NOT LISTED FOR SALE

116 W Erie Ave Folly Beach, SC 29439

Estimated Value: $1,528,000 - $1,952,000

4 Beds
3 Baths
2,000 Sq Ft
$874/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $1,355,000 $678 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,480/month

14 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Skylights
  • James Island Elementary School Rated A-
  • Wood Flooring
  • 5-minute walk to Folly River Park

About This Home

As of February 2022

Great property on Folly beach just a few minutes to Center Street and all it has to offer. Single family home with multiple options on lot ZONED RESIDENTIAL TWO FAMILY and allows for 2 residential units. Convert existing home into two apartments or possibly build a second cottage (Currently a Vacation Rental), Several entrances front and back. Two ductless HVAC systems were installed in 2016, new Septic system in 2017, new 30 year roof was added in 2015. Downstairs includes a large open room with living room and dining and kitchen. **There is one full bedroom and one full bath and a nice screened porch. Upstairs is another 3 bedrooms and 2 full baths and could easily be converted to a separate apartment. There are many options with the layout including making one of the large bedroomsinto a living room. There is also a large laundry room off of one of the bedrooms, a nice deck and a screened porch off another. Outside is a large 400 sq ft workshop.This property has numerous possibilities and one of the few left that are zoned RTF. If a buyer doesn't want to turn the current home into a duplex they have the option of building a second structure on the property. Don't miss out on this great opportunity. PLEASE NOTE. THE ENTIRE UPSTAIRS was added around 2002. At that time all new plumbing and electrical was installed in entire house. The original footprint was never changed.

Last Agent to Sell the Property

Ryan Tisdale

Carolina One Real Estate License #51964 Listed on: 11/23/2021

Carolina One Real Estate

Co-Listed By

Dan Cook

Carolina One Real Estate License #80858

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,280

Year Built

  • Built in 1946

Lot Details

  • 10,454 Sq Ft Lot
  • Wood Fence
  • Aluminum or Metal Fence
  • Interior Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Wood Siding
  • Masonry

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Combination Dining and Living Room
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Screened Patio
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,280

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1946
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.24
  • Co List Office Mls Id: 1190
  • Co List Office Phone: 843-795-7810
  • Subdivision Name: None
  • Directions: Center Street Take Right Onto W Erie. House On Right Or Center Street, Take A Right Onto W Hudson, House Is On The Left
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Laminate, Wood
  • Interior Amenities: Ceiling - Smooth, Ceiling Fan(s), Living/Dining Combo
  • Window Features: Skylight(s), Window Treatments
  • Master Bedroom Features: Ceiling Fan(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Architectural
  • Fencing: Fence - Metal Enclosed, Fence - Wooden Enclosed
  • Lot Features: Interior Lot
  • Construction Type: Block/Masonry, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Front Porch, Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Carolina Water Service, Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3281400213
  • Tax Annual Amount: 7280.08

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2016
Closed on
Sep 22, 2016
Sold by
Perry James H
Bought by
Mcintyre Larry S and Wagner Kristin E
Buyer's Agent
Ryan Tisdale
Carolina One Real Estate
List Price
$515,000
Sold Price
$515,000
Current Estimated Value
$1,747,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,232,296
Avg. Annual Appreciation
13.61%
Original Mortgage
$463,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 9, 2000
Sold by
Kiger Perry Hilda Christine
Bought by
Perry James H
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
Mcintyre Larry S $515,000 --
Perry James H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcintyre Larry S $434,000
Closed Mcintyre Larry S $463,500
Previous Owner Perry James H $91,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $1,355,000 +0.4% $678 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $1,350,000 +162.1% $675 / Sq Ft
09/23/2016 09/23/16 Sold $515,000 0.0% $247 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $515,000 -- $247 / 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 $15,024 $60,980 $0 $0
2023 $15,024 $60,980 $0 $0
2022 $7,523 $32,100 $0 $0
2021 $7,374 $32,100 $0 $0
2020 $7,280 $32,100 $0 $0
2019 $7,383 $30,900 $0 $0
2017 $7,015 $30,900 $0 $0
2016 $1,420 $16,060 $0 $0
2015 $1,466 $16,060 $0 $0
2014 $1,224 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 21031139

CHS Regional MLS

APN: 328-14-00-213