NOT LISTED FOR SALE

1119 E Arctic Ave E Folly Beach, SC 29439

Estimated Value: $1,845,000 - $2,695,422

3 Beds
3 Baths
1,037 Sq Ft
$2,131/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $1,385,000 $1,336 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $15,028/month

1 Day on Market

Highlights

  • Beach Front
  • Deck
  • Cottage
  • James Island Elementary School Rated A-
  • Wood Flooring
  • Front Porch

About This Home

As of March 2021

Located just 20 minutes from historic Charleston, this charming oceanfront cottage sits on a large lot offering unobstructed views of the ocean. The newly renovated house stuns with natural light, wood floors, an open floor plan, new stainless steel appliances, a screened-in porch, and two oceanfront decks-one directly on the beach-providing perfect places to relax! Two bedrooms and a full bath are on the upper level. A separate entrance provides access to a third, ground level bedroom with two full baths- perfect for guests. The large lot provides the opportunity to build with enough room for a pool if desired. Oceanfront properties like this do not come up for sale often at Folly Beach so act fast!

Last Agent to Sell the Property

Randal Longo

iSave Realty License #SC 75999 Listed on: 01/28/2021

Last Buyer's Agent

justin natale

The Boulevard Company License #90188

The Boulevard Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,599

Year Built

  • Built in 1950

Lot Details

  • 10,454 Sq Ft Lot
  • Beach Front

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,037 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Screened Patio
  • Front Porch

Schools

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

Utilities

  • No Cooling
  • Heating Available
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,599

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage
  • Year Built: 1950
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.24
  • Subdivision Name: None
  • Directions: Turn Right On Arctic E And Follow On Down To 1119.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Ceiling - Smooth, Ceiling Fan(s)

Exterior Features

  • Roof: Asphalt
  • Waterfront Features: Beach Access, Beach Front
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Porch - Full Front, Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Cooling Y N: No
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

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

Lot Info

  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4391300009
  • Tax Annual Amount: 11598.68

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Mar 24, 2021
Sold by
Bimini Folly Beach Llc
Bought by
1119 E Arctic Llc
Seller's Agent
Randal Longo
iSave Realty
Buyer's Agent
justin natale
The Boulevard Company
List Price
$1,385,000
Sold Price
$1,385,000
Total Days on Market
1
Current Estimated Value
$2,209,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$824,856
Avg. Annual Appreciation
11.71%
Original Mortgage
$1,185,750
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 2019
Sold by
Ball Cynthia Henley
Bought by
Bimini Folly Beach Llc
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
1119 E Arctic Llc $1,385,000 Harvey & Vallini Llc
Bimini Folly Beach Llc $860,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 1119 E Arctic Llc $1,185,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $1,385,000 0.0% $1,336 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $1,385,000 -- $1,336 / 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 $32,190 $131,700 $0 $0
2022 $17,937 $78,000 $0 $0
2021 $11,750 $51,600 $0 $0
2020 $11,599 $51,600 $0 $0
2019 $11,654 $49,200 $0 $0
2017 $11,069 $49,200 $0 $0
2016 $10,688 $49,200 $0 $0
2015 $10,166 $49,200 $0 $0
2014 $10,325 $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: 21002322

CHS Regional MLS

APN: 439-13-00-009