tomo logo

$99,900

Beds
2
Baths
1.0
sq ft
847

551 W Main St, Pacolet, SC 29372

551 W Main St

Pacolet, SC 29372

  • 28 days on market
Motivated seller says "SELL" this conveniently located yet private 2 (possibly 3) BR home on 1 acre in Pacolet. Very good opportunity on this property that has been mostly renovated with new roof in 2021, HVAC in 2018, vinyl windows, and walk in handicap accessible shower. Also included is a very nice accessessory building that is wired, insulated, heated and cooled that the current owner uses as an art studio, but could be used as an office, storage, or simply upgraded and used as a rec room or hobby shop. This property is being sold as-is and will need a cash or mostly cash buyer. The home will need some structural work underneath as it has some water damage underneath that is fixable.

Details

Property type

Single Family Residence

Est. home value

$136,409

Lot size

1.00 acres

Price per sq ft

$118

Year built

1960

Annual property taxes

$45

Price History

08/16/2024
Spartanburg

Spartanburg #314681

Listed
$99,900
+20.36%
10/16/2020
Spartanburg

Spartanburg #271977

Sold
$83,000

Schools & Community

Elementary school: 

3-Pacolet Pr

Middle school: 

3-Pacolet Middle

High school: 

3-Broome High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Urban Financial Group

Loan start date

May 2010

Original loan amount

$81,000

Est. remaining balance

Not provided

Interest rate

5.21%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 77 year

Seller

Shirley Sims

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: 09/13/2024 at 12:55 PM

Listing updated: 08/22/2024 at 2:17 PM

Listed by: William Bowers, Bowers & Associates Phone #: (864) 489-9060

MLS: Spartanburg #314681

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