NOT LISTED FOR SALE

304 E Erie Ave Folly Beach, SC 29439

Estimated Value: $2,301,000 - $3,238,000

5 Beds
5 Baths
3,046 Sq Ft
$874/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $2,550,000 $837 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $17,695/month

26 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Cathedral Ceiling
  • James Island Elementary School Rated A-
  • Traditional Architecture
  • Bamboo Flooring

About This Home

As of August 2022

Folly's Iconic Lizard House is a MUST SEE home! Extensively renovated in 2020 & 2021 and the exterior is being painted June 2022. This piece of Folly history, provides luxury lifestyle living and large group entertaining under a canopy of oaks overlooking a private tropical oasis and a zero entry, heated/cooled pool. Treasured by many, this open and inviting 5BD/5 BA, 2982sf renovated home also enjoys an additional 1400sf that is grandfathered space that has been finished to include a full gym 25x12, extensive workshop/owner's closet 28x15 and a screened outside kitchen w/ eating area steps from the pool and pizza oven! The front of this special home enjoys casement windows and French doors capturing all the outside beauty of the oaks while you enjoy the ocean breezes and sounds of the sur- vaulted ceilings and skylights amplify the natural beauty of the oak canopied property. The light filled first floor primary bedroom leads onto the expansive deck overlooking the pool. A guest room and ensuite bath along with a study flanked by antique Chinese doors provide very comfortable one level living with an elevator providing easy access to all 4 levels. Two additional guest rooms on the second level both have private balconies and share a guest bath adorned with a sculpted banana tree for a touch of whimsy. Guests can reach the 5th bedroom by elevator of spiral staircase which includes a half bath. An additional spiral staircase off the third level leads you to a spacious rooftop patio with sun screens that was renovated in 2021. This incredible spot provides the perfect stargazing spot above the tree line and captures a panoramic view of Folly Island from the Folly River to the Atlantic with glorious sunset views. The 1400sf first level space provides endless possibilities. Current owner has an extensive workshop 28x15 with vacuum system under the subfloor, gym 25x12 overlooking a water fountain, a screened outdoor kitchen with sink and mini refrigerator. The 2020/21 renovations are listed as a separate document and include opening up the floorplan, new kitchen featuring leathered stone countertops, custom soft close cabinets, 5 burner gas cooktop and custom hood, newly created butler pantry, study and laundry room with custom cabinets, and the addition of a newly constructed ipe deck with cable rails spanning the entirety of the home and overlooking the 2020 heated/chilled gunite zero entry pool. With six queen beds, a king and a double day bed with three decks as well as a two plus car garage and eight off street parking places you are ready to accommodate family and house guests. While the property is centrally located just 500' from the beach, two blocks to Center Street restaurants/shopping and one block to Bert's market you and your guests will enjoy the convenience of all Folly has to offer while relishing in the quiet privacy only a rare few properties on the island possess!

Last Agent to Sell the Property

Grace Vandiver

BHHS Bay Street Realty Group Listed on: 05/12/2022

Last Buyer's Agent

Georgia Bell

William Means Real Estate, LLC License #2806

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,063

Year Built

  • Built in 1996

Lot Details

  • 10,454 Sq Ft Lot
  • Elevated Lot
  • Privacy Fence
  • Wood Fence
  • Irrigation

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Raised Foundation
  • Metal Roof
  • Cement Siding

Interior Spaces

  • 3,046 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Stubbed Gas Line For Fireplace
  • Gas Log Fireplace
  • Thermal Windows
  • Window Treatments
  • Insulated Doors
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Utility Room
  • Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Bamboo
  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Adaptable For Elevator

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Separate Outdoor Workshop

Schools

  • James Island Elementary School
  • C E Williams Middle School
  • James Island Charter High School

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater
  • Septic Tank

Community Details

Overview

  • Folly Beach Subdivision

Recreation

  • Tennis Courts
  • Park
  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,063

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1996
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.24
  • Ownership: Fee Simple
  • Subdivision Name: Folly Beach
  • Directions: Left Off Center Onto E. Erie. Home Is Second Home On Left After 2nd St. Home Sits Back Off Street So You'll Be Welcomed By A Bright Purple Gate Park In The Direction Of The Traffic. Home Is 500' From Beach Access
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 3 Stories
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 3
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer, ENERGY STAR Qualified Appliances, Tankless Water Heater
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Some Thermal Door(s)
  • Fireplace Features: Family Room, Gas Connection, Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood, Bamboo
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Ceiling - Smooth, Elevator, Kitchen Island, Walk-In Closet(s), Wet Bar, Ceiling Fan(s), Eat-in Kitchen, Living/Dining Combo, Office, Other (Use Remarks), Pantry, Utility
  • Window Features: Some Thermal Wnd/Doors, Skylight(s), Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Outside Access, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Metal
  • Fencing: Privacy, Fence - Wooden Enclosed
  • Lot Features: 0 - .5 Acre, High
  • Pool Features: In Ground
  • Pool Private: Yes
  • Construction Type: Brick, Cement Plank
  • Exterior Features: Balcony, Elevator Shaft, Lawn Irrigation, Lighting
  • Foundation Details: Raised
  • Other Structures: Workshop
  • Patio And Porch Features: Deck, Patio, Covered, Porch - Full Front
  • Property Condition: Pre-Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage, Attached, Off Street, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Dog Park, Park, Tennis Court(s)

Schools

  • Elementary School: James Island
  • High School: James Island Charter
  • Middle Or Junior School: C E Williams

Lot Info

  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3281500209
  • Tax Annual Amount: 5063

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Aug 8, 2022
Sold by
Vandiver Living Trust
Bought by
Serenity Shores Llc
Seller's Agent
Grace Vandiver
BHHS Bay Street Realty Group
Buyer's Agent
Georgia Bell
William Means Real Estate, LLC
List Price
$2,750,000
Sold Price
$2,550,000
Premium/Discount to List
-$200,000
-7.27%
Current Estimated Value
$2,663,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,300
Avg. Annual Appreciation
1.44%
Original Mortgage
$2,040,000
Interest Rate
4.26%

Purchase Details

Listed on
Aug 1, 2019
Closed on
Dec 5, 2019
Sold by
Word Doyle B and Word Jane W
Bought by
Vandiver Joseph L and Vandiver Living Trust
Seller's Agent
Grace Vandiver
BHHS Bay Street Realty Group
Buyer's Agent
Grace Vandiver
BHHS Bay Street Realty Group
List Price
$1,500,000
Sold Price
$1,300,000
Premium/Discount to List
-$200,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.58%
Original Mortgage
$1,040,000
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 5, 2014
Sold by
Word Doyle B and Word Jane D
Bought by
Word Doyle B and Word Jane W

Purchase Details

Closed on
Aug 14, 2007
Sold by
Word Doyle B and Word Jane W
Bought by
Word Doyle B and Word Jane D

Purchase Details

Closed on
Aug 30, 2004
Sold by
Edwards Mary Stanley
Bought by
Word Doyle B and Word Jane W
Source: Public Records

Range of Values:

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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
Serenity Shores Llc $2,550,000 --
Vandiver Joseph L $1,300,000 None Available
Word Doyle B -- --
Word Doyle B -- None Available
Word Doyle B $620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serenity Shores Llc $2,083,500
Closed Serenity Shores Llc $2,040,000
Previous Owner Vandiver Living Trust $1,024,000
Previous Owner Vandiver Joseph L $1,040,000
Previous Owner Word Doyle $250,000
Previous Owner Word Doyle B $366,971
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $2,550,000 -7.3% $837 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $2,750,000 +111.5% $903 / Sq Ft
12/05/2019 12/05/19 Sold $1,300,000 -13.3% $436 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $1,500,000 -- $503 / 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 $37,360 $153,000 $0 $0
2023 $37,360 $102,000 $0 $0
2022 $4,877 $53,200 $0 $0
2021 $5,063 $53,200 $0 $0
2020 $17,445 $52,000 $0 $0
2019 $2,490 $23,740 $0 $0
2017 $2,380 $25,740 $0 $0
2016 $2,279 $25,740 $0 $0
2015 $2,381 $25,740 $0 $0
2014 $2,105 $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: 22012144

CHS Regional MLS

APN: 328-15-00-209