NOT LISTED FOR SALE

331 Lancaster Rd Spartanburg, SC 29306

Estimated Value: $157,000 - $286,000

1 Bed
1 Bath
1,034 Sq Ft
$211/Sq Ft Est. Value

Last Sold December 13, 2018

Last sale price $130,000 $126 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,421/month

85 Days on Market

Highlights

  • Lake On Lot
  • Wood Flooring
  • Sun or Florida Room
  • Dorman High School Rated A-
  • Main Floor Primary Bedroom
  • Breakfast Area or Nook

About This Home

As of December 2018

Prestige and Serene Lake Zimmerman is one of the upstate's best kept secret!! This 55 acre private lake is reserved for homeowners only and is known for its excellent fishing (catfish brim and bass) As one on homeowner stated "is the best fishing lake in SC"! Plus it's convenient to both Eastside and westside of Spartanburg only 15 minutes from each don't miss this opportunity to own a wonderful retreat into the lake. Zimmerman subdivision is surrounded by well-maintained country district 6 schools, only 10 minutes from Dorman High School. The hardwood floors original throughout the home metal roof approximately 5 years old new well pump installed October 2017 kitchen remodel 2002 bathroom remodel 2002 septic tank pumped 2016 large Waterfront lot, 95 feet of water Frontage this lot sits on .84 Acres

Last Agent to Sell the Property

JEFFREY SHIPPY

Belle Realty and Associates License #57619 Listed on: 08/23/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $520

Year Built

  • Built in 1962

Lot Details

  • 0.84 Acre Lot
  • Level Lot

Parking

  • 1 Parking Space

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,034 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Sun or Florida Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Lake On Lot

Schools

  • Pauline-Gl Elementary School
  • Gable Middle School
  • Dorman High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Cable TV Available

Community Details

  • Lake Zimmerman Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$520

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Parking Garage: Attached
  • ExteriorFinish: Vinyl Siding
  • Class: RESIDENTIAL
  • Type: Single Family
  • Estimated Heated Above Grade Sq Ft: 1034
  • Estimated Heated Below Grade Sq Ft: 1034
  • Estimated Total Heated Sq Ft: 1034
  • Estimated Age: 31-50
  • Estimated Year Built: 1962
  • Garage Carport2: 1
  • Heating Fuel Type: Gas - Propane
  • Lvt Date: 08/24/2018
  • Main Floor Number Of Bedrooms: 1
  • Sq Ft Range Heated Finsh: 1000-1199
  • Style: Ranch
  • Tax Rate: 4%
  • Middle School Jr High School: 6-Gable Middle
  • Section Subdivision: Lake Zimmerman
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1962

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Bedroom 1: On Level: 1, Size: 14x13
  • Price Per Sq Ft: 125.73
  • Number Of Stories: 1
  • Bonus Room: On Level: 1, sun room
  • Floors: Laminate Flooring, Hardwood
  • Interior Amenities: Fan - Ceiling, Smoke Detector, Cable Available, Fireplace
  • Kitchen: On Level: 1, Size: 14x12, nice view of lake
  • Living Room: On Level: 1, Size: 15x12
  • Number Of Bedrooms: 1
  • Full Bathrooms: 1
  • Specialty Rooms: Breakfast Area, Main Fl Master Bedroom, Sun Room

Exterior Features

  • Foundation: Crawl Space
  • Roof: Metal

Utilities

  • Cooling Fuel: Electricity
  • Cooling System: Central Forced
  • Heat System: Forced Warm Air
  • Water: Well

Schools

  • School District: 6
  • Elementary School: 6-Pauline-Gl
  • Middle School: 6-Gable Middle
  • High School: 6-Dorman High

Lot Info

  • Lot Description: Level, Lake
  • Number Of Acres: 0.84

Tax Info

  • Year: 2017
  • Taxes Dollar: 520

MLS Schools

  • School District: 6
  • Elementary School: 6-Pauline-GL
  • HighSchool: 6-Dorman High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2019
Sold by
Ratterree Benjamin and Ratterree Angela Leigh
Bought by
Brc Holdings Llc
Current Estimated Value
$218,297

Purchase Details

Listed on
Aug 23, 2018
Closed on
Dec 13, 2018
Sold by
Lancaster Larry N and Lancaster Kristy A
Bought by
Ratterree Benjamin and Ratterree Angela Leigh
Seller's Agent
JEFFREY SHIPPY
Belle Realty and Associates
List Price
$144,900
Sold Price
$130,000
Premium/Discount to List
-$14,900
-10.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$104,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2005
Sold by
Lancaster Larry N
Bought by
Lancaster Larry N and Lancaster Kristy A

Purchase Details

Closed on
Mar 26, 2002
Sold by
Lancaster Marvin D
Bought by
Lancaster Larry N
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
Brc Holdings Llc -- None Available
Ratterree Benjamin $130,000 None Available
Lancaster Larry N -- --
Lancaster Larry N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ratterree Benjamin $104,000
Previous Owner Lancaster Kristy A $58,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2018 12/13/18 Sold $130,000 -3.6% $126 / Sq Ft
10/19/2018 10/19/18 Price Changed $134,900 -3.6% $130 / Sq Ft
09/01/2018 09/01/18 Price Changed $139,900 -3.5% $135 / Sq Ft
08/23/2018 08/23/18 For Sale $144,900 -- $140 / 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
2024 $3,095 $8,970 $3,172 $5,798
2023 $3,095 $8,970 $3,172 $5,798
2022 $2,873 $7,800 $2,700 $5,100
2021 $2,886 $7,800 $2,700 $5,100
2020 $2,852 $7,800 $2,700 $5,100
2019 $2,852 $3,407 $1,318 $2,089
2018 $601 $3,407 $1,318 $2,089
2017 $521 $2,962 $1,193 $1,769
2016 $521 $2,962 $1,193 $1,769
2015 $516 $2,962 $1,193 $1,769
2014 $496 $2,962 $1,193 $1,769
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Multiple Listing Service of Spartanburg

MLS Number: SPN254781

Multiple Listing Service of Spartanburg

APN: 6-42-00-017.00