NOT LISTED FOR SALE

509 E Gay St Lancaster, SC 29720

Estimated Value: $53,000 - $118,000

1 Bed
1 Bath
512 Sq Ft
$146/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $39,000 $76 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $475/month

21 Days on Market

Highlights

  • No HOA
  • Front Porch
  • 1-Story Property
  • Buford Middle School Rated 9+
  • Bungalow
  • 2-minute walk to Hughes Street Park

About This Home

As of September 2021

Adorable investment opportunity in the heart of Lancaster! This tenant occupied, income generating property is ready for seamless acquisition. Property includes kitchen appliances and window unit. Take advantage of this opportunity, at this price it won't last long. (pictures while unoccupied).

Last Agent to Sell the Property

Ashley Branson

Heartland Realty LLC Brokerage Email: ashley@myheartlandrealty.com License #115115 Listed on: 07/05/2021

Last Buyer's Agent

Valessa Davis

NorthGroup Real Estate LLC License #310681

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 4,007 Sq Ft Lot
  • Lot Dimensions are 45x90x45x90
  • Fenced
  • Level Lot
  • Property is zoned cty

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 512 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Crawl Space
  • Electric Cooktop

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Front Porch

Schools

  • Lancaster High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0068O-0H-004.00

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

4,007 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1940
  • Restrictions: No Restrictions
  • Road Surface Type: None, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 76.17
  • Attribution Contact: ashley@myheartlandrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Laminate
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 512
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Cooktop, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 512
  • Accessibility Features: Other - See Remarks
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 512
  • Bedroom Main: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • Waterfront Features: None
  • Construction Type: Vinyl
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: On Street

Utilities

  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Laundry Features: None
  • Cooling: Window Unit(s)
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 0068O-0H-004.00
  • Plat Book Slide: 210
  • Plat Reference Section Pages: 15
  • Lot Size Acres: 0.092
  • Lot Size: 45x90x45x90
  • Lot Size Sq Ft: 4007
  • ResoLotSizeUnits: Acres
  • Zoning Specification: cty

Rental Info

  • Hold Date: 2021-07-11

MLS Schools

  • Elementary School: Unspecified
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2021
Closed on
Sep 3, 2021
Sold by
Joyner Stephen Gary
Bought by
Infinity Management Group Llc
Seller's Agent
Ashley Branson
Heartland Realty LLC
Buyer's Agent
Valessa Davis
NorthGroup Real Estate LLC
List Price
$37,500
Sold Price
$39,000
Premium/Discount to List
$1,500
4%
Current Estimated Value
$76,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,703
Avg. Annual Appreciation
15.62%
Original Mortgage
$31,200
Outstanding Balance
$28,347
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$46,599

Purchase Details

Listed on
Jun 22, 2019
Closed on
Jul 12, 2019
Sold by
East Gay Rentals Llc
Bought by
Joyner Stephen Gary
Seller's Agent
Lloyd Hartman-Trimble
Carolina Homes Connection, LLC
Buyer's Agent
Lloyd Hartman-Trimble
Carolina Homes Connection, LLC
List Price
$34,000
Sold Price
$30,000
Premium/Discount to List
-$4,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.98%

Purchase Details

Closed on
Aug 27, 2013
Sold by
Rape Megan D and Rape Vanessa N
Bought by
East Gay 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
$65,000
Interest Rate
4.31%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 18, 2010
Sold by
Mcmanus Jeffrey A
Bought by
Rape Megan D and Rape Vanessa N

Purchase Details

Closed on
Jan 31, 2010
Sold by
Timmons Christine L and Timmons Marvin
Bought by
Mcmanus Jeffrey A

Purchase Details

Closed on
May 29, 2003
Sold by
Rodgers Quinton M
Bought by
Timmons Christine L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Infinity Management Group Llc $39,000 None Available
Joyner Stephen Gary $30,000 None Available
East Gay Rentals Llc $13,000 --
Rape Megan D $11,500 --
Mcmanus Jeffrey A $125,000 --
Timmons Christine L $34,152 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Infinity Management Group Llc $31,200
Previous Owner East Gay Rentals Llc $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2021 09/03/21 Sold $39,000 +4.0% $76 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $37,500 0.0% $73 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $37,500 -3.8% $73 / Sq Ft
07/11/2021 07/11/21 Off Market $39,000 -- --
07/05/2021 07/05/21 For Sale $37,500 +25.0% $73 / Sq Ft
07/12/2019 07/12/19 Sold $30,000 -11.8% $59 / Sq Ft View Prior Sale
07/03/2019 07/03/19 Pending -- -- --
06/22/2019 06/22/19 For Sale $34,000 -- $66 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $963 $2,196 $108 $2,088
2023 $1,010 $2,196 $108 $2,088
2022 $983 $2,196 $108 $2,088
2021 $683 $1,548 $108 $1,440
2020 $641 $1,470 $108 $1,362
2019 $424 $834 $108 $726
2018 $270 $834 $108 $726
2017 $339 $0 $0 $0
2016 $341 $0 $0 $0
2015 $311 $0 $0 $0
2014 $311 $0 $0 $0
2013 $311 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3758850

Canopy MLS (Canopy Realtor® Association)

APN: 0068O-0H-004.00

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