2 months on rocket

504 W Ashley Ave, Folly Beach, SC, 29439

$1,365,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
0 Baths
2,994 SqFt
$456/SqFt
House

Location

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504 W Ashley Ave, Folly Beach$1,365,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1980
CoolingCentral Air
MLS #24022146
Lot Size0.24 Acres
StatusActive

About 504 W Ashley Ave

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 large deck 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.

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Stories: 2
  • Living Area: 2,994 SqFt

Listing Office:

  • Office Name: Tift Properties

Interior Features

Interior Information:

  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: Center St To W Ashley

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,365,000
  • Price Per SqFt: $456/SqFt

Tax Information:

  • Annual Amount: $9,529
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$1.0M

Med. Price/SqFt

$581

# of Sold Homes

6

504 W Ashley Ave vs Folly Beach

78 DAYS ON ROCKET

$1,365,000

+$365K More

$456/SqFt

-$125 Less

KEY TAKEAWAY

This property is $365K more than the Median Sold Price and $125/SqFt less than other homes in Folly Beach, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24022146

Listing Office:

  • Office Name: Tift Properties

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: 11/21/2024, 7:20:53 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

Mar 01, 2021Home Sold
$845,000
Apr 18, 2001Home Sold
$405,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,529$42,070
2018$8,621$36,580
2017$8,315$36,580

History based on county public records data.

Payment Calculator

$6,880

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,159

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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.

Nearby Schools

school-card-donut-216739
4
/10
  • James Island Elementary School

  • 1872 S Grimball Rd

  • 3.86 miles

  • Public District Grades PK-5

school-card-donut-216740
4
/10
  • Mount Zion Elementary School

  • 3464 River Rd

  • 5.76 miles

  • Public District Grades PK-5

school-card-donut-216741
7
/10
  • Stiles Point Elementary School

  • 883A Mikell Dr

  • 6.08 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,293. The majority of Folly Beach, SC residents have income between $35k-100k annually. 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 504 W Ashley Ave

What is the listing price of this property?

The listing price of 504 W Ashley Ave property is $1,365,000.

What type of property is this?

The property 504 W Ashley Ave is a house located in Folly Beach, South Carolina, 29439.

Is this property for sale now?

Active Listing: 504 W Ashley Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $9,529 (source: MLS/based on county public records data).

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

The last sale was on March 1, 2021 for $845,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 504 W Ashley Ave has 6 bedrooms.

What is the square footage of this property?

The property 504 W Ashley Ave is 2,994 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 504 W Ashley Ave is 1980.

Rocket Homes›South Carolina›Charleston County›Folly Beach›29439›504 W Ashley Ave

This home is located at 504 W Ashley Ave in Folly Beach, SC and zip code 29439. This 2,994 square foot home, which was built in 1980, sits on a 0.24 acre lot. Features: 6 bedrooms. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $1,365,000.

In October 2024, from all listings sold in Folly Beach, SC there were more than 0 sold above asking price, over 5 sold below and more than 1 were sold right at the asked price.

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

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