NOT LISTED FOR SALE

1103 W Arctic Ave Folly Beach, SC 29439

Estimated Value: $3,494,000 - $4,378,000

4 Beds
2.5 Baths
4,099 Sq Ft
$973/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $3,550,000 $866 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $25,937/month

20 Days on Market

Highlights

  • Beach Front
  • Marina
  • Sitting Area In Primary Bedroom
  • James Island Elementary School Rated A-
  • Spa
  • Deck

About This Home

As of May 2022

Rare opportunity to own a better than new oceanfront home. Designed by Sanford Byers, principal of Byers Collective in conjunction with the current owners this new build in 2017 is one of a kind. The following is a short excerpt of all the details included in the document section. Custom African Sapele hardwood and glass entry door with direct view to the beach through and oversized foyer, Lauzon hardwood floors, custom tile work, four stop elevator, whole house water purification system, Generac back up system, storm rated windows & doors, to many exquisite upgrades to mention is this remarks section.

Last Agent to Sell the Property

Theresa Evans

Carolina One Real Estate License #9549 Listed on: 03/22/2022

Carolina One Real Estate

Last Buyer's Agent

John Rosen

Sweet Grass Real Estate, LLC License #121427

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,136

Year Built

  • Built in 2017

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 70x150x69x151
  • Beach Front
  • Partially Fenced Property
  • Irrigation

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Architectural Shingle Roof
  • Metal Roof
  • Cement Siding

Interior Spaces

  • 4,099 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Insulated Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Utility Room
  • Exterior Basement Entry

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Dual Closets
  • Walk-In Closet
  • Whirlpool Bathtub
  • Garden Bath

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors

Accessible Home Design

  • Adaptable For Elevator

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Front Porch
  • Stoop

Schools

  • James Island Elementary School
  • Camp Road Middle School
  • James Island Charter High School

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Community Details

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Marina
  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,136

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2017
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.25
  • Lot Size: 70x150x69x151
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: Folly Road To Left On E Arctic House On The Right Just Past 11th
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two, Other (Use Remarks)
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Whirlpool
  • Private Spa: Yes
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Some Thermal Door(s), Storm Door(s)
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Elevator, Garden Tub/Shower, Kitchen Island, Ceiling Fan(s), Family, Formal Living, Entrance Foyer, Great, Living/Dining Combo, Other (Use Remarks), Separate Dining, Sun, Utility
  • Window Features: Some Thermal Wnd/Doors, Storm Window(s), Thermal Windows/Doors
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Multiple Closets, Outside Access, Sitting Room, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural, Metal
  • Fencing: Partial
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Construction Type: Cement Plank, See Remarks
  • Exterior Features: Balcony, Elevator Shaft, Lawn Irrigation, Stoop
  • Foundation Details: Raised, Pillar/Post/Pier
  • Patio And Porch Features: Deck, Front Porch, Porch - Full Front
  • Property Condition: Pre-Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage, Attached, Off Street, Other (Use Remarks)
  • Total Parking Spaces: 2

Utilities

  • Security: Security System
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Dog Park, Elevators, Marina, Storage, Trash

Schools

  • Elementary School: James Island
  • High School: James Island Charter
  • Middle Or Junior School: Camp Road

Lot Info

  • Lot Size Sq Ft: 10890
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4391300002
  • Tax Annual Amount: 5136

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 3, 2022
Sold by
Bonney Mark J
Bought by
1103 East Arctic Llc
Seller's Agent
Theresa Evans
Carolina One Real Estate
Buyer's Agent
John Rosen
Sweet Grass Real Estate, LLC
List Price
$3,999,000
Sold Price
$3,550,000
Premium/Discount to List
-$449,000
-11.23%
Current Estimated Value
$3,947,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,000
Avg. Annual Appreciation
5.24%

Purchase Details

Closed on
Dec 6, 2011
Sold by
Bartlett Stephen S
Bought by
Bonney Mark J and Bonney Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$702,000
Interest Rate
2.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1103 East Arctic Llc $3,550,000 None Listed On Document
Bonney Mark J $936,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonney Mark J $1,360,000
Previous Owner Bonney Mark J $1,360,000
Previous Owner Bonney Mark J $702,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $3,550,000 -11.2% $866 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $3,999,000 -- $976 / Sq Ft
Source: CHS Regional MLS

Tax History Compared to Growth

Source: Public Records

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 $51,924 $213,000 $0 $0
2023 $51,924 $213,000 $0 $0
2022 $4,947 $54,000 $0 $0
2021 $5,136 $54,000 $0 $0
2020 $5,502 $54,000 $0 $0
2019 $5,642 $56,000 $0 $0
2017 $3,932 $40,420 $0 $0
2016 $3,760 $40,420 $0 $0
2015 $3,960 $40,420 $0 $0
2014 $11,138 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 22006988

CHS Regional MLS

APN: 439-13-00-002