NOT LISTED FOR SALE

710 W Arctic Ave Folly Beach, SC 29439

Estimated Value: $1,620,811 - $2,248,000

7 Beds
4 Baths
3,932 Sq Ft
$481/Sq Ft Est. Value

Last Sold April 05, 2022

Last sale price $1,900,000 $483 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $12,320/month

7 Days on Market

Highlights

  • Boat Ramp
  • Deck
  • Wood Flooring
  • James Island Elementary School Rated A-
  • Traditional Architecture
  • High Ceiling

About This Home

As of April 2022

710 E Arctic is a triplex on the second row of Folly Beach. The two downstairs unit each have two bedrooms,one bath, a screened in porch and a front patio. Quite a bit of space to enjoy the beach and weather. The combined gross rental income for the two downstairs units last year was $76,689.40 (ask your agent for the information). The owner lives upstairs in the three bedroom two bath home with a large loft. From the front porch you will hear the ocean, feel the breeze with peeks of the ocean between the front beach homes. This unit has been owner occupied since the early 90's. The projected rental income for the upstairs unit is $75449 if it was on the rental market. The upstairs unit A has a new generator so power interruptions are minimized. Beach access across the street.

Last Agent to Sell the Property

Matthew Poole

Carolina One Real Estate License #23176 Listed on: 02/22/2022

Carolina One Real Estate

Co-Listed By

Randall Sandin

Carolina One Real Estate License #67332

Last Buyer's Agent

Mason Wright

Charleston Premier Realty License #113381

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,641

Year Built

  • Built in 1942

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 70x144x70x144

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 3,932 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Window Treatments
  • Living Room with Fireplace

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Screened Patio
  • Separate Outdoor Workshop
  • Front Porch

Schools

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

Utilities

  • Central Air
  • No Heating
  • Septic Tank

Community Details

Overview

  • Folly Beach Subdivision

Recreation

  • Boat Ramp
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,641

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1942
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.24
  • Lot Size: 70x144x70x144
  • Co List Office Mls Id: 1190
  • Co List Office Phone: 843-795-7810
  • Ownership: Fee Simple
  • Subdivision Name: Folly Beach
  • Directions: Folly Road To Folly Beach. Turn Left Onto E Arctic Ave Property Is On The 7th Block.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 3 Stories
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Fireplace Features: Living Room, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: High Ceilings, Walk-In Closet(s)
  • Window Features: Window Treatments - Some

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: Workshop
  • Patio And Porch Features: Deck, Front Porch, Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: No
  • Parking Features: 1 Car Garage
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Septic Tank
  • Utilities: Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Park, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3281600071

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2024
Sold by
Saluda Grade Short Term Rental Inc
Bought by
Emmett Erik
Current Estimated Value
$1,814,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,257,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2022
Closed on
Mar 10, 2022
Sold by
Donold S Poole Revocable Living Trust
Bought by
Saluda Grande Short Term Rental Inc
Seller's Agent
Matthew Poole
Carolina One Real Estate
Buyer's Agent
Mason Wright
Charleston Premier Realty
List Price
$2,150,000
Sold Price
$1,900,000
Premium/Discount to List
-$250,000
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.69%

Purchase Details

Closed on
Jul 16, 2004
Sold by
Poole Donold S and Poole Patricia M
Bought by
Poole Donold S and Poole Patricia M
Source: Public Records

Range of Values:

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Average Value
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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
Emmett Erik $1,595,000 None Listed On Document
Saluda Grande Short Term Rental Inc $1,900,000 --
Saluda Grande Short Term Rental Inc $1,900,000 None Listed On Document
Poole Donold S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emmett Erik $1,248,150
Previous Owner Emmett Erik $1,257,000
Previous Owner Saluda Grade Short Term Rental $1,425,000
Previous Owner Poole Donold S $137,500
Previous Owner Poole Patricia M $100,000
Previous Owner Poole Patricia M $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2022 04/05/22 Sold $1,900,000 -11.6% $483 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $2,150,000 -- $547 / 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 $28,641 $116,400 $0 $0
2023 $28,641 $114,000 $0 $0
2022 $12,169 $51,900 $0 $0
2021 $7,428 $41,080 $0 $0
2020 $7,404 $41,080 $0 $0
2019 $6,900 $36,320 $0 $0
2017 $6,567 $38,320 $0 $0
2016 $6,334 $38,320 $0 $0
2015 $6,294 $38,320 $0 $0
2014 $6,110 $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: 22004393

CHS Regional MLS

APN: 328-16-00-071