NOT LISTED FOR SALE

813 E Arctic Ave Folly Beach, SC 29439

Estimated Value: $2,035,000 - $4,473,140

5 Beds
5.5 Baths
3,333 Sq Ft
$985/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $4,310,000 $1,293 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $19,358/month

Highlights

  • Beach Front
  • Marina
  • In Ground Pool
  • James Island Elementary School Rated A-
  • New Construction
  • Craftsman Architecture

About This Home

As of April 2024

Imagine waking up every morning to the sun rising up from the ocean's horizon while listening to the birds chirp and waves crash; doesn't get much better than beachfront life at 813 E Arctic. Folly Beach is a barrier island just 15 minutes from the historic city of Charleston. Known for its laid-back atmosphere and beautiful beaches, Folly is a great place to call home and vacation. 813 E Arctic is a luxury new construction jewel box (completion estimated for early 2024) set on the beach, with unobstructed views and direct beach access. The home features a heated infinity pool overlooking the ocean, a 3-stop elevator, 5 bedrooms, 5.5 bathrooms, and over 3,300 sf. With an open-concept kitchen and large primary suite, every detail of this beach house has been thoughtfully designed.

Last Agent to Sell the Property

Carrie Rosen

Sweet Grass Real Estate, LLC License #91925 Listed on: 11/22/2023

Co-Listed By

John Rosen

Sweet Grass Real Estate, LLC License #121427

Last Buyer's Agent

Verna Bunao-weeks

Matt O'Neill Real Estate License #101468

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,389

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 7,841 Sq Ft Lot
  • Beach Front
  • Privacy Fence
  • Wood Fence

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Metal Roof
  • Wood Siding
  • Cement Siding

Interior Spaces

  • 3,333 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Thermal Windows
  • ENERGY STAR Qualified Windows
  • Insulated Doors
  • Great Room
  • Combination Dining and Living Room
  • Exterior Basement Entry

Kitchen

  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Accessible Home Design

  • Handicap Accessible

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • ENERGY STAR/Reflective Roof

Pool

  • In Ground Pool
  • Above Ground Pool

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Tankless Water Heater
  • Septic Tank

Community Details

Overview

  • Built by Alan Campbell

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Marina
  • Tennis Courts
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,389

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Craftsman
  • Year Built: 2024
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.18
  • Co List Office Mls Id: 10037
  • Co List Office Phone: 843-633-0262
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: From Center Street, Take A Left On Arctic Ave, Home Is 8 Blocks Down On Your Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 3 Stories, Multi-Story
  • New Construction: Yes
  • Efficiency: HVAC, Insulation, Roof
  • Property Attached Yn: No
  • Building Stories: 3
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer, ENERGY STAR Qualified Appliances, Tankless Water Heater
  • Accessibility Features: Handicapped Equipped
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Some Storm Door(s), Storm Door(s)
  • Fireplace: No
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Elevator, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Great, Living/Dining Combo, Pantry
  • Window Features: Some Storm Wnd/Doors, Storm Window(s), Thermal Windows/Doors, ENERGY STAR Qualified Windows
  • Master Bedroom Features: Ceiling Fan(s), Outside Access, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Metal
  • Fencing: Privacy, Fence - Wooden Enclosed
  • Lot Features: 0 - .5 Acre
  • Pool Features: Pool - Elevated, In Ground
  • Pool Private: Yes
  • Waterfront Features: Beach Access, Beach Front
  • Waterfront: Yes
  • Builder Name: Alan Campbell
  • Construction Type: Cement Plank, Wood Siding
  • Exterior Features: Balcony
  • Foundation Details: Raised, Pillar/Post/Pier
  • Other Structures: None
  • Patio And Porch Features: Deck, Covered
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage, Off Street
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: City of Folly Beach, Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevators, Laundry, Marina, Park, Pool, Storage, 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: 7840.799999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 32816000226

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
Apr 9, 2024
Sold by
Clay Turtle Llc
Bought by
Morchesky Richard Alan and Morchesky Carrie R
Seller's Agent
Carrie Rosen
Sweet Grass Real Estate, LLC
Buyer's Agent
Verna Bunao-weeks
Matt O'Neill Real Estate
List Price
$4,500,000
Sold Price
$4,310,000
Premium/Discount to List
-$190,000
-4.22%
Views
9
Current Estimated Value
$3,283,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,026,953
Avg. Annual Appreciation
-17.98%

Purchase Details

Closed on
Apr 1, 2021
Sold by
The Gatgounis Family Limited Partnership
Bought by
Chen Linda and Chance Paul

Purchase Details

Closed on
Jul 25, 2003
Sold by
Gatgounis John and Gatgounis Lythea
Bought by
The Gatgounis Family Lp
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
Morchesky Richard Alan $4,310,000 None Listed On Document
Chen Linda $1,250,000 None Available
The Gatgounis Family Lp -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Sold $4,310,000 -4.2% $1,293 / Sq Ft
11/22/2023 11/22/23 For Sale $4,500,000 -- $1,350 / 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 $22,389 $91,940 $0 $0
2023 $22,389 $91,940 $0 $0
2022 $17,178 $75,000 $0 $0
2021 $2,904 $12,780 $0 $0
2020 $2,866 $12,780 $0 $0
2019 $2,629 $11,110 $0 $0
2017 $2,497 $11,110 $0 $0
2016 $2,411 $11,110 $0 $0
2015 $2,283 $11,110 $0 $0
2014 $1,915 $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: 23026535

CHS Regional MLS

APN: 328-16-00-226