NOT LISTED FOR SALE

403 E Arctic Ave Folly Beach, SC 29439

Folly Beach Area

Estimated Value: $1,223,000 - $2,039,000

2 Beds
1 Bath
792 Sq Ft
$2,257/Sq Ft Est. Value

Sale Details

Date Sold: May 14, 2024

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

Est. 5% decrease in value since last sale

Current estimated payment $10,363 / mo

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 Agent to Sell the Property

Samuel Meader

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

Last Buyer's Agent

Samuel Meader

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

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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

6,970 Sq Ft Lot

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

Multi Family

Tax Info

  • Tax Annual Amount: 18604

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
May 6, 2024
Sold by
Bought by
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
113
Current Estimated Value
$1,787,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$102,278
Avg. Annual Appreciation
-2.47%
Original Mortgage
$350,000
Outstanding Balance
$342,119
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$1,445,603

Purchase Details

Closed on
Jan 5, 2021
Sold by
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Folly Beach, SC

  • Dawn Wilson Real Estate Agent - Carolina One Real Estate

    Dawn Wilson

    Responds Quickly

    Carolina One Real Estate

    (843) 438-5599

    105 Total Sales

    1 in Folly Beach

    $1,350,000 Price

    Dawn Wilson
     Section Image
  • Tim Rogers Real Estate Agent - The Peninsula Company, LLC

    Tim Rogers

    Responds Quickly

    The Peninsula Company, LLC

    (843) 203-8229

    70 Total Sales

    1 in Folly Beach

    $2,775,000 Price

    Tim Rogers
     Section Image
  • Rob Bailey Real Estate Agent - Carolina One Real Estate

    Rob Bailey

    Carolina One Real Estate

    (854) 444-7783

    129 Total Sales

    1 in Folly Beach

    $1,162,500 Price

    Rob Bailey
     Section Image
  • Jay Canady Real Estate Agent - Keller Williams Realty Charleston West Ashley

    Jay Canady

    Keller Williams Realty Charleston West Ashley

    (854) 205-2544

    38 Total Sales

    1 in Folly Beach

    $2,000,000 Price

    Jay Canady
     Section Image
  • Chris Facello Real Estate Agent - Carolina One Real Estate

    Chris Facello

    Responds Quickly

    Carolina One Real Estate

    (864) 385-1496

    386 Total Sales

    1 in Folly Beach

    $1,226,000 Price

    Chris Facello
     Section Image
  • Julian Bev Jenkins Real Estate Agent - NorthGroup Real Estate LLC

    Julian Bev Jenkins

    NorthGroup Real Estate LLC

    (854) 205-4253

    7 Total Sales

    1 in Folly Beach

    $1,460,000 Price

    Julian Bev Jenkins
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,890,000 South Carolina Title
$1,250,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $350,000
Previous Owner $735,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,448 $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

    10 Total Sales

    Samuel Meader
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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

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. © 2026 Charleston Trident MLS. All Rights Reserved

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