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

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 $16,797 / mo

14 Days on Market

Highlights

Beach Front
Contemporary Architecture
Tennis Courts
Sitting Area In Primary Bedroom
Wood Flooring
Wrap Around Porch

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

Last Buyer's Agent

Nonmember Licensee

NONMEMBER LICENSEE

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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

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.

Jul 2024 - Present 2 Years and 1 Month

Private Individual

Purchase Details

Listed on

Apr 24, 2024

Closed on

Jul 9, 2024

Sold by

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

Current Estimated Value

$2,437,047

Estimated Appreciation

-$447,953

Avg. Annual Appreciation

-7.90%

Apr 2012 - Jul 2024 12 Years and 3 Months

Private Individual

Purchase Details

Closed on

Apr 4, 2012

Sold by

Bought by

Mar 2001 - Apr 2012 11 Years and 1 Month

Private Individual

Purchase Details

Closed on

Mar 5, 2001

Sold by

Bought by

Aug 2000 - Mar 2001 7 Months

Private Individual

Purchase Details

Closed on

Aug 24, 2000

Sold by

Bought by

Source: Public Records

Agents Specializing in Folly Beach, SC

Stephanie Howard

AgentOwned Realty Charleston Group

(854) 205-4406

40 Total Sales

3 in Folly Beach

$440K - $1.9M Price Range

Stephanie Howard
Melissa Pugh

Realty ONE Group Coastal

(854) 777-0502

146 Total Sales

1 in Folly Beach

$960,000 Price

Melissa Pugh
Matthew Poole

Carolina One Real Estate

(843) 806-0742

197 Total Sales

10 in Folly Beach

$790K - $3.1M Price Range

Matthew Poole
Matt Van Bakergem

Responds Quickly

Carolina One Real Estate

(854) 205-3790

72 Total Sales

1 in Folly Beach

$355,000 Price

Matt Van Bakergem
Bart Jackson

Carolina One Real Estate

(854) 777-0337

41 Total Sales

1 in Folly Beach

$2,995,000 Price

Bart Jackson
Jayme Ellis

Coldwell Banker Realty

(361) 579-1614

111 Total Sales

1 in Folly Beach

$1,025,000 Price

Jayme Ellis

See All Agents

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
		$1,000,000	--
		--	--
		$600,000	--
		$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

B

Seller's Agent in 2024

Betsy Hunt

Carolina One Real Estate

(843) 324-7540

3 Total Sales

Betsy Hunt
N

Buyer's Agent in 2024

Nonmember Licensee

NONMEMBER LICENSEE

See All Agents

Map

Source: CHS Regional MLS

MLS Number: 24010277

APN: 328-15-00-022

South Carolina Charleston County Folly Beach 29439

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Nearby Homes

503 E Arctic Ave Folly Beach, SC 29439

Sale Details

Highlights

About This Home

Home Details

Home Type

Est. Annual Taxes

Year Built

Lot Details

Parking

Home Design

Interior Spaces

Kitchen

Flooring

Bedrooms and Bathrooms

Laundry

Outdoor Features

Schools

Utilities

Community Details

Overview

Recreation

Home Details

Listing Details

Interior Features

Exterior Features

Garage/Parking

Utilities

Condo/Co-op/Association

Schools

Lot Info

Multi Family

Tax Info

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Purchase Details

Purchase Details

Home Values in the Area

Average Home Value in this Area

Agents Specializing in Folly Beach, SC

Purchase History

Mortgage History

Property History

Tax History

Agents Affiliated with this Home

Map