$57,500
SOLD JUN 18, 2020

5027 Townsend Rd Lancaster, SC 29720

0.86 Acre
$66,860 Price per Acre
37,462 Sq Ft Lot

Recently Sold

15% Below List Price

206 Days on Market

Highlights

  • Fitness Center
  • Community Lake
  • Wooded Lot
  • Gated Community
  • Clubhouse
  • Community Pool

About This Lot

As of June 2020

You can bring your own builder to this .86 acre wooded lot tucked in the center of the Riverchase Estates. Convenient to the amenities center. Gated 2,000 acre community just 30 minutes from Charlotte, escape the hustle and bustle to a serene setting nestled on the shores of the Catawba River. Lower SC taxes and a 500+ acre nature preserve. 4+ million dollar amenity complex with a resort-style pool, clubhouse, tennis courts, basketball courts, fitness center, and playground. Nature trails and access to the Catawba River for canoeing or kayaking. 2400 sq ft is the required minimum for the neighborhood.

Last Agent to Sell the Property

Kyla Ferguson

Carolina Homes Connection, LLC License #308094 Listed on: 08/16/2019

Carolina Homes Connection, LLC

Last Buyer's Agent

Lisa Otto

Premier South License #189089

Premier South

Property Details

Property Type

  • Land

Lot Details

  • Level Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $108 Monthly HOA Fees

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 0030L-0C-033.00

Community Details

Overview

  • Diana Kennedy Association, Phone Number (704) 321-1556
  • Community Lake

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.84683
  • Ratio Close Price By Original Li: 0.84683
  • Ratio Current Price By Acre: 66860.47
  • Restrictions: Architectural Review, Square Feet
  • Special Features: None

Interior Features

  • H O A Management Phone: 704-321-1556

Utilities

  • Sewer: Septic Needed
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Lake, Outdoor Pool, Playground, Recreation Area, Tennis Court(s), Walking Trails
  • Association Fee: 1295.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Diana Kennedy
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Erwin
  • Middle School: A.R. Rucker
  • High School: Lancaster

Lot Info

  • Lot Features: Level, Trees, Wooded
  • Lot Size Area: 0.860
  • Parcel Number: 0030L-0C-033.00
  • Zoning Specification: r

Tax Info

  • Tax Value: 75000.00
  • Tax Location: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jun 16, 2020
Sold by
Davis Margaret and Davis Jonathan
Bought by
Frommelt Edward Robert and Frommelt Mayra A
Seller's Agent
Lynn Wansley
EXP Realty LLC Ballantyne
Buyer's Agent
Lisa Otto
Premier South
List Price
$542,299
Sold Price
$599,798
Premium/Discount to List
$57,499
10.6%
Current Estimated Value
$937,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,787
Avg. Annual Appreciation
9.70%
Original Mortgage
$539,818
Outstanding Balance
$483,758
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$480,845
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 Type Sale Price Title Company
Warranty Deed $57,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $539,818 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2020 06/18/20 Sold $599,798 +943.1% $203 / Sq Ft
06/18/2020 06/18/20 Sold $57,500 -89.4% --
06/13/2020 06/13/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $542,299 +698.7% $183 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
08/16/2019 08/16/19 For Sale $67,900 -- --
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 $3,470 $22,032 $3,000 $19,032
2023 $3,457 $22,032 $3,000 $19,032
2022 $3,445 $22,032 $3,000 $19,032
2021 $3,284 $22,032 $3,000 $19,032
2020 $1,458 $4,500 $4,500 $0
2019 $352 $1,035 $1,035 $0
2018 $338 $1,035 $1,035 $0
2017 $318 $0 $0 $0
2016 $313 $0 $0 $0
2015 $244 $0 $0 $0
2014 $244 $0 $0 $0
2013 $244 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3540668

Canopy MLS (Canopy Realtor® Association)

APN: 0030L-0C-033.00