tomo logo

$220,000

Beds
3
Baths
1.5
sq ft
1,348

118 Shoally St, Boiling Springs, SC 29316

118 Shoally St

Boiling Springs, SC 29316

  • 22 days on market
Freshly painted exterior and ready for new owners ****Boiling Springs Home, District 2 Schools*** This great starter home offers 3 bedrooms and 1.5 baths with a detached large 2 car garage, fenced back yard, covered back porch and large step-down den. Conveniently located near I-85 on a dead end street so no thru traffic. Assumable solar lease for just $85 a month and save on the increasing electric bill. Possible USDA financing. Priced to sell so come see this one before it is gone.

Details

Property type

Single Family Residence

Est. home value

$184,160

Lot size

0.31 acres

Price per sq ft

$164

Year built

1964

Annual property taxes

$953

Price History

08/27/2024
Spartanburg

Spartanburg #314952

Listed
$220,000
07/26/2024
Spartanburg

Spartanburg #313587

Removed
$220,000
07/17/2024
Spartanburg

Spartanburg #313587

Listed
$220,000
+83.49%

Schools & Community

Elementary school: 

2-Shoally Creek

Middle school: 

2-Rainbow Lake Middle School

High school: 

2-Boiling Springs

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

$94,512
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$107,888
Cash to seller
$94,512

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

Seller’s Loan History

Lender

Hancock Mortgage Partners Llc

Loan start date

August 2018

Original loan amount

$121,111

Est. remaining balance

$107,888

Interest rate

4.57%

Loan type

New Conventional, 30 year

Seller

Jacop R Hoxit and Shannon E Hoxit

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?

Similar Homes Nearby

Spartanburg
$230,000
3 bd
|
1.5 ba
|
1,150 sq ft
|
House

1020 Springdale Cir, Boiling Springs, SC 29316

Price drop
Spartanburg
$220,000
3 bd
|
1.5 ba
|
1,270 sq ft
|
House

766 Kenmore Dr, Spartanburg, SC 29303

Price drop
Spartanburg
$240,000
3 bd
|
1 ba
|
1,690 sq ft
|
House

111 Basin Dr, Boiling Springs, SC 29316

Status: Active

Tomo last checked: 09/18/2024 at 12:50 AM

Listing updated: 09/02/2024 at 9:27 AM

Listed by: Sherry L Thomas, Realty One Group Freedom Phone #: (864) 520-1900

MLS: Spartanburg #314952

Spartanburg logo

Recently listed in Boiling Springs