$29,000
SOLD FEB 7, 2014

513 Rainbow Lake Rd Boiling Springs, SC 29316

2 Beds
1 Bath
936 Sq Ft
0.48 Acres

Recently Sold

$31 Per Sq Ft

19% Below List Price

34 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Workshop
  • Boiling Springs Elementary School Rated A-
  • Wood Flooring
  • Front Porch

About This Home

As of March 2023

Location! Location! Location! In the heart of Boiling Springs, with walking distance to all shopping, restaurants and entertainments. Sold AS-IS. Needs some TLC to be new again, but new vinyl windows were installed. Home has a nice front porch. Corporate owned seller is never occupied, no sellers disclosure in file. Seller doesn’t give any warranty or guaranty of any kind. Buyer must be preapproved (letter of approval if financing obtained) or financial instructions letter with founds or Bank statement must be submitted with all offers if paying cash. Earnest money to be $1000 in certified founds. Addendums to be signed after acceptance. Buyer or buyer’s agent to very all info including sq. footage. Some info is taken from county records. Sold AS-IS where is.

Last Agent to Sell the Property

Vitaliy Moroz

SPARTAN REALTY , INC Listed on: 12/27/2013

Last Buyer's Agent

Leslie Horne

LESLIE HORNE & ASSOCIATES License #72159

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $391

Lot Details

  • 0.48 Acre Lot
  • Level Lot
  • Wooded Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Workshop
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Storage Shed
  • Front Porch

Schools

  • Oakland Elementary School
  • None Middle School
  • Boiling Springs High School

Utilities

  • Cooling Available
  • Baseboard Heating
  • Private Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$391

Lot Details

0

Listing Details

  • Parking Garage: Other/See Remarks, Workshop
  • ExteriorFinish: Other/See Remarks, Vinyl Siding
  • Class: RESIDENTIAL
  • Type: Single Family
  • Estimated Heated Above Grade Sq Ft: 936
  • Estimated Heated Below Grade Sq Ft: 936
  • Estimated Total Heated Sq Ft: 936
  • Estimated Age: 50+
  • Garage Carport2: 0
  • Heating Fuel Type: Electricity
  • Main Floor Number Of Bedrooms: 2
  • Sq Ft Range Heated Finsh: 700-999
  • Style: Ranch
  • C O M M N I T Y A M E N I T I E S: Other/See Remarks
  • Middle School Jr High School: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Bedroom 1: On Level: 1, Size: 10,11x12,6
  • Bedroom 2: On Level: 1, Size: 10,11x13,2
  • Price Per Sq Ft: 30.98
  • Number Of Stories: 1
  • Dining Room: On Level: 1, Size: 10,9x12
  • Floors: Carpet, Vinyl, Wood
  • Kitchen: On Level: 1, Size: 7,7x10,9
  • Living Room: On Level: 1, Size: 11,9x20,4
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Storage Space: Out Building (s)

Exterior Features

  • Exterior Features: Deck, Windows - Insulated, Porch-Front, Porch-Other
  • Foundation: Crawl Space
  • Roof: Composition Shingle

Garage/Parking

  • Driveway: Extra Pad

Utilities

  • Cooling Fuel: Electricity
  • Garbage Pickup: Private
  • Heat System: Baseboard
  • Sewer: Private Sewer
  • Water: Public Water

Schools

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

Lot Info

  • Lot Description: Level, Some Trees, Wooded
  • Number Of Acres: 0.48

Tax Info

  • Year: 2012
  • Taxes Dollar: 391

MLS Schools

  • School District: 2
  • Elementary School: 2-Oakland
  • HighSchool: 2-Boiling Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2023
Closed on
Mar 17, 2023
Sold by
Mills Chelsey Nicole
Bought by
Petty Haley
Seller's Agent
Jason Brackins
OTHER
List Price
$165,000
Sold Price
$161,000
Premium/Discount to List
-$4,000
-2.42%
Views
60
Current Estimated Value
$170,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,545
Avg. Annual Appreciation
1.92%
Original Mortgage
$158,083
Outstanding Balance
$153,971
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$14,503

Purchase Details

Listed on
Sep 3, 2019
Closed on
Oct 4, 2019
Sold by
Rabon Alesa Marina
Bought by
Mills Chelsey Nicole
Seller's Agent
Pam Harrison
KELLER WILLIAMS REALTY
Buyer's Agent
Jason Brackins
OTHER
List Price
$95,000
Sold Price
$104,000
Premium/Discount to List
$9,000
9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%
Original Mortgage
$105,050
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2017
Sold by
Patco Construction Inc
Bought by
Rabon Alesa Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,200
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 27, 2013
Closed on
Feb 4, 2014
Sold by
Fbsa 1 Llc
Bought by
Patco Construction Inc
Seller's Agent
Vitaliy Moroz
SPARTAN REALTY , INC
Buyer's Agent
Leslie Horne
LESLIE HORNE & ASSOCIATES
List Price
$36,000
Sold Price
$29,000
Premium/Discount to List
-$7,000
-19.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.53%

Purchase Details

Closed on
Sep 13, 2013
Sold by
Mcbee Dwayne J
Bought by
Fbsa 1 Llc

Purchase Details

Closed on
Jun 26, 2006
Sold by
Layton David M and Layton Patricia
Bought by
Mcbee Dwayne Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.55%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 5, 2005
Sold by
Bass Investment Properties Llc
Bought by
Layton David M and Layton Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
1.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 6, 2005
Sold by
Peters James L
Bought by
Bass Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
1.4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $161,000 --
Deed $161,000 --
Deed $104,000 None Available
Deed $60,000 None Available
Limited Warranty Deed $29,000 --
Sheriffs Deed $30,225 --
Deed $53,000 None Available
Warranty Deed $65,000 --
Warranty Deed $43,293 Hanover Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $158,083 FHA
Closed $158,083 FHA
Previous Owner $105,050 New Conventional
Previous Owner $58,200 New Conventional
Previous Owner $50,000 Future Advance Clause Open End Mortgage
Previous Owner $52,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $161,000 -2.4% $186 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/11/2023 02/11/23 For Sale $165,000 +58.7% $190 / Sq Ft
10/04/2019 10/04/19 Sold $104,000 +9.5% $120 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
09/03/2019 09/03/19 For Sale $95,000 +227.6% $110 / Sq Ft
02/07/2014 02/07/14 Sold $29,000 -19.4% $31 / Sq Ft
01/30/2014 01/30/14 Pending -- -- --
12/27/2013 12/27/13 For Sale $36,000 -- $38 / 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 $1,051 $6,440 $1,868 $4,572
2023 $1,051 $4,456 $1,868 $2,588
2022 $713 $4,160 $628 $3,532
2021 $712 $4,160 $628 $3,532
2020 $698 $4,160 $628 $3,532
2019 $427 $2,400 $628 $1,772
2018 $417 $2,400 $628 $1,772
2017 $292 $1,560 $560 $1,000
2016 $876 $2,340 $840 $1,500
2015 $875 $2,340 $840 $1,500
2014 $1,409 $3,888 $1,632 $2,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Multiple Listing Service of Spartanburg

MLS Number: SPN215367

Multiple Listing Service of Spartanburg

APN: 2-37-00-021.00