NOT LISTED FOR SALE

501 W Arch St Lancaster, SC 29720

Estimated Value: $50,000 - $132,000

2 Beds
1 Bath
1,015 Sq Ft
$80/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $32,000 $32 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $498/month

4 Days on Market

About This Home

As of April 2021

Great investment opportunity! Priced to sell! Won't last long! Book your showing now!

Last Agent to Sell the Property

Steven Morgan

The Market Makers Group LLC License #98345 Listed on: 03/01/2021

Last Buyer's Agent

Steven Morgan

The Market Makers Group LLC License #98345 Listed on: 03/01/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 4,356

Additional Features

  • 1 Full Bathroom
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 0081A-0D-018.01

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.07023
  • Ratio Close Price By Original Li: 1.07023
  • Ratio Current Price By Acre: 320000.00
  • Ratio Current Price By Sq Ft: 31.53
  • Year Built: 1940
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1015
  • Total Sq Ft: 1015

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Parking: On-Street Parking

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Brooklyn Springs
  • Middle School: Buford
  • High School: Lancaster

Lot Info

  • Lot Size Area: 0.100
  • Parcel Number: 0081A-0D-018.01
  • Zoning Specification: CITY

Tax Info

  • Tax Value: 30300.00
  • Tax Location: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Apr 2, 2021
Sold by
Abbeydale Re Llc
Bought by
Argneta Carlos Alfredo Romero
Seller's Agent
Steven Morgan
The Market Makers Group LLC
Buyer's Agent
Steven Morgan
The Market Makers Group LLC
List Price
$29,900
Sold Price
$32,000
Premium/Discount to List
$2,100
7.02%
Current Estimated Value
$81,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,192
Avg. Annual Appreciation
22.93%

Purchase Details

Closed on
Aug 27, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Brown Debra

Purchase Details

Closed on
Apr 28, 2008
Sold by
Montgomery Robert and Williams Chris
Bought by
Deutsche Bank National Trust Co and Itf Inabs 2005-C

Purchase Details

Closed on
Sep 9, 2005
Sold by
Defrank Lee
Bought by
Montgomery Robert and Williams Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
9.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 10, 2005
Sold by
Allen Laney
Bought by
Defrank Lee and The Allen Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
9.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 24, 2003
Sold by
Lowery Charles H
Bought by
Allen Laney
Source: Public Records

Range of Values:

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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
Argneta Carlos Alfredo Romero $32,000 None Available
Abbeydale Re Llc $15,000 None Available
Brown Debra $14,000 --
Deutsche Bank National Trust Co $500 --
Montgomery Robert $63,000 --
Defrank Lee $38,000 --
Allen Laney $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montgomery Robert $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2021 04/02/21 Sold $32,000 +7.0% $32 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $29,900 -- $29 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $796 $1,824 $228 $1,596
2023 $811 $1,824 $228 $1,596
2022 $812 $1,824 $228 $1,596
2021 $802 $1,824 $228 $1,596
2020 $794 $1,818 $228 $1,590
2019 $930 $1,818 $228 $1,590
2018 $592 $1,818 $228 $1,590
2017 $744 $0 $0 $0
2016 $748 $0 $0 $0
2015 $758 $0 $0 $0
2014 $758 $0 $0 $0
2013 $758 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3713192

Canopy MLS (Canopy Realtor® Association)

APN: 0081A-0D-018.01