NOT LISTED FOR SALE

413 E Erie Ave Folly Beach, SC 29439

Estimated Value: $632,000 - $842,000

2 Beds
1 Bath
841 Sq Ft
$850/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $600,000 $713 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,386/month

23 Days on Market

Highlights

  • Traditional Architecture
  • Screened Patio
  • No Heating
  • James Island Elementary School Rated A-
  • Combination Dining and Living Room
  • 3-minute walk to Pirates Cove Playground

About This Home

As of May 2024

Here is your opportunity to own a piece of Folly Beach at a bargain price. This home is a renovation project so build some sweat equity or bring your contractor to help allow you to create your own coastal paradise. Just steps to the beach and a few blocks from Center Street. The lot is situated on a high part of the island and the home is elevated. It has the potential to bring the cute Folly cottage vibe back to the home. There are two bedrooms on either side of a full bathroom and an open area with the living/dining/kitchen space. There is a screened porch off the living area that spans the entire length of the house. You really can't beat living on Folly Beach and you can't beat this price!

Last Agent to Sell the Property

Mark Mitchell

Dunes Properties of Chas Inc License #61681 Listed on: 04/12/2024

Co-Listed By

Vincent Perna

Dunes Properties of Chas Inc License #48180

Last Buyer's Agent

Mark Mitchell

Dunes Properties of Chas Inc License #61681 Listed on: 04/12/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,746

Year Built

  • Built in 1940

Lot Details

  • 5,227

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Cottage
  • Raised Foundation
  • Asphalt Roof

Interior Spaces

  • 841 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • No Cooling
  • No Heating
  • Septic Tank

Additional Features

  • Screened Patio
  • 5,227 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,746

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage, Traditional
  • Year Built: 1940
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: 7533
  • Co List Office Phone: 843-588-3800
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: Folly Road To Folly Beach, Left On East Erie, Home Will Be 4 Blocks Down On The 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: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Living/Dining Combo

Exterior Features

  • Roof: Asphalt
  • Foundation Details: Raised
  • Other Structures: No
  • Patio And Porch Features: Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Septic Tank
  • Utilities: City of Folly Beach, Dominion Energy
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3281500146
  • Tax Annual Amount: 5746

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 20, 2024
Sold by
Baumil Raymond S and Mcdaniel Leila Frances
Bought by
Dibos Nicholas and Dibos Kristine
Seller's Agent
Mark Mitchell
Dunes Properties of Chas Inc
Buyer's Agent
Mark Mitchell
Dunes Properties of Chas Inc
List Price
$700,000
Sold Price
$600,000
Premium/Discount to List
-$100,000
-14.29%
Views
85
Current Estimated Value
$714,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,455
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
Sep 29, 2021
Sold by
Mcdaniel Leila F
Bought by
Baumil Raymond S and Mcdaniel Leila F

Purchase Details

Closed on
Dec 21, 2001
Sold by
Shilling George
Bought by
Mcdaniel Leila F
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
Dibos Nicholas $600,000 None Listed On Document
Baumil Raymond S -- None Listed On Document
Mcdaniel Leila F -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $600,000 -14.3% $713 / Sq Ft
04/12/2024 04/12/24 For Sale $700,000 -- $832 / 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 $5,912 $23,440 $0 $0
2023 $5,912 $23,440 $0 $0
2022 $5,540 $23,440 $0 $0
2021 $1,424 $13,630 $0 $0
2020 $1,659 $13,630 $0 $0
2019 $1,499 $13,590 $0 $0
2017 $1,436 $13,590 $0 $0
2016 $1,378 $13,590 $0 $0
2015 $1,421 $13,590 $0 $0
2014 $1,212 $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: 24009190

CHS Regional MLS

APN: 328-15-00-146