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113 Fair Ridge Way

113 Fair Ridge Way, Lyman, SC 29365
Property in Spartanburg
Sold Dec 07, 2020
$225,000
$227,272 by Mortgage Equity Partners Llc
Mortgage Due Jan 01, 2051
Sold Apr 03, 2001
$151,500
113 Fair Ridge Way in Lyman, SC was first built in 1994 and is 30 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 113 Fair Ridge Way has 2,282 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 300 ft and the linear feet between the front and back of the lot is 2,390. In total, the area measurement of the land is 19,166 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. Water for the property is sourced from a municipal system. For those who need parking, there is a attached garage. The garage is 456 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Dec 3, 2020 for $225,000. That's $98.60 per sqft. Prior to that sales transaction, the property was also sold in Mar 29, 2001 for $151,500. 113 Fair Ridge Way was last assessed in 2023. The total value of the property was assessed at $10,750. Specifically, the land the property is located on was valued at $1,977. While improvements on the property were assessed at a total of $8,773. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,293. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 456
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,166
  • Lot Size Depth Feet: 2,390
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,282
  • Gross Building Area: 3,124
  • Building Area: 2,282
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,282
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE RIDGES SUBDIVISION
  • Land Acres: 0.44
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 THE RIDGES SUBDIVISION PB 117-630-A PB 150-27

Ownership

  • Current Owner : WYATT KEVIN R
  • Previous Owner : STOKES MICHAEL A
  • Previous Owner 2: STOKES STACY M
  • Owner Before Previous Owner: MAHAFFEY CARRIE V
  • Owner Before Previous Owner 2: DAVIS CARRIE V
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Spartanburg School District 5
  • School Tax School District: 5D0G
  • School Tax District Code 2: TRF
  • Census Tract: 023104

Geography

  • Assessors Map Reference: 6163-52-5302.14
  • Parcel: 5-2004-00400
  • Lot: 7
  • Municipality: LYMAN
  • Latitude: 34.9404
  • Longitude: -82.1161

    Address

  • Full Address: 113 Fair Ridge Way
  • Address - House Number: 113
  • Address - Street Name: Fair Ridge
  • Address - Suffix Type: Way
  • State: SC
  • City Name: Lyman
  • Carrier Code: C001
  • 4-Digit Zip Code: 1729
  • Zip Code: 29365

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,293

    Appraisal Valuation

  • Standard Deviation: 0.2512
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 64
  • Final Value: 331,984
  • High Value: 415,380
  • Low Value: 248,588

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $227,272
  • First Open Lien Mortgage Lender: MORTGAGE EQUITY PARTNERS LLC
  • First Open Lien Mortgage Recording Date: Dec 07, 2020
  • First Open Lien Mortgage Loan Amount: $227,272
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $300,700
  • Market Land Value: $55,300
  • Market Improvement Value: $245,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,750
  • Assessed Land Value: $1,977
  • Assessed Improvements Value: $8,773

    Sales

  • Current Sale Contract Date: Dec 03, 2020
  • Current Sale Recording Date: Dec 07, 2020
  • Current Sale Transaction ID: 11806445961
  • Current Sale Price: $225,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020-56434
  • Previous Sale Recording Date: Apr 03, 2001
  • Previous Sale Contract Date: Mar 29, 2001
  • Previous Sale Amount: $151,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE EQUITY PARTNERS LLC
  • First Mortgage Transaction Date: Dec 07, 2020
  • First Mortgage Loan Amount: $227,272
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About Lyman



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Frequently Asked Questions

What neighborhood is 113 Fair Ridge Way located in?
The 113 Fair Ridge Way is a located in the neighborhood of Spartanburg in Lyman, Lyman.
What is the average sales price for listings in 113 Fair Ridge Way?
The average sales price for units in 113 Fair Ridge Way is $0 currently.

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