Seller's Agent in 2023
Nicole Watkins
JPAR Magnolia Group Greenville
(864) 473-8293
41 Total Sales
205 Floyd Rd Spartanburg, SC 29303
Estimated Value: $225,794 - $243,000
2
Beds
2
Baths
1,642
Sq Ft
$144/Sq Ft
Est. Value
Highlights
- 1-Story Property
- Spartanburg High School Rated A-
- Forced Air Heating and Cooling System
About This Home
As of September 2023Welcome to an exceptional investment opportunity in Spartanburg, SC! This impressive duplex, conveniently located near downtown and the interstate, offers a great return on investment potential for seasoned investors and an ideal house hacking opportunity for new investors or first-time home buyers. Priced attractively at $225,000, this duplex features two separate 1-bedroom, 1-full bath units, each currently renting for $1,200 per month. The consistent rental income makes this property an attractive choice for investors seeking cash flow and long-term profitability. Originally a single-family, all-brick home, this property has been skillfully converted into a duplex, maximizing its rental potential while maintaining its solid construction and timeless charm. The well-designed layout ensures privacy and comfort for tenants in each unit. The excellent location of this duplex is a major highlight, providing easy access to downtown amenities, entertainment, dining, and shopping. With its proximity to the interstate, residents will enjoy convenient commuting options to neighboring areas and beyond. Whether you’re a seasoned investor seeking to expand your portfolio or a new investor or first-time home buyer looking to house hack and generate rental income, this duplex presents a prime opportunity. Don’t miss out on the chance to make a smart investment in Spartanburg’s thriving real estate market. Contact us today to schedule a private showing and explore the potential this duplex holds for your financial future!
Last Agent to Sell the Property
JPAR Magnolia Group Greenville License #107408 Listed on: 07/18/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,227
Year Built
- Built in 1952
Lot Details
- 0.74 Acre Lot
Home Design
- Duplex
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 1,642 Sq Ft Home
- 1-Story Property
- Crawl Space
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 7-04-08-005.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 6, 2024
Sold by
Otr Properties Llc
Bought by
Calderon Diana
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$217,869
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$18,830
Purchase Details
Listed on
Jul 18, 2023
Closed on
Sep 7, 2023
Sold by
Carolina Home Enterprises Llc
Bought by
Otr Properties Llc
Seller's Agent
Nicole Watkins
JPAR Magnolia Group Greenville
Buyer's Agent
Michelle Hilman
Laura Simmons & Associates RE
List Price
$225,000
Sold Price
$225,000
Views
122
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.61%
Original Mortgage
$138,750
Interest Rate
6.96%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 21, 2018
Closed on
Nov 29, 2018
Sold by
Freedman Arthur M
Bought by
Carollina Home Enterprises Llc
Seller's Agent
Christy Mills
BHHS C Dan Joyner - Sptbg
List Price
$140,000
Sold Price
$85,000
Premium/Discount to List
-$55,000
-39.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.64%
Purchase Details
Closed on
Oct 26, 2006
Sold by
Haynes Alan C
Bought by
Freedman Arthur M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.27%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Calderon Diana | $235,000 | None Listed On Document | |
| Otr Properties Llc | $225,000 | None Listed On Document | |
| Carollina Home Enterprises Llc | $85,000 | None Available | |
| Freedman Arthur M | $70,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Calderon Diana | $220,000 | |
| Previous Owner | Otr Properties Llc | $138,750 | |
| Previous Owner | Carolina Home Enterprises Llc | $72,250 | |
| Previous Owner | Freedman Arthur M | $63,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/07/2023 09/07/23 | Sold | $225,000 | 0.0% | $137 / Sq Ft |
| 07/24/2023 07/24/23 | Pending | -- | -- | -- |
| 07/18/2023 07/18/23 | For Sale | $225,000 | +164.7% | $137 / Sq Ft |
| 11/30/2018 11/30/18 | Sold | $85,000 | -15.0% | $55 / Sq Ft |
| 10/25/2018 10/25/18 | Price Changed | $100,000 | -28.6% | $65 / Sq Ft |
| 09/21/2018 09/21/18 | For Sale | $140,000 | -- | $91 / Sq Ft |
Source: Greater Greenville Association of REALTORS®
Tax History Compared to Growth
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 | $5,682 | $13,494 | $1,350 | $12,144 |
| 2023 | $5,682 | $5,865 | $1,188 | $4,677 |
| 2022 | $2,163 | $5,100 | $1,692 | $3,408 |
| 2021 | $2,191 | $5,100 | $1,692 | $3,408 |
| 2020 | $2,161 | $5,100 | $1,692 | $3,408 |
| 2019 | $2,161 | $4,745 | $982 | $3,763 |
| 2018 | $949 | $4,746 | $969 | $3,777 |
| 2017 | $850 | $4,126 | $874 | $3,252 |
| 2016 | $838 | $4,126 | $874 | $3,252 |
| 2015 | $793 | $4,126 | $874 | $3,252 |
| 2014 | $783 | $4,126 | $874 | $3,252 |
Source: Public Records
Agents Affiliated with this Home
-
Nicole Watkins
-
Michelle Hilman
Buyer's Agent in 2023
Michelle Hilman
Laura Simmons & Associates RE
(864) 884-1392
80 Total Sales
-
Christy Mills
C
Seller's Agent in 2018
Christy Mills
BHHS C Dan Joyner - Sptbg
(864) 357-9391
25 Total Sales
Map
Source: Greater Greenville Association of REALTORS®
MLS Number: 1503631
APN: 7-04-08-005.00
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