$95,000
SOLD NOV 12, 2024

298 & 302 Summerset Ln Summerville, SC 29483

0.79 Acre
$120,253 Price per Acre
34,412 Sq Ft Lot

Recently Sold

5% Below List Price

97 Days on Market

About This Lot

As of November 2024

This property is only .7 miles from Butternut Road which is just 10 minutes to I-26 at Jedburg Road and 12 minutes to downtown Summerville. Public Sewer is available in front of the property and public watter is about 700 feet up the road. The lot has been submitted to obtain a new TMS Number and should be recorded soon, Closing to be after lot has been recorded and new TMS Number has been issued. The 2 homes to the rear of this lot are also for sale...302 has 3.1 acres and 298 has 2.1 acres. Both are listed in MLS. Zoning will permit 1 main residence plus an additional home as an accessory dwelling unit (ADU)

Last Agent to Sell the Property

Rick Willis

The Group, LLC License #31375 Listed on: 08/06/2024

Last Buyer's Agent

Rick Willis

The Group, LLC License #31375 Listed on: 08/06/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,298

Lot Details

  • 0.79 Acre Lot
  • Wooded Lot

Schools

  • William Reeves Jr Elementary School
  • Dubose Middle School
  • Summerville High School

Property Details

Property Type

Land

Est. Annual Taxes

$1,298

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.79
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: Butternut To Summerset Lane...turn Onto Summerset Lane And Lot Is On Right In Front Of 298 & 302 Summerset.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: .5 - 1 Acre, Wooded

Garage/Parking

  • Open Parking: No

Utilities

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

Schools

  • Elementary School: William Reeves Jr
  • High School: Summerville
  • Middle Or Junior School: Dubose

Lot Info

  • Lot Size Sq Ft: 34412.4
  • Number Of Lots: 1
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 1270000046

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Oct 8, 2024
Sold by
Summerset Lane
Bought by
Summerset Lane Llc
Seller's Agent
Rick Willis
The Group, LLC
Buyer's Agent
Rick Willis
The Group, LLC
List Price
$100,000
Sold Price
$95,000
Premium/Discount to List
-$5,000
-5%
Views
45
Current Estimated Value
$543,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,154
Avg. Annual Appreciation
711.25%

Purchase Details

Closed on
Jun 23, 2023
Sold by
Thrower Family Trust
Bought by
Sauer Marie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 31, 2019
Sold by
Thrower Cecilia R and Thrower Thomas M
Bought by
Thrower Cecilia R and Thrower Thomas M

Purchase Details

Closed on
Feb 4, 2013
Sold by
Thrower Thomas M and Thrower Cecilia R
Bought by
Thrower Cecilia R and Thrower Thomas M
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 Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Deed $719,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $575,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 Sold $95,000 -5.0% --
08/06/2024 08/06/24 For Sale $100,000 -- --
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 $1,298 $24,022 $9,390 $14,632
2023 $1,298 $10,148 $5,008 $5,140
2022 $1,283 $8,760 $3,010 $5,750
2021 $1,283 $8,760 $3,010 $5,750
2020 $1,196 $7,620 $2,620 $5,000
2019 $1,159 $7,620 $2,620 $5,000
2018 $982 $7,620 $2,620 $5,000
2017 $976 $7,620 $2,620 $5,000
2016 $963 $7,620 $2,620 $5,000
2015 $1,263 $7,620 $2,620 $5,000
2014 $1,083 $165,715 $0 $0
2013 -- $6,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 24020118

CHS Regional MLS

APN: 127-00-00-046