$2,500,000
SOLD APR 2, 2021

811 W Arctic Ave Folly Beach, SC 29439

7 Beds
5 Baths
3,596 Sq Ft
0.36 Acres

Recently Sold

$695 Per Sq Ft

7 Days on Market

Highlights

  • Beach Front
  • Deck
  • Balcony
  • James Island Elementary School Rated A-
  • Traditional Architecture
  • Cooling Available

About This Home

As of May 2022

Incredible opportunity to buy TWO oceanfront lots! Both lots are 52'x150' and are a real deal for $1,375,000.00 each. Even better, there is an existing structure that has 4 apartments with long term renters (month to month). The structure is dated and has needs TLC. The list price reflects the value of the lots but imagine the potential rental income of a 4-plex on the ocean. The 50% rule would be in effect for any improvements (no money has been spent towards the 50%). No problem building on these lots because the zoning rule of a 40' setback from the baseline still leaves plenty of room to build. Don't forget to take a look at the massive seawall near the dunes.

Last Agent to Sell the Property

Ulf Hartwig

Carolina One Real Estate Folly Beach License #13006 Listed on: 02/26/2021

Carolina One Real Estate Folly Beach

Last Buyer's Agent

Alexander Brener

Carolina One Real Estate License #109800

Carolina One Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,500

Year Built

  • Built in 1975

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 104x149
  • Beach Front
  • Elevated Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,596 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Stoop

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Community Details

  • Folly Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,500

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1975
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.36
  • Lot Size: 104x149
  • Ownership: Fee Simple
  • Subdivision Name: Folly Beach
  • Directions: Center Street Turn Left On E Arctic. House Is On The Right On The 8th Block.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Entry Location: Ground Level
  • Fireplace: No
  • Interior Amenities: Ceiling - Smooth, Living/Dining Combo

Exterior Features

  • Roof: Asphalt
  • Lot Features: 0 - .5 Acre, High
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Exterior Features: Balcony, Stoop
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 15681.599999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3281600016
  • Tax Annual Amount: 18500

Multi Family

  • Number Of Units In Community: 5

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $3,050,000 0.0% $848 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $3,050,000 +22.0% $848 / Sq Ft
04/02/2021 04/02/21 Sold $2,500,000 0.0% $695 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $2,500,000 -- $695 / Sq Ft
Source: CHS Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 21004993

CHS Regional MLS