1013 E Arctic Ave Folly Beach, SC 29439
4
Beds
2.5
Baths
1,944
Sq Ft
10,454
Sq Ft Lot
Highlights
- Beach Front
- Boat Ramp
- Traditional Architecture
- James Island Elementary School Rated A-
- Deck
- Cathedral Ceiling
About This Home
As of February 2022$70k under appraised value!!! Builder-owned, well-kept OCEANFRONT home with GORGEOUS views of the Atlantic under $1.3m! Excellent OPEN FLOOR PLAN with plenty of NATURAL LIGHT perfect for entertaining. 1 bedroom is off the family room with a half bath, and down the hall for more privacy are the other 3 bedrooms and 2 full baths. This home also has a lock up storage and linen closet. HVAC-2017, ROOF-2014. This beautiful home has plenty of perks to include IPE DECKING, an uncovered DECK, a SCREENED PORCH, and a COVERED PORCH, gas fireplace, outdoor shower, mostly new paint, new bath fixtures, a SECONDARY FRIDGE AND ICE MAKER in the laundry room, the home sits on 35+ FT PILINGS with a CONCRETE SLAB underneath for extra covered parking and more entertaining space, and it is being soldFULLY FURNISHED! Seller will do no repairs at this price. The Folly Beach renourishment was completed on the East side in 2018. 1013 E Arctic would make a great primary residence, or you could make excellent income and still have a place to stay when you want to head to Folly Beach. Drive, walk, or take a golf cart to Center Street and check out the wide variety of shops, restaurants, and bars. Don't forget, E Arctic is a one-way street! Need a break from the beach? Downtown Charleston is about a 20-minute drive if you want to tour the historical part of our beautiful city! Schedule your showing today and own a piece of Folly!!
Current flood premium $3841.00, no flooding issues!
All information herein is to the best of the Agents' and Sellers' knowledge. If SF is important, please measure.
Last Agent to Sell the Property
Brand Name Real Estate License #85537 Listed on: 11/01/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,782
Year Built
- Built in 1993
Lot Details
- 10,454 Sq Ft Lot
- Beach Front
Parking
- Off-Street Parking
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
- Heat Pump System
- Septic Tank
Community Details
Overview
- Folly Beach Subdivision
Recreation
- Boat Ramp
- Tennis Courts
- Park
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
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
$181,704
Avg. Annual Appreciation
1.73%
Original Mortgage
$2,534,143
Outstanding Balance
$851,572
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$1,799,107
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 the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,500,000 | Dodds Hennessy & Stith Llp | |
| Deed | $1,200,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,534,143 | New Conventional | |
| Previous Owner | $350,000 | Credit Line Revolving | |
| Previous Owner | $250,000 | Unknown |
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 |
|---|---|---|---|---|
| 2024 | $27,530 | $112,500 | $0 | $0 |
| 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
-
L
Seller's Agent in 2022
Lisa Andrews
ERA Wilder Realty, Inc
(843) 442-7955
2 in this area
54 Total Sales
-
Buyer's Agent in 2022
Marcela Ruiz
Matt O'Neill Real Estate
(843) 900-4363
1 in this area
28 Total Sales
-
Seller's Agent in 2020
Beth Nelson-ratcliff
Brand Name Real Estate
(843) 568-5297
27 Total Sales
-
Seller Co-Listing Agent in 2020
Meghan Magee
Southeastern Management Group
(843) 577-8595
Map
Source: CHS Regional MLS
MLS Number: 18029819
APN: 328-16-00-035
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