tomo logo

$399,900

Beds
4
Baths
2.5
sq ft
3,065

263 Fairlane Dr, Spartanburg, SC 29307

263 Fairlane Dr

Spartanburg, SC 29307

  • <1 day on market
Nestled in the well-established Lakeforest Hills community of Spartanburg, this charming 4-bedroom, 2.5-bath traditional brick home offers both space and character on a generous lot just over half an acre. Boasting an updated furnace, HVAC system, and a modernized kitchen, this two-story residence is move-in ready with room to make it your own. Inside, you'll find a thoughtfully designed layout featuring an office/flex space, as well as a versatile recreation room on the lower level – perfect for a home gym or extra storage. The spacious bedrooms offer comfort for everyone, while the classic details throughout the home evoke timeless appeal. The fenced-in backyard provides privacy and plenty of space for outdoor gatherings or pets to roam freely. A large carport adds convenience and additional covered parking. Situated in a desirable neighborhood, this home is a rare find offering both updates and traditional charm. Don’t miss the opportunity to make it yours!

Details

Property type

Single Family Residence

Est. home value

$400,929

Lot size

0.53 acres

Price per sq ft

$131

Year built

1972

Annual property taxes

$2,702

Monthly HOA fee

$2.08

Price History

02/21/2025
Spartanburg

Spartanburg #320385

Listed
$399,900
-1.23%
10/10/2024
Spartanburg

Spartanburg #310158

Removed
$404,900
08/22/2024
Spartanburg

Spartanburg #310158

Price change
$404,900
-5.82%

Schools & Community

Elementary school: 

7-Jesse Boyd

Middle school: 

7-McCracken

High school: 

7-Spartanburg

High school district: 

7

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

$160,774
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$207,134
Cash to seller
$160,774

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

$207,134

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?

Status: Active

Tomo last checked: 02/22/2025 at 5:35 AM

Listing updated: 02/21/2025 at 8:09 PM

Listed by: SAVANNAH BLANKENSHIP, Keller Williams Realty Phone #: (864) 574-6000

MLS: Spartanburg #320385

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