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$290,000

Beds
3
Baths
1.0
sq ft
1,200

655 Palmetto St, Spartanburg, SC 29302

655 Palmetto St

Spartanburg, SC 29302

  • 157 days on market
    • Price drop $10,000↓
CONVERSE HEIGHTS BUNGALOW. Always in demand are Converse Heights bungalows and this one will not disappoint. Located on a great block on Palmetto Street, this 3 bedroom , one bath house has hardwood floors throughout except kitchen and bathroom. It features a wonderful front porch with new floor in 2023, an updated kitchen, a deck on the back, and best of all covered parking in the back with drive through from street to alley. Included are all appliances - washer and dryer are one year old and a new security system. Move in ready!!

Details

Property type

Single Family Residence

Est. home value

$256,944

Lot size

7,405 sq ft

Price per sq ft

$242

Year built

1930

Annual property taxes

$7,202

Price History

05/07/2024
Spartanburg

Spartanburg #307927

Price change
$290,000
-3.33%
01/30/2024
Spartanburg

Spartanburg #307927

Listed
$300,000
+22.45%
06/13/2022
Spartanburg

Spartanburg #290576

Sold
$245,000
+79.49%

Schools & Community

Neighborhood: 

Converse Heights

Elementary school: 

7-Pine Street

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

$164,179
Asking price
$290,000
Closing costs (~8% of asking)
-$23,200
Est. remaining loan balance
-$102,621
Cash to seller
$164,179

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 Finance Services Llc

Loan start date

January 2017

Original loan amount

$120,500

Est. remaining balance

$102,621

Interest rate

4.03%

Loan type

New Conventional, 30 year

Seller

Katherine B Menzer

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: 07/04/2024 at 11:05 PM

Listing updated: 06/28/2024 at 9:04 AM

Listed by: FRANCIE LITTLE, Coldwell Banker Caine Real Est Phone #: (864) 585-8713

MLS: Spartanburg #307927

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