NOT LISTED FOR SALE

403 E Arctic Ave Folly Beach, SC 29439

Estimated Value: $1,767,075 - $2,022,000

2 Beds
1 Bath
792 Sq Ft
$2,446/Sq Ft Est. Value

Last Sold May 14, 2024

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

Est. 2% increase in value since last sale

Current estimated payment $11,245/month

45 Days on Market

Highlights

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

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.

Last Listed By

Samuel Meader

Brand Name Real Estate License #94192 Listed on: 03/01/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,604

Year Built

  • Built in 1990

Lot Details

  • 6,970 Sq Ft Lot
  • Beach Front

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Metal Roof
  • Cement Siding

Interior Spaces

  • 792 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Exterior Basement Entry
  • Eat-In Kitchen
  • Stacked Washer and Dryer

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,604

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage
  • Year Built: 1990
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.16
  • Subdivision Name: None
  • Directions: From Center Street Light On Folly Go Straight To E Arctic Ave Turn Left And It Is Second House On Right Just After 4th St E Beach Access.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Refrigerator, Washer/Dryer Stacked, Tankless Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Eat-in Kitchen, Living/Dining Combo
  • Master Bedroom Features: Outside Access
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Metal
  • Lot Features: 0 - .5 Acre
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Construction Type: Cement Plank
  • Foundation Details: Raised, Pillar/Post/Pier
  • Other Structures: None
  • Patio And Porch Features: Deck, Front Porch
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Dominion Energy
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3281500012
  • Tax Annual Amount: 18604

Multi Family

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%
Total Days on Market
45
Views
115
Current Estimated Value
$1,937,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,019
Avg. Annual Appreciation
2.41%
Original Mortgage
$350,000
Outstanding Balance
$346,813
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$1,590,206

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

Range of Values:

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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
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 $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

    4 in this area

    13 Total Sales

    Samuel Meader
    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 24005193

CHS Regional MLS

APN: 328-15-00-012

South Carolina Charleston County Folly Beach 29439

403 E Arctic Ave, Folly Beach, SC

Homes for Sale in Folly Beach, SC

This home is located at 403 E Arctic Ave, Folly Beach, SC 29439 since 01 March 2024 and is currently estimated at $1,937,019, approximately $2,445 per square foot. This property was built in 1990. 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.

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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