NOT LISTED FOR SALE

111 E Arctic Ave Unit 201 Folly Beach, SC 29439

Estimated Value: $479,000 - $1,224,000

3 Beds
3 Baths
1,350 Sq Ft
$656/Sq Ft Est. Value

Last Sold April 24, 2018

Last sale price $675,000 $500 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,659/month

102 Days on Market

Highlights

  • Beach Front
  • Spa
  • Whirlpool Bathtub
  • James Island Elementary School Rated A-
  • Wood Flooring
  • Great Room

About This Home

As of April 2018

This 3 bedroom 3 bath condo, just steps from the Folly Beach Pier and Downtown, is the perfect relaxation retreat! Sold fully furnished for a true turnkey rental property! Great rental income!!! From the 2 king and 1 queen size beds to the stainless steel appliances and granite counter tops, everything is top notch. The views from this 2nd floor condo are awe-inspiring from sun up till sun down. From watching the dolphins play through out the day to the beautiful lights on the pier at night, its an absolute memorable vacation spot!Your 2 private parking places are only a few steps away from the conveniently located elevator that takes you directly to your front door. Here you are only 1/2 block from the fun and funky downtown Folly area. You are close enough to soak in the best of Folly!

Last Agent to Sell the Property

Joel Cardwell

Charleston Expert Home Sellers, LLC License #88063 Listed on: 12/08/2017

Last Buyer's Agent

John Byram

Fred Holland Realty License #69904

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,026

Year Built

  • Built in 2000

Lot Details

  • 10,280

HOA Fees

  • $1,083 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Raised Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,350 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Utility Room
  • Wood Flooring
  • Fire Sprinkler System

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

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

Additional Features

  • Adaptable For Elevator
  • Beach Front

Community Details

Overview

  • Seaside Villas I Subdivision

Amenities

  • Community Storage Space
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,026

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: Fee Simple
  • Subdivision Name: Seaside Villas I
  • Directions: Folly Road To Arctic Avenue, Left, Condo Building Is First Building On Right Past The Pier.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 3 Stories
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Structure Type: Condominium
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 3

Interior Features

  • Spa Features: Whirlpool
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Ceiling - Smooth, Elevator, Garden Tub/Shower, Walk-In Closet(s), Ceiling Fan(s), Entrance Foyer, Great, Living/Dining Combo, Utility
  • Window Features: Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Walk-In Closet(s)

Exterior Features

  • Roof: Architectural
  • Waterfront Features: Beach Access, Beach Front
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Exterior Features: Elevator Shaft
  • Foundation Details: Raised
  • Patio And Porch Features: Patio, Covered
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Laundry Features: Laundry Room
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevators, Storage
  • 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: 6026.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2017
Closed on
Apr 24, 2018
Sold by
K Spodarek Llc
Bought by
Isenberg Kory Elizabeth
Seller's Agent
Joel Cardwell
Charleston Expert Home Sellers, LLC
Buyer's Agent
John Byram
Fred Holland Realty
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$885,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,716
Avg. Annual Appreciation
3.63%
Original Mortgage
$506,250
Outstanding Balance
$435,366
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$450,350

Purchase Details

Closed on
Mar 17, 2014
Sold by
Spodarek Karen
Bought by
K Spodarek Llc

Purchase Details

Closed on
Jun 8, 2011
Sold by
Hope Ned A and Hope Katherine P
Bought by
Spodarek Karen

Purchase Details

Closed on
Aug 18, 2000
Sold by
Seagrass Inc
Bought by
Hope Ned A and Hope Katherine P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Isenberg Kory Elizabeth $675,000 None Available
K Spodarek Llc -- --
Spodarek Karen $397,000 --
Hope Ned A $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Isenberg Kory Elizabeth $506,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2018 04/24/18 Sold $675,000 0.0% $500 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
12/08/2017 12/08/17 For Sale $675,000 -- $500 / 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 $11,064 $40,500 $0 $0
2023 $10,053 $40,500 $0 $0
2022 $9,447 $40,500 $0 $0
2021 $9,259 $40,500 $0 $0
2020 $9,140 $40,500 $0 $0
2019 $9,624 $40,500 $0 $0
2017 $6,238 $27,390 $0 $0
2016 $6,026 $27,390 $0 $0
2015 $5,719 $27,390 $0 $0
2014 $1,517 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: CHS Regional MLS

MLS Number: 17032365

CHS Regional MLS

APN: 328-14-00-375