NOT LISTED FOR SALE

306 E Erie Ave Folly Beach, SC 29439

Estimated Value: $1,119,000 - $1,484,113

0.24 Acre
$5,754,283 Price per Acre
10,454 Sq Ft Lot

Last Sold January 06, 2017

Last sale price $250,000

Est. 478% increase in value since last sale

Current estimated payment $8,089/month

198 Days on Market

Highlights

  • Beach Access
  • Wooded Lot
  • Elevated Lot
  • James Island Elementary School Rated A-

About This Lot

As of January 2017

One of the best priced full sized lots remaining on Folly Beach priced at $300,000. Don't buy an old Folly cottage when both David Weekly and Crescent Homes will build your new energy efficient home on your lot. You can be ''all -in'' for less than $600,000 and only be a few blocks from Central and even closer to the Beach!There aren't many good lots left - this is a good lot so act now!!!Just two blocks from the beach, the lot area, which measures 70 x 150 feet, runs street to street. It is conveniently located to the ocean. A short walk or bike ride from restaurants, shopping and the popular Folly Beach pier; yet it is distanced enough to offer quiet and privacy.

Last Agent to Sell the Property

Norm Cooper

Brand Name Real Estate License #53065 Listed on: 05/23/2016

Brand Name Real Estate

Last Buyer's Agent

Norm Cooper

Brand Name Real Estate License #53065 Listed on: 05/23/2016

Brand Name Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,465

Lot Details

  • 10,454 Sq Ft Lot
  • Elevated Lot
  • Wooded Lot

Schools

  • James Island Elementary And Middle School
  • James Island Charter High School

Community Details

Overview

  • Folly Beach Subdivision

Recreation

  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$2,465

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.24
  • Road Frontage Type: City Street
  • Subdivision Name: Folly Beach
  • Directions: From Central Take A Left Onto East Erie.3rd Block Down.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: High, Wooded
  • Waterfront Features: Beach Access

Garage/Parking

  • Open Parking: No

Schools

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

Lot Info

  • Development Status: Finished Lot(s), Raw Land, Rough Grade
  • Lot Size Sq Ft: 10454.4
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3281500208
  • Tax Annual Amount: 2464.6

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2020
Sold by
Diprima Robert L and Diprima Cathryn Claire
Bought by
Diprima Robert L and Diprima Cathryn Matheu
Current Estimated Value
$1,443,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2020
Sold by
Diprima Robert L
Bought by
Diprima Robert L and Diprima Cathryn Claire

Purchase Details

Closed on
Nov 15, 2017
Sold by
Diprima Michael T and Diprima Kathleen M
Bought by
Diprima Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
3.75%
Mortgage Type
Construction

Purchase Details

Listed on
May 23, 2016
Closed on
Jan 6, 2017
Sold by
Hopkins Rebecca L and Stock Peggy H
Bought by
Diprima Michael T and Diprima Kathleen M
Seller's Agent
Norm Cooper
Brand Name Real Estate
Buyer's Agent
Norm Cooper
Brand Name Real Estate
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.07%

Purchase Details

Closed on
Mar 14, 2007
Sold by
Blackstock Stanley L
Bought by
Hopkins Rebecca L and Stock Peggy H

Purchase Details

Closed on
Mar 23, 2006
Sold by
Blackstock Stanley L
Bought by
Blackstock Stanley L

Purchase Details

Closed on
Oct 28, 2004
Sold by
Hopkins Virginia E
Bought by
Blackstock Deborah H and Hopkins Rebecca L
Source: Public Records

Range of Values:

Collateral Analytics

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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
Diprima Robert L -- None Available
Diprima Robert L -- None Available
Diprima Robert L $250,000 None Available
Diprima Michael T $250,000 None Available
Hopkins Rebecca L -- None Available
Blackstock Stanley L -- None Available
Blackstock Deborah H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diprima Robert L $483,000
Closed Diprima Robert L $494,000
Previous Owner Diprima Robert L $500,000
Previous Owner Diprima Robert L $257,000
Previous Owner Diprima Robert L $257,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $250,000 0.0% --
12/07/2016 12/07/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $250,000 -- --
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 $2,209 $22,400 $0 $0
2023 $2,209 $22,400 $0 $0
2022 $2,152 $22,400 $0 $0
2021 $2,231 $22,400 $0 $0
2020 $7,576 $22,400 $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 $1,915 $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: 16013681

CHS Regional MLS

APN: 328-15-00-208