NOT LISTED FOR SALE

223 Molasses Ln Mount Pleasant, SC 29464

Hobcaw Point Neighborhood

Estimated Value: $2,494,000 - $2,942,000

5 Beds
3.5 Baths
3,800 Sq Ft
$735/Sq Ft Est. Value

Last Sold April 24, 2020

Last sale price $1,432,500 $377 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $15,631/month

2 Days on Market

Highlights

  • Boat Ramp
  • In Ground Pool
  • Clubhouse
  • James B. Edwards Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Traditional Architecture

About This Home

As of April 2020

No compromising with this family size retreat! The large lot with no side neighbors includes a generous front yard with high grade zoysia turf, perfect for a soccer or lacrosse practice area! The back yard features an in-ground, salt water swimming pool steps from the home's rear french doors that allow the party to flow seamlessly from the well-designed kitchen/wet bar to the pool area. All located in the rich setting of the desirable Hobcaw Point community. The Hobcaw Point subdivision is well known for it's location just minutes from Historic Charleston, Sullivan's Island and Isle of Palms beaches, as well as all of the great dining and shopping that the Town of Mt Pleasant has to offer. Don't forget the Hobcaw Yacht Club is located within the neighborhood. See more notes...There is a multi year waiting list to join Hobcaw Yacht Club unless you purchase a home within the community!The well-appointed kitchen is the centerpiece to this home designed for living and entertaining! The kitchen boasts high quality Viking stove/oven and refrigerator. Bosch dishwasher, Ice-maker and additional wine cooler all in stylish stainless steel. The quartz countertops offset the beautiful hardwood top of the generous center island. Just steps in any direction will land you in the huge entertainment room with beamed, vaulted ceiling, the pool, the front living room with wood burning fireplace, or the study with a panoramic view of the backyard entertainment area.Also, on the main floor is the private, luxurious owners suite with attached sitting room, bedroom with vaulted ceiling, walk-thru closet, and spa quality master bath. The Owner's suite design was inspired by numerous visits to the cottages at Palmetto Bluff Resort! Up the staircase you will find three bedrooms, two that share an updated hall bath and one larger bedroom that enjoys a private en-suite bath. One additional room can be used as an upstairs entertainment area or 5th bedroom separated by a stylish sliding barn door.The home has new energy saving windows throughout, and plenty of room at add a garage,pool house , or separate guest house.

Last Agent to Sell the Property

Mark Mitchell

Dunes Properties of Chas Inc License #61681 Listed on: 03/05/2020

Co-Listed By

Lisa Mitchell

Dunes Properties of Chas Inc License #81941

Last Buyer's Agent

Cathy Sembower

Carolina One Real Estate License #57961

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,360

Year Built

  • Built in 1967

Lot Details

  • 0.68 Acre Lot
  • Wrought Iron Fence
  • Irrigation

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • Family Room with Fireplace
  • Utility Room with Study Area
  • Laundry Room
  • Wood Flooring
  • Exterior Basement Entry
  • Attic Fan

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Dual Closets
  • Walk-In Closet

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • In Ground Pool
  • Patio
  • Rain Gutters
  • Front Porch

Schools

  • James B Edwards Elementary School
  • Moultrie Middle School
  • Wando High School

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater

Community Details

Overview

  • Club Membership Available
  • Hobcaw Point Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,360

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1967
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.68
  • Co List Office Mls Id: 9376
  • Co List Office Phone: 843-881-5600
  • Ownership: Fee Simple
  • Subdivision Name: Hobcaw Point
  • Directions: Us 17 To Mathis Ferry. At The Traffic Circle At Hobcaw Turn On Muirhead. Left On Molasses Lane. House On Right #223.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Range, Microwave, Refrigerator, Tankless Water Heater
  • Other Equipment: Irrigation Equipment
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Some Storm Door(s)
  • Entry Location: Ground Level
  • Fireplace Features: Family Room, One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Ceiling - Smooth, Kitchen Island, Walk-In Closet(s), Wet Bar, Ceiling Fan(s), Family, Study
  • Window Features: Some Storm Wnd/Doors, Skylight(s), Window Treatments, Window Treatments - Some, ENERGY STAR Qualified Windows
  • Master Bedroom Features: Ceiling Fan(s), Multiple Closets, Outside Access, Sitting Room
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Asphalt, Metal
  • Fencing: Wrought Iron
  • Lot Features: .5 - 1 Acre
  • Pool Features: In Ground
  • Pool Private: Yes
  • Construction Type: Brick Veneer
  • Exterior Features: Lawn Irrigation, Rain Gutters
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch - Full Front
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Cooling: Attic Fan, Central Air
  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Dominion Energy, Mt. P. W/S Comm
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Clubhouse, Club Membership Available, Pool, Trash

Schools

  • Elementary School: James B Edwards
  • High School: Wando
  • Middle Or Junior School: Moultrie

Lot Info

  • Lot Size Sq Ft: 29620.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5140600035
  • Tax Annual Amount: 3360.01

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Apr 23, 2020
Sold by
Mitchell Mark and Mtchell Lisa
Bought by
Tew Kenneth D and Townsend Danyelle M
Seller's Agent
Mark Mitchell
Dunes Properties of Chas Inc
Buyer's Agent
Cathy Sembower
Carolina One Real Estate
List Price
$1,432,500
Sold Price
$1,432,500
Current Estimated Value
$2,791,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,359,462
Avg. Annual Appreciation
10.29%
Original Mortgage
$1,146,000
Outstanding Balance
$1,032,144
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$1,385,220

Purchase Details

Closed on
Apr 28, 2014
Sold by
Elliott Helen M
Bought by
Mitchell Mark and Mitchell Lisa

Purchase Details

Closed on
Apr 19, 2012
Sold by
Elliott James H
Bought by
Elliott Helen M

Purchase Details

Closed on
Aug 4, 2003
Sold by
Price Donald L and Price Mary F
Bought by
Elliott James H and Elliott Helen M
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tew Kenneth D $1,432,500 None Available
Mitchell Mark $787,500 --
Elliott Helen M -- --
Elliott James H $388,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tew Kenneth D $1,146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2020 04/24/20 Sold $1,432,500 0.0% $377 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $1,432,500 -- $377 / Sq Ft
Source: CHS Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,380 $57,300 $0 $0
2023 $5,380 $57,300 $0 $0
2022 $5,028 $57,300 $0 $0
2021 $5,556 $57,300 $0 $0
2020 $3,872 $38,220 $0 $0
2019 $3,360 $33,240 $0 $0
2017 $3,310 $33,240 $0 $0
2016 $10,386 $47,250 $0 $0
2015 $3,129 $31,500 $0 $0
2014 $1,785 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Mitchell

    Seller's Agent in 2020

    Mark Mitchell

    Dunes Properties of Chas Inc

    (843) 847-7980

    39 Total Sales

    Mark Mitchell
    Section Image

  • L

    Seller Co-Listing Agent in 2020

    Lisa Mitchell

    Dunes Properties of Chas Inc

    (843) 864-4601

    51 Total Sales

    Lisa Mitchell
    Section Image

  • C

    Buyer's Agent in 2020

    Cathy Sembower

    Carolina One Real Estate

    (843) 884-1800

    132 Total Sales

    Cathy Sembower
    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 20006463

CHS Regional MLS

APN: 514-06-00-035

South Carolina Charleston County Mount Pleasant 29464 Hobcaw Point

223 Molasses Ln, Mount Pleasant, SC

This home is located at 223 Molasses Ln, Mount Pleasant, SC 29464 since 05 March 2020 and is currently estimated at $2,791,962, approximately $734 per square foot. This property was built in 1967. 223 Molasses Ln is a home located in Charleston County with nearby schools including James B. Edwards Elementary School, Moultrie Middle School, and Lucy Garrett Beckham High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

CHS Regional MLS The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2025 Charleston Trident MLS. All Rights Reserved

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