NOT LISTED FOR SALE

113 W Erie Ave Folly Beach, SC 29439

Estimated Value: $988,000 - $1,021,000

2 Beds
1 Bath
525 Sq Ft
$1,912/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $800,000 $1,524 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,465/month

31 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Screened Patio
  • James Island Elementary School Rated A-
  • Interior Lot
  • 4-minute walk to Folly River Park

About This Home

As of May 2023

Welcome to your dream coastal cottage known as Casita Azul, just three blocks from the beach! This cottage has been charming up Folly Beach since 1945. This home is 525 sq Ft and contains two bedrooms and one bathroom. This home is completely turnkey and comes fully furnished and offers off-street parking and generously sized privacy-fenced backyard. This residence has custom touches such as a mosaic tile backsplash, stainless farmhouse sink, floating shelves, and updated cabinetry. The property next door is also for sale and was rented out short term. While new short term rentals are no longer available, this property and the one for sale next door are zoned commercially so the opportunities are endless.While new short term rentals are no longer available, this property and the one for sale next door are zoned commercially so the opportunities are endless. Rentals can still take place as long as a lease is 30+ days or this would make a great studio or gallery space.

In 2017, the home was upgraded to include 3-Zone Minisplit HVAC system and iron railing and new porch roof overhang. In 2018, upgrades included a crawl space vent fan, new back porch decking, new refrigerator, and the installation of hurricane-rated windows. In 2019 a new silicone roof coating was applied as well as a metal roof over the rear porch. In 2020, a new kitchen was installed as well as new drywall and insulation throughout the entire interior.

This charmer is Folly Beach personified and truly a gem. Do not miss this opportunity!

Last Agent to Sell the Property

Taylor Charpia

The Boulevard Company License #81180 Listed on: 03/16/2023

The Boulevard Company

Last Buyer's Agent

Rob Diprima

My Ocean Rental LLC License #45571

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,355

Year Built

  • Built in 1945

Lot Details

  • 2,614 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Interior Lot
  • Level Lot

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Spanish Architecture
  • Cottage
  • Masonry

Interior Spaces

  • 525 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Wood Flooring
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Screened Patio

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Community Details

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,355

Year Built

Built in 1945

Lot Details

0

HOA Fees

$7 per month

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage, Spanish
  • Year Built: 1945
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.06
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: From Center Street, Take A Right On W Erie Ave, And Home Is On Right
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Ground Level
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Ceiling - Smooth
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Fencing: Privacy, Fence - Wooden Enclosed
  • Lot Features: .5 - 1 Acre, Interior Lot, Level
  • Construction Type: Block/Masonry
  • Foundation Details: Crawl Space
  • Other Structures: None
  • Patio And Porch Features: Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trash, Walk/Jog Trails
  • Association Fee: 80
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3281400482
  • Tax Annual Amount: 6355

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2021
Sold by
Donehue John W
Bought by
Donho Properties Llc
Current Estimated Value
$1,003,813

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 4, 2021
Sold by
Logic Linear Llc
Bought by
Donehue John W
Seller's Agent
Carrie Rosen
Sweet Grass Real Estate, LLC
Buyer's Agent
Taylor Charpia
The Boulevard Company
List Price
$600,000
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.95%
Original Mortgage
$450,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2017
Closed on
May 9, 2017
Sold by
Church Craig Tanya T
Bought by
Logic Linear Llc
Seller's Agent
Behren Kittrell
Charleston Flat Fee Real Estate
Buyer's Agent
Walid Ismail
Ismail Real Estate LLC
List Price
$253,500
Sold Price
$253,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.37%

Purchase Details

Listed on
Apr 13, 2017
Closed on
May 5, 2017
Sold by
Rawls James T and Rawls Darlene O
Bought by
Craig Tanya T Church
Seller's Agent
Behren Kittrell
Charleston Flat Fee Real Estate
Buyer's Agent
Walid Ismail
Ismail Real Estate LLC
List Price
$253,500
Sold Price
$253,500
Source: Public Records

Range of Values:

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Average Value
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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
Donho Properties Llc $450,000 None Listed On Document
Donehue John W $600,000 None Available
Logic Linear Llc -- None Available
Craig Tanya T Church $507,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donehue John W $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $800,000 -11.0% $1,524 / Sq Ft
04/09/2023 04/09/23 Price Changed $899,000 -7.8% $1,712 / Sq Ft
03/16/2023 03/16/23 For Sale $975,000 +62.5% $1,857 / Sq Ft
03/08/2021 03/08/21 Sold $600,000 0.0% $1,143 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $600,000 +136.7% $1,143 / Sq Ft
05/17/2017 05/17/17 Sold $253,500 0.0% $452 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $253,500 -- $452 / Sq Ft
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 $11,873 $48,000 $0 $0
2023 $11,873 $27,000 $0 $0
2022 $6,355 $27,000 $0 $0
2021 $3,672 $15,600 $0 $0
2020 $3,626 $15,600 $0 $0
2019 -- $15,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 23005771

CHS Regional MLS

APN: 328-14-00-482