NOT LISTED FOR SALE

1620 Rainbow Lake Rd Inman, SC 29349

Estimated Value: $298,924 - $478,000

2 Beds
2 Baths
1,820 Sq Ft
$219/Sq Ft Est. Value

Sale Details

Date Sold: October 24, 2025

Last sale price $425,000 $234 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,202 / mo

97 Days on Market

Highlights

  • Horses Allowed On Property
  • RV or Boat Parking
  • Deck
  • Oakland Elementary School Rated A-
  • 4 Acre Lot
  • Wood Flooring

About This Home

As of October 2025

Calling investors/homeowners/ and farm owners! Massive PRICE CUT with almost $83k instant equity! Looking to own a unique country property while also being close to town? This one is the one for you and priced to sell! This homesite sits on 4 acres of unrestricted land. With a large 30x60 building with power, this homesite would be perfect for those wanting a mini farm, space for a business or workshop. The main home is comprised of just over 1800 sq. feet. It features 2 bedrooms and 2 full bathrooms. Come in through the sun run that features 2 walls of windows and stunning coffered ceilings. The oversized family room is perfect for gatherings with a nook area for an office if needed. The spacious kitchen has been updated with granite countertops, hardwood floors and plenty of cabinet space. Off to the right is an oversized laundry room which also has exterior access into your carport. The 2 bedrooms are on the left side of the home. Both feature original hardwoods, with the primary bedroom featuring a newly updated en-suite. Showcasing double vanities with granite countertops and a stunning glass enclosed shower, this bathroom is luxurious. Behind the main home sit two studio apartments perfect for a in-law suite, rental income, or additional space for visiting guests plus the workshop. Both ADU's have their own entrance, kitchenette and large living spaces. The potential for this property is limitless! *pictures of the studio apts. are AFTER the exterior pictures of the main home*

Last Agent to Sell the Property

Maegan Watson

Keller Williams on Main License #113724 Listed on: 07/09/2025

Keller Williams on Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,825

Year Built

  • Built in 1951

Lot Details

  • 4 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Carport
  • RV or Boat Parking

Home Design

  • Cottage
  • Architectural Shingle Roof
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Insulated Windows
  • Window Treatments
  • Unfinished Basement
  • Partial Basement
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer Hookup

Schools

  • Oakland Elementary School
  • Rainbow Lake Middle School
  • Boiling Springs High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Additional Features

  • Deck
  • Pasture
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,825

Year Built

Built in 1951

Lot Details

4 Acres

Parking

2

Listing Details

  • PropertySubType: Single Family Residence
  • PropertyType: Residential
  • Horses: Yes
  • ResoLaundryFeatures: 1st Floor, Walk-In, Washer Hookup
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1820
  • Architectural Style: Cottage
  • Unit Levels: One
  • Reso Patio And Porch Features: Deck
  • Reso Window Features: Insulated Windows, Window Treatments
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Unfinished, Walk-Out Access
  • Interior Amenities: Cable Available, Attic Stairs Pulldown, Walk-In Closet(s), Solid Surface Counters, Bookcases
  • Spa Features: Bath
  • Full Bathrooms: 2
  • Living Area: 1820

Exterior Features

  • Exterior Features: R/V - Boat Parking
  • Roof: Architectural, Metal
  • Lot Features: Level, Pasture, Some Trees
  • Acres: 4
  • Construction Materials: HardiPlank Type, Vinyl Siding
  • Foundation Details: Basement

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Carport, 2 Car Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Security: Smoke Detector(s)
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: 2 Sptbg Co
  • Middle Or Junior School: 2-Rainbow Lake Middle School

Lot Info

  • Horse Amenities: Pasture

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1825

MLS Schools

  • Elementary School: 2-Oakland
  • HighSchool: 2-Boiling Springs

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2025
Closed on
Oct 24, 2025
Sold by
Bought by
Seller's Agent
Maegan Watson
Keller Williams on Main
List Price
$589,900
Sold Price
$425,000
Premium/Discount to List
-$164,900
-27.95%
Views
218
Current Estimated Value
$399,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,519
Avg. Annual Appreciation
-8.96%

Purchase Details

Closed on
Nov 30, 2023
Sold by
Bought by

Purchase Details

Closed on
Sep 8, 2022
Sold by
Bought by

Purchase Details

Closed on
May 3, 2021
Sold by
Bought by

Purchase Details

Closed on
Apr 5, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$425,000 None Listed On Document
-- None Listed On Document
$1,000 --
$1,000 --
$1,000 None Listed On Document
-- None Available
$16,500 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/24/2025 10/24/25 Sold $425,000 -10.7% $234 / Sq Ft
10/14/2025 10/14/25 Pending -- -- --
09/09/2025 09/09/25 Price Changed $475,900 -14.7% $261 / Sq Ft
07/30/2025 07/30/25 Price Changed $557,900 -5.4% $307 / Sq Ft
07/09/2025 07/09/25 For Sale $589,900 -- $324 / Sq Ft
Source: Multiple Listing Service of Spartanburg

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $576 $6,272 $504 $5,768
2024 $576 $5,313 $427 $4,886
2023 $576 $5,313 $427 $4,886
2022 $473 $4,620 $352 $4,268
2021 $472 $4,620 $352 $4,268
2020 $2,786 $11,576 $2,160 $9,416
2019 $2,786 $11,576 $2,160 $9,416
2018 $2,712 $11,576 $2,160 $9,416
2017 $944 $7,512 $1,600 $5,912
2016 $950 $7,512 $1,600 $5,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Multiple Listing Service of Spartanburg

MLS Number: SPN326175

Multiple Listing Service of Spartanburg

APN: 2-30-00-266.00

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