420 Erie Avenue, Folly Beach, SC 29439
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420 Erie Avenue, Folly Beach, SC 29439

$2,495,000

STATUS: For Sale MLS #: 24003857 Days on Market: 73
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3500 SQUARE FEET ALL ON ONE LEVEL with POTENTIAL OWNER-OCCUPIED SHORT-TERM RENTAL OPPORTUNITY! A rare find in Folly! Enter through the white picket fence and lush landscaping under the arbor down the brick walk through an enchanting secret garden leading to this colorful Folly cottage! Once on the front porch of the main house, enter through French doors and you will immediately be awed by what you see! A huge 31 x 15 great room with a cathedral ceiling opens into the generously appointed kitchen.Lots of natural light, many windows, and beautiful hardwood floors are just a few of the fantastic design touches in this home. The kitchen boasts a 6-burner stove and other stainless appliances, an 8 ft island and beautiful coastal color backsplash tile that runs to the ceiling. Past one bedroom, bathroom, coffee station, and an enormous laundry room, is another bedroom with a slider that leads to the back screened in porch. The owner's suite is very large at 17x14 feet and boasts two sizeable walk-in closets, as well as 4 glass sliders - 2 that lead to a private enclosed deck and 2 that lead to the back porch. The connected bath is styled beautifully with an abundance of storage. The majority of the back porch is screened-in and overlooks the tropical garden. Once down the steps and back in the garden you can sit on the large private deck or soak in the hot tub (not included) under the tin roofed Cabana. There is a tin roofed, LARGE outdoor shower, perfect for showering when returning from the beach which is less than 5 minutes away. The front and back gardens have been professionally landscaped with palm trees strategically placed for utmost privacy. Behind the Cabana is a custom made tin roofed storage building and a Tuff Shed. There is a 10-foot fence surrounding most of the property providing privacy and tranquility. The side entrance to the garden is entered through a walkway made from marble from the SC State House when it was built in the 1800's. At 19.5 ft above sea level this lot is one of the highest on the island. The main house and attached apartment were fully renovated in 2020/2021 - all appliances were purchased new. The renovation also included leaf-guard gutters, spray foam, hurricane windows, tankless water heater, Trex decking, and 2 HVAC units. Attached via a common utility room from the back porch, the 1,000 sq ft one-bedroom apartment can be used as a separate dwelling, guest house, or short/long term rental (see attached document regarding owner-occupied rentals on Folly Beach). It has its own front entrance, deck and yard. THIS HOME IS FULL OF CHARACTER AND CHARM, a true hidden beauty!

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Listing Provided by Healthy Realty LLC
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Address: 420 Erie Avenue
State: SC
Zip: 29439
County: Charleston

About Me

About MeHome ValuationExposure to Buyers

What makes me different and more worthy than any other agent? Great Question…

1.) I have been in the real estate industry since 1998

 

2.) At 29 years old I founded a wholesale mortgage firm here in Charleston and as such being the President/CEO I was responsible for overseeing 13 team members, two branches, ALL the marketing functions, business development, training of real estate agents in financing, training of my loan officers, and making sure over $85 Million in loans got closed. Of which most were purchases. So I have REAL business knowledge and real estate is business vs an agent without that savvy business skills.

 

3.) I graduated from University of S.C. where my major was media arts. What’s that mean? What you are reading right now is media. Everything you see and hear is media. Everything on a computer is digital media, websites, video, photographs, and audio. I studied video production, photography/lighting courses, audio recording, and more. Even post cards, billboards, news paper are ALL media, print media. (Although it’s an antiquated media). With that knowledge your home will have the most beautiful representation to the prospective buyers, instead of most of what you see out there (poorly lit, poorly framed, bad photos and video that put off buyers).

 

4.) 95% OF ALL REAL ESTATE TRANSACTIONS BEGIN WITH THE INTERNET… PERIOD, IT IS FACT. I am a digital internet marketing expert. I consult other businesses on how to harness the internet’s power through web design, SEO (search engine optimization), content marketing, image marketing, user experience design, online ad management and more.

When listing a home for sale there isn't an exact science to it, but what is required is knowing all the facts, and that's where I come in. What's a home valuation really anyway?

Estimating the value of real property is important to a variety reasons, but for most people, determining the asking or purchase price of a property is the most useful application of real estate valuation. This article will provide an introduction to the basic concepts and methods of real estate valuation, particularly as it pertains to real estate sales.

That's all well and good, however what most home owners in Charleston SC and the U.S. really want to know is what's my property worth now if I were to try to sell it? The most common method  that 90% of listing agent use is: 

The Sales Comparison Approach.

 

Value -
A main consideration in appraising is to determine a property’s value: the present worth of future benefitsarising from the ownership of real property. Unlike many consumer goods such as oil, lumber, food, etc. that are quickly used, the benefits of real property are generally realized over a long period of time. Therefore, an estimate of a property’s value must take into consideration economic and social factors, as well as governmental controls or regulations and environmental conditions that may influence the four elements of value:

 

  • Demand – the desire or need for ownership supported by the financial means to satisfy the desire;
  • Utility – the ability to satisfy future owners’ desires and needs;
  • Scarcity – the finite supply of competing properties
  • Transfer-ability – the ease with which ownership rights are transferred.

– What have the homes that are MOST comparable to yours (subject property) sold for recently per sq ft., and  what is currently for sale (taking into account scarcity from above)?

 

– What are the prices being asked by your competing listings in and around your neighborhood.

 

Other Factors inside the two primary ones above include: (age of home, physical features, location, conditions of the sale, economic conditions)

 


MLS ID: 24003857
List Price: $2,495,000
Bedrooms: 4
Full Baths: 3
Half Baths: N/A
Total Square Feet: 35002
Elementary School: James Island
Middle School: Camp Road
Subdivision:
Home Style:
Year Built: 1940
Days On Market: 73
Lot Size: 0.2400 acres
Outdoor & Yard Description:
Ceiling Fan(s)
In-Law Floorplan
Laundry Room
Kitchen Island
Family
0 - .5 Acre
Ceramic Tile
Walk-In Closet(s)
Dominion Energy
Ranch
Wood
Asphalt
Vinyl
Great
Pantry
Thermal Windows/Doors
Utility
Ceiling - Cathedral/Vaulted
High
Storm Window(s)
Beach Access
Ceiling Fan(s)
Walk-In Closet(s)
Multiple Closets
Outside Access

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