NOT LISTED FOR SALE

130 Sherman Dr Unit 132 Boiling Springs, SC 29316

Estimated Value: $240,400 - $482,000

4 Beds
4 Baths
3,752 Sq Ft
$81/Sq Ft Est. Value

Last Sold August 14, 2024

Last sale price $470,000 $125 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $1,943/month

66 Days on Market

About This Home

As of August 2024

Presenting an exceptional rental opportunity! Your chance to own a package of two duplexes in the heart of Boiling Springs! With a total of 4 doors, this property presents an opportunity for great rental income. Benefit from the stability and reliability of multiple rental units within a single investment portfolio. This investment portfolio offers a rare chance to capitalize on two maintained duplexes. These two duplexes are on the same street within walking distance of each other are very close to Sherman Chiropractic College; Each duplex is brick and comes with 2 Beds and 1.5 Bath in each unit. Please be advised that the Seller prefers to not allow property showings prior to a contract being ratified. This is due to the logistics of coordinating showings with multiple tenants and providing the necessary 24 hours notice. When a contract is ratified the Buyer will have the opportunity to inspect the property during the Due Diligence period and, if necessary, receive the earnest funds back should they decide to terminate the agreement.

Last Agent to Sell the Property

Charlie Pruette

Reedy Property Group License #23567 Listed on: 04/23/2024

Last Buyer's Agent

Michelle Wood

Better Homes & Gardens Young & License #31726

Better Homes & Gardens Young &

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,903

Year Built

  • Built in 1981

Lot Details

  • 0.76

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,752 Sq Ft Home
  • 1-Story Property

Additional Features

  • 0.76 Acre Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2-50-16-073.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,903

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Total Sq Ft: 3752
  • Total Finished Sq Ft: 3752
  • Estimated Age: 31-50
  • Estimated Number of Acres: 0.76
  • Class: Multi-Family
  • Lvt Date: 05/13/2024
  • Sold Price Sq Ft: 125.27
  • Tax Rate4percent6percent: 6
  • Type: Duplex
  • Assessor Parcel Number: 2-50-16-073.00
  • Estimated Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1981

Interior Features

  • Number Of Stories: 1

Exterior Features

  • Exterior Finish: Brick Veneer – Partial, Vinyl Siding
  • Foundation: Slab
  • Roof: Composition Shingle

Utilities

  • Garbage Pickup: Private
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling System: Other/See Remarks
  • Heating System: Other/See Remarks

Schools

  • Elementary School: Boilings Spring
  • Middle School: Boiling Springs
  • High School: Boiling Springs

Tax Info

  • Total Taxes: 3902.9

Multi Family

  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
Aug 15, 2024
Sold by
Vgac Llc and 684 Fairview Llc
Bought by
Huang Irene
Seller's Agent
Charlie Pruette
Reedy Property Group
Buyer's Agent
Michelle Wood
Better Homes & Gardens Young &
List Price
$500,000
Sold Price
$470,000
Premium/Discount to List
-$30,000
-6%
Views
16
Current Estimated Value
$305,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$164,900
Avg. Annual Appreciation
-32.21%
Original Mortgage
$176,250
Outstanding Balance
$174,598
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$128,319

Purchase Details

Closed on
Jul 30, 2021
Sold by
Mullikin Phillip R
Bought by
Vgac Llc and 684 Fairview Llc

Purchase Details

Closed on
Apr 30, 2001
Sold by
Fields James W and Fields Rosemary L
Bought by
Mullikin Phillip R
Source: Public Records

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
Huang Irene $235,000 None Listed On Document
Huang Irene $235,000 None Listed On Document
Huang Irene $235,000 None Listed On Document
Vgac Llc $1,650,000 None Listed On Document
Mullikin Phillip R $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Irene $176,250
Closed Huang Irene $176,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2024 08/14/24 Sold $470,000 -6.0% $125 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $500,000 -- $133 / Sq Ft
Source: Greater Greenville Association of REALTORS®

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 $3,903 $10,308 $1,698 $8,610
2023 $3,903 $10,308 $1,698 $8,610
2022 $3,741 $9,480 $1,140 $8,340
2021 $2,380 $5,910 $1,140 $4,770
2020 $2,354 $5,910 $1,140 $4,770
2019 $2,354 $5,910 $1,140 $4,770
2018 $1,889 $6,012 $1,140 $4,872
2017 $2,058 $5,244 $1,140 $4,104
2016 $2,058 $5,244 $1,140 $4,104
2015 $2,044 $5,250 $1,140 $4,110
2014 $2,314 $6,012 $1,140 $4,872
Source: Public Records

Agents Affiliated with this Home

  • Charlie Pruette

    Seller's Agent in 2024

    Charlie Pruette

    Reedy Property Group

    (864) 275-7876

    33 Total Sales

    Charlie Pruette
    Section Image
  • Michelle Wood

    Buyer's Agent in 2024

    Michelle Wood

    Better Homes & Gardens Young &

    97 Total Sales

    Michelle Wood
    Section Image
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Map

Source: Greater Greenville Association of REALTORS®

MLS Number: 1526648

Greater Greenville Association of REALTORS®

APN: 2-50-16-073.00

South Carolina Spartanburg County Boiling Springs 29316

130 Sherman Dr Unit 132, Boiling Springs, SC

This home is located at 130 Sherman Dr Unit 132, Boiling Springs, SC 29316 since 23 April 2024 and is currently estimated at $305,100, approximately $81 per square foot. This property was built in 1981. 130 Sherman Dr Unit 132 is a home located in Spartanburg County with nearby schools including Shoally Creek Elementary School, Rainbow Lake Middle School, and Boiling Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Greenville Association of REALTORS® 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. Information is deemed reliable but not guaranteed.

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