Matt Van Bakergem
Carolina One Real Estate
(854) 205-3790
72 Total Sales
1 in Folly Beach
$355,000 Price
508 E Cooper Ave Folly Beach, SC 29439
Folly Beach Area
8
Beds
4
Baths
3,870
Sq Ft
10,454
Sq Ft Lot
Highlights
- Furnished
- Park
- No Heating
- Tennis Courts
- Ceiling Fan
About This Home
As of January 2021508 E Cooper Avenue is a fully renovated, turnkey investment property located in the heart of Folly Beach, USA. Possessing 4 short term rental licenses, this beachy quadruplex with amazing income producing potential. Property improvements include new roofs, duct work, HVAC units, interior and exterior paint, flooring, decking, stainless steel appliances, butcherblock countertops and renovated bathrooms. New furniture throughout to convey with purchase. The quarter- acre property has two structures, each with two, 900+ SF units. Each unit holds 2- beds and 1- bath. Each of the four units has two off- street parking places. The property is located in an X- Shaded Flood Zone per updated FEMA Maps to be implemented 1/29/21. No mandatory flood insurance required.
Last Agent to Sell the Property
Conyers Advisory, LLC License #81380 Listed on: 08/19/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 10,454 Sq Ft Lot
Parking
- Open Parking
Home Design
- Quadruplex
- Raised Foundation
- Architectural Shingle Roof
- Masonry
Interior Spaces
- 8 Bedrooms
- 3,870 Sq Ft Home
- Furnished
- Ceiling Fan
- Dishwasher
Laundry
- Dryer
- Washer
Schools
- James Island Elementary And Middle School
- James Island Charter High School
Utilities
- Cooling Available
- No Heating
- Septic Tank
Community Details
Recreation
- Tennis Courts
- Park
Building Details
- Net Operating Income $120,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 15, 2022
Sold by
Bought by
Purchase Details
Listed on
Aug 19, 2020
Closed on
Jan 6, 2021
Sold by
Bought by
Seller's Agent
Andrew Patterson
Conyers Advisory, LLC
Buyer's Agent
John Cowan
Carolina One Real Estate
List Price
$1,690,000
Sold Price
$1,375,000
Premium/Discount to List
-$315,000
-18.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
2.71%
Mortgage Type
Commercial
Purchase Details
Listed on
Aug 19, 2020
Closed on
Jan 5, 2021
Sold by
Bought by
Seller's Agent
Andrew Patterson
Conyers Advisory, LLC
Buyer's Agent
John Cowan
Carolina One Real Estate
List Price
$1,690,000
Sold Price
$1,375,000
Premium/Discount to List
-$315,000
-18.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
2.71%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 1, 2006
Sold by
Bought by
Purchase Details
Closed on
Jan 24, 2006
Sold by
Bought by
Purchase Details
Closed on
Jun 24, 2005
Sold by
Bought by
Purchase Details
Closed on
Jun 14, 2005
Sold by
Bought by
Purchase Details
Closed on
Feb 28, 2005
Sold by
Bought by
Purchase Details
Closed on
Jun 26, 2002
Sold by
Bought by
Purchase Details
Closed on
Feb 22, 2002
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Folly Beach, SC
-
Matt Van Bakergem
-
Bart Jackson
Bart Jackson
Carolina One Real Estate
(854) 777-0337
41 Total Sales
1 in Folly Beach
$2,995,000 Price
-
Jayme Ellis
Jayme Ellis
Coldwell Banker Realty
(361) 579-1614
110 Total Sales
1 in Folly Beach
$1,025,000 Price
-
Michelle Riser
Michelle Riser
NextHome The Agency Group
(854) 222-7029
28 Total Sales
1 in Folly Beach
$800,000 Price
-
Michele Costanzo
Michele Costanzo
EXP Realty LLC
(854) 222-7972
72 Total Sales
1 in Folly Beach
$2,800,000 Price
-
K. Arek Manakyan
K. Arek Manakyan
The Boulevard Company
(854) 202-9939
114 Total Sales
1 in Folly Beach
$875,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- | ||
| $1,100,000 | Weeks & Irvine Llc | ||
| $1,375,000 | Weeks & Irvine Llc | ||
| $652,000 | None Available | ||
| -- | None Available | ||
| $880,000 | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,100,000 | ||
| Previous Owner | $637,500 | ||
| Closed | $1,100,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/06/2021 01/06/21 | Sold | $1,375,000 | -18.6% | $355 / Sq Ft |
| 10/27/2020 10/27/20 | Pending | -- | -- | -- |
| 08/19/2020 08/19/20 | For Sale | $1,690,000 | -- | $437 / Sq Ft |
Source: CHS Regional MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $17,017 | $82,500 | $0 | $0 |
| 2023 | $20,482 | $82,500 | $0 | $0 |
| 2022 | $36 | $82,500 | $0 | $0 |
| 2021 | $13,995 | $60,960 | $0 | $0 |
| 2020 | $11,044 | $48,440 | $0 | $0 |
| 2019 | $10,819 | $45,000 | $0 | $0 |
| 2017 | $6,908 | $29,600 | $0 | $0 |
| 2016 | $6,679 | $29,600 | $0 | $0 |
| 2015 | $6,491 | $29,600 | $0 | $0 |
| 2014 | $5,546 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Patterson
Seller's Agent in 2021
Andrew Patterson
Conyers Advisory, LLC
(843) 214-4059
21 Total Sales
-
John Cowan
Buyer's Agent in 2021
John Cowan
Carolina One Real Estate
(843) 577-9676
43 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 20022984
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2026 Charleston Trident MLS. All Rights Reserved
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