tomo logo

$429,900

Beds
4
Baths
2.5
sq ft
2,917

263 Fairlane Dr, Spartanburg, SC 29307

263 Fairlane Dr

Spartanburg, SC 29307

  • 87 days on market
    • Price drop $30,000↓
Welcome to your dream home in the well-established and sought-after neighborhood of Lakeforest Hills on the Eastside of Spartanburg, SC! This charming traditional brick home boasts an array of features that perfectly blend comfort, style, and functionality. Key Features: Spacious Living: This home offers 4 large bedrooms, providing ample space for your family and guests. Each bedroom includes generous walk-in closets/large closets ensuring plenty of storage and organization options. Modern Conveniences: Enjoy the convenience of a walk-in laundry room and a half bath on the main floor, designed to make daily chores effortless and efficient. Elegant Design: The home features 2 full bathrooms, beautifully appointed to offer a touch of luxury. The formal dining room is perfect for hosting dinner parties and special occasions. Flexible Spaces: An enclosed garage offers versatile potential—whether you need a workshop, home gym, or additional storage, this space can adapt to your needs. Additionally, there is an office/study or bonus room that can serve as a quiet workspace, library, or playroom. Upgraded Kitchen: The remodeled kitchen is a chef's delight, featuring modern appliances, stylish cabinetry, and ample counter space to inspire your culinary creations. Outdoor Oasis: Step outside to a large fenced-in backyard. The patio area is perfect for grilling and entertaining, providing a private retreat for outdoor gatherings. Comfort All Year Round: Stay comfortable with 2 new HVAC units, each backed by a 10-year warranty, ensuring reliable heating and cooling for years to come. Don't miss the opportunity to make this stunning home your own. Located in a prime neighborhood with a friendly community vibe, this property offers everything you need for comfortable and stylish living. Schedule a viewing today and experience the best of Lakeforest Hills.

Details

Property type

Single Family Residence

Est. home value

$400,929

Lot size

0.53 acres

Price per sq ft

$148

Year built

1972

Annual property taxes

$2,447

Monthly HOA fee

$5

Price History

06/06/2024
Spartanburg

Spartanburg #310158

Price change
$429,900
-6.52%
04/09/2024
Spartanburg

Spartanburg #310158

Listed
$459,900
+53.3%
05/21/2021
Spartanburg

Spartanburg #279333

Sold
$300,000

Schools & Community

Elementary school: 

7-Jesse Boyd

Middle school: 

Other

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

$185,040
Asking price
$429,900
Closing costs (~8% of asking)
-$34,392
Est. remaining loan balance
-$210,468
Cash to seller
$185,040

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

Seller’s Loan History

Lender

Ark-La-Tex Financial Services Llc

Loan start date

May 2021

Original loan amount

$225,000

Est. remaining balance

$210,468

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Christopher Ashley Marvel

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: 07/04/2024 at 11:45 PM

Listing updated: 06/06/2024 at 8:34 AM

Listed by: AUTUM WOOD, Better Homes & Gardens Young & Phone #: (864) 576-1000

MLS: Spartanburg #310158

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