tomo logo

$699,000

Beds
5
Baths
4.5
sq ft
Unknown

116 Cherokee Cir, Anderson, SC 29621

116 Cherokee Cir

Anderson, SC 29621

  • 125 days on market
    • Price drop $50,000↓
1960's glam finished with the essential modern updates are evident when you arrive at this Revival style home. Past the stately columns expect to find multiple covered porches; complete with haint ceilings and a traditional interior floorplan. Cherokee Woods is an established cul de sac style non HOA neighborhood and conveniently located to all Anderson School District 5 schools, health care facilities and downtown social amenities. Guests will love driving up to front door parking and paved areas where all then leads to private side entry garage. Dine el fresco on the backyard covered porch while overlooking the fenced backyard complete with paved paths and a back to nature landscaping. The description "oversized" rooms is evident from the moment of your arrival into the slate tiled foyer. Your eyes will instantly be drawn from room to room, starting with the music room and moving along to the sunroom; currently being used as a breakfast area. ~400+ square foot living room with its soaring ceilings, detailed trim, gas log fireplace and wet bar area. Welcoming kitchen area with stainless appliances (Subzero refrigerator); popular natural gas cooktop with exhaust hood, quartz countertops with bar seating and ceiling height cabinetry. Gathering for a meal is made easy whether informally in kitchen or breakfast areas or formally in the separate dining room. Walk into the mudroom and its laundry area from garage and here you will find a cozy and quite separate office/flex room. As you walk the main living area you will notice the guest 1/2 bath, crown molding finishes, hardwood flooring and plantation shutters. Main level owners suite is truly a one of a kind oasis. From the grand gas log fireplace to the double sink vanities, soaking tub and walk in shower and closet. Upstairs holds four (4) additional and tremendous sized bedrooms. Two of these bedrooms share a "jack and jill" style full bath and two bedrooms have their own private baths. Property also provides to it its new owners an invisible fence pet containment system, power generator, yard irrigation (sourced by its own private well) and two (2) water heaters. For the water enthusiasts Lakes Hartwell, Keowee and Broadway are all a short drive away.

Details

Property type

Single Family Residence

Est. home value

$599,319

Lot size

0.86 acres

Price per sq ft

Unknown

Year built

1967

Annual property taxes

$3,467

HOA

No

Price History

08/20/2024
WesternUpstateMLS

WesternUpstateMLS #20278549

Listed
$699,000
-19.66%
02/27/2024
WesternUpstateMLS

WesternUpstateMLS #20270413

Removed
$870,000
01/19/2024
WesternUpstateMLS

WesternUpstateMLS #20270413

Listed
$870,000
+117.5%

Schools & Community

Elementary school: 

Concord Elem

Middle school: 

Mccants Middle

High school: 

Tl Hanna High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$369,398
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$273,682
Cash to seller
$369,398

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

November 2017

Original loan amount

$320,000

Est. remaining balance

$273,682

Interest rate

3.83%

Loan type

New Conventional, 30 year

Seller

Walter F Scott Jr and Delellis H Scott Jr

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 11:20 AM

Listing updated: 12/04/2024 at 10:45 AM

Listed by: Rhonda Collins, Western Upstate Keller William Phone #: (864) 225-8006

MLS: WesternUpstateMLS #20278549

WesternUpstateMLS logo

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