NOT LISTED FOR SALE

494 Cherokee Lake Rd Tamassee, SC 29686

Estimated Value: $263,000 - $322,000

3 Beds
2 Baths
1,000 Sq Ft
$285/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $170,000 $170 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,724/month

28 Days on Market

Highlights

  • Craftsman Architecture
  • No HOA
  • Cooling Available
  • Walhalla Middle School Rated A-
  • 2 Car Attached Garage
  • Bathroom on Main Level

About This Home

As of April 2021

Beautiful single-family home on 1.01. acres located minutes off of SC HWY 11. This 3 bedroom/2 bath home is move-in-ready. With an open central area, the large living room flows into an equally large kitchen/dining room area. The spacious master suite has an attached bath. While the other full bath is situated between the additional bedrooms. An approximately 2500 sqft of fenced in backyard provides a safe place for children or pets. With hardwoods and a flowing natural spring comprise the rest property. The home is a wonderful opportunity for those seeking privacy and the natural beauty of Oconee.

Last Agent to Sell the Property

Karl Addis

Powell Real Estate (5725) License #120700 Listed on: 02/12/2021

Last Buyer's Agent

Alicia Keys

Clardy Real Estate - Lake Keowee (25428) License #105850

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,087

Lot Details

  • 1.01

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Vinyl Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Location

  • Outside City Limits

Schools

  • Tam-Salem Elm Elementary School
  • Walhalla Middle School
  • Walhalla High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 043-00-01-048

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,087

Lot Details

0

Parking

2

Listing Details

  • Directions: Take SC HWY 11 North, turn left on to Cheohee Valley Road. Continue on Cheohee Valley Rd. 3.6 miles. Turn Left onto Cherokee Lake Rd. Drive 1.7 miles on Cherokee Lake Road. Home is on the right.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoLotFeatures: Not In Subdivision, Outside City Limits
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1000.0
  • Architectural Style: Craftsman
  • Garage Spaces: 2.0
  • Unit Levels: One
  • Living Area: 1000.0
  • Year Built Details: 11-20 Years
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: None, Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Stories: 1

Exterior Features

  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawlspace

Garage/Parking

  • Attached Garage: Yes
  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • HeatingYN: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Tam-Salem Elm
  • High School: Walhalla High
  • Middle Or Junior School: Walhalla Middle

Lot Info

  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Parcel #: 043-00-01-048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Apr 22, 2021
Sold by
Barrett Jason M and Barrett Katherine B
Bought by
Stamey Brittany and Welborn Joshua
Seller's Agent
Karl Addis
Powell Real Estate (5725)
Buyer's Agent
Alicia Keys
Clardy Real Estate - Lake Keowee (25428)
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%
Current Estimated Value
$285,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,015
Avg. Annual Appreciation
12.58%
Original Mortgage
$166,920
Outstanding Balance
$151,592
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$133,423
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
Stamey Brittany $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stamey Brittany $166,920
Previous Owner Barrett Jason M $115,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $170,000 -8.1% $170 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $185,000 -- $185 / Sq Ft
Source: Western Upstate Multiple Listing Service

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 $2,087 $6,471 $404 $6,067
2023 $2,087 $6,471 $404 $6,067
2022 $2,116 $6,471 $404 $6,067
2021 $538 $4,828 $402 $4,426
2020 $538 $4,828 $402 $4,426
2019 $538 $0 $0 $0
2018 $1,072 $0 $0 $0
2017 $494 $0 $0 $0
2016 $494 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $4,710 $410 $4,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Upstate Multiple Listing Service

MLS Number: 20236381

Western Upstate Multiple Listing Service

APN: 043-00-01-048