NOT LISTED FOR SALE

40 Palmetto Dr Inman, SC 29349

Estimated Value: $385,000

5 Acres
$77,000 Price per Acre
217,800 Sq Ft Lot

Last Sold January 27, 2023

Last sale price $269,000

Est. 43% increase in value since last sale

Current estimated payment $2,383/month

10 Days on Market

Highlights

  • Horses Allowed On Property
  • Wooded Lot
  • Open Lot
  • James H. Hendrix Elementary School Rated A-
  • Stream
  • Lot Has A Rolling Slope

About This Lot

As of January 2023

A beautiful tract just off I-26 near Amazon, Wallmart and Contec, with a total of 1500 feet of road frontage so you don't have to build roads! City water available. There are 3 structures on this tract, a nice 1200 sq ft metal building with 2 bathrooms and HVAC and large paved lot. Also a separate 400 sq ft office with hvac and a nice free-standing storage building with concrete floor. This property is perfect for several single-family lots, or multifamily duplexes. Will work for individual commercial buildings, as this lot lays out well. Got to see this property to appreciate how pretty it is.

Last Agent to Sell the Property

Kim Keith

KEITH-EVANS REAL ESTATE LLC License #16061 Listed on: 12/09/2022

Last Buyer's Agent

Valentina Ragozinski

Affinity Group Realty License #92182

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,370

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 504x155x841x719
  • Rural Setting
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Schools

  • Hendrix Elementary School
  • Boiling Springs Middle School
  • Boiling Springs High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Community Details

  • Stream

Property Details

Property Type

Land

Est. Annual Taxes

$4,370

Lot Details

0

Listing Details

  • Class: LAND
  • Type: Acreage
  • Jr High: 2-Boiling Springs
  • Lvt Date: 12/09/2022
  • Utility Co Electric: duke
  • Utility Co Public Water: sws
  • Access: County Road, Interstate 1 mile or less
  • Lot Size Acreage: 5-10 Acres
  • Miscellaneous: Storage Building, No Deed Restrictions, Will Consider Dividing, Manufactred Homes Allowed
  • Natural Features: Open, Rolling, Sloping, Stream/Creek, Wooded
  • Type Property: Res. Multi-Family
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 53800

Exterior Features

  • Road Frontage: 1500

Utilities

  • Utilities: Electricity, Public Water Available, Septic Tank on Property, Septic Tank Necessary

Schools

  • School District: 2
  • Elementary School: 2-Hendrix Elem
  • Middle School: 2-Boiling Springs
  • High School: 2-Boiling Springs

Lot Info

  • Estimated Lot Dimensions: 504x155x841x719
  • Number Of Acres: 5
  • Location: Corner, Rural
  • Horses Allowed: yes

Tax Info

  • Year: 2022

MLS Schools

  • School District: 2
  • Elementary School: 2-Hendrix Elem
  • HighSchool: 2-Boiling Springs
  • Middle School: 2-Boiling Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Jan 27, 2023
Sold by
Keith Kim N
Bought by
Dominion Life Spartanburg
Seller's Agent
Kim Keith
KEITH-EVANS REAL ESTATE LLC
Buyer's Agent
Valentina Ragozinski
Affinity Group Realty
List Price
$269,000
Sold Price
$269,000
Views
82
Current Estimated Value
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,000
Avg. Annual Appreciation
13.93%

Purchase Details

Closed on
Jun 29, 2022
Sold by
Destiny Baptist Church
Bought by
Keith Kim N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$152,214
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$232,786
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dominion Life Spartanburg $269,000 --
Dominion Life Spartanburg $269,000 --
Keith Kim N $200,000 None Listed On Document
Keith Kim N $200,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keith Kim N $160,000
Closed Keith Kim N $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2023 01/27/23 Sold $269,000 0.0% --
12/19/2022 12/19/22 Pending -- -- --
12/09/2022 12/09/22 For Sale $269,000 -- --
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
2025 $4,370 $12,000 $3,372 $8,628
2024 $4,370 $12,000 $3,372 $8,628
2023 $4,370 $12,000 $3,372 $8,628
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 $1,973 $5,340 $1,458 $3,882
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Multiple Listing Service of Spartanburg

MLS Number: SPN296202

Multiple Listing Service of Spartanburg

APN: 2-49-15-003.00