Development Potential! Located near the retail intersection of Central Avenue and Old Orangeburg Road in the heart of Knightsville- a growing suburb of Summerville. Great opportunity for a builder to develop a neighborhood. Surrounding population has increased 60% since 2000 and it's not stopping! Starbucks going in across the street soon! Land has a 3,100 square foot home and outbuildings on property.
Property Details
Property Features
Listing Office:
Office Name: EVERPLACE Realty
Exterior Features
Exterior Information:
Waterfront: Pond
Lot Features
Lot Information:
Lot Size: 6.40 Acres
Other
Directions Information:
Directions: Between White Gables And Intersection Of Central & Orangeburg
Price Information
Listing Price Info
Price Summary:
List Price: $2,500,000
Tax Information:
Annual Amount: $2,973
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Summerville, SC.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$12.5K
Per Month
Principal & Interest
$12.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$7,562
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Knightsville Elementary School
847 Orangeburg Rd
Distance between this listing and this school0.49 miles
Public District Grades PK-5
7
/10
William M. Reeves Elementary School
1003 Dubose School Rd
Distance between this listing and this school1.52 miles
Public District Grades PK-5
5
/10
Newington Elementary School
10 King Charles Cir
Distance between this listing and this school2.24 miles
Public District Grades PK-5
Nearby Schools
7
/10
Charles B. Dubose Middle School
1005 Dubose School Rd
Distance between this listing and this school1.44 miles
Public District Grades 6-8
4
/10
Gregg Middle School
500 Greenwave Blvd
Distance between this listing and this school1.80 miles
Public District Grades 6-8
9
/10
Rollings Middle School of the Arts
815 S Main St
Distance between this listing and this school2.83 miles
Public District Grades 6-8
Nearby Schools
6
/10
Summerville High School
1101 Boone Hill Rd
Distance between this listing and this school1.49 miles
Public District Grades 9-12
7
/10
Ashley Ridge High School
9800 Delemar Hwy
Distance between this listing and this school6.08 miles
Public District Grades 9-12
5
/10
Stratford High School
951 Crowfield Blvd
Distance between this listing and this school8.47 miles
The neighbors living near this home have an average income of $75,576. The most common annual income of people living in Summerville, SC is between $35k-100k. The most common type of family is married, with kids. The majority of residents in this area have post secondary degree 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 1501 Central Ave
What is the listing price of this property?
The listing price of 1501 Central Ave property is $2,500,000.
What type of property is this?
The property 1501 Central Ave is land located in Summerville, South Carolina, 29483.
Is this property for sale now?
Accepting Backup Offers: 1501 Central Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,973 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1501 Central Ave in Summerville, SC and zip code 29483. This home sits on a 6.40 acre lot. It has been listed on Rocket Homes since October 17, 2023 and is currently priced at $2,500,000.
In October 2024 more than 55 listings in Summerville, SC were sold above the asking price. During the same period more than 83 listings were sold at asking price, while more than 133 were sold below. Between September 2024 and October 2024, Summerville, SC real estate market has seen increase in the number of listings by 6.3%.
From Rocket Homes Real Estate and based on county public records data.
NBA/WNBA
NBA/WNBA
Minor League Baseball Games
Horse Races
New York & Company
Stein Mart
Ross Dress For Less
Qdoba
Chick-fil-A
LongHorn Steakhouse
Infiniti
Kia
Buick
Active Rock
Talk/Personality