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$179,900

Beds
2
Baths
1.0
sq ft
1,016

525 N Fairview Ave, Spartanburg, SC 29303

525 N Fairview Ave

Spartanburg, SC 29303

  • 4 days on market
Charming 2-bedroom, 1-bathroom home nestled in Spartanburg's historic Beaumont Mill Village. This beautifully maintained bungalow offers a prime location near Downtown Spartanburg, Spartanburg Regional Hospital, Business I-85, and more. Step onto the inviting, expansive covered front porch, ideal for relaxing with a swing or rocking chairs. Inside, discover the timeless appeal of bead board walls, 9-foot ceilings, and oversized baseboards characteristic of historic homes. The spacious kitchen boasts ample cabinet space, with easy access to both the laundry room and a full bathroom. Home also has a NEW HVAC. Two generously sized bedrooms feature fresh paint and abundant storage. Outside, the backyard oasis includes a substantial deck, a serene zen garden path leading to the front yard, and a fenced, level yard perfect for pets to roam. Additional storage is available in the outbuilding, completing this delightful property.

Details

Property type

Single Family Residence

Est. home value

$170,218

Lot size

8,712 sq ft

Price per sq ft

$178

Year built

1910

Annual property taxes

$1,508

Price History

07/03/2024
Spartanburg

Spartanburg #313096

Listed
$179,900
+34.76%
09/07/2021
WesternUpstateMLS

WesternUpstateMLS #20241439

Sold
$133,500

Schools & Community

Neighborhood: 

Historic Beaumont Village

Elementary school: 

7-Drayton Mills Elementary

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

$49,782
Asking price
$179,900
Closing costs (~8% of asking)
-$14,392
Est. remaining loan balance
-$115,726
Cash to seller
$49,782

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

September 2021

Original loan amount

$123,500

Est. remaining balance

$115,726

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Nicholas Papala

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: 07/07/2024 at 4:05 PM

Listing updated: 07/03/2024 at 11:24 AM

Listed by: RUPESH PATEL, EXP REALTY, LLC Phone #: (864) 432-1820

MLS: Spartanburg #313096

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