NOT LISTED FOR SALE

3296 Sherman Dr Unit 7 Lancaster, SC 29720

Estimated Value: $132,899 - $208,000

1.05 Acres
$162,488 Price per Acre
45,694 Sq Ft Lot

Last Sold May 01, 2023

Last sale price $117,000

Est. 46% increase in value since last sale

Current estimated payment $1,198/month

350 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • 1.05 Acre Lot
  • Wooded Lot
  • Tennis Courts

About This Lot

As of May 2023

Dreaming of a place where you can build your favorite floorplan or design a home that reflects your unique lifestyle, tastes and design? Then this may be just what you've been looking for! This beautiful wooded homesite is just over an acre, close to the community amenities, and is the perfect spot for peaceful, private, and serene living! This gently sloping lot is suitable for a crawlspace or raised slab foundation.

Located just outside of Charlotte, Riverchase Estates is the perfect place to call home for those who love to be in nature, surrounded by trees, and part of an active lifestyle community. Within the 2,000-acre planned community, residents and property owners can enjoy over 500 acres of woods, trails, and amenities that border the shores of the Catawba River. The resort-style pool, clubhouse, playground, sports courts, fitness center and amphitheater are all complete. Buyer to verify all information if material to a purchasing decision.

Last Agent to Sell the Property

Sharon Ostler

Rinehart Realty Corporation License #272897 Listed on: 04/20/2022

Last Buyer's Agent

Lance Rosbash

NorthGroup Real Estate LLC License #304517

NorthGroup Real Estate LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,085

Lot Details

  • 1.05 Acre Lot
  • Lot Dimensions are 90x344x188x344
  • Level Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned LDR

HOA Fees

  • $116 Monthly HOA Fees

Home Design

  • Slab Foundation

Basement

  • Crawl Space

Schools

  • Erwin Elementary School
  • South Middle School
  • Lancaster High School

Utilities

  • Underground Utilities
  • Septic Needed
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0030L-0A-0320.00
  • Tax Block Ph 3A/Sec1

Community Details

Overview

  • Key CMI Association, Phone Number (704) 321-1556
  • Riverchase Estates Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Indoor Game Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$2,085

Lot Details

0

HOA Fees

$116 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Special Assessment Yn: 1
  • Special Assessment Description: HOA Cap Contrib $1395
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Possible Use: Residential
  • Room Count: 0

Exterior Features

  • Road Frontage: 90

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Cable Connected, Electricity Connected, Gas, Phone Connected, Underground Utilities
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Game Court, Gated, Outdoor Pool, Playground, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 1395
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Key CMI
  • Phone: 704-321-1556
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: dkennedy@keycmi.com

Association/Amenities

  • Association Annual Expense: 1395.00

Schools

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

Lot Info

  • Lot Features: Level, Wooded, Wooded
  • Lot Size Area: 1.049
  • Lot Size Units: Acres
  • Parcel Number: 0030L-0A-0320.00
  • Zoning: LDR
  • Plat Book Slide: 2008/68
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 2018-68
  • Lot Size Acres: 1.049
  • Lot Size: 90x344x188x344
  • Lot Size Sq Ft: 45694
  • ResoLotSizeUnits: Acres
  • Zoning Specification: LDR

Tax Info

  • Tax Block: Ph 3A/Sec1

MLS Schools

  • Elementary School: Erwin
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
May 1, 2023
Sold by
Iskandar Randa
Bought by
Silver Fox Properties-Waxhaw Llc
Seller's Agent
Sharon Ostler
Rinehart Realty Corporation
Buyer's Agent
Lance Rosbash
NorthGroup Real Estate LLC
List Price
$120,000
Sold Price
$117,000
Premium/Discount to List
-$3,000
-2.5%
Views
126
Current Estimated Value
$170,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,450
Avg. Annual Appreciation
16.75%

Purchase Details

Closed on
Oct 6, 2020
Sold by
Riverchase Estates Partners Llc
Bought by
Iskandar Randa and Alnahas Eyad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,410
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Silver Fox Properties-Waxhaw Llc $117,000 None Listed On Document
Iskandar Randa $74,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iskandar Randa $67,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $117,000 -9.2% --
01/17/2023 01/17/23 Price Changed $128,900 -0.8% --
08/01/2022 08/01/22 Price Changed $129,900 +8.3% --
04/20/2022 04/20/22 For Sale $120,000 -- --
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 $2,085 $6,294 $6,294 $0
2023 $1,490 $4,500 $4,500 $0
2022 $1,484 $4,500 $4,500 $0
2021 $1,462 $4,500 $4,500 $0
2020 $1,458 $4,500 $4,500 $0
2019 $1,522 $4,500 $4,500 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sharon Ostler

    Rinehart Realty Corporation

    Section Image

  • L

    Buyer's Agent in 2023

    Lance Rosbash

    NorthGroup Real Estate LLC

    (704) 441-6806

    24 in this area

    60 Total Sales

    Lance Rosbash
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3851583

Canopy MLS (Canopy Realtor® Association)

APN: 0030L-0A-032.00

South Carolina Lancaster County Lancaster 29720

3296 Sherman Dr Unit 7, Lancaster, SC

This home is located at 3296 Sherman Dr Unit 7, Lancaster, SC 29720 since 20 April 2022 and is currently estimated at $170,450. 3296 Sherman Dr Unit 7 is a home located in Lancaster County with nearby schools including Erwin Elementary School, South Middle School, and Lancaster High School.

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