NOT LISTED FOR SALE

403 E Arctic Ave Folly Beach, SC 29439

Estimated Value: $1,852,530 - $1,957,000

2 Beds
1 Bath
792 Sq Ft
$2,411/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $1,890,000 $2,386 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $10,527/month

About This Home

As of May 2024

Great OCEANFRONT value. This 2BR / 1Ba home was gutted and remodeled in 2021 with open floor plan, new windows/sliders, structural enhancements, all new appliances and decor, and a full width deck capturing amazing views of the Atlantic. HVAC inside unit replaced 2021 and pre existing metal roof was sealed/weathercoated. Large drive under garage / storage below with funky Folly outdoor shower! Perfect getaway beach cottage or buy this as a blank canvas to build your dream beachfront home. All just a short 4 block walk to the pier and Center Street and all the wonderful restaurants and shops that Folly has to offer. In 2024 Folly Beach is undergoing beach sand renourishment that will add extra sand dunes on ocean side of this property.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
May 6, 2024
Sold by
Duke Tyler Brandon and Duke Meagan Leigh
Bought by
Mittl Ralph
Seller's Agent
Samuel Meader
Brand Name Real Estate
Buyer's Agent
Samuel Meader
Brand Name Real Estate
List Price
$1,999,999
Sold Price
$1,890,000
Premium/Discount to List
-$109,999
-5.5%
Views
115
Current Estimated Value
$1,909,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,633
Avg. Annual Appreciation
0.75%
Original Mortgage
$350,000
Outstanding Balance
$345,294
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$1,564,339

Purchase Details

Closed on
Jan 7, 2021
Sold by
Davis Clark J and The Estate Of Gerald F Davis
Bought by
Duke Tyler Brandon and Duke Meagan Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
2.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Mittl Ralph $1,890,000 South Carolina Title
Duke Tyler Brandon $1,250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mittl Ralph $350,000
Previous Owner Duke Tyler Brandon $735,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $1,890,000 -5.5% $2,386 / Sq Ft
03/01/2024 03/01/24 For Sale $1,999,999 -- $2,525 / Sq Ft

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 $4,834 $52,000 $0 $0
2023 $4,834 $78,000 $0 $0
2022 $18,036 $78,000 $0 $0
2021 $3,279 $33,800 $0 $0
2020 $3,389 $33,800 $0 $0
2019 $3,472 $33,790 $0 $0
2017 $3,315 $35,790 $0 $0
2016 $3,172 $35,790 $0 $0
2015 $3,332 $35,790 $0 $0
2014 $3,016 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Samuel Meader

    Brand Name Real Estate

    (843) 412-2014

    3 in this area

    11 Total Sales

    Samuel Meader
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Map

South Carolina Charleston County Folly Beach 29439

403 E Arctic Ave, Folly Beach, SC

This home is located at 403 E Arctic Ave, Folly Beach, SC 29439 and is currently estimated at $1,909,633, approximately $2,411 per square foot. 403 E 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.

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