MLS# 19015466 | 1016 E Arctic Avenue Folly Beach SC | subdivision

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$1,295,000 | 9 beds | 4 full baths | N/A half baths | 4,188 sqft

$1,200,000
1016 E Arctic Avenue
Folly Beach, SC 29439
  • 9Beds
  • 4Full Baths
  • N/AHalf Baths
  • 4,188SqFt
  • 1950Year Built
  • 0.24Acres
  • MLS# 19015466
  • Residential
  • Single Family Detached
  • Sold

  • Approx Time on Market1 year, 6 months, 23 days
  • AreaFolly Beach
  • CountyCharleston
  • SubdivisionNone

Overview

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!


Sale Info

Listing Date: 05-24-2019

Sold Date: 12-18-2020

Aprox Days on Market: 
   1 Year(s), 6 month(s), 23 day(s)

Listing Sold: 
   3 Year(s), 3 month(s), 30 day(s) ago

Original Asking Price: $1,295,000

Asking Price: $1,295,000

Selling Price: $1,200,000

Price Difference From Original: 
Reduced By $95,000

Price Difference From Asking: 
Reduced By $95,000

Agriculture / Farm

Grazing Permits Forest Service:  Yes

Grazing Permits Private:  Yes

Grazing Permits Blm:  Yes

Horse:  No

Farm Credit Service Incl:  Yes

Association Fees / Info

Bathroom Info

Fullbaths:  4

Building Info

Year Built:  1950

Floors:  Ceramic Tile, Wood

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Misc Ext:  Deck

Pool Private:  No

Style:  Traditional

Garage / Parking

Gar Pkg:  Off Street

Garage:  No

Attached Garage:  No

Green / Env Info

Interior Features

Fireplace:  No

Lot Info

Lot Size:  0.24

Lot Size Units:  Acres

Acres:  0.24

Lot Sqft:  10454.4

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Property Info

Property Type:  A

Stories:  1

New Construction:  No

Building Area Units:  Square Feet

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Room Info

Beds:  9

Sale / Lease Info

Sold Date:  2020-12-18T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Special Features

Sqft Info

Sqft:  4188

Unit Info

Utilities / Hvac

Water Source:  Public

Heating:  Yes

Heat:  Heat Pump

Water Sewer:  Septic Tank

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  James Island

Middle:  James Island

High:  James Island Charter

Directions

Come On To Folly, Left On E Arctic, House Is On The Left A Good Ways Down

Courtesy of listing office Applegate Real Estate 

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Price & Status History (on marshallwalker.com since Fri, May 24th 2019)
  • Original Price: $1,295,000
  • Current Price: $1,295,000
  • Price Reduced: $0
Date ChangedFromTo
07/17/2023Active ContingentSold
01/27/2021SoldActive Contingent
01/22/2021SoldActive Contingent
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 Marshall Walker 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 04-17-2024 12:04 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 04-17-2024 12:04 PM EST est.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.


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