298 Summerset Lane, Summerville, SC 29483
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298 Summerset Lane, Summerville, SC 29483

$500,000

STATUS: For Sale MLS #: 23014639 Days on Market: 310
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03 - 05 Schools in 29483

Name
Address
Phone
Type
Grade
201 School House LaneSummerville, SC 29483
(843) 820-3850
Public
03 - 05

06 - 08 Schools in 29483

Name
Address
Phone
Type
Grade
500 Bryan StreetSummerville, SC 29483
(843) 873-3890
Public
06 - 08
1005 Dubose School RoadSummerville, SC 29483
(843) 875-7012
Public
06 - 08
500 Green Wave BoulevardSummerville, SC 29483
(843) 871-3150
Public
06 - 08
815 South Main StreetSummerville, SC 29483
(843) 873-3610
Public
06 - 08

09 - 12 Schools in 29483

Name
Address
Phone
Type
Grade
1101 Boone Hill RoadSummerville, SC 29483
(843) 873-6460
Public
09 - 12

KG - 12 Schools in 29483

Name
Address
Phone
Type
Grade
2168 Ridge Church RdSummerville, SC 29483
(843) 873-9856
Private
KG - 12

PK - 02 Schools in 29483

Name
Address
Phone
Type
Grade
1460 Royle RoadSummerville, SC 29483
(843) 820-3868
Public
PK - 02

PK - 05 Schools in 29483

Name
Address
Phone
Type
Grade
901 John Mckissick WaySummerville, SC 29483
(843) 873-3050
Public
PK - 05
847 Orangeburg RoadSummerville, SC 29483
(843) 873-4851
Public
PK - 05

This home sits on a 2 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.

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Address: 298 Summerset Lane
State: SC
Zip: 29483
County: Dorchester

About Me

About MeHome ValuationExposure to Buyers

What makes me different and more worthy than any other agent? Great Question…

1.) I have been in the real estate industry since 1998

 

2.) At 29 years old I founded a wholesale mortgage firm here in Charleston and as such being the President/CEO I was responsible for overseeing 13 team members, two branches, ALL the marketing functions, business development, training of real estate agents in financing, training of my loan officers, and making sure over $85 Million in loans got closed. Of which most were purchases. So I have REAL business knowledge and real estate is business vs an agent without that savvy business skills.

 

3.) I graduated from University of S.C. where my major was media arts. What’s that mean? What you are reading right now is media. Everything you see and hear is media. Everything on a computer is digital media, websites, video, photographs, and audio. I studied video production, photography/lighting courses, audio recording, and more. Even post cards, billboards, news paper are ALL media, print media. (Although it’s an antiquated media). With that knowledge your home will have the most beautiful representation to the prospective buyers, instead of most of what you see out there (poorly lit, poorly framed, bad photos and video that put off buyers).

 

4.) 95% OF ALL REAL ESTATE TRANSACTIONS BEGIN WITH THE INTERNET… PERIOD, IT IS FACT. I am a digital internet marketing expert. I consult other businesses on how to harness the internet’s power through web design, SEO (search engine optimization), content marketing, image marketing, user experience design, online ad management and more.

When listing a home for sale there isn't an exact science to it, but what is required is knowing all the facts, and that's where I come in. What's a home valuation really anyway?

Estimating the value of real property is important to a variety reasons, but for most people, determining the asking or purchase price of a property is the most useful application of real estate valuation. This article will provide an introduction to the basic concepts and methods of real estate valuation, particularly as it pertains to real estate sales.

That's all well and good, however what most home owners in Charleston SC and the U.S. really want to know is what's my property worth now if I were to try to sell it? The most common method  that 90% of listing agent use is: 

The Sales Comparison Approach.

 

Value -
A main consideration in appraising is to determine a property’s value: the present worth of future benefitsarising from the ownership of real property. Unlike many consumer goods such as oil, lumber, food, etc. that are quickly used, the benefits of real property are generally realized over a long period of time. Therefore, an estimate of a property’s value must take into consideration economic and social factors, as well as governmental controls or regulations and environmental conditions that may influence the four elements of value:

 

  • Demand – the desire or need for ownership supported by the financial means to satisfy the desire;
  • Utility – the ability to satisfy future owners’ desires and needs;
  • Scarcity – the finite supply of competing properties
  • Transfer-ability – the ease with which ownership rights are transferred.

– What have the homes that are MOST comparable to yours (subject property) sold for recently per sq ft., and  what is currently for sale (taking into account scarcity from above)?

 

– What are the prices being asked by your competing listings in and around your neighborhood.

 

Other Factors inside the two primary ones above include: (age of home, physical features, location, conditions of the sale, economic conditions)

 


MLS ID: 23014639
List Price: $500,000
Bedrooms: 4
Full Baths: 2
Half Baths: N/A
Total Square Feet: 20002
Elementary School: William Reeves Jr
Middle School: Dubose
High School: Summerville
Subdivision: Summerset Acres
Home Style:
Year Built: 1988
Days On Market: 310
Lot Size: 2.0000 acres
Outdoor & Yard Description:
Eat-in Kitchen
Family
Wooded
Ranch
Wood
Asphalt
Living Room
Formal Living
RV/Boat Storage
RV Parking
Horses OK
Ceiling Fan(s)
1 - 2 Acres

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