S
Seller's Agent in 2024
Samuel Meader
Brand Name Real Estate
(843) 412-2014
3 in this area
11 Total Sales
403 E Arctic Ave Folly Beach, SC 29439
2
Beds
1
Bath
792
Sq Ft
6,970
Sq Ft Lot
Highlights
- Beach Front
- Deck
- Cottage
- James Island Elementary School Rated A-
- Wood Flooring
- Front Porch
About This Home
As of May 2024Great 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
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
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
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,890,000 | South Carolina Title | |
| Deed | $1,250,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $350,000 | New Conventional | |
| Previous Owner | $735,000 | New Conventional |
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
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
-
Samuel Meader
Map
Source: CHS Regional MLS
MLS Number: 24005193
APN: 328-15-00-012
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