NOT LISTED FOR SALE

501 Fagan Dr Inman, SC 29349

Estimated Value: $735,000 - $921,000

3 Beds
2 Baths
2,806 Sq Ft
$294/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $625,000 $223 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,548/month

22 Days on Market

Highlights

  • Docks
  • Boat or Launch Ramp
  • Waterfront
  • Oakland Elementary School Rated A-
  • Lake On Lot
  • Open Floorplan

About This Home

As of April 2021

Custom home on one of Lake Bowen's most desirable coves that includes over 2800 square feet of living space on upper and lower levels! Open concept upstairs living area, with vaulted ceilings, crown molding, wood floors and stone fireplace that takes advantage of the lake views with large sliding glass doors across the entire backside of the house. Upstairs also includes a large screened in porch with tongue and groove ceiling and built in speakers to enjoy the summer lake breeze. The bottom level features a walkout basement and includes the master bedroom/bath with fireplace, additional bedroom, storage room and office space that overlooks the lake. Again, large sliding glass doors across the backside of the house take advantage of lake views from nearly every room. Outside, you'll find over 800 square feet of living area, featuring maintenance free Trex decking on both the upper and lower levels, a dock and boat lift, and your very own concrete boat launch that makes it easy to load and unload your toys whenever you want! The yard is well maintained and includes a sprinkler system that can be fed with lake water, as well as a professionally installed underground pet fence. Brand new heating and air system installed in 2018.

Last Agent to Sell the Property

ANGELA HUNT

Ponce Realty Group License #78744 Listed on: 02/04/2021

Ponce Realty Group

Last Buyer's Agent

RICHARD PRAYTOR

LESLIE HORNE & ASSOCIATES License #109966

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,165

Year Built

  • Built in 2007

Lot Details

  • Waterfront

Home Design

  • Craftsman Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Vinyl Trim
  • Stone Exterior Construction

Interior Spaces

  • 2,806 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Insulated Windows
  • Home Office
  • Bonus Room
  • Screened Porch
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Dishwasher
  • Solid Surface Countertops
  • Utility Sink

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Boat or Launch Ramp
  • Boat Ramp
  • Docks
  • Lake On Lot

Schools

  • Boiling Springs Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,165

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Estimated Acreage Range: < 1
  • Estimated Heated Above Grade Sq Ft: 1403
  • Estimated Heated Below Grade Sq Ft: 1403
  • Estimated Total Heated Sq Ft: 2806
  • Estimated Age: 11-20
  • Estimated Year Built: 2007
  • Basement Bathrooms: 1
  • Basement Bedrooms: 2
  • Garage Carport2: 2
  • Heating Fuel Type: Gas - Propane
  • Jr High: 2-Boiling Springs
  • Lot Description2: Water Front
  • Lvt Date: 02/04/2021
  • Main Floor Number Of Bedrooms: 1
  • Sq Ft Range Heated Finsh: 2800-2999
  • Style: Craftsman
  • Tax Rate: 4%
  • Utility Co Electric: Broad Rive
  • Utility Co Gas: Prince
  • Utility Co Public Water: SWS
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2007

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Cook Top - Gas, Oven - Electric
  • Master Bedroom: On Level: 2, Fireplace,His/Hers Closet
  • Price Per Sq Ft: 222.74
  • Number Of Stories: 1 w/ Basement
  • Basement: Finished - Completely, Full, Walkout
  • Bonus Room: On Level: 2
  • Dining Room: On Level: 1
  • Floors: Ceramic Tile, Hardwood
  • Interior Amenities: Fan - Ceiling, Electric Garage Door, Smoke Detector, Gas Logs, Cable Available, Ceilings-Cathedral/Raised, Attic Stairs-Disappearing, Dryer Connection, Washer Connection, Fireplaces - Multiple, Walk in Closet, Tub - Garden, Ceilings-Smooth, Countertops-Solid Surface, Utility Sink, Open Floor Plan
  • Kitchen: On Level: 1
  • Living Room: On Level: 1
  • Master Bedroom Features: Double Vanity, Bath - Full, Shower-Separate, Tub-Garden, Tub-Jetted, Tub-Separate, Walk-in Closet
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Specialty Rooms: Attic, Bonus, Office/Study
  • Storage Space: Attic, Basement, Garage

Exterior Features

  • Exterior: Stone, Vinyl Siding
  • Exterior Features: Windows - Insulated, Porch-Front, Porch-Screened, Porch-Other, Vinyl/Aluminum Trim
  • Foundation: Basement
  • Roof: Architectural

Garage/Parking

  • Driveway: Circular, Extra Pad, Paved-Asphalt, Paved
  • Garage Carport: Attached, Door Opener

Utilities

  • Cooling Fuel: Electricity
  • Cooling System: Central Forced
  • Garbage Pickup: Private
  • Heat System: Forced Warm Air
  • Sewer: Septic Tank
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Boat Ramp, Cable TV, Dock

Schools

  • School District: 2
  • Elementary School: 2-Oakland
  • Middle School: 2-Boiling Springs
  • High School: 2-Boiling Springs

Lot Info

  • Lot Description: Mountain View, Lake, Water Front, Dock

Tax Info

  • Taxes Dollar: 3165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Apr 2, 2021
Sold by
Sullivan Wendy and Fowler Ryan M
Bought by
Merrison Sarah R and Mcentire Kevin
Seller's Agent
ANGELA HUNT
Ponce Realty Group
Buyer's Agent
RICHARD PRAYTOR
LESLIE HORNE & ASSOCIATES
List Price
$639,900
Sold Price
$625,000
Premium/Discount to List
-$14,900
-2.33%
Current Estimated Value
$825,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,623
Avg. Annual Appreciation
6.28%
Original Mortgage
$350,000
Outstanding Balance
$271,462
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$546,578

Purchase Details

Closed on
May 24, 2019
Sold by
Sullivan Wendy
Bought by
Sullivan Wendy and Fowler Ryan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2005
Sold by
Weber Charles E
Bought by
Turner Floyd T and Turner Pamela S
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
Merrison Sarah R $625,000 None Available
Sullivan Wendy -- None Available
Sullivan Wendy $525,000 None Available
Turner Floyd T $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrison Sarah R $350,000
Previous Owner Sullivan Wendy $420,000
Previous Owner Wallace Steven $380,000
Previous Owner Turner Floyd T $335,000
Previous Owner Turner Floyd T $20,000
Previous Owner Turner Floyd T $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $625,000 -2.3% $223 / Sq Ft
02/04/2021 02/04/21 For Sale $639,900 -- $228 / 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 $12,697 $37,500 $9,450 $28,050
2023 $12,697 $25,000 $6,300 $18,700
2022 $13,320 $37,500 $9,450 $28,050
2021 $3,214 $21,000 $6,300 $14,700
2020 $3,165 $21,000 $6,300 $14,700
2019 $3,165 $20,000 $6,300 $13,700
2018 $2,937 $20,000 $6,300 $13,700
2017 $2,667 $20,000 $6,300 $13,700
2016 $1,253 $10,248 $3,600 $6,648
2015 $1,247 $10,244 $3,600 $6,644
2014 $1,532 $10,244 $3,600 $6,644
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Multiple Listing Service of Spartanburg

MLS Number: SPN277969

Multiple Listing Service of Spartanburg

APN: 2-22-05-014.00