$859,900 | 5 beds | 3 full baths | N/A half baths | 1,474 sqft

$832,500
711 E Arctic Avenue
Folly Beach, SC 29439
  • 5Beds
  • 3Full Baths
  • N/AHalf Baths
  • 1,474SqFt
  • 1962Year Built
  • 0.25Acres
  • MLS# 2923136
  • Residential
  • Single Family Detached
  • Sold

  • Approx Time on Market3 years, 1 month, 4 days
  • AreaFolly Beach
  • CountyCharleston
  • Subdivision Folly Beach

Overview

***NEW PRICING & PRACTICALLY AT LOT VALUE ALONE*** This is not a TYPO, its a VERY motivated seller! This has to be one of the BEST priced Oceanfront Homes on Folly and with a VERY HIGH ROI! Seriously, AGENTS AND BUYERS, this property should be the next OCEANFRONT HOME to sell on Folly! Located on the 7th Block of the East End of Folly, it provides an ideal location and a close proximity to the Folly Beach Tennis/Basketball Courts and Park. Within walking distance or just a short bike ride to Center Street, the HUB of Folly, it allows you to enjoy the shopping, restaurants, nightlife, fishing pier and other amenities that the Island has to offer while still maintaining some peace and quiet from the HUSTLE & BUSTLE of Downtown Folly. The Beach also offers a public boat landing, park, library, many community events including the Sea and Sand Festival and more..There truly is no other place in the world like Folly Beach and the lifestyle that comes with it! 711 E. Arctic Avenue is best described as a ""vintage cottage"" with 3/4' Cypress Wood inside and out! It is equipped with a screened-in-porch, LARGE sun and rooftop deck that may provide the best PANORAMIC VIEWS on Folly! It is located near a groin and has some of the largest beach Folly has to offer. If you were to look to the West or East for as far as the eye can see, you would gaze upon sandy beachs and crashing waves of ATLANTIC creating the most gorgeous landscape one could imagine. Something unique to Folly Beachfront property, is 711 E. Arctic Ave is one of a few lots that have a Sea Wall providing extra protection against storms and erosion (read below about the flood insurance)! Boasting five (5) bedrooms and three (3) baths, this property has a lot of off-street parking, a large kitchen and an open floor-plan that provides plenty of comfort to entertain several guests! The seller has shown great pride in ownership and has been maintained well over the years including the installation of a (5) ton HVAC unit that's only 3-4 years old. Also the Sealoflex Roof was installed less than (2) years ago! Saving the best for last, it has been a high demand rental for years! By purchasing this home you are buying a proven winner! It brought in over $48,000 in GROSS rental income for 2011! Saving the best for last, ALL FURNISHINGS CONVEY! With this price many might assume this is a short sale but that is not the case! This means the seller can close quickly! Some like to say that your are buying the lot, not the house when you purchase Oceanfront property. Well, this is one of the best lots on Folly with added protection! It's PRICING AND ROI IS RIDICULOUS AND CANT BELIEVE ITS STILL FOR SALE!I DARE YOU TO FIND A BEACHFRONT PROPERTY BELOW 900K WITH BETTER VIEWS AND MORE BEACH! PS: Don't forget to ask the Listing Agent about the incredibly inexpensive FLOOD POLICY that may be assumed.****AGENTS MUST READ NOTES****



Sale Info

Listing Date: 08-27-2009

Sold Date: 10-02-2012

Aprox Days on Market: 
   3 Year(s), 1 month(s), 4 day(s)

Listing Sold: 
   12 Year(s), 1 month(s), 14 day(s) ago

Original Asking Price: $832,500

Asking Price: $859,900

Selling Price: $832,500

Price Difference From Original: 
Same as Original Price

Price Difference From Asking: 
Reduced By $27,400

Agriculture / Farm

Grazing Permits Forest Service:  No

Grazing Permits Private:  No

Grazing Permits Blm:  No

Horse:  No

Farm Credit Service Incl:  No

Association Fees / Info

Bathroom Info

Fullbaths:  3

Building Info

Levels:  One

Year Built:  1962

Floors:  Vinyl, Wood

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Misc Ext:  Deck, Porch - Full Front, Screened

Pool Private:  No

Garage / Parking

Gar Pkg:  Off Street

Garage:  No

Attached Garage:  No

Green / Env Info

Interior Features

Interior Features:  Ceiling Fan(s), Eat-in Kitchen

Fireplace:  No

Laundry Features:  Dryer Connection

Lot Info

Lot Size:  0.25

Lot Size Units:  Acres

Lot Dimensions:  70X150

Acres:  0.25

Lot Sqft:  10890

Irrigation Water Rights:  No

Offer Compensation

Other

Mobile Home Remains:  No

Property Info

Property Type:  A

Stories:  1

Foundation:  Pillar/Post/Pier

Exterior:  Wood Siding

New Construction:  No

Building Area Units:  Square Feet

Special:  Flood Insurance

View:  No

Home Warranty:  No

Habitable Residence:  No

Room Info

Beds:  5

Primary Bedroom Features:  Ceiling Fan(s)

Sale / Lease Info

Sold Date:  2012-10-02T00:00:00

Lease Renewal Option:  No

Lease Considered:  No

Lease Assignable:  No

Special Features

Sqft Info

Sqft:  1474

Unit Info

Utilities / Hvac

Water Source:  Public

Heating:  Yes

Water Sewer:  Septic Tank

Cooling:  Yes

Waterfront / Water

Water Front Features:  Beach Front, Seawall

Waterfront:  Yes

Schools

Elem:  James Island

Middle:  James Island

High:  James Island Charter

Directions

After Crossing Over The Last Bridge Onto Folly Beach Go Through The Only Stop Light To Arctic Ave. Turn Left Onto E. Arctic And Go Seven (7) Blocks Down And Home Is On The Right.

Courtesy of listing office Fred Holland Realty 

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Price & Status History (on kennedyrealty.com since Thu, Aug 27th 2009)
  • Original Price: $832,500
  • Current Price: $859,900
  • Price Increased: $27,400
Date ChangedFromTo
04/14/2021$832,500 $859,900 Increase by $27,400

Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Carolina One Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 11-15-2024 11:55 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 11-15-2024 11:55 PM EST est.

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