1016 Arctic Avenue, Folly Beach, SC 29439 (MLS# 19015466)

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
1016 Arctic Avenue, Folly Beach, SC 29439- MLS# 19015466
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.

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