NOT LISTED FOR SALE

502 Old Boiling Springs Rd Spartanburg, SC 29303

Estimated Value: $108,000 - $155,000

1.8 Acres
$73,027 Price per Acre
78,408 Sq Ft Lot

Last Sold July 20, 2020

Last sale price $60,000

Est. 119% increase in value since last sale

Current estimated payment $861/month

516 Days on Market

About This Lot

As of July 2020

1.80 acres with approx 200 ft of road frontage on Old Boling Springs Rd AND approx 380 ft Merriotte Hill Rd. Great location for buisness/commercial use or rental property. Very convenient location. Visible from hwy 9.

Last Listed By

Rachel Smith

JIM SMITH & ASSOCIATES, INC. License #27022 Listed on: 12/21/2018

Property Details

Property Type

  • Land

Year Built

  • 1945

Lot Details

Schools

  • Boiling Springs Elementary And Middle School
  • Boiling Springs High School

Property Details

Property Type

Land

Year Built

1945

Lot Details

0

Listing Details

  • Class: LAND
  • Type: Commercial Site
  • Jr High: 2-Boiling Springs
  • Lvt Date: 12/21/2018
  • Access: Paved Road
  • Lot Size Acreage: 1-2 Acres
  • Type Property: Commercial
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1945

Schools

  • School District: 2
  • Elementary School: 2-Boiling Springs
  • Middle School: 2-Boiling Springs
  • High School: 2-Boiling Springs

Tax Info

  • Year: 2017
  • Taxes Dollar: 1349

MLS Schools

  • School District: 2
  • Elementary School: 2-Boiling Springs
  • HighSchool: 2-Boiling Springs
  • Middle School: 2-Boiling Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2018
Closed on
Jul 13, 2020
Sold by
Dillard Charles E and Poteat Edie
Bought by
Mckillop Business Group Llc
Seller's Agent
Rachel Smith
JIM SMITH & ASSOCIATES, INC.
Buyer's Agent
Rachel Smith
JIM SMITH & ASSOCIATES, INC.
List Price
$115,900
Sold Price
$60,000
Premium/Discount to List
-$55,900
-48.23%
Total Days on Market
516
Current Estimated Value
$131,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,449
Avg. Annual Appreciation
17.87%
Original Mortgage
$45,000
Outstanding Balance
$40,345
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$91,104

Purchase Details

Closed on
Feb 28, 2020
Sold by
Poteat Edie
Bought by
Dillard Charles E and Miller Chris

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mckillop Business Group Llc $60,000 None Available
Dillard Charles E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckillop Business Group Llc $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $60,000 -20.0% --
02/25/2019 02/25/19 Price Changed $75,000 -35.3% --
12/21/2018 12/21/18 For Sale $115,900 -- --
Source: Multiple Listing Service of Spartanburg

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,546 $4,140 $2,119 $2,021
2023 $1,546 $4,140 $2,119 $2,021
2022 $1,406 $3,600 $2,088 $1,512
2021 $1,817 $3,600 $2,088 $1,512
2020 $1,790 $4,632 $2,088 $2,544
2019 $1,577 $4,057 $1,829 $2,228
2018 $1,528 $4,057 $1,829 $2,228
2017 $1,350 $3,528 $1,536 $1,992
2016 $1,339 $3,528 $1,536 $1,992
2015 $1,336 $3,528 $1,536 $1,992
2014 $1,326 $3,528 $1,536 $1,992
Source: Public Records

Agents Affiliated with this Home

  • Rachel Smith

    Seller's Agent in 2020

    Rachel Smith

    JIM SMITH & ASSOCIATES, INC.

    (864) 415-5332

    152 Total Sales

    Rachel Smith
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Map

Source: Multiple Listing Service of Spartanburg

MLS Number: SPN257606

Multiple Listing Service of Spartanburg

APN: 2-56-04-012.00

South Carolina Spartanburg County Spartanburg 29303

502 Old Boiling Springs Rd, Spartanburg, SC

Homes for Sale in Spartanburg, SC

This home is located at 502 Old Boiling Springs Rd, Spartanburg, SC 29303 since 21 December 2018 and is currently estimated at $131,449. This property was built in 1945. 502 Old Boiling Springs Rd is a home located in Spartanburg County with nearby schools including Shoally Creek Elementary School, Rainbow Lake Middle School, and Boiling Springs High School.

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Multiple Listing Service of Spartanburg IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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