NOT LISTED FOR SALE

3038 Sherman Dr Lancaster, SC 29720

Estimated Value: $944,000 - $1,057,000

3 Beds
2.5 Baths
2,921 Sq Ft
$339/Sq Ft Est. Value

Last Sold May 23, 2019

Last sale price $629,000 $215 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,688/month

42 Days on Market

Highlights

  • Fitness Center
  • 1.2 Acre Lot
  • Clubhouse
  • Newly Remodeled
  • Open Floorplan
  • Wooded Lot

About This Home

As of May 2019

GREAT INVESTMENT OPPORTUNITY! Currently Classica's model for sale as an investor sale-leaseback opportunity.
Terms for investor are excellent. An amazing Ranch with huge living. Kitchen Island that seats 6/8. Great Room & Dining Room and Outdoor Living Area that open to each other and feel like one Huge Space. Kitchen & Dining are vaulted. Private Master Retreat with Spa Bath. Two private guest bedrooms and study. Imagine all this sitting on 1.20 treed acres.

Last Agent to Sell the Property

Mandy Watson

RE/MAX Executive Brokerage Email: mwatson@classicahomes.com License #37766 Listed on: 02/23/2019

Last Buyer's Agent

Mandy Watson

RE/MAX Executive Brokerage Email: mwatson@classicahomes.com License #37766 Listed on: 02/23/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,892

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 1.2 Acre Lot
  • Lot Dimensions are 119x335x179x377
  • Level Lot
  • Irrigation
  • Wooded Lot

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Transitional Architecture
  • Stone Siding
  • Stucco

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Wired For Data
  • Cathedral Ceiling
  • Insulated Windows
  • Great Room with Fireplace
  • Engineered Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Dual Flush Toilets

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Fresh Air Ventilation System
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 0030l-OA-010.00

Community Details

Overview

  • Key Community Management Association
  • Built by Classica Homes
  • Riverchase Estates Subdivision, Santa Fe C Floorplan
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,892

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$108 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2018
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 215.34
  • Attribution Contact: mwatson@classicahomes.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Other - See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Other - See Remarks
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2921
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 759
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 759
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Dual Flush Toilets, Electric Oven, Electric Water Heater, ENERGY STAR Qualified Dishwasher, Exhaust Hood, Gas Range, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven
  • Other Equipment: Network Ready
  • Above Grade Finished Sq Ft: 2921
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 2921
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Room Count: 9

Exterior Features

  • Exterior Features: In-Ground Irrigation, Other - See Remarks
  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Hard Stucco, Stone
  • Patio And Porch Features: Covered, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Attached Garage, Garage Door Opener

Utilities

  • Heating: Central, ENERGY STAR Qualified Equipment, Forced Air, Fresh Air Ventilation, Heat Pump, Natural Gas, Zoned
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Heat Pump, Zoned
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Outdoor Pool, Playground, Recreation Area, Tennis Court(s), Walking Trails, Other
  • Association Fee: 1295
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Key Community Management
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Area: 1.2
  • Lot Size Units: Acres
  • Parcel Number: 0030l-OA-010.00
  • Development Status: Completed
  • Lot Size Acres: 1.2
  • Lot Size: 119x335x179x377
  • Lot Size Sq Ft: 52272
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

Green Features

  • Green Sustainability: Engineered Wood Products
  • Green Verification Count: 1

Building Info

  • Builder Name: Classica Homes

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2019
Closed on
May 20, 2019
Sold by
Classica Homes Llc
Bought by
Shear Riionda and Shear Brent
Seller's Agent
Mandy Watson
RE/MAX Executive
Buyer's Agent
Mandy Watson
RE/MAX Executive
List Price
$650,000
Sold Price
$629,000
Premium/Discount to List
-$21,000
-3.23%
Current Estimated Value
$991,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,424
Avg. Annual Appreciation
7.40%
Original Mortgage
$471,750
Outstanding Balance
$413,921
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$577,503

Purchase Details

Listed on
Jun 8, 2017
Closed on
Dec 15, 2017
Sold by
Riverchase Estates Partners Llc
Bought by
Classica Homes Llc
Seller's Agent
Tony Hanson
Better Homes and Gardens Real Estate Paracle
Buyer's Agent
Non Member
Canopy Administration
List Price
$71,910
Sold Price
$71,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
350.89%
Original Mortgage
$7,000,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2014
Sold by
Lgi Land Sc Llc
Bought by
Riverchase Estates Partners Llc
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Shear Riionda $629,000 None Available
Classica Homes Llc $71,910 None Available
Riverchase Estates Partners Llc $13,650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shear Riionda $471,750
Previous Owner Classica Homes Llc $7,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2019 05/23/19 Sold $629,000 -3.2% $215 / Sq Ft
04/06/2019 04/06/19 Pending -- -- --
02/23/2019 02/23/19 For Sale $650,000 +803.9% $223 / Sq Ft
12/15/2017 12/15/17 Sold $71,910 0.0% --
06/08/2017 06/08/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $71,910 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $3,892 $24,784 $3,000 $21,784
2023 $3,878 $24,784 $3,000 $21,784
2022 $3,864 $24,784 $3,000 $21,784
2021 $12,077 $37,176 $4,500 $32,676
2020 $11,921 $36,786 $4,500 $32,286
2019 $10,239 $30,276 $4,500 $25,776
2018 $1,464 $4,500 $4,500 $0
2017 $232 $0 $0 $0
2016 $229 $0 $0 $0
2015 $206 $0 $0 $0
2014 $206 $0 $0 $0
2013 $206 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3477495

Canopy MLS (Canopy Realtor® Association)

APN: 0030L-0A-010.00