8 months on rocket

508 E Cooper Ave, Folly Beach, SC, 29439

$2,400,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Full Baths
3,870 SqFt
$620/SqFt
House
Schools Nearby

Location

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508 E Cooper Ave, Folly Beach$2,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1955
MLS #23018890
Lot Size0.24 Acres
StatusActive

About 508 E Cooper Ave

Turnkey investment property located on Folly Beach South Carolina. Currently possessing 4 short term rental licenses, this quadruplex is one of a kind for the island as such properties rarely exchange. Recent improvements on the 2 buildings include: new roofs, duct work, HVAC units, interior and exterior paint, flooring, decking, stainless steel appliances, butcherblock countertops and renovated bathrooms. Newer 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. No mandatory flood insurance required.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1955
  • Stories: 1
  • Living Area: 3,870 SqFt

Listing Office:

  • Office Name: Carolina One Real Estate

Interior Features

Interior Information:

  • Interior: Family, Great

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.24 Acres

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Turn Left From Center Street Onto E Cooper. 508 Down On The Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,400,000
  • Price Per SqFt: $620/SqFt

Tax Information:

  • Annual Amount: $11,044
  • Tax Year: 2020
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Housing Market Comparison

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

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Folly Beach, SC

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$562

# of Sold Homes

1

508 E Cooper Ave vs Folly Beach

245 DAYS ON ROCKET

$2,400,000

+$1.3M More

$620/SqFt

+$58 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $58/SqFt more than other homes in Folly Beach, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #23018890

Listing Office:

  • Office Name: Carolina One Real Estate

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: 4/19/2024, 9:25:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 20, 2021Home Sold
$1,375,000
Nov 21, 2017Home Sold
$70,000
Feb 07, 2006Home Sold
$652,000
Jun 28, 2005Home Sold
$880,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,044$48,440
2018$10,697$45,000
2017$6,908$29,600

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,262

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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-417817
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. Typical income of Folly Beach, SC residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Folly Beach, SC

Types of housing in Folly Beach, SC.

In Folly Beach, many dwellings are single detached homes, whereas the remainder are mainly large apartment buildings and small apartment buildings. This city is primarily composed of two bedroom and three bedroom homes. About two thirds of the dwellings in the city are occupied by homeowners whereas the remainder are rented. About 30% of homes in this city were constructed in the 1990s, while most of the remaining buildings were built pre-1960 and in the 1960s.

What is it like to live in Folly Beach, SC?

Most areas in Folly Beach are reasonably quiet, as there tend to be low levels of noise from traffic. It is very hard to access public green spaces from a large number of locations within the city since they aren't well-distributed. Despite that, there are a few parks nearby for residents to visit.

Is it easy to get around Folly Beach, SC without a car?

There are no high schools and no primary schools in this part of the Charleston metropolitan area. When it comes to food, house buyers in this city almost always have to turn to a car to purchase their groceries. Residents are served by about 10 restaurants and coffee shops as well.

Transportation in Folly Beach, SC.

Driving is very often the best approach to move around in Folly Beach. It is very convenient to park. However, the public transit system in Folly Beach is not very accessible. Travelling on foot is not very convenient for residents in this city as carrying out daily needs is very difficult.

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Frequently Asked Questions About 508 E Cooper Ave

What is the listing price of this property?

The listing price of 508 E Cooper Ave property is $2,400,000.

What type of property is this?

The property 508 E Cooper Ave is a house located in Folly Beach, South Carolina, 29439.

Is this property for sale now?

Active Listing: 508 E Cooper Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 508 E Cooper 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 $11,044 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 20, 2021 for $1,375,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 508 E Cooper Ave has 8 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 508 E Cooper Ave is 3,870 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 508 E Cooper Ave is 1955.

Rocket Homes›South Carolina›Charleston County›Folly Beach›29439›508 E Cooper Ave

This home is located at 508 E Cooper Ave in Folly Beach, SC and zip code 29439. This 3,870 square foot home, which was built in 1955, sits on a 0.24 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 17, 2023 and is currently priced at $2,400,000.

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 listings 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.

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