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$498,000

Beds
3
Baths
2.0
sq ft
Unknown

298 Summerset Ln, Summerville, SC 29483

298 Summerset Ln

Summerville, SC 29483

  • 499 days on market
    • Price drop $1,000↓
This home sits on a 2.1 Acre lot and can have another home built on the same lot (Accessory Dwelling Unit). This home has been expanded and upgraded and updated in every way....All new kitchen appliances, granite counter top, sink and floor covering. The bathroom totally updated and entire home repainted and new vinyl plank floors. Garage was converted to a large master bedroom with new bathroom. The interior has been opened up to allow the kitchen to see into the living room that contains a wood brick fire place. There is an attached 2 car carport that could easily be enclosed to expand the interior square footage with either an interior or exterior door. Additional land is availableThe rear yard has an oversized 1.5 car garage that is included in the sales price. (Seller will finish into a bedroom, office or small residence to include a bathroom and basic kitchen to be used by a family member or rent as an Air B&B or long term rental. This property has many options to include a "mother-in-law unit/rental unit or just an area for a "man/women cave" or additional bedroom or living area. The rear yard would be ideal to build another home and use the existing home as a short term or long term rental or for a family member wanting/needing separate living quarters.

Details

Property type

Single Family Residence

Est. home value

$409,613

Lot size

2.1 acres

Price per sq ft

Unknown

Year built

1988

Price History

10/27/2024
CTAR

CTAR #23014639

Price change
$498,000
-0.2%
10/20/2024
CTAR

CTAR #23014639

Price change
$499,000
-0.2%
04/26/2024
CTAR

CTAR #23014639

Price change
$500,000
+13.9%

Schools & Community

Elementary school: 

William Reeves Jr

Middle school: 

Dubose

High school: 

Summerville

Number of units in community: 

1

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

United Bank

Loan start date

June 2023

Original loan amount

$575,000

Est. remaining balance

Not provided

Interest rate

6.39%

Loan type

Commercial

Seller

Marie Sauer

Lender

United Bank

Loan start date

June 2023

Original loan amount

$575,000

Est. remaining balance

Not provided

Interest rate

6.39%

Loan type

Commercial

Seller

Marie Sauer

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/08/2024 at 2:10 PM

Listing updated: 10/28/2024 at 3:10 PM

Listed by: Rick Willis, The Group, LLC Phone #: (843) 327-3017

MLS: CTAR #23014639

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