NOT LISTED FOR SALE

1115 W Arctic Ave Folly Beach, SC 29439

Estimated Value: $1,087,000 - $1,464,000

1 Bed
1 Bath
654 Sq Ft
$1,964/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $793,000 $1,213 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $7,697/month

191 Days on Market

Highlights

  • Beach Front
  • Deck
  • Formal Dining Room
  • James Island Elementary School Rated A-
  • Cottage
  • Cooling Available

About This Home

As of January 2021

Fantastic Small Oceanfront Lot! Million Dollar Views!! Unique opportunity to own a .12-acre lot to build your dream home or renovate this bungalow on front beach. One of only fourteen smaller oceanfront lots on all of Folly Beach! Endless possibilities! Vacation home or permanent residence. Great location - short distance to downtown Folly where you can enjoy an enticing variety of restaurants, bars, live music and shops. Imagine awakening to a beautiful sunrise, a stroll on the beach, sand between your toes and retiring each day to the sound of the majestic ocean waves. Folly Beach is a surfer's paradise, one of the best locations on the east coast. It is strategically located twenty miles from the airport and eight miles from Charleston County Park. Folly Beach is also the closestbeach to historic downtown Charleston being only ten miles away. Enjoy the laid-back beach lifestyle, wildlife-rich habitats, and views of Morris Island Lighthouse! You must personally view this incredible piece of property to appreciate its value! A $2,500 Lender Credit is available and will be applied towards the buyer's closing costs and pre-paids if the buyer chooses to use the seller's preferred lender. This credit is in addition to any negotiated seller concessions.

Last Agent to Sell the Property

Elton Culpepper

Carolina One Real Estate License #92481 Listed on: 05/17/2020

Carolina One Real Estate

Last Buyer's Agent

Tift Mitchell

Tift Properties License #77945

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Beach Front
  • Elevated Lot

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 654 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Family Room
  • Formal Dining Room
  • Washer

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • Deck

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Community Details

  • Folly Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,640

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage
  • Year Built: 1940
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.12
  • Subdivision Name: Folly Beach
  • Directions: Folly Rd To Folly Beach Take Center St To End Left On E Arctic Property Is 1.8 Miles On Right
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Ceiling - Blown, Family, Separate Dining

Exterior Features

  • Roof: Architectural
  • Lot Features: 0 - .5 Acre, High
  • Waterfront Features: Beach Access, Beach Front
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Property Condition: Pre-Owned

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Carport
  • Total Parking Spaces: 2

Utilities

  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4391300008
  • Tax Annual Amount: 2640

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2020
Closed on
Jan 22, 2021
Sold by
Derochefort Pierre and Estate Of Susan Breslin
Bought by
Mitchell Christopher Tift
Seller's Agent
Elton Culpepper
Carolina One Real Estate
Buyer's Agent
Tift Mitchell
Tift Properties
List Price
$695,000
Sold Price
$793,000
Premium/Discount to List
$98,000
14.1%
Total Days on Market
191
Current Estimated Value
$1,284,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,387
Avg. Annual Appreciation
11.94%
Original Mortgage
$634,400
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Mitchell Christopher Tift $793,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Christopher Tift $1,715,500
Closed Mitchell Christopher Tift $634,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2021 01/25/21 Sold $793,000 +14.1% $1,213 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
05/17/2020 05/17/20 For Sale $695,000 -- $1,063 / 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
2023 $6,254 $44,580 $0 $0
2022 $10,282 $44,580 $0 $0
2021 $2,746 $28,000 $0 $0
2020 $2,646 $26,000 $0 $0
2019 $2,641 $25,280 $0 $0
2017 $2,523 $27,280 $0 $0
2016 $2,416 $27,280 $0 $0
2015 $2,527 $27,280 $0 $0
2014 $2,334 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elton Culpepper

    Seller's Agent in 2021

    Elton Culpepper

    Carolina One Real Estate

    (843) 795-7810

    11 in this area

    70 Total Sales

    Elton Culpepper
    Section Image

  • T

    Buyer's Agent in 2021

    Tift Mitchell

    Tift Properties

    (843) 514-8566

    9 in this area

    73 Total Sales

    Tift Mitchell
    Section Image
See All Agents

Map

Source: CHS Regional MLS

MLS Number: 20013288

CHS Regional MLS

APN: 439-13-00-008

South Carolina Charleston County Folly Beach 29439

1115 W Arctic Ave, Folly Beach, SC

This home is located at 1115 W Arctic Ave, Folly Beach, SC 29439 since 17 May 2020 and is currently estimated at $1,284,387, approximately $1,963 per square foot. This property was built in 1940. 1115 W Arctic Ave is a home located in Charleston County with nearby schools including James Island Elementary School and Camp Road Middle.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

CHS Regional MLS The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2025 Charleston Trident MLS. All Rights Reserved

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