tomo logo

$275,000

Beds
4
Baths
2.5
sq ft
2,198

516 Silver Spoon Ln, Elgin, SC 29045

516 Silver Spoon Ln

Elgin, SC 29045

  • 151 days on market
    • Price drop $1,806↓
Welcome to 516 Silver Spoon Lane, a beautifully maintained two-story home nestled in Northeast Columbia. This spacious 2,198 square feet residence features 4 bedrooms and 2.5 bathrooms, making it perfect for families seeking comfort and charm.Step inside and discover an inviting layout, highlighted by a large master suite with his and hers closets, a luxurious soaking tub, a separate shower, and dual vanities, offering a true retreat. Garden lovers will appreciate the greenhouse, while the fully privacy-fenced yard is ideal for outdoor gatherings and relaxation. Recent updates include a new roof (2022), along with a new HVAC and water heater (2023), ensuring peace of mind for years to come. The kitchen shines with modern upgrades, including a new stainless steel refrigerator, dishwasher, and a new dish disposal.Conveniently located near interstates and a variety of shopping and dining options, this home is situated in a family-friendly neighborhood with a pool and playground for all to enjoy. Zoned for the highly-rated Bookman Road Elementary, Summit Middle, and Spring Valley High School, this property truly offers the perfect blend of comfort and convenience. Don't miss your chance to make this home your own! Schedule your private showing today! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Details

Property type

Single Family Residence

Est. home value

$270,761

Lot size

7,841 sq ft

Price per sq ft

$126

Year built

2007

Monthly HOA fee

$48.42

Price History

01/28/2025
ColumbiaSC

ColumbiaSC #594023

Price change
$275,000
-0.65%
12/07/2024
ColumbiaSC

ColumbiaSC #594023

Price change
$276,806
-1.77%
09/26/2024
ColumbiaSC

ColumbiaSC #594023

Listed
$281,806
+17.42%

Schools & Community

Elementary school: 

Bookman Road

Middle school: 

Summit

High school: 

Spring Valley

School district: 

Richland Two

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

$20,761
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$232,239
Cash to seller
$20,761

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

October 2022

Original loan amount

$239,999

Est. remaining balance

$232,239

Interest rate

5.55%

Loan type

VA, 30 year

Seller

Wayne Nelson and Jihan Nelson

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

New
ColumbiaSC
$265,000
4 bd
|
2.5 ba
|
1,910 sq ft
|
House

106 Harrington Ln, Columbia, SC 29223

Price drop
ColumbiaSC
$280,000
4 bd
|
2.5 ba
|
2,375 sq ft
|
House

575 Silver Spoon Ln, Elgin, SC 29045

ColumbiaSC
$280,000
4 bd
|
2.5 ba
|
2,122 sq ft
|
House

524 Fox Haven Dr, Columbia, SC 29229

Status: Active

Tomo last checked: 02/23/2025 at 11:15 PM

Listing updated: 01/28/2025 at 1:06 PM

Listed by: Ariana Greenway, BHHS Midlands Real Estate

MLS: ColumbiaSC #594023

ColumbiaSC logo

Recently listed in Elgin

$290,900|3 bd|2.5 ba|House
$300,000|3 bd|2.5 ba|House
$280,000|3 bd|2.5 ba|House
$335,000|4 bd|2.5 ba|House
$649,500|6 bd|5.0 ba|House
$350,000|5 bd|2.5 ba|House
$687,000|5 bd|4.5 ba|House
$648,900|5 bd|3.5 ba|House
$220,000|3 bd|2.5 ba|House