tomo logo

$270,761Estimated home value

Beds
4
Baths
2.5
sq ft
2,198

516 Silver Spoon Ln, Elgin, SC 29045

516 Silver Spoon Ln

Elgin, SC 29045

  • Sold On 11/29/2022
Come see this charming home now on the market! Enjoy preparing meals in this impressive kitchen equipped with ample cabinets and generous counter space. Discover a bright interior with neutral tile floors and plush carpet in all the right places. The main bedroom boasts a private en-suite. Other bedrooms offer plush carpet, and ceiling fans. Entertain on the covered back patio, perfect for barbecues. Don't wait! Make this beautiful home yours today.

Details

Property type

Single Family Residence

Est. home value

$270,761

Lot size

7,841 sq ft

Price per sq ft

$111

Year built

2007

Price History

04/01/2025
ColumbiaSC

ColumbiaSC #594023

Removed
$275,000
01/28/2025
ColumbiaSC

ColumbiaSC #594023

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

ColumbiaSC #594023

Price change
$276,806
-1.77%

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

-$9,303
Asking price
$242,000
Closing costs (~8% of asking)
-$19,360
Est. remaining loan balance
-$231,943
Cash to seller
-$9,303

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

$231,943

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

Pending
ColumbiaSC
$265,000
3 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

Price drop
ColumbiaSC
$269,900
4 bd
|
2.5 ba
|
2,122 sq ft
|
House

524 Fox Haven Dr, Columbia, SC 29229

Status: Off Market

Tomo last checked: 04/03/2025 at 12:30 AM

Listing updated: 11/29/2022 at 5:32 PM

Listed by: Thomas Shoupe, OpenDoor Brokerage LLC

MLS: ColumbiaSC #548503

ColumbiaSC logo

Recently listed in Elgin

$550,000|4 bd|3.5 ba|House
$525,000|3 bd|3.0 ba|House
$295,000|3 bd|2.0 ba|House
$394,090|4 bd|2.5 ba|House
$326,585|4 bd|3.0 ba|House
$334,760|5 bd|4.0 ba|House
$618,999|5 bd|4.0 ba|House
$289,900|3 bd|2.0 ba|House
$300,000|4 bd|2.5 ba|House