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124 Lionel Lane

124 Lionel Lane, Summerville, SC 29483
Property in Dorchester
Sold Jan 16, 2018
$164,000
Seller
$161,029 by Mortgage Network Inc
Mortgage Due Feb 01, 2048
Sold Jun 02, 2014
$85,000
Local assessors in Summerville, SC have categorized 124 Lionel Lane as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 14,491 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 124 Lionel Lane has a total of 1,545 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with coal. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 124 Lionel Lane sold most recently in Jan 5, 2018 for a total of $164,000. If you work out the math, that's approximately a cost of $106.15 per sqft. Before that, the property was also sold for $85,000 in May 23, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,696 in taxes each year. 124 Lionel Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $9,780. If we break it down further, the land itself was valued at $2,100. Improvements to the property, however, were assessed at a total of $7,680. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,491
  • Total Building Area: 1,545
  • Building Area: 1,545
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,545
  • Heating Fuel Type: Coal

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WARING HALL
  • Land Acres: 0.333
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 SUBD: WARING HALL PH 0 BLK H

Ownership

  • Current Owner : RUBERT HECTOR A
  • Previous Owner : KU JOHN H
  • Owner Before Previous Owner: THE UNITED STATES DEPARTMENT OF HOUSING
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dorchester School District 2
  • Census Tract: 010607

Zoning

  • Zoning: R2_DC

Geography

  • Assessors Map Reference: MB=20 PG=169
  • Account Number: R0019692
  • Subdivision Phase Number: 1
  • Parcel: 136-11-09-012
  • Block: H
  • Lot: 4
  • Municipality: KNIGHTSVILLE FIRE DISTRICT
  • Latitude: 33.013
  • Longitude: -80.2152

    Address

  • Full Address: 124 Lionel Ln
  • Address - House Number: 124
  • Address - Street Name: Lionel
  • Address - Suffix Type: Ln
  • State: SC
  • City Name: Summerville
  • Carrier Code: C003
  • 4-Digit Zip Code: 3024
  • Zip Code: 29483

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,696
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 75
  • Final Value: 288,649
  • High Value: 342,081
  • Low Value: 235,217

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $161,029
  • First Open Lien Mortgage Lender: MORTGAGE NETWORK INC
  • First Open Lien Mortgage Recording Date: Jan 16, 2018
  • First Open Lien Mortgage Loan Amount: $161,029
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2048

    Market Valuation

  • Market Total Value: $163,000
  • Market Land Value: $35,000
  • Market Improvement Value: $128,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,780
  • Assessed Land Value: $2,100
  • Assessed Improvements Value: $7,680

    Sales

  • Current Sale Contract Date: Jan 05, 2018
  • Current Sale Recording Date: Jan 16, 2018
  • Current Sale Transaction ID: 11362592610
  • Current Sale Price: $164,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018001045
  • Previous Sale Recording Date: Jun 02, 2014
  • Previous Sale Contract Date: May 23, 2014
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE NETWORK INC
  • First Mortgage Transaction Date: Jan 16, 2018
  • First Mortgage Loan Amount: $161,029
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2048

About Dorchester



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Frequently Asked Questions

What neighborhood is 124 Lionel Lane located in?
The 124 Lionel Lane is a located in the neighborhood of Dorchester in Dorchester, Summerville.
What is the average sales price for listings in 124 Lionel Lane?
The average sales price for units in 124 Lionel Lane is $0 currently.

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