$70,000
SOLD OCT 16, 2020

3048 Sherman Dr Lancaster, SC 29720

0.88 Acre
$79,545 Price per Acre
38,333 Sq Ft Lot

Recently Sold

9% Below List Price

570 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Trails
  • Clubhouse
  • Tennis Courts

About This Lot

As of April 2021

Bring your builder and build your dream home. If you don’t have one, use one of the community’s builders. This is a beautiful, partially wooded, 0.88 acre lot located in Phase I at Riverchase Estates. There’s a gated entrance, $4 million amenity center. It’s complete with a pool and playground. Enjoy the low property taxes of Lancaster, SC, while still maintaining quick and easy access to Charlotte, NC.

Last Agent to Sell the Property

angelo dieguez

Rinehart Realty Corporation License #101261 Listed on: 03/01/2019

Last Buyer's Agent

Dena Parry

Corcoran HM Properties License #267092

Corcoran HM Properties

Property Details

Property Type

  • Land

Year Built

  • 2021

HOA Fees

  • $108 Monthly HOA Fees

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 0030L-0A-011.00

Community Details

Overview

  • Key Cmi Association, Phone Number (704) 321-1556

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Year Built

2021

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.90909
  • Ratio Close Price By Original Li: 0.90909
  • Ratio Current Price By Acre: 79545.45
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None
  • Year Built (Public Record): 2021

Interior Features

  • H O A Management Phone: 704-321-1556

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Playground, Outdoor Pool, Tennis Court(s), Walking Trails
  • Association Fee: 1295.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Key CMI
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Erwin
  • Middle School: A.R. Rucker
  • High School: Lancaster

Lot Info

  • Lot Dimension: 170x331x61x335
  • Lot Size Area: 0.880
  • Parcel Number: 0030L-0A-011.00
  • Zoning Specification: LDR
  • Plat Reference Section Pages: 2008-808

Tax Info

  • Tax Value: 75000.00
  • Tax Location: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
Oct 14, 2020
Sold by
Morrow Veron and Morrow Christine
Bought by
Edwards Robert Malcolm and Edwards Sandra
Seller's Agent
angelo dieguez
Rinehart Realty Corporation
Buyer's Agent
Dena Parry
Corcoran HM Properties
List Price
$77,000
Sold Price
$70,000
Premium/Discount to List
-$7,000
-9.09%
Total Days on Market
570
Current Estimated Value
$887,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$817,201
Avg. Annual Appreciation
74.06%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $70,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2021 04/07/21 Sold $717,629 0.0% $246 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $717,629 +925.2% $246 / Sq Ft
10/16/2020 10/16/20 Sold $70,000 -9.1% --
09/21/2020 09/21/20 Pending -- -- --
09/09/2019 09/09/19 For Sale $77,000 +10.0% --
09/02/2019 09/02/19 Off Market $70,000 -- --
03/01/2019 03/01/19 For Sale $77,000 -- --
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 $2,590 $18,288 $3,000 $15,288
2023 $2,580 $18,288 $3,000 $15,288
2022 $2,876 $18,288 $3,000 $15,288
2021 $1,462 $4,500 $4,500 $0
2020 $339 $4,500 $4,500 $0
2019 $352 $1,035 $1,035 $0
2018 $338 $1,035 $1,035 $0
2017 $318 $0 $0 $0
2016 $313 $0 $0 $0
2015 $244 $0 $0 $0
2014 $244 $0 $0 $0
2013 $244 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3479686

Canopy MLS (Canopy Realtor® Association)

APN: 0030L-0A-011.00