NOT LISTED FOR SALE

1003 E Frederick St Gaffney, SC 29340

Estimated Value: $73,000 - $196,000

3 Beds
2 Baths
1,828 Sq Ft
$71/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $76,000 $42 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $810/month

50 Days on Market

Highlights

  • Wood Flooring
  • Front Porch
  • Heating Available
  • Country Style Home
  • Level Lot
  • 1-Story Property

About This Home

As of October 2023

Investors dream! Or an opportunity to live in the apartment in back while renovating the front. Don't miss the chance to purchase this charming home in the city of Gaffney with so much promise. Great location with double the income potential due to the apartment in the back which has its own entranceway. The apartment boosts a large den, kitchen, bedroom, and laundry area. The home is in need of repair but can be restored back to its original glory. Must see! The opportunities are endless. It is being sold "as is" and will only entertain cash or possibly owner financing offers.

Last Agent to Sell the Property

David George

TLCOX and Company License #126399 Listed on: 08/08/2023

Last Buyer's Agent

Cindy Hughey

R M DUNCAN REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $808

Year Built

  • Built in 1920

Lot Details

  • 0.3 Acre Lot
  • Level Lot
  • Few Trees
  • Property is zoned Residential Improved

Parking

  • Side or Rear Entrance to Parking

Home Design

  • Country Style Home
  • Architectural Shingle Roof
  • Hardboard

Interior Spaces

  • 1,828 Sq Ft Home
  • 1-Story Property
  • Living Quarters
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Schools

  • Limestone-Central Elementary School
  • Gaffney Middle School
  • Gaffney High School

Utilities

  • No Cooling
  • Heating Available
  • Municipal Trash

Home Details

Home Type

Single Family

Est. Annual Taxes

$808

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Parking Garage: Side/Rear Entry
  • ExteriorFinish: Hardboard Siding
  • Class: RESIDENTIAL
  • Type: Single Family
  • Estimated Heated Above Grade Sq Ft: 1828
  • Estimated Total Heated Sq Ft: 1828
  • Estimated Age: 50+
  • Estimated Year Built: 1920
  • Garage Carport2: 0
  • Heating Fuel Type: Electricity
  • In City: Yes
  • Lvt Date: 08/08/2023
  • Sq Ft Range Heated Finsh: 1800-1999
  • Style: Country
  • Tax Rate: 6%
  • Utility Co Electric: BPW
  • Utility Co Gas: Piedmont
  • Utility Co Public Water: BPW
  • Middle School Jr High School: 8-Gaffney Middle
  • Section Subdivision: None
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1920

Interior Features

  • Master Bedroom: Size: 12x11
  • Bedroom 2: Size: 11x11
  • Price Per Sq Ft: 41.58
  • Den: Size: 24x11
  • Number Of Stories: 1
  • Floors: Hardwood
  • Interior Amenities: Second Living Quarters
  • Kitchen: Size: 20x13
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Other Room 1: Size: 12x12, Apartment Bedroom
  • Other Room 2: Size: 14x10, Apartment kitchen
  • Other Room 3: Size: 18x14, Apartment Den

Exterior Features

  • Exterior Features: Porch-Front
  • Foundation: Crawl Space
  • Roof: Architectural

Utilities

  • Cooling System: No Cooling
  • Garbage Pickup: Public
  • Sewer: Public Sewer
  • Water: Public Water

Lot Info

  • Lot Description: Level, Sidewalk, Some Trees
  • Number Of Acres: 0.3
  • Zoning: Residential Improved

Tax Info

  • Year: 2022
  • Taxes Dollar: 808

MLS Schools

  • School District: 11 (Cherokee)
  • Elementary School: 8-Limestone-Central Elementary
  • HighSchool: 8-Gaffney High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Oct 26, 2023
Sold by
Maynor Properties Llc
Bought by
Santamaria Silvia Elizabeth
Seller's Agent
David George
TLCOX and Company
Buyer's Agent
Cindy Hughey
R M DUNCAN REALTY, INC
List Price
$82,000
Sold Price
$76,000
Premium/Discount to List
-$6,000
-7.32%
Views
258
Current Estimated Value
$129,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,533
Avg. Annual Appreciation
28.44%
Original Mortgage
$60,800
Outstanding Balance
$39,054
Interest Rate
7.18%
Mortgage Type
Seller Take Back
Estimated Equity
$90,479

Purchase Details

Closed on
Aug 2, 2012
Bought by
Maynor Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Santamaria Silvia Elizabeth $76,000 None Listed On Document
Maynor Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santamaria Silvia Elizabeth $60,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2023 10/26/23 Sold $76,000 0.0% $42 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/07/2023 09/07/23 Price Changed $76,000 -7.3% $42 / Sq Ft
08/08/2023 08/08/23 For Sale $82,000 -- $45 / Sq Ft
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
2025 $4,248 $10,240 $2,700 $7,540
2024 $2,003 $5,030 $2,700 $2,330
2023 $856 $2,160 $720 $1,440
2022 $808 $2,160 $720 $1,440
2021 $723 $1,920 $720 $1,200
2020 $714 $1,920 $0 $0
2019 $696 $1,920 $0 $0
2018 $696 $1,920 $0 $0
2017 $469 $1,720 $0 $0
2016 $474 $1,720 $0 $0
2015 $434 $1,720 $0 $0
2014 $434 $1,720 $0 $0
2013 $434 $1,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Multiple Listing Service of Spartanburg

MLS Number: SPN302957

Multiple Listing Service of Spartanburg

APN: 100-06-00-004.000