NOT LISTED FOR SALE

111 E Arctic Ave Unit 101 Folly Beach, SC 29439

Estimated Value: $561,000 - $905,507

3 Beds
3 Baths
1,350 Sq Ft
$571/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $630,000 $467 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,998/month

14 Days on Market

Highlights

  • Beach Front
  • Spa
  • Covered Patio or Porch
  • James Island Elementary School Rated A-
  • Whirlpool Bathtub
  • Eat-In Kitchen

About This Home

As of November 2017

This rare 3/3 Folly Beach oceanfront condo is waiting for you. Just a few steps to downtown Folly Beach and the pier, you can enjoy all of the benefits of front beach lifestyle. A true 3/3 with ocean and pier views from the gigantic back patio (with bed swing and room for patio table and chairs). The open floor plan has ocean views from all angles. The kitchen boasts stainless GE side-by-side fridge, Bosch dishwasher, microwave and all the counter and cabinet space you'll ever need. The master bedroom has ocean views, master bath has jacuzzi tub AND shower, walk-in closet with custom shelving. The two other bedrooms are generous size, one with a private bath, the other with a door to the hall bath. You'd be hard pressed to find a better oceanfront location or bargain!

Last Agent to Sell the Property

Joel Cardwell

Charleston Expert Home Sellers, LLC License #88063 Listed on: 10/16/2017

Last Buyer's Agent

Belinda Fox

Carolina One Real Estate License #43742

Carolina One Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,456

Year Built

  • Built in 2000

Lot Details

  • Beach Front

HOA Fees

  • $1,083 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Utility Room
  • Ceramic Tile Flooring
  • Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Covered Patio or Porch

Schools

  • James Island Elementary And Middle School
  • James Island Charter High School

Utilities

  • Central Air
  • Heat Pump System

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,456

Year Built

Built in 2000

Lot Details

0

HOA Fees

$1,083 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 2000
  • Property Sub Type: Single Family Attached
  • Ownership: Condominium
  • Subdivision Name: None
  • Directions: Folly Road To Last Light On Folly, Arctic Avenue, Turn Left, Condominium Is On The Right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Condominium
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Spa Features: Whirlpool
  • Private Spa: Yes
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Ground Level
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling - Smooth, Garden Tub/Shower, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Living/Dining Combo, Utility
  • Window Features: Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Outside Access, Walk-In Closet(s)

Exterior Features

  • Roof: Architectural
  • Waterfront Features: Beach Access, Beach Front
  • Waterfront: Yes
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Covered
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trash
  • Association Fee: 13000
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

Tax Info

  • Tax Annual Amount: 6455.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2021
Sold by
Lubeskie Stephen John and Joyce Ex Lola
Bought by
Ex Properties Llc
Current Estimated Value
$771,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Outstanding Balance
$268,443
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$502,726

Purchase Details

Closed on
Oct 22, 2018
Sold by
Lubeskie Stephen J and Joyce Ex L
Bought by
Ex Properties Llc

Purchase Details

Listed on
Oct 16, 2017
Closed on
Nov 17, 2017
Sold by
Schreier Gayle
Bought by
Lubeskie Stephen J and Joyce Ex L
Seller's Agent
Joel Cardwell
Charleston Expert Home Sellers, LLC
Buyer's Agent
Belinda Fox
Carolina One Real Estate
List Price
$630,000
Sold Price
$630,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.54%
Original Mortgage
$380,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2010
Sold by
Jourdain William H and Jourdain Sharon J
Bought by
Schreier Gayle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2001
Sold by
Lauer Joseph Paul
Bought by
Jourdain William H and Jourdain Sharon J

Purchase Details

Closed on
Jun 5, 2000
Sold by
Seagrass Inc
Bought by
Lauer Joseph Paul
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ex Properties Llc -- None Available
Lubeskie Stephen John -- Ntc
Ex Properties Llc -- None Available
Lubeskie Stephen J $630,000 Nationwide Title Clearing
Schreier Gayle $440,000 --
Jourdain William H $419,000 --
Lauer Joseph Paul $339,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lubeskie Stephen John $310,000
Closed Lubeskie Stephen John $310,000
Previous Owner Lubeskie Stephen J $380,000
Previous Owner Schreier Gayle $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2017 11/30/17 Sold $630,000 0.0% $467 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $630,000 -- $467 / 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 $10,340 $37,800 $0 $0
2023 $9,397 $37,800 $0 $0
2022 $8,828 $37,800 $0 $0
2021 $8,653 $37,800 $0 $0
2020 $8,542 $37,800 $0 $0
2019 $8,994 $37,800 $0 $0
2017 $6,683 $29,400 $0 $0
2016 $6,456 $29,400 $0 $0
2015 $6,129 $29,400 $0 $0
2014 $5,318 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joel Cardwell

    Seller's Agent in 2017

    Joel Cardwell

    Charleston Expert Home Sellers, LLC

    (317) 850-0853

    88 Total Sales

    Joel Cardwell
    Section Image
  • Belinda Fox

    Buyer's Agent in 2017

    Belinda Fox

    Carolina One Real Estate

    (843) 499-2085

    13 Total Sales

    Belinda Fox
    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 17028206

CHS Regional MLS

APN: 328-14-00-373

South Carolina Charleston County Folly Beach 29439

111 E Arctic Ave Unit 101, Folly Beach, SC

Not Listed for Sale

Detached

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