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1016 Arctic Avenue, Folly Beach, SC 29439
$1,200,000
Property Type:
Residential
Bedrooms:
9
Baths:
4
Square Footage:
4,188
Lot Size (sq. ft.):
10,454
Status:
Closed
Current Price:
$1,295,000
List Date:
11/16/2020
Last Modified:
12/18/2020
Description
Welcome to ''Mermaid Crossing!'' What an incredible investment property we have in 1016 E Arctic...this property includes the main house on the E. Arctic side and a separate Duplex on the E. Ashley side. The entire property (including landscaping) was completely re-done. The main home has ocean views, open floor plan, sun-room and large dining/living area...the house has 5 bedrooms and 2 baths. The duplexes have 2 bedrooms each and 1 bath per unit. The income potential on this property is amazing! The beach access is right across the street...after your beach time is over, rinse off in the custom outdoor showers on each property. This property is great inside and out and the location cannot be beat. Grab yourself a piece of Folly...this turn-key business won't last long!
More Information MLS# 19015466
Contract Info
Sub-Type: Single Family Detached
MLS List Date: 2019-05-24
Status: Closed
List Price: $1,295,000
Current Price: $1,200,000
Location, Tax & Legal
Tax Map #: 3281600041
Street #: 1016
Street Name: Arctic
Street Suffix: Avenue
County: Charleston
State: SC
Zip Code: 29439
Area: 22 - Folly Beach to Battery Island
Tax District: 33 - City of Folly Beach
Subdivision: None
Elementary School: James Island
Middle School: James Island
High School: James Island Charter
Legal Description: LT 1008 E ARCTIC
Directions: Come on to Folly, left on E Arctic, house is on the left a good ways down
General Property Info
Bedrooms: 9
Baths - Full: 4
Baths - Total: 4
Stories: 1
Primary Structure Apx SqFt: 4188
Year Built: 1950
Acreage: 0.24
Potential Short Sale: No
Lease Purchase: No
HOA Fee: No
Tax/Fees
Special Assessment: No
Taxes: 8990.5
Office/Member Info
Buyers Agency Compensation: 2.5
Buyers Agency Compensation Type: %
Status Change Info
Sold Date: 2020-12-18
Sold Price/SqFt: 286.53
New Mortgage Type: Conventional
Property Features
SqFt Source: Previous Listing
SF Detached Style: Traditional
Lot Description: Ocean View
Misc Exterior: Deck
Garage/Parking: Off-Street Parking
New Owned: Pre-Owned
Cooling: Central Air
Floors: Ceramic Tile; Wood
Equipment/Appliances: Dishwasher; Dryer; Refrigerator; Washer
Water/Sewer: Public Water; Septic
Heat: Heat Pump
Possession: At Closing
Showing Instructions: Contact Listing Agent
Proposed Financing: Any
Assumable: Yes, Qualify Req'd
Listing Office: Applegate Real Estate
Last Updated: December - 18 - 2020
The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.
Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc.
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