5 months on rocket

Backup Offers

503 E Erie Ave, Folly Beach, SC, 29439

$699,000

Home List Price

$8,301*

Closing Credit

4 Bedrooms
0 Baths
1,624 SqFt
$430/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

503 E Erie Ave, Folly Beach$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Year Built1939
MLS #23025091
Lot Size0.12 Acres
StatusAccepting Backup Offers
(Active Contingent)

About 503 E Erie Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1939
  • Stories: 2
  • Living Area: 1,624 SqFt

Listing Office:

  • Office Name: Carolina One Real Estate Folly Beach

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

School Info

Assigned Schools Information:

  • James Island Charter High School, Public Charter Grades 9-12

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
  • Price Per SqFt: $430/SqFt

Tax Information:

  • Annual Amount: $5,793
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Folly Beach, SC.

Map thumbnail provided by MapBox

Folly Beach, SC

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$562

# of Sold Homes

1

503 E Erie Ave vs Folly Beach

172 DAYS ON ROCKET

$699,000

-$338.5K Less

$430/SqFt

-$132 Less

KEY TAKEAWAY

This property is $338.5K less than the Median Sold Price and $132/SqFt less than other homes in Folly Beach, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #23025091

Listing Office:

  • Office Name: Carolina One Real Estate Folly Beach

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the CHS Multiple Listing Service. Those properties marked with the CHS MLS Approved logo are provided courtesy of the CHS MLS Broker Reciprocity Database. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data deemed reliable but not guaranteed accurate by the MLS.
Copyright © 2024 Charleston Trident Association of REALTORS®
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 2:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,793$25,200
2018$5,341$22,310
2017$5,154$22,310

History based on county public records data.

Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-1317258
7
/10

  • James Island Charter High School

  • 1000 Fort Johnson Rd

  • 4.93 miles

  • Public Charter Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,775. Residents of Folly Beach, SC typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 503 E Erie Ave

What is the listing price of this property?

The listing price of 503 E Erie Ave property is $699,000.

What type of property is this?

The property 503 E Erie Ave is a house located in Folly Beach, South Carolina, 29439.

Is this property for sale now?

Accepting Backup Offers: 503 E Erie Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 503 E Erie Ave are:
James Island Charter High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,793 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 503 E Erie Ave has 4 bedrooms.

What is the square footage of this property?

The property 503 E Erie Ave is 1,624 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 503 E Erie Ave is 1939.

Rocket Homes›South Carolina›Charleston County›Folly Beach›29439›503 E Erie Ave

This home is located at 503 E Erie Ave in Folly Beach, SC and zip code 29439. This 1,624 square foot home, which was built in 1939, sits on a 0.12 acre lot. Features: 4 bedrooms. It has been listed on Rocket Homes since November 07, 2023 and is currently priced at $699,000.

Over 0 listings were sold over their listed price in March 2024 in Folly Beach, SC. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price. The number of homes for sale in Folly Beach, SC increased by 22.6% between February 2024 and March 2024.

From Rocket Homes Real Estate and based on county public records data.

More Resources