MANNT21 LLC acquires 106 W. Arctic 3, Folly Beach, appraised at $750,000

The home at 106 W. Arctic 3, Folly Beach, was sold on July 13 by Neil K Kao for $750,000.

MANNT21 LLC was listed as the buyer.

Property taxes on the home totaled $5,745 in 2021, or 0.8% of the sale price.

This property is one of four sales in Folly Beach, Charleston County, between June 13 and July 13.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.