NOT LISTED FOR SALE

412 W Arctic Ave Folly Beach, SC 29439

Estimated Value: $1,255,000 - $1,297,000

4 Beds
2 Baths
2,088 Sq Ft
$615/Sq Ft Est. Value

Last Sold June 22, 2015

Last sale price $515,000 $247 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $7,621/month

23 Days on Market

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 2015

Take 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 Agent to Sell the Property

Adam Killermann

Carolina One Real Estate Folly Beach License #56911 Listed on: 03/23/2015

Carolina One Real Estate Folly Beach

Last Buyer's Agent

Adam Killermann

Carolina One Real Estate Folly Beach License #56911 Listed on: 03/23/2015

Carolina One Real Estate Folly Beach

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,457

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage
  • Year Built: 1946
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.14
  • Subdivision Name: Folly Beach
  • Directions: Center St. To Arctic Ave. Left Onto Arctic Ave. Property Will Be On The Left 1/2 Way Past E. 4th. St.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Roof: Metal
  • Construction Type: Asbestos
  • Foundation Details: Slab
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Other (Use Remarks)

Utilities

  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: SCE & G
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3281500212

Multi Family

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
Current Estimated Value
$1,283,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$768,867
Avg. Annual Appreciation
9.28%
Original Mortgage
$386,250
Outstanding Balance
$300,648
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$983,219

Purchase Details

Closed on
Nov 16, 2011
Sold by
Jensen Holly R and Morganello Martin A
Bought by
Bula Llc

Purchase Details

Closed on
Oct 21, 2011
Sold by
Bula Llc
Bought by
Jensen Holly R and Morganello Martin A

Purchase Details

Closed on
May 18, 2009
Sold by
Morganello Martin A and Jensen Holly R
Bought by
Bula Llc

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
Source: Public Records

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
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
Open Rondero Hillary B $386,250
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

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 $9,457 $37,800 $0 $0
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

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Map

Source: CHS Regional MLS

MLS Number: 15007391

CHS Regional MLS

APN: 328-15-00-212