116 1st Street

Local assessors in Gaffney, SC have categorized 116 1st Street as a type of property. The home was built in 2001 and is 25 years old. The property's lot size has been calculated to be 6,098 square feet. This is a 100 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 116 1st Street has a total of 965 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is . The property was last sold in Feb 22, 2024 for $59,000. That's $61.14 per sqft. 116 1st Street was last assessed in 2023. The total value of the property was assessed at $2,060. Specifically, the land the property is located on was valued at $480. While improvements on the property were assessed at a total of $1,580. 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 $81,587. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.