tomo logo

$475,000

Beds
4
Baths
2.5
sq ft
3,136

205 Emory Rd, Spartanburg, SC 29307

205 Emory Rd

Spartanburg, SC 29307

  • 7 days on market
Great opportunity in Fernwood! Charming 4 BR, 2.5 BA home located in one of eastside Spartanburg’s most desirable neighborhoods. Excellent location close to District 7 schools, Hillcrest shopping center, downtown Spartanburg, and direct access to the Cottonwood Trail from within the neighborhood. Main floor features hardwood floors, foyer, living room w/ fireplace, den with fireplace & wet bar, large sunroom with built-in bookshelves, breakfast area, kitchen with island & barstool seating, half bathroom, & laundry. Also on the main level is the owners suite with full bathroom & large walk-in closet. Down the hall is the 2nd bedroom, which is perfect room for home office, nursery, kids room, etc. Second floor features 2 bedrooms, large hall bathroom, 20’ X 8’ recreation room, & walk-in attic for storage. Home offers nice outdoor space with brick patio opening into large fenced backyard. There's plenty of privacy in backyard and great space for kids to play, entertaining, etc. Lots of storage inside and additional storage building in backyard. Walk to the Cottonwood Trail! Don’t miss this opportunity in Fernwood!

Details

Property type

Single Family Residence

Est. home value

$364,854

Lot size

0.40 acres

Price per sq ft

$152

Year built

1964

Annual property taxes

$3,342

Price History

06/25/2024
Spartanburg

Spartanburg #312825

Listed
$475,000
+81.3%
09/04/2020
Spartanburg

Spartanburg #272995

Sold
$262,000

Schools & Community

Elementary school: 

7-Pine Street

Middle school: 

7-McCracken

High school: 

7-Spartanburg

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

$208,479
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$228,521
Cash to seller
$208,479

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

Seller’s Loan History

Lender

Park National Bank

Loan start date

September 2020

Original loan amount

$248,900

Est. remaining balance

$228,521

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Mallory J Edwards and James F 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: 07/02/2024 at 7:15 PM

Listing updated: 06/25/2024 at 3:08 PM

Listed by: Bryan A Pack, PACK AND COMPANY REAL ESTATE Phone #: (864) 574-2236

MLS: Spartanburg #312825

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