NOT LISTED FOR SALE

7228 Hancock Rd Lancaster, SC 29720

Estimated Value: $143,000 - $368,000

2 Beds
1 Bath
1,558 Sq Ft
$165/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $62,300 $40 Per Sq Ft

Est. 312% increase in value since last sale

Current estimated payment $1,498/month

28 Days on Market

Highlights

  • Traditional Architecture
  • Outdoor Fireplace
  • Brick Driveway
  • Van Wyck Elementary School Rated A-
  • 1-Story Property
  • Carpet

About This Home

As of August 2018

Seeking opportunity w/lots of upside potential? This is it. Investor, builder, handyman special. Sold as is...fixer upper for resale, rental, or occupy. Lots of possibilities w/brick house on 1 acre of land in booming Lancaster County. Potential as 3BR/2BA but listed as 2/1 due to some fire damage in MBR and bathroom; also one room needs closet added to qualify as bedroom. Low SC taxes but convenient to Waxhaw (3 miles to town center), Indian Land (4 miles), Ballantyne (about 10 miles), and town of Lancaster (about 15 miles). Across the street from the expanding Walnut Creek Subdivision. Large private lot w/ mature trees, expansive front yard,
and private, peaceful backyard. Large cement driveway leads from front of property to back with oversize 2 car 30x25 brick garage. Work needed throughout but offered at wholesale price so new owner can realize
significant potential equity after repairs. Not eligible for FHA financing. Need to act quickly on this rare opportunity.

Last Agent to Sell the Property

Lauren Pierce

I Save Realty License #84274 Listed on: 07/23/2018

Last Buyer's Agent

Galina Iancu

EXP Realty LLC Ballantyne License #293972

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 1

Parking

  • Brick Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Fireplace
  • Crawl Space

Flooring

  • Carpet
  • Laminate
  • Vinyl

Additional Features

  • Outdoor Fireplace
  • Well

Listing and Financial Details

  • Assessor Parcel Number 0015-00-026.03

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.89127
  • Ratio Close Price By Original Li: 0.62362
  • Ratio Current Price By Acre: 62300.00
  • Ratio Current Price By Sq Ft: 39.99
  • Year Built: 1975
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space, Pier & Beam
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Dishwasher, Electric Range, Electric Oven
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Vinyl
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1558
  • Total Sq Ft: 1558

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Outdoor Fireplace
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Brick, Concrete
  • Parking: Detached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 98x110x158x258x216
  • Lot Size Area: 1.000
  • Parcel Number: 0015-00-026.03
  • Zoning Specification: R30

Tax Info

  • Tax Value: 95700.00
  • Tax Location: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Aug 29, 2018
Sold by
Bedrock Properties Group Llc
Bought by
Unchikov Aleksandr Vladimirovich
Seller's Agent
Lauren Pierce
I Save Realty
Buyer's Agent
Galina Iancu
EXP Realty LLC Ballantyne
List Price
$99,900
Sold Price
$62,300
Premium/Discount to List
-$37,600
-37.64%
Current Estimated Value
$256,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,208
Avg. Annual Appreciation
21.85%
Original Mortgage
$45,000
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 23, 2018
Closed on
Jul 12, 2018
Sold by
Woodman Gail A and Burek John P
Bought by
Bedrock Properties Group Llc
Seller's Agent
Lauren Pierce
I Save Realty
Buyer's Agent
Galina Iancu
EXP Realty LLC Ballantyne
List Price
$99,900
Sold Price
$62,300
Premium/Discount to List
-$37,600
-37.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 26, 2013
Sold by
Woodman Gail A and Burke John P
Bought by
Keefe Michael David O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
4.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 24, 2010
Sold by
Beneficial Mortgage Co Of South Carolina
Bought by
Woodman Gail A and Burke John P

Purchase Details

Closed on
Jun 18, 2010
Sold by
Craig Willie and Beneficial Financial I Inc
Bought by
Beneficial Mortgage Co Of South Carolina
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 Buyer Sale Price Title Company
Unchikov Aleksandr Vladimirovich $62,300 None Available
Bedrock Properties Group Llc $39,000 None Available
Keefe Michael David O $35,000 --
Woodman Gail A $40,100 --
Beneficial Mortgage Co Of South Carolina $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bedrock Properties Group Llc $45,000
Previous Owner Keefe Michael David O $34,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2018 08/29/18 Sold $62,300 -10.9% $40 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
08/08/2018 08/08/18 Price Changed $69,900 -12.5% $45 / Sq Ft
08/02/2018 08/02/18 Price Changed $79,900 -5.9% $51 / Sq Ft
07/27/2018 07/27/18 Price Changed $84,900 -15.0% $54 / Sq Ft
07/23/2018 07/23/18 For Sale $99,900 -- $64 / Sq Ft
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 $1,838 $4,644 $1,500 $3,144
2023 $1,798 $4,644 $1,500 $3,144
2022 $1,680 $4,644 $1,500 $3,144
2021 $1,657 $4,644 $1,500 $3,144
2020 $1,485 $4,116 $1,500 $2,616
2019 $1,393 $4,116 $1,500 $2,616
2018 $1,868 $5,742 $1,500 $4,242
2017 $1,903 $0 $0 $0
2016 $1,805 $0 $0 $0
2015 $1,656 $0 $0 $0
2014 $1,656 $0 $0 $0
2013 $1,656 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3416237

Canopy MLS (Canopy Realtor® Association)

APN: 0015-00-026.03