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223 Molasses Lane

223 Molasses Lane, Mount Pleasant, SC 29464
Property in Charleston
Sold May 04, 2020
$1,432,500
Sold May 02, 2014
$787,500
223 Molasses Lane in Mount Pleasant, SC was first built in 1967 and is 57 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 223 Molasses Lane has 3,707 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. The linear feet across the front of the lot is 2,270 ft and the linear feet between the front and back of the lot is 1,130. In total, the area measurement of the land is 25,700 square feet.

Learn more about the property and building on this page. There is a open porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 525 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of brick veneer. As for heating, the home is utilizing a heat pump and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 223 Molasses Lane was last sold in Apr 23, 2020 for $1,432,500. According to our calculations, that's $386.43 per sqft. Prior to that sales transaction, the property was sold for $787,500 in Apr 28, 2014. Current property owners are expected to pay $5,148 in taxes per year. The property on 223 Molasses Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $57,300. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 525
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 25,700
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 2,270
  • Total Building Area: 3,707
  • Gross Building Area: 3,707
  • Building Area: 3,707
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 3,707
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOBCAW POINT
  • Land Acres: 0.59
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEGAL DESCRIPTION SUBDIVISION NAME -HOBCAW POINT DESCRIPTION -LT 9 BLK E PLATSUFFIX K-95 POLTWP 001

Ownership

  • Current Owner : TEW KENNETH D
  • Current Owner 2: TOWNSEND DANYELLE M
  • Previous Owner : MITCHELL MARK
  • Previous Owner 2: MTCHELL LISA
  • Owner Before Previous Owner: ELLIOTT HELEN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charleston County School District
  • School Tax School District: MOUNT PLEASANT
  • Census Tract: 004621

Geography

  • Assessors Map Reference: MB K-95
  • District: 21
  • Parcel: 514-06-00-035
  • Block: E
  • Lot: 9
  • Municipality: TOWN OF MT. PLEASANT
  • Latitude: 32.8176
  • Longitude: -79.8973

    Address

  • Full Address: 223 Molasses Ln
  • Address - House Number: 223
  • Address - Street Name: Molasses
  • Address - Suffix Type: Ln
  • State: SC
  • City Name: Mount Pleasant
  • Carrier Code: C004
  • 4-Digit Zip Code: 2518
  • Zip Code: 29464

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,148
  • Tax Rate Code Area: 2-1

    Appraisal Valuation

  • Standard Deviation: 0.2224
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 69
  • Final Value: 2,344,570
  • High Value: 2,866,220
  • Low Value: 1,822,921

    Market Valuation

  • Market Total Value: $1,432,500
  • Market Land Value: $555,000
  • Market Improvement Value: $877,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,300

    Sales

  • Current Sale Contract Date: Apr 23, 2020
  • Current Sale Recording Date: May 04, 2020
  • Current Sale Transaction ID: 11760797040
  • Current Sale Price: $1,432,500
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 02, 2014
  • Previous Sale Contract Date: Apr 28, 2014
  • Previous Sale Amount: $787,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK NA
  • First Mortgage Transaction Date: May 04, 2020
  • First Mortgage Loan Amount: $1,146,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Mount Pleasant



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Nearby Rentals

Unit for rent at 33 Calhoun Street, Charleston, SC, 29401

$3,500 /mo

  • 1 Bed
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33 Calhoun Street #236, Charleston, SC, 29401 Listing by Claire Witbeck

Frequently Asked Questions

What neighborhood is 223 Molasses Lane located in?
The 223 Molasses Lane is a located in the neighborhood of Charleston in Mount Pleasant, Mount Pleasant.
What is the average sales price for listings in 223 Molasses Lane?
The average sales price for units in 223 Molasses Lane is $0 currently.

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