902 W Arctic Ave Folly Beach, SC 29439
Estimated Value: $2,290,744 - $2,543,000
4
Beds
3.5
Baths
2,437
Sq Ft
$971/Sq Ft
Est. Value
Highlights
- Beach Access
- Two Primary Bedrooms
- Traditional Architecture
- James Island Elementary School Rated A-
- Deck
- Wood Flooring
About This Home
As of January 2021We 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
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
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
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$970,936
Avg. Annual Appreciation
12.34%
Original Mortgage
$1,046,250
Outstanding Balance
$958,564
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$1,363,616
Purchase Details
Closed on
Aug 13, 2004
Sold by
Manos Virginia Peters
Bought by
Hodgins Robert L and Hodgins Mary Lu
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
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
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 |
|---|---|---|---|---|
| 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
-
Debbie Brandner
D
Seller's Agent in 2021
Debbie Brandner
Fred Holland Realty
(843) 209-1492
1 in this area
14 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 20032044
APN: 328-16-00-056
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