NOT LISTED FOR SALE

318 W Arctic Ave Folly Beach, SC 29439

Estimated Value: $1,167,000 - $1,545,871

3 Beds
2 Baths
1,992 Sq Ft
$664/Sq Ft Est. Value

Last Sold January 07, 2015

Last sale price $485,000 $243 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $7,373/month

34 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Front Porch
  • James Island Elementary School Rated A-
  • Cathedral Ceiling
  • Screened Patio

About This Home

As of January 2015

The owners have done a lot of work but more needs to be done to make this 2nd row home sparkle again. A new roof was installed Nov. 2012. Closed cell foam insulation was blown in all exterior walls, vaulted ceiling, and between floor joists of the upstairs living area. Most windows have been replaced. Beautiful tongue and groove wood has been installed on some walls. There are 2 electric meters and both levels have their own entry. However, there is an interior staircase that connects the 2 levels. All mechanicals need to be updated and the kitchen and bathrooms need to be improved. There is a screened in porch on the first floor.In addition, there are two upstairs decks - one new deck and one much improved one. Both decks provide great views of the ocean. This home is sold strictly as-is.Conveniently located just a few blocks from Center.

Last Agent to Sell the Property

Ulf Hartwig

Carolina One Real Estate Folly Beach License #13006 Listed on: 10/08/2014

Carolina One Real Estate Folly Beach

Last Buyer's Agent

Meghan Webster

Daniel Ravenel Sotheby's International Realty License #79169

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,049

Year Built

  • Built in 1940

Lot Details

  • 10,454 Sq Ft Lot
  • Wood Fence
  • Aluminum or Metal Fence

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,992 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Cathedral Ceiling
  • Combination Dining and Living Room
  • Laminate Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Screened Patio
  • Front Porch
  • Stoop

Schools

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

Utilities

  • Cooling Available
  • No Heating
  • Septic Tank

Community Details

  • Folly Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,049

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1940
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.24
  • Ownership: Fee Simple
  • Subdivision Name: Folly Beach
  • Directions: From Center St Going Towards The Beach, Turn Left Onto E Arctic Ave. Home Will Be On The Left Between 3rd & 4th Streets, #318.
  • 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

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Ceiling - Blown, Ceiling - Cathedral/Vaulted, Living/Dining Combo
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Architectural
  • Fencing: Fence - Metal Enclosed, Fence - Wooden Enclosed
  • Construction Type: Wood Siding
  • Exterior Features: Stoop
  • Foundation Details: Crawl Space, 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: Yes
  • Heating Yn: No
  • Sewer: Septic Tank
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3281500073

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2014
Closed on
Jan 7, 2015
Sold by
Owen Terry A and Owen Emily R
Bought by
Rather Shacks Llc
Seller's Agent
Ulf Hartwig
Carolina One Real Estate Folly Beach
Buyer's Agent
Meghan Webster
Daniel Ravenel Sotheby's International Realty
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$1,321,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$836,718
Avg. Annual Appreciation
10.15%
Original Mortgage
$339,500
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2012
Sold by
Perry David and Perry Heather
Bought by
Owen Emily R and Owen Terry A

Purchase Details

Closed on
Jul 11, 2003
Sold by
Estate Of St Clair Marshall Chavis and Fields Richard E
Bought by
Perry David and Perry Heather
Source: Public Records

Range of Values:

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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
Rather Shacks Llc $485,000 --
Owen Emily R $375,000 --
Perry David $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rather Shacks Llc $339,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2015 01/07/15 Sold $485,000 0.0% $243 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
10/07/2014 10/07/14 For Sale $485,000 -- $243 / 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 $2,049 $20,600 $0 $0
2023 $2,049 $20,600 $0 $0
2022 $1,993 $20,600 $0 $0
2021 $7,105 $30,900 $0 $0
2020 $7,014 $30,900 $0 $0
2019 $7,383 $30,900 $0 $0
2017 $6,617 $29,100 $0 $0
2016 $6,392 $29,100 $0 $0
2015 $2,012 $19,400 $0 $0
2014 $1,853 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ulf Hartwig

    Seller's Agent in 2015

    Ulf Hartwig

    Carolina One Real Estate Folly Beach

    (843) 442-2459

    49 in this area

    73 Total Sales

    Ulf Hartwig
    Section Image

  • M

    Buyer's Agent in 2015

    Meghan Webster

    Daniel Ravenel Sotheby's International Realty

    (843) 723-7150

    73 Total Sales

    Meghan Webster
    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 1426771

CHS Regional MLS

APN: 328-15-00-073

South Carolina Charleston County Folly Beach 29439

318 W Arctic Ave, Folly Beach, SC

This home is located at 318 W Arctic Ave, Folly Beach, SC 29439 since 08 October 2014 and is currently estimated at $1,321,718, approximately $663 per square foot. This property was built in 1940. 318 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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