$1,400,000
If you're looking for a fabulous island residence with income earning potential on iconic Folly Beach, look no further than the lowest price per sq ft home on the island. This 3,000 square foot beach cottage was constructed in 1980 and has been updated with a brand-new architectural shingle roof and sleek grey laminate floors throughout. The two story, wood frame house is situated in a grove of mature palmetto and live oak trees, set far back on the street on a permeable gravel driveway. 504 W. Ashley is a quintessential beach cottage with sun swept interiors and loads of amenities for the best of island living. A front porch spans the whole facade, and a lattice enclosed, covered side porch houses a grilling area for the first floor. Above, the second story features sunroom and largedec k and side porch. The first and second floor of the house function as separate units with full kitchens, allowing the new buyer to mid term rent, long term rent, or utilize as an owner occupied residence while offsetting carrying costs. Both stories have great natural light, soft grey walls, and traditional style trim work. Enter from the front porch into the first story's inviting foyer and spacious open floor plan living room. Across the hall is the cute eat-in kitchen with crisp white cabinetry, a breakfast bar, and shiplap walls. There are 3 large bedrooms with closets and built-in shelving. The principal bedroom has a private bath and walk in closet. Two other bedrooms are connected to create a family suite. The first floor has an additional shared bathroom and a utility closet/laundry room. The bathrooms been recently updated with cast stone topped vanities, marble tiled backsplashes, a subway tiled shower in one and a new built in shower stall in the other, and shiplap accent walls. The second floor has a sunroom with beadboard walls and ceiling that opens into large open plan with a full dining room and large seating area that are perfect for family beach getaways and entertaining. The full kitchen has white cabinetry, new countertops, and windows overlooking the side yard. This floor has 3 bedrooms and 3 bathrooms. The principal bedroom connects ensuite to a large bathroom with a walk-in shower and laundry facilities. Another has direct access to the upstairs screened porch. The sunny backyard has an outdoor shower, stone-paved sun lounging patio, and lovely local plantings, beyond which is a shaded lawn for playing cornhole. The massive second story screened in porch and side deck, which has a large seating area and an elevated hot tub section, offers views of the Atlantic Ocean and beach front. 504 W. Ashley is situated on a quiet residential street that was first laid out in 1920, just a block from the beach and breathtaking tidal marshes. This part of the island is rich in history, and the famous Porgy house, where Dubose Heyward and Ira Gershwin wrote the opera Porgy and Bess, is just a few houses down the street. 504 W. Ashley is a short walk to Folly Beach County Park, Sunset Cay Marina, and several public beach access points. It's also just a few blocks from the famous boardwalk and fishing pier and from bustling Center Street's restaurants and pubs. The Folly River Boat Ramp is also nearby, so 504 W. Ashley truly brings you close to every one of the island's best features and beach vibes.
About Me
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:Â
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)
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Data is deemed reliable but is not guaranteed accurate by the MLS.
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