tomo logo

$375,000

Beds
5
Baths
3.0
sq ft
3,197

12300 Indian Mound Rd, Ware Shoals, SC 29692

12300 Indian Mound Rd

Ware Shoals, SC 29692

  • 109 days on market
    • Price drop $9,500↓
Step back in time and experience the architectural character of this Victorian-style home, completed around 1905. This historical gem sits on 3.2 acres in rural Laurens County, SC. The home boasts a classic wrap-around front porch (section screened) to enjoy the southern charm. 5 bedrooms, with the primary bedroom and bath on the main level. Entry Hallway features the original staircase. The formal dining room and family room are both off the grand hallway. The large eat-in kitchen includes a fireplace, quartz countertops, ample cabinets as well as a large entry area just off covered carport. Second full bath conveniently located on main level. 4 spacious bedrooms on the 2nd level and bath with original clawfoot tub. Aside from a primary residence this property opens a myriad of business possibilities. The plan/design is one of Sears, Roebuck & Co. as well as one of the first homes in the area to have electricity (via the DELCO Wet Cell Battery System). In the early 1900's this property included well over a thousand acres. Whether you are looking to establish a Bed and Breakfast or AirBNB property this provides ample space and historical significance for a ‘unique’ venture...located amid the rich history of ‘Daniel’s Store’ aka ‘The Beehive’… general store was built and operating prior to the Civil War. In 1878, James Martin purchased the store and his descendants continued to operate the ‘Beehive’ for 119 years. This home, located across from the General Store, was built by a member of the Martin Family and remained a family residence until the late 1900’s. The home sells “AS IS”. Come and tour! Don’t miss the opportunity for this historical gem to be your home or new business ‘venture’!

Details

Property type

Single Family Residence

Est. home value

$427,562

Lot size

3.20 acres

Price per sq ft

$118

Year built

1905

Price History

09/06/2024
WesternUpstateMLS

WesternUpstateMLS #20275082

Price change
$375,000
-2.47%
06/11/2024
WesternUpstateMLS

WesternUpstateMLS #20275082

Price change
$384,500
-3.75%
05/21/2024
WesternUpstateMLS

WesternUpstateMLS #20275082

Listed
$399,500
+59.8%

Schools & Community

Elementary school: 

Ware Shoals Elementary

Middle school: 

Ware Shoals Middle

High school: 

Ware Shoals High School

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

$164,487
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$180,513
Cash to seller
$164,487

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

Seller’s Loan History

Lender

Agsouth Farm Credit Aca

Loan start date

July 2019

Original loan amount

$200,000

Est. remaining balance

$180,513

Interest rate

3.99%

Loan type

New Conventional, 30 year

Seller

Jack Alan Wilson Jr and Barbara J Wilson

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: 09/07/2024 at 11:35 PM

Listing updated: 09/06/2024 at 10:28 AM

Listed by: Robin Smith, BHHS C Dan Joyner - Anderson Phone #: (864) 226-8100

MLS: WesternUpstateMLS #20275082

WesternUpstateMLS logo

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