NOT LISTED FOR SALE

902 W Arctic Ave Folly Beach, SC 29439

Estimated Value: $2,132,000 - $2,449,000

4 Beds
3.5 Baths
2,437 Sq Ft
$949/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $1,395,000 $572 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $13,123/month

Highlights

  • Beach Access
  • Two Primary Bedrooms
  • Traditional Architecture
  • James Island Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of January 2021

We are proud to present ''Folly Breeze'', an amazing ocean view home having originated in 1935 and re-invented in 2005, Folly Breeze is the perfect meld of an original beach house with all the best and latest amenities. Situated on a corner lot you will have direct beach access plus the best ocean views to be enjoyed from a second row home. This custom built home was lovingly crafted to embrace the laid back lifestyle of Folly Beach. As you approach the home the wrap around porch will capture you, reminiscent of the days when owners would recline on outdoor beds and enjoy the ocean breeze at the end of the day. And of course there are three French doors leading into the house as was the custom. The 1st floor boasts the original wood walls and ceilings, fireplace and built in cabinet.The open great room and kitchen boasts wall to wall windows and doors to surround you with plenty of light and ocean views. The kitchen is a chef's delight with high end stainless steel appliances and is thoughtfully designed for large gatherings and entertaining. The gas cooktop features 5 burners and there are double wall ovens. The master bedroom is on the first floor with with French doors leading to the front porch. The master bath has a dual bowl vanity with granite countertop, and a large tiled shower. There is also a guest bedroom on the first floor with it's own private bath. And for added convenience there is a half bath and laundry closet. On the second floor you will find two bedrooms plus a bonus room with awesome ocean views. On the third floor is the crown jewel of "Folly Breeze", the covered deck affording panoramic ocean, river and marsh views, and of course the glow of a Folly River sunset over the river and marsh! You will be WOWED! when you discover this outdoor space. This home rests on a full street to street lot. The backyard affords for more relaxing such as swinging under the grand old oak tree. And there is plenty of green space for other activities. Under the house there is room to park 3 cars plus there is a large enclosed storage/workshop area. Of special interest for the investor, this home has a long, highly lucrative, history of vacation rental income with many repeat customers. Property is being sold fully furnished, excluding some personal photos/pictures, just awaiting your arrival! We invite you to make your appointment now to discover this Folly Beach Ocean View Gem!

Last Agent to Sell the Property

Debbie Brandner

Fred Holland Realty License #3910 Listed on: 12/01/2020

Last Buyer's Agent

Debbie Brandner

Fred Holland Realty License #3910 Listed on: 12/01/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,354

Year Built

  • Built in 2005

Lot Details

  • 10,454 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Irrigation

Parking

  • 3 Car Attached Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Copper Roof
  • Cement Siding

Interior Spaces

  • 2,437 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Window Treatments
  • Insulated Doors
  • Great Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Exterior Basement Entry

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Deck
  • Screened Patio

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Tankless Water Heater
  • Septic Tank

Community Details

  • Folly Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,354

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2005
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.24
  • Ownership: Fee Simple
  • Subdivision Name: Folly Beach
  • Directions: From Center St. On Folly Beach Go Through Stop Light Then Turn Left On E. Arctic. At 9th Street Turn Left, Drive To House Will Be On The Right For Parking. (yellow House, Sign Folly Breeze. No For Sale Sign On Property.)
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 3 Stories
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 3
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer, Tankless Water Heater
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room, One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Bonus, Great, Living/Dining Combo
  • Window Features: Thermal Windows/Doors, Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Dual Masters, Outside Access, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Copper
  • Fencing: Privacy, Fence - Wooden Enclosed
  • Lot Features: 0 - .5 Acre
  • Waterfront Features: Beach Access
  • Construction Type: Cement Plank
  • Exterior Features: Lawn Irrigation
  • Foundation Details: Raised
  • Patio And Porch Features: Deck, Patio, Screened, Wrap Around
  • Property Condition: Pre-Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: No
  • Parking Features: 3 Car Garage, Attached, Off Street
  • Total Parking Spaces: 3

Utilities

  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3281600056
  • Tax Annual Amount: 12354.48

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Jan 15, 2021
Sold by
Hodgins Robert L and Hodgins Mary Lu
Bought by
Davis Michael J and Davis Maureen
Seller's Agent
Debbie Brandner
Fred Holland Realty
Buyer's Agent
Debbie Brandner
Fred Holland Realty
List Price
$1,395,000
Sold Price
$1,395,000
Current Estimated Value
$2,084,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$689,213
Original Mortgage
$1,046,250
Outstanding Balance
$958,564
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2004
Sold by
Manos Virginia Peters
Bought by
Hodgins Robert L and Hodgins Mary Lu
Source: Public Records

Range of Values:

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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
Davis Michael J $1,395,000 Weeks & Irvine Llc
Hodgins Robert L $717,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Michael J $125,000
Open Davis Michael J $1,046,250
Previous Owner Hodgins Robert L $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $1,395,000 0.0% $572 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $1,395,000 -- $572 / 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 $20,539 $83,700 $0 $0
2023 $20,539 $83,700 $0 $0
2022 $19,341 $83,700 $0 $0
2021 $13,642 $60,030 $0 $0
2020 $13,466 $60,030 $0 $0
2019 $12,354 $52,200 $0 $0
2017 $11,733 $52,200 $0 $0
2016 $11,330 $52,200 $0 $0
2015 $10,778 $52,200 $0 $0
2014 $9,441 $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: 20032044

CHS Regional MLS

APN: 328-16-00-056