NOT LISTED FOR SALE

605 E Arctic Ave Folly Beach, SC 29439

Estimated Value: $2,059,000 - $3,692,000

0.18 Acre
$15,325,456 Price per Acre
7,841 Sq Ft Lot

Last Sold November 15, 2017

Last sale price $900,000

Est. 207% increase in value since last sale

Current estimated payment $18,114/month

9 Days on Market

Highlights

  • Beach Front
  • James Island Elementary School Rated A-
  • 4-minute walk to Pirates Cove Playground

About This Lot

As of November 2017

Oceanfront property with gorgeous views of the ocean. The existing home is a tear down which will allow you to build your dream home on front beach. Walk to the restaurants and shops on Center St.

Last Agent to Sell the Property

Sherrie Lindberg

The Boulevard Company License #17668 Listed on: 09/14/2017

The Boulevard Company

Last Buyer's Agent

Sherrie Lindberg

The Boulevard Company License #17668 Listed on: 09/14/2017

The Boulevard Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,746

Lot Details

  • 7,841 Sq Ft Lot
  • Beach Front

Additional Homes

  • Residence on Property

Schools

  • James Island Elementary And Middle School
  • James Island Charter High School

Utilities

  • Natural Gas Connected
  • Septic Tank

Community Details

  • Folly Beach Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$7,746

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.18
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Folly Beach
  • Directions: Folly Rd To Folly Beach Center St Left Onto Arctic
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Waterfront Features: Beach Access, Beach Front
  • Waterfront: Yes
  • Other Structures: Residence

Garage/Parking

  • Open Parking: No

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic At Site
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected

Schools

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

Lot Info

  • Lot Size Sq Ft: 7840.799999
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3281500034
  • Tax Annual Amount: 7745.88

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2021
Sold by
Campbell Cynthia W
Bought by
Louthian Herbert W and Louthian Amy A
Current Estimated Value
$2,758,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
2.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 14, 2018
Sold by
605 E Arctic Llc
Bought by
Campbell Cynthia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
4.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 14, 2017
Closed on
Nov 15, 2017
Sold by
Sheppard John B
Bought by
605 E Arctic Llc
Seller's Agent
Sherrie Lindberg
The Boulevard Company
Buyer's Agent
Sherrie Lindberg
The Boulevard Company
List Price
$900,000
Sold Price
$900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.24%
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
Louthian Herbert W $2,525,000 None Available
Campbell Cynthia W $935,000 None Available
605 E Arctic Llc $900,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Alan O $1,360,000
Open Louthian Herbert W $1,999,999
Closed Campbell Cynthia W $1,360,000
Closed Louthian Herbert W $2,020,000
Previous Owner Campbell Cynthia W $1,360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2017 11/15/17 Sold $900,000 0.0% --
10/16/2017 10/16/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $900,000 -- --
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 $36,996 $151,500 $0 $0
2023 $36,996 $151,500 $0 $0
2022 $34,870 $151,500 $0 $0
2021 $19,925 $88,030 $0 $0
2020 $19,631 $88,030 $0 $0
2019 $11,239 $48,000 $0 $0
2017 $8,038 $46,000 $0 $0
2016 $7,746 $46,000 $0 $0
2015 $7,614 $46,000 $0 $0
2014 $6,990 $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: 17025340

CHS Regional MLS

APN: 328-15-00-034