NOT LISTED FOR SALE

Estimated Value: $1,060,000 - $1,262,000

4 Beds
4.5 Baths
5,799 Sq Ft
$202/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $770,000 $133 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,986/month

Highlights

  • 0.8 Acre Lot
  • Wood Flooring
  • Bonus Room
  • Spartanburg High School Rated A-
  • Tudor Architecture
  • Sun or Florida Room: Size: 13x10

About This Home

As of July 2020

Welcome to 514 Otis Blvd located in the highly coveted Converse Heights downtown Spartanburg. This circa 1927 Tudor boasts over 5,600 SF of quality and character that's ready for your buyer's personal touch. Most of the landscape architecture is original to the home situated on a double lot consisting of 0.80 acres of manicured hedgerows, custom pond and cabana area perfect for hosting all your special events. The exterior is made of River Sand Tabby, which is also found in some of the most historic homes in the low country of South Carolina. The front entry leads to an open foyer flanked by the 28'x19' sunken living room to the right featuring hardwood floors and masonry fireplace. To the left of the foyer the office and library which provides a perfect place to entertain guest with easy access to the built in wine bar customized with glass shelving and granite countertop. The kitchen was nicely updated with Thermador appliances and updated cabinetry. The second floor contains 4 nice sized bedrooms, 3 full baths with a private master ensuite with 2 large walk in closets. The third floor is perfect for a 5th bedroom or bonus room and features a full bath and plenty of storage. Be sure to visit the unfinished basement with concrete floors, laundry area and plenty of additional storage. RECENT PRICE REDUCTION! This home is being listed below the recent appraised value so the buyer has instant equity at closing.

Last Agent to Sell the Property

C. Matthew Crider

Herlong Sotheby's International Realty License #75639 Listed on: 07/30/2019

Herlong Sotheby's International Realty

Last Buyer's Agent

NON MLS MEMBER

Non MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,516

Year Built

  • 1927

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 147 x 247
  • Fenced Yard
  • Level Lot
  • Sprinkler System
  • Few Trees

Home Design

  • Tudor Architecture
  • Tile Roof

Interior Spaces

  • 5,650 Sq Ft Home
  • 5,600-5,799 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace Features Masonry
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room: Size: 13x10
  • Screened Porch
  • Wood Flooring
  • Unfinished Basement
  • Laundry in Basement
  • Security System Owned

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Separate Shower

Attic

  • Storage In Attic
  • Permanent Attic Stairs

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Converse Heights Subdivision

Listing and Financial Details

  • Tax Lot 4 & 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,516

Year Built

1927

Lot Details

0

Listing Details

  • Lot Description: Fenced Yard, Level, Sidewalk, Some Trees
  • Total Sq Ft: 5650
  • Total Finished Sq Ft: 5650
  • 4: Y, Size: 17x15
  • Estimated Age: 50+
  • Estimated Number of Acres: 0.8
  • Bonus/Recreation Room: Y, Size: 33x15
  • Class: Residential
  • Electric Company: Duke Power
  • Garage Spaces: 2
  • Gas Company: Piedmont
  • In City: Y
  • Leadbased Paint Disc Req: Yes
  • Legal Lot Number: 4 & 5
  • Lot Size Acreage: 1/2 - Acre
  • Lvt Date: 07/30/2019
  • Number Of Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Parking Garage: Carport 1 Car, Detached Garage 2 Cars, Door Opener, Key Pad Entry
  • Sold Price Sq Ft: 136.28
  • Street Designation: Boulevard
  • Style: Tudor
  • Subdivision: Converse Heights
  • Tax Rate4percent6percent: 4%
  • Total Finished Heated Sq Ft: 5600-5799
  • Type: Single Family-Detached
  • Water Company: Spartanburg Water
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1927

Interior Features

  • Appliances: Cook Top-Gas, Dishwasher, Disposal, Refrigerator, Double Oven
  • Basement: Unfinished
  • Floors: Hardwood
  • Interior Amenities: Attic Stairs Permanent, Cable Available, Ceiling 9ft+, Ceiling Fan, Security System Owned, Walk In Closet, Wet Bar, Countertops-Other, Pantry – Walk In
  • Master Bed Features: Full Bath, Multiple Closets, Master On 2nd Lvl, Shower-Separate, Tub-Separate, Walk-In Closet
  • Room 1: Foyer, Size: 19x12
  • Room 2: Study, Size: 17x15
  • Specialty Room: Bonus Room/Rec Room, Office/Study, Sun Room
  • Storage Space: Attic, Garage, Out Building W/Elec.
  • Master Bedroom: Y, Size: 19x17
  • Sun Room: Y, Size: 13x10
  • Bedroom 2: Y, Size: 17x13
  • Bedroom 3: Y, Size: 19x13
  • Bedroom 5: N
  • Breakfast Room: Y, Size: 15x14
  • Den: Y, Size: 17x13
  • Dining Room: Y, Size: 20x16
  • Fireplace: Masonry
  • Great Room: N
  • Kitchen: Y, Size: 13x12
  • Laundry Room: N
  • Living Room: Y, Size: 28x19
  • Number Of Fireplaces: 1
  • Number Of Stories: 2
  • Price Per Sq Ft: 136.28
  • Screened Porch: Y, Size: 21x9

Exterior Features

  • Driveway: Paved
  • Exterior Features: Porch-Front, Porch-Screened, Sprklr In Grnd-Full Yard
  • Foundation: Basement
  • Roof: Tile

Garage/Parking

  • Parking Type: Detached Garage

Utilities

  • Garbage Pickup: Public
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling System: Central Forced, Electric
  • Heating System: Electric, Forced Air, Natural Gas
  • Laundry: Basement

Schools

  • Elementary School: Pine St
  • Middle School: McCraken
  • High School: Spartanburg

Lot Info

  • Estimated Lot Dimensions: 147 x 247

Tax Info

  • Tax Year: 2018
  • Total Taxes: 6516.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2019
Closed on
Jul 14, 2020
Sold by
Jones David W and Jones Margie Ann
Bought by
Nichols Christopher T and Nichols Leslie F
Seller's Agent
C. Matthew Crider
Herlong Sotheby's International Realty
Buyer's Agent
NON MLS MEMBER
Non MLS
List Price
$899,302
Sold Price
$770,000
Premium/Discount to List
-$129,302
-14.38%
Current Estimated Value
$1,168,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,874
Avg. Annual Appreciation
8.14%
Original Mortgage
$510,000
Outstanding Balance
$456,457
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$693,118

Purchase Details

Closed on
Jun 26, 2014
Sold by
Jones David J and Jones Margie Ann
Bought by
Jones David W and Jones Margie Ann
Source: Public Records

Range of Values:

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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
Nichols Christopher T $770,000 None Available
Jones David W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Christopher T $117,573
Open Nichols Christopher T $510,000
Previous Owner Jones David W $100,000
Previous Owner Jones David W $655,641
Previous Owner Jones David W $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $770,000 -3.7% $138 / Sq Ft
03/20/2020 03/20/20 Price Changed $799,302 -11.1% $143 / Sq Ft
07/30/2019 07/30/19 For Sale $899,302 -- $161 / Sq Ft
Source: Greater Greenville Association of REALTORS®

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 $9,095 $35,420 $3,964 $31,456
2023 $9,095 $35,420 $3,964 $31,456
2022 $8,256 $30,800 $4,180 $26,620
2021 $8,256 $30,800 $4,180 $26,620
2020 $6,560 $24,521 $3,328 $21,193
2019 $6,516 $24,352 $3,185 $21,167
2018 $6,516 $24,352 $3,185 $21,167
2017 $5,763 $21,176 $3,484 $17,692
2016 $5,763 $21,176 $3,484 $17,692
2015 $5,516 $21,180 $3,484 $17,696
2014 $5,511 $21,180 $3,484 $17,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Greenville Association of REALTORS®

MLS Number: 1398352

Greater Greenville Association of REALTORS®

APN: 7-12-12-089.00