9 days on rocket

116 Gibbs Loop, Summerville, SC, 29483

$99,000

0.25 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #24030377
Lot Size0.25 Acres
StatusActive

About 116 Gibbs Loop

1/4 ac in the heart of Summerville, very easy interstate access as soon as the road is widened to 4 lanes accessing Nexton Parkway. There is a home on the property and the tenants will need at least 30 days to find another location, or you can collect $635 a month for lot rent.Listing Agent has a financial interest in the property.

Property Details

Property Features

Listing Office:

  • Office Name: The Sarver Group

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.25 Acres

Other

Directions Information:

  • Directions: From I-26 Take Nexton Parkway To Gibbs Loop Or From Hwy 78 To N. Maple To Gibbs Loop

Price Information

Listing Price Info

Price Summary:

  • List Price: $99,000

Tax Information:

  • Annual Amount: $404
  • 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

$392.5K

Med. Price/SqFt

$194

# of Sold Homes

234

116 Gibbs Loop vs Summerville

9 DAYS ON ROCKET

$99,000

-$293.5K Less

KEY TAKEAWAY

This property is $293.5K less than the Median Sold Price in Summerville, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24030377

Listing Office:

  • Office Name: The Sarver Group

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: 12/19/2024, 9:21:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 17, 2016Home Sold
$21,750
Aug 11, 2010Home Sold
$12,501

Tax History

YEARPROP. TAXASSESSMENT
2020$404$520

History based on county public records data.

Payment Calculator

$562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$363

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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.

Nearby Schools

school-card-donut-226000
4
/10

  • Alston-Bailey Elementary School

  • 820 W 5th North St

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-226001
7
/10

  • Summerville Elementary School

  • 835 S Main St

  • 1.92 miles

  • Public District Grades PK-5

school-card-donut-226002
6
/10

  • James H. Spann Elementary School

  • 901 John McKissick Way

  • 1.97 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,650. The most common annual income of people living in Summerville, SC is between $35k-100k. Residents typically live in married, with kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Summerville, SC

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Summerville, SC?

Summerville's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate various preferences. The architectural styles in the area range from charming historic homes to contemporary new constructions. Single-family homes are the most prevalent, providing a suburban feel to the community. The homeownership rate in Summerville is robust, with a significant majority of residents owning their homes, while a smaller portion of the population opts for renting.

Is Summerville, SC a good place to live?

Summerville is celebrated for its small-town charm and community-oriented atmosphere. The area is known for its annual Flowertown Festival, which showcases the town's rich cultural heritage and love for nature. The historic downtown area, with its local boutiques and eateries, contributes to the town's quaint character, while the surrounding natural landscapes offer a serene backdrop to daily life.

Are things conveniently located in Summerville, SC?

The community is served by a number of public schools, including several elementary, middle, and high schools, as well as private educational institutions, providing a range of options for families. Healthcare services are accessible, with local clinics and a hospital that offers various medical services. Summerville also features a public library system that supports the community's educational and informational needs. Retail and dining options reflect the local culture, with a blend of familiar chains and unique local businesses.

What does the transportation in Summerville, SC look like?

Transportation in Summerville includes a network of roads and highways that connect residents to nearby cities and attractions. Public transportation options are available, providing connectivity within the town and to surrounding areas. The community is also served by ride-sharing services, enhancing mobility for those without private vehicles. Certain areas of Summerville are known for their walkability, particularly the historic downtown district, while other parts are more car-dependent.

Frequently Asked Questions About 116 Gibbs Loop

What is the listing price of this property?

The listing price of 116 Gibbs Loop property is $99,000.

What type of property is this?

The property 116 Gibbs Loop is land located in Summerville, South Carolina, 29483.

Is this property for sale now?

Active Listing: 116 Gibbs Loop is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $404 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 17, 2016 for $21,750. (source: MLS/tax record).

How much acreage is this property?

The property 116 Gibbs Loop is 0.25 acres.
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Rocket Homes›South Carolina›Dorchester County›Summerville›29483›116 Gibbs Loop

This home is located at 116 Gibbs Loop in Summerville, SC and zip code 29483. This home sits on a 0.25 acre lot. It has been listed on Rocket Homes since December 09, 2024 and is currently priced at $99,000.

Summerville, SC housing market in November 2024 saw over 40 listings sold above listed price, more than 90 sold at listed price and over 104 sold below. The number of homes for sale in Summerville, SC increased by 1.6% between October 2024 and November 2024.

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

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