NOT LISTED FOR SALE

125 Germantown Rd Summerville, SC 29483

Estimated Value: $398,000 - $1,533,000

7.1 Acres
$135,986 Price per Acre
309,276 Sq Ft Lot

Last Sold January 14, 2020

Last sale price $1,000,000

Est. 3% decrease in value since last sale

Current estimated payment $6,371/month

13 Days on Market

Highlights

  • 7.1 Acre Lot
  • Summerville Elementary School Rated A-
  • Interior Lot

About This Lot

As of January 2020

This prime 7 acre property is located in the Town of Summerville and is currently zoned R-2.The property is less than 1 mile from the heart of downtown Summerville. Perfect area for a nice subdivision.Property has access from Germantown Road and Waring Street.Utilities available at street.

Last Agent to Sell the Property

Jordy Tupper

RE/MAX Southern Shores License #77028 Listed on: 07/02/2019

Co-Listed By

George Tupper

RE/MAX Southern Shores

Last Buyer's Agent

Taylor Charpia

The Boulevard Company License #81180

The Boulevard Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,533

Lot Details

  • 7.1 Acre Lot
  • Property fronts a state road
  • Interior Lot

Additional Homes

  • Residence on Property

Schools

  • Summerville Elementary School
  • Alston Middle School
  • Summerville High School

Community Details

  • Summerville Subdivision
  • Income includes ["none"]

Property Details

Property Type

Land

Est. Annual Taxes

$1,533

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 7.1
  • Road Frontage Type: State/County Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1696
  • Co List Office Phone: 843-767-7777
  • Subdivision Name: Summerville
  • Directions: Turn Onto Simmons Avenue From Central Avenue. Take First Right Onto Germantown Road. Lot On Left
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: 5 - 10 Acres, Interior Lot
  • Other Structures: Residence

Garage/Parking

  • Open Parking: No

Utilities

  • Electricity On Property: Yes
  • Sewer: Sewer At Site
  • Utilities: Electricity Connected, Water Connected

Schools

  • Elementary School: Summerville
  • High School: Summerville
  • Middle Or Junior School: Alston

Lot Info

  • Development Status: Raw Land
  • Lot Size Sq Ft: 309276
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 1370902007
  • Tax Annual Amount: 1533.31

Multi Family

  • Income Includes: ["None"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2019
Closed on
Jan 9, 2020
Sold by
Rhett Betty C and Sherman Gail Rhett
Bought by
301 Ranch Llc
Seller's Agent
Jordy Tupper
RE/MAX Southern Shores
Buyer's Agent
Taylor Charpia
The Boulevard Company
List Price
$1,000,000
Sold Price
$1,000,000
Current Estimated Value
$965,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,500
Avg. Annual Appreciation
-0.60%
Original Mortgage
$750,000
Outstanding Balance
$662,655
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$302,845

Purchase Details

Closed on
Oct 24, 2018
Sold by
Rehtt John Barnwell
Bought by
Rhett Betty C and Haywood Marilyn Rhett

Purchase Details

Closed on
Jul 31, 2006
Sold by
Rhett Walter P
Bought by
Rhett Michael L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
301 Ranch Llc $1,000,000 None Available
Rhett Betty C -- None Available
Rhett Michael L -- None Available
Rhett Michael L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 301 Ranch Llc $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2020 01/14/20 Sold $1,000,000 0.0% --
12/15/2019 12/15/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $1,000,000 -- --
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 $15,678 $0 $0 $0
2023 $15,678 $37,557 $37,557 $0
2022 $24,856 $60,820 $60,820 $0
2021 $24,279 $63,180 $60,820 $2,360
2020 $4,742 $6,830 $3,200 $3,630
2019 $4,540 $6,830 $3,200 $3,630
2018 $3,910 $6,830 $3,200 $3,630
2017 $1,706 $6,830 $3,200 $3,630
2016 $1,683 $6,830 $3,200 $3,630
2015 $1,560 $6,830 $3,200 $3,630
2014 $1,340 $140,530 $0 $0
2013 -- $5,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 19019472

CHS Regional MLS

APN: 137-09-02-007