NOT LISTED FOR SALE

503 E Arctic Ave Folly Beach, SC 29439

Folly Beach Area

Estimated Value: $2,437,047

4 Beds
3.5 Baths
3,445 Sq Ft
$707/Sq Ft Est. Value

Sale Details

Date Sold: July 15, 2024

Last sale price $2,885,000 $837 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $16,309 / mo

14 Days on Market

Highlights

  • Beach Front
  • Sitting Area In Primary Bedroom
  • Wood Flooring
  • James Island Elementary School Rated A-
  • Contemporary Architecture
  • 4-minute walk to Pirates Cove Playground

About This Home

As of July 2024

Welcome to this gorgeous ocean front home located just 5 blocks from Center St. Upon entering the home there is a grand foyer with beautiful walnut flooring throughout the first floor. The open floor plan features a kitchen, dining room & living room with spectacular views of the ocean. The private primary suite is located on the second floor. There is a private kitchen and separate sitting room, two large closets & a spacious bathroom. There is a private balcony overlooking the ocean. On the main level there are 3 bedrooms 2.5 baths & sitting room. A large deck surrounds the entire back of the home to enjoy the breathtaking views. Do not miss this opportunity to live on Folly Beach.

Last Agent to Sell the Property

Betsy Hunt

Carolina One Real Estate License #61135 Listed on: 04/24/2024

Carolina One Real Estate

Last Buyer's Agent

Nonmember Licensee

NONMEMBER LICENSEE

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,383

Year Built

  • Built in 1994

Lot Details

  • 10,890 Sq Ft Lot
  • Beach Front
  • Interior Lot
  • Irrigation

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Architectural Shingle Roof
  • Cement Siding

Interior Spaces

  • 3,445 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Insulated Doors
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Dual Closets
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Wrap Around Porch
  • Rain Gutters

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

Overview

  • Folly Beach Subdivision

Recreation

  • Tennis Courts
  • Park
  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,383

Year Built

Built in 1994

Lot Details

0.25 Acres

Parking

4

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Contemporary
  • Year Built: 1994
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.25
  • Ownership: Fee Simple
  • Subdivision Name: Folly Beach
  • Directions: From James Island Take Folly Rd To Folly Beach. Turn Left On Arctic Ave Go 5 Blocks And Home Will Be On The Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Built-In Electric Oven, Dishwasher, Electric Cooktop, Microwave, Refrigerator
  • Other Equipment: Irrigation Equipment
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, Kitchen Island, Walk-In Closet(s), Wet Bar, Family, Entrance Foyer, Living/Dining Combo, Pantry
  • Window Features: Thermal Windows/Doors
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Multiple Closets, Sitting Room, Walk-In Closet(s)

Exterior Features

  • Roof: Architectural
  • Lot Features: Interior Lot
  • Waterfront Features: Beach Access, Beach Front, Waterfront - Deep
  • Waterfront: Yes
  • Construction Type: Cement Siding
  • Exterior Features: Lawn Irrigation, Rain Gutters
  • Foundation Details: Raised, Pillar/Post/Pier
  • Other Structures: No
  • Patio And Porch Features: Covered, Front Porch, Wrap Around
  • Property Condition: Pre-Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: No
  • Parking Features: 4 Car Garage, Attached, Garage Door Opener
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Laundry Room
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: City of Folly Beach, Dominion Energy

Condo/Co-op/Association

  • Community Features: Dog Park, Park, Tennis Court(s), Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 10890

Multi Family

Tax Info

  • Tax Annual Amount: 17383.34

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
Apr 24, 2024
Closed on
Jul 9, 2024
Sold by
J D Tipton Llc
Bought by
Seller's Agent
Betsy Hunt
Carolina One Real Estate
Buyer's Agent
Nonmember Licensee
NONMEMBER LICENSEE
List Price
$3,300,000
Sold Price
$2,885,000
Premium/Discount to List
-$415,000
-12.58%
Views
43
Current Estimated Value
$2,437,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$447,953
Avg. Annual Appreciation
-7.45%

Purchase Details

Closed on
Apr 4, 2012
Sold by
Wingard Thomas D and Wingard Gloria
Bought by
Tipton James W

Purchase Details

Closed on
Mar 5, 2001
Sold by
Wingard Joseph Theodore
Bought by
Wingard Thomas D and Wingard Gloria

Purchase Details

Closed on
Aug 24, 2000
Sold by
Ebo Limited Partnership
Bought by
Wingard Joseph Theodore
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

  • Tim Rogers Real Estate Agent - The Peninsula Company, LLC

    Tim Rogers

    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

    131 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

    385 Total Sales

    1 in Folly Beach

    $1,226,000 Price

    Chris Facello
     Section Image
  • Stephanie Howard Real Estate Agent - AgentOwned Realty Charleston Group

    Stephanie Howard

    AgentOwned Realty Charleston Group

    (854) 205-4406

    39 Total Sales

    3 in Folly Beach

    $440K - $1.9M Price Range

    Stephanie Howard
     Section Image
  • Melissa Pugh Real Estate Agent - Realty ONE Group Coastal

    Melissa Pugh

    Realty ONE Group Coastal

    (854) 777-0502

    146 Total Sales

    1 in Folly Beach

    $960,000 Price

    Melissa Pugh
     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
$2,885,000 None Listed On Document
Tipton James W $1,000,000 --
J D Tipton Llc -- --
Wingard Thomas D $600,000 --
Wingard Joseph Theodore $600,000 --
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
Previous Owner $355,000
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
07/15/2024 07/15/24 Sold $2,885,000 -12.6% $837 / Sq Ft
04/25/2024 04/25/24 For Sale $3,300,000 -- $958 / 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 $40,514 $72,820 $0 $0
2023 $17,898 $72,820 $0 $0
2022 $16,849 $72,820 $0 $0
2021 $16,512 $72,820 $0 $0
2020 $16,298 $72,820 $0 $0
2019 $16,455 $69,770 $0 $0
2017 $15,625 $69,770 $0 $0
2016 $15,086 $69,770 $0 $0
2015 $14,360 $69,770 $0 $0
2014 $14,872 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • BH

    Seller's Agent in 2024

    Betsy Hunt

    Carolina One Real Estate

    (843) 324-7540

    3 Total Sales

    Betsy Hunt
    Section Image

  • NL

    Buyer's Agent in 2024

    Nonmember Licensee

    NONMEMBER LICENSEE

See All Agents

Map

Source: CHS Regional MLS

MLS Number: 24010277

CHS Regional MLS

APN: 328-15-00-022

South Carolina Charleston County Folly Beach 29439

503 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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