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112 Lionel Lane

112 Lionel Lane, Summerville, SC 29483
Property in Dorchester
Sold Jul 15, 2021
$230,000
$223,100 by Ark-la-tex Financial Services
Mortgage Due Aug 01, 2051
Sold Mar 30, 2021
$175,000
$175,000 by My Boys Llc
Mortgage
112 Lionel Lane has been categorized by the local assessors in Summerville, SC as a residential type of property. The building on the property was first built in 1972 and is 52 years old. The home has a total of 3 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 112 Lionel Lane has 1,172 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 13,392 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 240 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of masonry. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. The property was last sold in Jul 1, 2021 for $230,000. That's $196.25 per sqft. Prior to that sales transaction, the property was also sold in Mar 9, 2021 for $175,000. 112 Lionel Lane was last assessed in 2023. The total value of the property was assessed at $13,620. Specifically, the land the property is located on was valued at $2,400. While improvements on the property were assessed at a total of $11,220. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,691. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Total Rooms: 3
  • Bedroom Count: 3
  • 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: Masonry
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,392
  • Total Building Area: 1,172
  • Building Area: 1,172
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,172
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WARING HALL
  • Land Acres: 0.307
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 10 SUBD: WARING HALL PH 0 BLK H

Ownership

  • Current Owner : MCKNIGHT MICHAEL MARION
  • Previous Owner : PEACH TREE ACQUISITIONS LLC
  • Owner Before Previous Owner: COSGROVE RUBY K
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

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: R0019698
  • Subdivision Phase Number: 1
  • Parcel: 136-11-09-018
  • Block: H
  • Lot: 10
  • Municipality: KNIGHTSVILLE FIRE DISTRICT
  • Latitude: 33.0138
  • Longitude: -80.2141

    Address

  • Full Address: 112 Lionel Ln
  • Address - House Number: 112
  • 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: $1,691
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1801
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 76
  • Final Value: 311,321
  • High Value: 367,417
  • Low Value: 255,225

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $223,100
  • First Open Lien Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Jul 15, 2021
  • First Open Lien Mortgage Loan Amount: $223,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $227,000
  • Market Land Value: $40,000
  • Market Improvement Value: $187,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,620
  • Assessed Land Value: $2,400
  • Assessed Improvements Value: $11,220

    Sales

  • Current Sale Contract Date: Jul 01, 2021
  • Current Sale Recording Date: Jul 15, 2021
  • Current Sale Transaction ID: 11842989136
  • Current Sale Price: $230,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021022885
  • Previous Sale Recording Date: Mar 30, 2021
  • Previous Sale Contract Date: Mar 09, 2021
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Mortgage Transaction Date: Jul 15, 2021
  • First Mortgage Loan Amount: $223,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MY BOYS LLC
  • Previous Mortgage Transaction Date: Mar 30, 2021
  • Previous Mortgage Loan Amount: $175,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 112 Lionel Lane located in?
The 112 Lionel Lane is a located in the neighborhood of Dorchester in Dorchester, Summerville.
What is the average sales price for listings in 112 Lionel Lane?
The average sales price for units in 112 Lionel Lane is $0 currently.

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