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14240 Ocean Highway

14240 Ocean Highway, Pawleys Island, SC 29585
Land in Georgetown
14240 Ocean Highway in Pawleys Island, SC was first built in 1990 and is 34 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a office property type. There are a total of 2 floors. 14240 Ocean Highway has 13,500 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 74,052 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of composition shingle. For those who need parking, there is a mixed used garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 14240 Ocean Highway sold most recently in Jan 10, 2006 for a total of $2,350,000. If you work out the math, that's approximately a cost of $131.45 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $18,063 in taxes each year. 14240 Ocean Highway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $71,450. If we break it down further, the land itself was valued at $23,400. Improvements to the property, however, were assessed at a total of $48,050. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Mixed use
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 74,052
  • Total Building Area: 17,878
  • Gross Building Area: 17,878
  • Building Area: 17,878
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 13,500
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Office
  • Subdivision: LICO
  • Land Acres: 1.7
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: US HWY 17 SLD 48-1 ; SLD 794-7

Ownership

  • Current Owner : LITCHFIELD HOLDINGS LLC
  • Previous Owner : THE LITCHFIELD CO OF SOUTH CAROLINA LP
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Georgetown County School District
  • School Tax School District: DIST 4
  • Census Tract: 920509

Geography

  • Assessors Map Reference: 0137
  • Account Number: 36496
  • Parcel: 04-0137-005-00-00
  • Municipality: UNINCORPORATED
  • Latitude: 33.484
  • Longitude: -79.0948

    Address

  • Full Address: 14240 Ocean Hwy
  • Address - House Number: 14240
  • Address - Street Name: Ocean
  • Address - Suffix Type: Hwy
  • State: SC
  • City Name: Pawleys Island
  • Carrier Code: H015
  • 4-Digit Zip Code: 4829
  • Zip Code: 29585

Valuation

    Tax

  • Total Area: 18,568
  • Tax Year: 2023
  • Tax Amount: $18,063
  • Tax Rate Code Area: 4

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: THE CITIZENS BANK
  • First Open Lien Mortgage Recording Date: Jul 22, 2020
  • First Open Lien Mortgage Loan Amount: $1,350,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 03, 2030
  • Second Open Lien Mortgage Lender: THE CITIZENS BANK
  • Second Open Lien Mortgage Recording Date: Aug 03, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 03, 2051

    Market Valuation

  • Market Total Value: $1,190,800
  • Market Land Value: $390,000
  • Market Improvement Value: $800,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,450
  • Assessed Land Value: $23,400
  • Assessed Improvements Value: $48,050

    Sales

  • Current Sale Contract Date: Jan 10, 2006
  • Current Sale Recording Date: Jan 11, 2006
  • Current Sale Transaction ID: 1137341228
  • Current Sale Price: $2,350,000
  • Current Sale Document Type: Limited Warranty Deed

About Georgetown



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Frequently Asked Questions

What neighborhood is 14240 Ocean Highway located in?
The 14240 Ocean Highway is a land located in the neighborhood of Georgetown in Georgetown, Pawleys Island.
What is the average sales price for listings in 14240 Ocean Highway?
The average sales price for units in 14240 Ocean Highway is $0 currently.

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