NOT LISTED FOR SALE

5011 New Cut Rd Inman, SC 29349

Estimated Value: $100,906 - $188,000

2 Beds
1 Bath
924 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $83,000 $90 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $823/month

20 Days on Market

Highlights

  • RV or Boat Storage in Community
  • Corner Lot
  • Cooling Available
  • Chapman High School Rated A-
  • Storm Windows
  • Carpet

About This Home

As of August 2021

Two bedroom one bathroom home on 1.48 acre corner lot. This a wonderful investment opportunity for a rental home with room to build another home. The land is level with plenty of road frontage.

Last Agent to Sell the Property

John Fravel

Keller Williams Realty Listed on: 07/10/2021

Keller Williams Realty

Last Buyer's Agent

John Fravel

Keller Williams Realty Listed on: 07/10/2021

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $461

Year Built

  • 1900

Lot Details

  • 1.48 Acre Lot
  • Property fronts an easement
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Composition Shingle Roof

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Crawl Space
  • Storm Windows

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Carport
  • Driveway

Schools

  • T. E. Mabry Middle School

Utilities

  • Cooling Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • RV or Boat Storage in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$461

Year Built

1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Estimated Acreage Range: 1-3
  • Estimated Heated Above Grade Sq Ft: 924
  • Estimated Total Heated Sq Ft: 924
  • Estimated Age: 75+
  • Garage Carport2: 2
  • Jr High: 1-T. E. Mabry
  • Lvt Date: 07/10/2021
  • Sq Ft Range Heated Finsh: 700-999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1900

Interior Features

  • Appliances: Cook Top - Electric, Oven - Electric
  • Price Per Sq Ft: 89.83
  • Number Of Stories: 1
  • Floors: Carpet
  • Master Bedroom Features: Master on Main Level
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Exterior Features: Windows - Some Storm
  • Foundation: Crawl Space
  • Roof: Composition Shingle

Garage/Parking

  • Driveway: Extra Pad, Easement
  • Garage Carport: Carport, Detached

Utilities

  • Cooling Fuel: Electricity
  • Garbage Pickup: Private
  • Sewer: Septic Tank
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Boat Storage

Schools

  • School District: 1
  • Elementary School: 1-Inman Elementary
  • Middle School: 1-Inman Intermediate
  • High School: 1-Chapman High

Lot Info

  • Lot Description: Corner, Level, Some Trees
  • Number Of Acres: 1.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2021
Closed on
Aug 19, 2021
Sold by
Ballenger Mark K
Bought by
Kiryukhin Tanya
Seller's Agent
John Fravel
Keller Williams Realty
Buyer's Agent
John Fravel
Keller Williams Realty
List Price
$90,000
Sold Price
$83,000
Premium/Discount to List
-$7,000
-7.78%
Total Days on Market
20
Current Estimated Value
$140,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,477
Avg. Annual Appreciation
14.85%

Purchase Details

Closed on
May 21, 2021
Sold by
Ballenger Mary K and Estate Of Maxie L Ballanger Sr
Bought by
Ballenger Mary K

Purchase Details

Closed on
Jul 13, 2012
Sold by
Ballenger Bernard S
Bought by
Ballenger Maxie L and Ballenger Mary K
Source: Public Records

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Range of Values:

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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
Kiryukhin Tanya $83,000 None Available
Ballenger Mary K -- None Available
Ballenger Maxie L $50,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $83,000 -7.8% $90 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $90,000 -- $97 / 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 $461 $1,194 $1,164 $30
2023 $461 $1,387 $1,341 $46
2022 $2,125 $4,980 $1,326 $3,654
2021 $1,421 $3,276 $1,326 $1,950
2020 $1,408 $3,276 $1,326 $1,950
2019 $1,408 $3,276 $1,326 $1,950
2018 $1,408 $3,276 $1,326 $1,950
2017 $1,290 $3,000 $1,326 $1,674
2016 $1,290 $3,000 $1,326 $1,674
2015 $1,275 $3,000 $1,326 $1,674
2014 $1,270 $3,000 $1,326 $1,674
Source: Public Records

Agents Affiliated with this Home

  • John Fravel

    Seller's Agent in 2021

    John Fravel

    Keller Williams Realty

    (864) 483-9818

    543 Total Sales

    John Fravel
    Section Image
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Map

Source: Multiple Listing Service of Spartanburg

MLS Number: SPN282237

Multiple Listing Service of Spartanburg

APN: 1-43-00-130.00

South Carolina Spartanburg County Inman 29349

5011 New Cut Rd, Inman, SC

This home is located at 5011 New Cut Rd, Inman, SC 29349 since 10 July 2021 and is currently estimated at $140,477, approximately $152 per square foot. This property was built in 1900. 5011 New Cut Rd is a home located in Spartanburg County with nearby schools including Inman Elementary School, T.E. Mabry Middle School, and Chapman High School.

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