agent
Jennifer Robinson
Carolina One Real Estate
Buyer's Agent
Sebrina Leigh-Jones
Luxury Simplified Real Estate, INC
List Price
$325,000
Sold Price
$395,000
Premium/Discount to List
$70,000
21.54%
Current Estimated Value
$2,467,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,072,141
Avg. Annual Appreciation
52.86%

Purchase Details

Listed on
Mar 3, 2021
Closed on
Mar 31, 2021
Sold by
Newman Stephen C and Newman Eva Leland
Bought by
Wells Kolb R and Wells John
Seller's Agent
Jennifer Robinson
Carolina One Real Estate
Buyer's Agent
Sebrina Leigh-Jones
Luxury Simplified Real Estate, INC
List Price
$325,000
Sold Price
$395,000
Premium/Discount to List
$70,000
21.54%

Purchase Details

Closed on
Sep 30, 2019
Sold by
Newman Austin Cooper
Bought by
Newman Stephen C and Newman Eva Leland

Purchase Details

Closed on
Apr 10, 2019
Sold by
Healy Lilly O
Bought by
Newman Stephen C and Newman Austin Cooper

Purchase Details

Closed on
Dec 22, 2015
Sold by
Newman Stephen H
Bought by
Newman Stephen H

Purchase Details

Closed on
May 7, 2003
Sold by
Newman Renee C
Bought by
Newman Stephen H and The Renee C Newman Family Tr Agreement
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Atwell Joseph Richard $595,000 None Available
Wells Kolb R $395,000 Harvey & Vallini Llc
Newman Stephen C -- None Available
Newman Stephen C -- None Available
Newman Stephen H -- --
Newman Stephen H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atwell Allison P $470,000
Open Atwell Allison P $1,600,000
Closed Atwell Allison P $1,569,440
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $395,000 +21.5% --
03/05/2021 03/05/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $325,000 -- --
Source: CHS Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,218 $68,000 $0 $0
2023 $6,218 $68,000 $0 $0
2022 $8,212 $35,700 $0 $0
2021 $3,402 $15,000 $0 $0
2020 $3,358 $15,000 $0 $0
2019 $3,537 $15,000 $0 $0
2017 $2,694 $12,000 $0 $0
2016 $2,601 $12,000 $0 $0
2015 $2,465 $12,000 $0 $0
2014 $3,134 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Robinson

    Seller's Agent in 2021

    Jennifer Robinson

    Carolina One Real Estate

    (843) 884-1800

    1 in this area

    50 Total Sales

    Jennifer Robinson
    Section Image

  • S

    Buyer's Agent in 2021

    Sebrina Leigh-Jones

    Luxury Simplified Real Estate, INC

    (843) 801-4583

    2 in this area

    8 Total Sales

    Sebrina Leigh-Jones
    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 21005539

CHS Regional MLS

APN: 328-16-00-215

South Carolina Charleston County Folly Beach 29439

1020 E Erie Ave, Folly Beach, SC

This home is located at 1020 E Erie Ave, Folly Beach, SC 29439 since 03 March 2021 and is currently estimated at $2,467,141. 1020 E Erie Ave is a home located in Charleston County with nearby schools including James Island Elementary School and Camp Road Middle.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

CHS Regional MLS The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2025 Charleston Trident MLS. All Rights Reserved

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