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298 Summerset Ln, Summerville, SC, 29483

$79,900

0.50 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #23016809
Lot Size0.50 Acres
StatusAccepting Backup Offers
(Active Contingent)

About 298 Summerset Ln

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. There are 5 total lots available. Public Sewer is available in front of the property and public water is about 700 feet up the road. 2 lots front on the paved Summerset Drive and 3 lots to the rear of 298 and 302 Summerset Dr. (2 existing homes on property.) The 3 lots to the rear of the property have had an ''unofficial'' perk test conducted and the soils are good for traditional septic systems in the event buyer chooses not to run public sewer to the 3 lots. The surrounding area has homes valued from the upper $300's to over $500,000. You can view a preliminary plat under photos and documents that showan approximate subdivision layout. At the present time both houses on the larger parcel are being upgraded and are for sale. You can also purchase one or both of the 2 homes for sale plus 1 to 5 of the lots being subdivided. The subdivision should be completed on or before November 2023. Closing to be upon subdivision approval. The list price is for EACH of the 5 lots.

Property Details

Property Features

Listing Office:

  • Office Name: The Group, LLC

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.50 Acres

School Info

Assigned Schools Information:

  • Summerville High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: Butternut To Summerset Lane...turn Onto Summerset Lane, Lots Are On Right About .7 Miles From Butternut Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $79,900

Tax Information:

  • Annual Amount: $4,789
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Summerville, SC.

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Summerville, SC

City

Med. Sold Price

$385.3K

Med. Price/SqFt

$192

# of Sold Homes

355

298 Summerset Ln vs Summerville

281 DAYS ON ROCKET

$79,900

-$305.4K Less

KEY TAKEAWAY

This property is $305.4K less than the Median Sold Price in Summerville, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #23016809

Listing Office:

  • Office Name: The Group, LLC

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the CHS Multiple Listing Service. Those properties marked with the CHS MLS Approved logo are provided courtesy of the CHS MLS Broker Reciprocity Database. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data deemed reliable but not guaranteed accurate by the MLS.
Copyright © 2024 Charleston Trident Association of REALTORS®
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 11:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,789$10,200

History based on county public records data.

Payment Calculator

$466

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-4440492
6
/10

  • Summerville High School

  • 1101 Boone Hill Rd

  • 4.17 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,417. Typical income of Summerville, SC residents is between $35k-100k annually. Residents typically live in married, with kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 298 Summerset Ln

What is the listing price of this property?

The listing price of 298 Summerset Ln property is $79,900.

What type of property is this?

The property 298 Summerset Ln is land located in Summerville, South Carolina, 29483.

Is this property for sale now?

Accepting Backup Offers: 298 Summerset Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 298 Summerset Ln are:
Summerville High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,789 (source: MLS/based on county public records data).

How much acreage is this property?

The property 298 Summerset Ln is 0.50 acres.
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Rocket Homes›South Carolina›Dorchester County›Summerville›29483›298 Summerset Ln

This home is located at 298 Summerset Ln in Summerville, SC and zip code 29483. This home sits on a 0.50 acre lot. It has been listed on Rocket Homes since July 25, 2023 and is currently priced at $79,900.

In April 2024, from all listings sold in Summerville, SC there were more than 69 sold above asking price, over 159 sold below and more than 127 were sold right at the asked price. In April 2024 in Summerville, SC there were 11.9% more homes for sale than in March 2024.

From Rocket Homes Real Estate and based on county public records data.

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