$699,000 | 4 beds | 2 full baths | N/A half baths | 1,624 sqft

$600,000
503 E Erie Avenue
Folly Beach, SC 29439
  • 4Beds
  • 2Full Baths
  • N/AHalf Baths
  • 1,624SqFt
  • 1939Year Built
  • 0.12Acres
  • MLS# 23025090
  • Residential
  • Single Family Detached
  • Sold

  • Approx Time on Market6 months, 28 days
  • AreaFolly Beach
  • CountyCharleston
  • Subdivision None

Overview

Welcome to iconic Folly Beach, SC. 503 E Erie Ave is now vacant and ready for you to make it your Folly dream property. This property has always been a top & bottom dual long term rental. It is in need of a complete renovation, and once completed would offer its owner wonderful options as far as usage is concerned. 503 is located across the street from the City's very own park. Pickle ball, tennis, basketball and a dog park are all just steps away. This location is also just a very short skinny 3-block walk to the beach and just 5 blocks to Center St where you can enjoy all of the many dining and shopping options of the commercial district. Don't let this rare opportunity to own a unique & versatile Folly property pass you by.



Sale Info

Listing Date: 11-02-2023

Sold Date: 05-31-2024

Aprox Days on Market: 
    6 month(s), 28 day(s)

Listing Sold: 
    5 month(s), 16 day(s) ago

Original Asking Price: $845,000

Asking Price: $699,000

Selling Price: $600,000

Price Difference From Original: 
Reduced By $245,000

Price Difference From Asking: 
Reduced By $99,000

Agriculture / Farm

Grazing Permits Forest Service:  No

Grazing Permits Private:  No

Grazing Permits Blm:  No

Horse:  No

Farm Credit Service Incl:  No

Association Fees / Info

Bathroom Info

Fullbaths:  2

Building Info

Levels:  Two

Year Built:  1939

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Style:  Traditional

Garage / Parking

Garage:  No

Attached Garage:  No

Green / Env Info

Interior Features

Fireplace:  No

Lot Info

Lot Size:  0.12

Lot Desc:  High

Lot Size Units:  Acres

Acres:  0.12

Lot Sqft:  5227.2

Irrigation Water Rights:  No

Offer Compensation

Other

Mobile Home Remains:  No

Property Info

Property Type:  A

Stories:  2

Foundation:  Slab

Exterior:  Block/Masonry

New Construction:  No

Property Subtype:  No

Building Area Units:  Square Feet

Entry Location:  Ground Level

View:  No

Home Warranty:  No

Habitable Residence:  No

Room Info

Beds:  4

Sale / Lease Info

Sold Date:  2024-05-31T00:00:00

Lease Renewal Option:  No

Lease Considered:  No

Lease Assignable:  No

Special Features

Sqft Info

Sqft:  1624

Unit Info

Utilities / Hvac

Water Source:  Public

Utilities:  City of Folly Beach, Dominion Energy

Heating:  No

Water Sewer:  Septic Tank

Cooling:  No

Waterfront / Water

Waterfront:  No

Schools

Elem:  James Island

Middle:  Camp Road

High:  James Island Charter

Directions

Center St To Erie. Left Onto E Erie. Property Is 2nd On Right After E 5th Across From Park.

Courtesy of listing office Carolina One Real Estate Folly Beach  - 843-779-8660

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Price & Status History (on kennedyrealty.com since Thu, Nov 2nd 2023)
  • Original Price: $845,000
  • Current Price: $699,000
  • Price Reduced: $146,000
Date ChangedFromTo
05/31/2024Active ContingentSold
04/06/2024ActiveActive Contingent
02/13/2024Active ContingentActive
01/26/2024ActiveActive Contingent
01/16/2024$749,000 $699,000 Reduced by $50,000
01/09/2024ActiveActive Contingent
01/06/2024$845,000 $749,000 Reduced by $96,000
12/27/2023ActiveActive Contingent

Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Carolina One Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 11-16-2024 10:29 AM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 11-16-2024 10:29 AM EST est.

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