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278 Wooden Wheel Lane

278 Wooden Wheel Lane, Okatie, SC 29909
Property in Beaufort
Sold Aug 14, 2019
$260,000
Buyer
Seller
$208,000 by Mortgage Network Inc
Mortgage Due Aug 01, 2049
Sold Mar 01, 2018
$258,600
Local assessors in Okatie, SC have categorized 278 Wooden Wheel Lane as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 7,797 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 278 Wooden Wheel Lane has a total of 1,830 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 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, 278 Wooden Wheel Lane sold most recently in Jun 24, 2019 for a total of $260,000. If you work out the math, that's approximately a cost of $142.08 per sqft. Before that, the property was also sold for $258,600 in Feb 21, 2018. 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 $1,745 in taxes each year. 278 Wooden Wheel Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $10,400. If we break it down further, the land itself was valued at $2,400. Improvements to the property, however, were assessed at a total of $8,000. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Building Style: Townhouse
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,797
  • Total Building Area: 1,830
  • Gross Building Area: 1,830
  • Building Area: 1,830
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,830
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILL CREEK AT CYPRESS RIDGE
  • Land Acres: 0.179
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOT 701 CYPRESS RIDGE PH 7A PB142 PG198 PB146 PG128

Ownership

  • Current Owner : WALSH NORA E
  • Previous Owner : PENZEL JULIE
  • Owner Before Previous Owner: DR HORTON INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Beaufort County School District
  • Census Tract: 002103

Geography

  • Subdivision Phase Number: 7A
  • Parcel: R614 028 000 4218 0000
  • Lot: 701
  • Municipality: TOWN OF BLUFFTON
  • Latitude: 32.2539
  • Longitude: -80.9726

    Address

  • Full Address: 278 Wooden Wheel Ln
  • Address - House Number: 278
  • Address - Street Name: Wooden Wheel
  • Address - Suffix Type: Ln
  • State: SC
  • City Name: Okatie
  • Carrier Code: R057
  • 4-Digit Zip Code: 7859
  • Zip Code: 29909

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,745
  • Tax Rate Code Area: 610

    Appraisal Valuation

  • Standard Deviation: 0.2187
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 70
  • Final Value: 457,089
  • High Value: 557,099
  • Low Value: 357,079

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,000
  • First Open Lien Mortgage Lender: MORTGAGE NETWORK INC
  • First Open Lien Mortgage Recording Date: Aug 14, 2019
  • First Open Lien Mortgage Loan Amount: $208,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $60,000
  • Market Improvement Value: $200,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,400
  • Assessed Land Value: $2,400
  • Assessed Improvements Value: $8,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 24, 2019
  • Current Sale Recording Date: Aug 14, 2019
  • Current Sale Transaction ID: 11795953655
  • Current Sale Price: $260,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019043473
  • Previous Sale Recording Date: Mar 01, 2018
  • Previous Sale Contract Date: Feb 21, 2018
  • Previous Sale Amount: $258,600
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE NETWORK INC
  • First Mortgage Transaction Date: Aug 14, 2019
  • First Mortgage Loan Amount: $208,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

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Frequently Asked Questions

What neighborhood is 278 Wooden Wheel Lane located in?
The 278 Wooden Wheel Lane is a located in the neighborhood of Beaufort in Bluffton, Okatie.
What is the average sales price for listings in 278 Wooden Wheel Lane?
The average sales price for units in 278 Wooden Wheel Lane is $0 currently.

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