NOT LISTED FOR SALE

113 E Arctic Ave Unit C Folly Beach, SC 29439

Estimated Value: $495,000 - $2,087,393

4 Beds
4.5 Baths
3,111 Sq Ft
$454/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $1,350,000 $434 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,860/month

11 Days on Market

Highlights

  • Beach Front
  • Two Primary Bedrooms
  • Balcony
  • James Island Elementary School Rated A-
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of March 2021

The endless views of the Atlantic as you enter this Folly Beach home let you know that relaxation will be the only thing on your agenda. This fully furnished, 4 bedroom, 4 and one half bath beauty with Travertine flooring throughout the property, is adjacent to the Folly Beach Pier and just steps to the beach. The gourmet kitchen with a Wolf gas range and a Subzero refrigerator opens to the great room and dining room. The 2nd floor master bedroom offers breathtaking ocean views and a luxurious spa-like bath. Each additional bedroom suite includes private bath and access to a private balcony. The intimate courtyard tucked between third floor private suites, is a tranquil place for morning coffee and provide spiral stair access to the rooftop deck.The 360 degree rooftop views remind you why this beautiful beachside town is affectionately called ''The Edge of America.'' Home is being sold fully furnished!

Last Agent to Sell the Property

Reid Walker

The Exchange Company, LLC License #86737 Listed on: 11/15/2020

Co-Listed By

Taylor Miller

Luxury Simplified Real Estate, INC

Last Buyer's Agent

Reid Walker

The Exchange Company, LLC License #86737 Listed on: 11/15/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • Beach Front

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 3,111 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Tray Ceiling
  • Smooth Ceilings
  • Ceiling Fan
  • Window Treatments
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Utility Room
  • Laundry Room
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Dual Closets

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

  • Folly Beach Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Year Built: 2009
  • Property Sub Type: Single Family Attached
  • Subdivision Name: Folly Beach
  • Directions: Take Folly Rd To Town Of Folly Beach. Folly Rd Will Turn Into Center St. Take Center St Until It Ends At The Tides Hotel. Turn Left. Condo Is On The Right, Just After Folly Beach Pier
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 3 Stories
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Structure Type: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Family Room, Living Room, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling - Smooth, Tray Ceiling(s), Elevator, Kitchen Island, Ceiling Fan(s), Eat-in Kitchen, Family, Formal Living, Living/Dining Combo, Separate Dining, Utility
  • Window Features: Storm Window(s), Window Treatments, Window Treatments - Some
  • Master Bedroom Features: Ceiling Fan(s), Dual Masters, Multiple Closets
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: See Remarks
  • Waterfront Features: Beach Access, Beach Front, Waterfront - Deep
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: 3 Car Garage, Garage Door Opener
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Dominion Energy
  • Water Source: Public

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2020
Closed on
Feb 23, 2021
Sold by
Bridge Charleston Investments Llc
Bought by
Schulman Jeffrey T and Vanness Schulman Lynda
Seller's Agent
Reid Walker
The Exchange Company, LLC
Buyer's Agent
Reid Walker
The Exchange Company, LLC
List Price
$1,350,000
Sold Price
$1,350,000
Current Estimated Value
$1,413,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,598
Avg. Annual Appreciation
0.96%

Purchase Details

Closed on
Sep 8, 2014
Sold by
Markowitz Judy
Bought by
Bridge Charleston Investments E Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2012
Sold by
113 East Arctic Llc
Bought by
Markowitz Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
3.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 23, 2010
Sold by
Renasant Bank
Bought by
113 East Arctic Llc

Purchase Details

Closed on
Apr 28, 2010
Sold by
Jem Development Llc
Bought by
Renasant Bank
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
Schulman Jeffrey T $1,350,000 None Available
Bridge Charleston Investments E Llc $1,000,000 --
Markowitz Judy $642,167 --
113 East Arctic Llc $774,000 --
Renasant Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bridge Charleston Investments E Llc $675,000
Previous Owner Markowitz Judy $326,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2021 03/03/21 Sold $1,350,000 0.0% $434 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
11/15/2020 11/15/20 For Sale $1,350,000 -- $434 / 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 $5,171 $52,000 $0 $0
2023 $4,834 $54,000 $0 $0
2022 $4,947 $54,000 $0 $0
2021 $15,655 $46,000 $0 $0
2020 $15,452 $69,000 $0 $0
2019 $14,175 $60,000 $0 $0
2017 $13,461 $60,000 $0 $0
2016 $12,997 $60,000 $0 $0
2015 $12,368 $60,000 $0 $0
2014 $12,539 $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: 20031032

CHS Regional MLS

APN: 328-14-00-455