NOT LISTED FOR SALE

Estimated Value: $12,296,164

-- Bed
-- Bath
1,769 Sq Ft
$6,951/Sq Ft Est. Value

About This Home

This home is located at 501 Camelot Dr, Spartanburg, SC 29301 and is currently estimated at $12,296,164, approximately $6,950 per square foot. 501 Camelot Dr is a home located in Spartanburg County with nearby schools including Dorman High School Freshman Campus, Dorman High School, and Fine Arts Preparatory School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2019
Sold by
Two Bridges Timbercreek Apartments Llc
Bought by
Timber Creek 2019 Llc
Current Estimated Value
$12,296,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,760,000
Outstanding Balance
$5,114,839
Interest Rate
4.4%
Mortgage Type
Unknown
Estimated Equity
$7,359,965

Purchase Details

Closed on
Jan 20, 2015
Sold by
Jo An Properties Llc
Bought by
Two Bridges Timbercreek Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,215,000
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2013
Sold by
Upstate Property Rentals Llc
Bought by
Jo An Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 9, 2012
Sold by
Mlcfs 2007-8 Camelot Drive Llc
Bought by
Upstate Property Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,645,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2011
Sold by
Farmer Raymond B and Farmer Diane
Bought by
Mlcfc 2007-8 Camelot Drive Llc

Purchase Details

Closed on
Mar 30, 2010
Sold by
Timbercreek Apartments Llc
Bought by
Farmer Joshua B and Farmer Raymond B

Purchase Details

Closed on
Dec 23, 2003
Sold by
Ffa Investors Llc
Bought by
Timbercreek Apartments Llc
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Timber Creek 2019 Llc $7,125,000 None Available
Two Bridges Timbercreek Apartments Llc $5,613,000 --
Jo An Properties Llc $4,850,000 --
Upstate Property Rentals Llc $2,600,000 --
Mlcfc 2007-8 Camelot Drive Llc -- --
Farmer Joshua B -- --
Timbercreek Apartments Llc $3,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timber Creek 2019 Llc $1,491,000
Open Jones Lang Lasalle Multifamily Llc $5,760,000
Closed Timber Creek 2019 Llc $5,760,000
Previous Owner Two Bridges Timbercreek Apartments Llc $4,215,000
Previous Owner Jo Ann Properties Llc $500,000
Previous Owner Jo An Properties Llc $2,893,164
Previous Owner Upstate Property Rentals Llc $3,400,000
Previous Owner Upstate Property Rentals Llc $2,645,000
Previous Owner Timbercreek Apartments Llc $0
Previous Owner Timbercreek Apartments Llc $153,000
Source: Public Records

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 -- $387,297 $38,415 $348,882
2023 $172,201 $387,297 $38,415 $348,882
2022 $158,458 $336,780 $37,860 $298,920
2021 $158,458 $336,780 $37,860 $298,920
2020 $156,972 $336,780 $37,860 $298,920
2019 $153,330 $328,447 $36,923 $291,524
2018 $153,330 $328,447 $36,923 $291,524
2017 $132,830 $285,606 $37,860 $247,746
2016 $110,391 $285,606 $37,860 $247,746
2015 $129,961 $285,600 $37,860 $247,740
2014 $127,153 $285,600 $37,860 $247,740
Source: Public Records

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