412 W Arctic Ave Folly Beach, SC 29439
Estimated Value: $1,047,000 - $1,379,000
4
Beds
2
Baths
2,088
Sq Ft
$585/Sq Ft
Est. Value
Highlights
- Cottage
- Cooling Available
- Asbestos
- James Island Elementary School Rated A-
- Ceiling Fan
- 5-minute walk to Pirates Cove Playground
About This Home
As of June 2015Take a look at this classic 1940's Folly Beach SC 2nd row duplex. This property has been exceptionally maintained and is currently being utilized as a rental. The 2014 gross rental income was just over $55K. The upstairs exudes everything that is beach life with original heart of pine hardwood floors, bead boarded walls and ceilings, 2 nicely sized bedrooms, a perfectly arranged kitchen with vintage cabinets and a huge front screened in porch offering ocean views and wonderful breezes. The downstairs unit also offers another 2BR/1BA with plenty of space and it too has its own privately screened in porch. The property is directly across the street from a beach access point. Enjoy long beach walks and easily stroll down to Center St. from this perfectly situated location.This property shines with mature landscaping, parking for up to six cars, an outdoor shower to wash the days beach sand away and so much more. Enjoy all that Folly Beach is and has to offer from this perfect beach house.
Last Listed By
Carolina One Real Estate Folly Beach License #56911 Listed on: 03/23/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,457
Year Built
- Built in 1946
Lot Details
- 6,098 Sq Ft Lot
Home Design
- Cottage
- Slab Foundation
- Metal Roof
- Asbestos
Interior Spaces
- 2,088 Sq Ft Home
- Ceiling Fan
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- James Island Elementary And Middle School
- James Island Charter High School
Utilities
- Cooling Available
- Heat Pump System
- Septic Tank
Community Details
- Folly Beach Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2015
Closed on
Jun 22, 2015
Sold by
Members Of Bula Llc
Bought by
Rondero Hillary B and Rondero Fitzpatrick E
Seller's Agent
Adam Killermann
Carolina One Real Estate Folly Beach
Buyer's Agent
Adam Killermann
Carolina One Real Estate Folly Beach
List Price
$515,000
Sold Price
$515,000
Total Days on Market
23
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
$706,907
Avg. Annual Appreciation
10.51%
Original Mortgage
$386,250
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 16, 2011
Sold by
Jensen Holly R and Morganello Martin A
Bought by
Bula Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 21, 2011
Sold by
Bula Llc
Bought by
Jensen Holly R and Morganello Martin A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 18, 2009
Sold by
Morganello Martin A and Jensen Holly R
Bought by
Bula Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.89%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 17, 2009
Sold by
Bula Llc
Bought by
Morganello Martin A and Jensen Holly R
Purchase Details
Closed on
Nov 30, 2005
Sold by
Jensen Holly R and Morganello Martin A
Bought by
Bula Llc
Purchase Details
Closed on
Oct 28, 2005
Sold by
University Investing Corp
Bought by
Grant Peter D
Purchase Details
Closed on
Nov 23, 1999
Sold by
Kirkland Grant J
Bought by
University Investing Corp
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rondero Hillary B | $515,000 | -- | |
| Bula Llc | -- | -- | |
| Jensen Holly R | -- | -- | |
| Bula Llc | -- | -- | |
| Morganello Martin A | -- | -- | |
| Bula Llc | -- | None Available | |
| Jensen Holly R | $690,000 | None Available | |
| Grant Peter D | -- | -- | |
| University Investing Corp | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Rondero Fitzpatrick E | $555,000 | |
| Closed | Rondero Hillary B | $540,000 | |
| Closed | Rondero Hillary B | $386,250 | |
| Previous Owner | Jensen Holly R | $412,500 | |
| Previous Owner | Jensen Holly R | $417,000 | |
| Closed | Morganello Martin A | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/22/2015 06/22/15 | Sold | $515,000 | 0.0% | $247 / Sq Ft |
| 05/23/2015 05/23/15 | Pending | -- | -- | -- |
| 03/23/2015 03/23/15 | For Sale | $515,000 | -- | $247 / 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 |
|---|---|---|---|---|
| 2023 | $9,457 | $37,800 | $0 | $0 |
| 2022 | $8,869 | $37,800 | $0 | $0 |
| 2021 | $7,954 | $34,500 | $0 | $0 |
| 2020 | $7,853 | $34,500 | $0 | $0 |
| 2019 | $7,424 | $30,900 | $0 | $0 |
| 2017 | $7,056 | $30,900 | $0 | $0 |
| 2016 | $6,817 | $30,900 | $0 | $0 |
| 2015 | $6,974 | $33,000 | $0 | $0 |
| 2014 | $6,300 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Killermann
A
Seller's Agent in 2015
Adam Killermann
Carolina One Real Estate Folly Beach
(843) 452-4967
14 in this area
61 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 15007391
APN: 328-15-00-212
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