NOT LISTED FOR SALE

197 Rainbow Dr Gaffney, SC 29340

Estimated Value: $166,615 - $223,000

2 Beds
1 Bath
1,280 Sq Ft
$150/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $83,000 $65 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,035/month

22 Days on Market

Highlights

  • 5.09 Acre Lot
  • Fireplace
  • Window Unit Cooling System
  • Deck
  • Front Porch
  • 1-Story Property

About This Home

As of April 2022

This home would make a great investment! This home features 2 bedrooms, 1 bath situated on 5.09 acres. Home will need some TLC and is being sold as-is.

Last Agent to Sell the Property

Robert Fowler

OTHER Listed on: 03/10/2022

OTHER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $124

Year Built

  • Built in 1998

Lot Details

  • 5.09 Acre Lot
  • Sloped Lot

Parking

  • Gravel Driveway

Home Design

  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Front Porch

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Municipal Trash
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$124

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Estimated Acreage Range: 5+
  • Estimated Heated Above Grade Sq Ft: 1280
  • Estimated Total Heated Sq Ft: 1280
  • Estimated Age: 21-30
  • Estimated Year Built: 1998
  • Garage Carport2: 0
  • Heating Fuel Type: Gas - Propane
  • Lvt Date: 03/15/2022
  • Sq Ft Range Heated Finsh: 1200-1399
  • Style: Ranch
  • Tax Rate: 4%
  • Utility Co Electric: Duke Power
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1998

Interior Features

  • Price Per Sq Ft: 64.84
  • Number Of Stories: 1
  • Interior Amenities: Dryer Connection, Washer Connection, Fireplace
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Porch-Front
  • Foundation: Crawl Space
  • Roof: Composition Shingle

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling Fuel: Electricity
  • Cooling System: Window Unit
  • Garbage Pickup: Public
  • Heat System: Heat Pump
  • Sewer: Septic Tank
  • Water: Public Available, Well
  • Water Heater: Electric

Lot Info

  • Lot Description: Sloped
  • Number Of Acres: 5.09

Tax Info

  • Taxes Dollar: 124

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
May 4, 2022
Sold by
Towd Point Mortgage Trust
Bought by
Ruopp Dan
Seller's Agent
Robert Fowler
OTHER
List Price
$78,750
Sold Price
$83,000
Premium/Discount to List
$4,250
5.4%
Current Estimated Value
$192,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,154
Avg. Annual Appreciation
25.01%

Purchase Details

Closed on
Feb 1, 2021
Sold by
Clerk Of Court For Cherokee County
Bought by
Towd Point Mortgage Trust

Purchase Details

Closed on
Aug 12, 1995
Bought by
Patterson David and Patterson Glenda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ruopp Dan $83,000 Servicelink
Towd Point Mortgage Trust $73,350 Brock & Scott Pllc
Patterson David $12,700 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $83,000 +5.4% $65 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $78,750 -- $62 / 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 $449 $3,340 $990 $2,350
2024 $386 $3,340 $990 $2,350
2023 $381 $3,340 $990 $2,350
2022 $1,490 $4,840 $1,460 $3,380
2021 $124 $3,100 $980 $2,120
2020 $124 $3,100 $0 $0
2019 $118 $3,100 $0 $0
2018 $118 $3,100 $0 $0
2017 $100 $2,910 $0 $0
2016 $105 $2,910 $0 $0
2015 $106 $2,910 $0 $0
2014 $106 $2,910 $0 $0
2013 $106 $2,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Robert Fowler

    OTHER

    Section Image
See All Agents

Map

Source: Multiple Listing Service of Spartanburg

MLS Number: SPN288424

Multiple Listing Service of Spartanburg

APN: 117-00-00-001.028

South Carolina Cherokee County Gaffney 29340

197 Rainbow Dr, Gaffney, SC

Not Listed for Sale

Detached

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.

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.
Information is deemed reliable but not guaranteed.

Nearby Homes