1013 E Arctic Ave Folly Beach, SC 29439
Estimated Value: $2,648,000 - $3,271,039
4
Beds
2.5
Baths
1,944
Sq Ft
$1,491/Sq Ft
Est. Value
Highlights
- Beach Front
- Boat Ramp
- Traditional Architecture
- James Island Elementary School Rated A-
- Deck
- Cathedral Ceiling
About This Home
As of February 2022Welcome to 1013 E Arctic Avenue. Rare opportunity to own beautiful oceanfront home on E Arctic with private access featuring IPE Decking, literally steps to the beach. This open floor plan is flooded with natural light and provides amazing views of the Atlantic. The home features an oversized family room with vaulted ceilings, large eat in kitchen, large laundry room with additional refrigerator, ice machine, and washer/dryer combo. 4 bedrooms and two and one half baths provide sleeping accomodations for 11. It sits on 35+ft concrete pilings with a concrete slab underneath that provides parking for 6 under the house and additional space for cooking and entertaining. Outdoor living includes a full front porch, screen porch, covered porch, open sundeck and an outdoor shower. Home ibeing sold FULLY FURNISHED. Home would make a great residence or an excellent income property. Located on a one way street within walking/driving/golf cart distance to Center St., 20 minutes to Downton Charleston.
Last Agent to Sell the Property
ERA Wilder Realty, Inc License #60973 Listed on: 01/12/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,328
Year Built
- Built in 1993
Lot Details
- 10,454 Sq Ft Lot
- Beach Front
Home Design
- Traditional Architecture
- Pillar, Post or Pier Foundation
- Raised Foundation
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,944 Sq Ft Home
- 1-Story Property
- Popcorn or blown ceiling
- Cathedral Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Thermal Windows
- Window Treatments
- Insulated Doors
- Entrance Foyer
- Family Room with Fireplace
Kitchen
- Eat-In Kitchen
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Stacked Washer and Dryer
Outdoor Features
- Deck
- Screened Patio
- Front Porch
Schools
- James Island Elementary School
- Camp Road Middle School
- James Island Charter High School
Utilities
- Cooling Available
- Forced Air Heating System
- Septic Tank
- Cable TV Available
Community Details
Overview
- Folly Beach Subdivision
Recreation
- Boat Ramp
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 12, 2022
Closed on
Feb 18, 2022
Sold by
Klt Rentals Llc
Bought by
Bella Beach Llc
Seller's Agent
Lisa Andrews
ERA Wilder Realty, Inc
Buyer's Agent
Marcela Ruiz
Matt O'Neill Real Estate
List Price
$2,500,000
Sold Price
$2,500,000
Total Days on Market
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,260
Avg. Annual Appreciation
4.52%
Original Mortgage
$2,534,143
Outstanding Balance
$1,024,841
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$1,866,168
Purchase Details
Listed on
Nov 1, 2018
Closed on
Jan 8, 2020
Sold by
Tn Star Equipment Company
Bought by
Klt Rentals Llc
Seller's Agent
Beth Nelson-ratcliff
Brand Name Real Estate
Buyer's Agent
Lisa Andrews
ERA Wilder Realty, Inc
List Price
$1,200,000
Sold Price
$1,200,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.37%
Similar Homes in Folly Beach, SC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bella Beach Llc | $2,500,000 | Dodds Hennessy & Stith Llp | |
| Klt Rentals Llc | $1,200,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bella Beach Llc | $2,534,143 | |
| Previous Owner | Klt Rentals Llc | $350,000 | |
| Previous Owner | Klt Rentals Llc | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2022 02/28/22 | Sold | $2,500,000 | 0.0% | $1,286 / Sq Ft |
| 01/29/2022 01/29/22 | Pending | -- | -- | -- |
| 01/12/2022 01/12/22 | For Sale | $2,500,000 | +108.3% | $1,286 / Sq Ft |
| 01/15/2020 01/15/20 | Sold | $1,200,000 | 0.0% | $617 / Sq Ft |
| 12/16/2019 12/16/19 | Pending | -- | -- | -- |
| 11/01/2018 11/01/18 | For Sale | $1,200,000 | -- | $617 / Sq Ft |
Source: CHS Regional MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $27,530 | $112,500 | $0 | $0 |
| 2022 | $16,661 | $72,000 | $0 | $0 |
| 2021 | $16,328 | $72,000 | $0 | $0 |
| 2020 | $13,692 | $61,050 | $0 | $0 |
| 2019 | $14,513 | $61,450 | $0 | $0 |
| 2017 | $13,782 | $61,450 | $0 | $0 |
| 2016 | $13,307 | $61,450 | $0 | $0 |
| 2015 | $12,664 | $61,450 | $0 | $0 |
| 2014 | $12,799 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Andrews
L
Seller's Agent in 2022
Lisa Andrews
ERA Wilder Realty, Inc
(843) 442-7955
2 in this area
57 Total Sales
-
Marcela Ruiz
M
Buyer's Agent in 2022
Marcela Ruiz
Matt O'Neill Real Estate
1 in this area
29 Total Sales
-
Beth Nelson-ratcliff
Seller's Agent in 2020
Beth Nelson-ratcliff
Brand Name Real Estate
(843) 568-5297
28 Total Sales
-
Meghan Magee
Seller Co-Listing Agent in 2020
Meghan Magee
Southeastern Management Group
(843) 577-8595
Map
Source: CHS Regional MLS
MLS Number: 22000775
APN: 328-16-00-035
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