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131 Innkeeper Drive

131 Innkeeper Drive, Lexington, SC 29072
Commercial in Lexington
1 Units For Sale
Unit for sale at 0 Highway 378, Lexington, SC 29072

$1,200,000

  • Commercial
0 Highway 378, Lexington, SC 29072 Listing by Terry Bishop Jr

Local assessors in Lexington, SC have categorized 131 Innkeeper Drive as a commercial type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 95,832 square feet. If we look only at the heated or air conditioned part of the building, then 131 Innkeeper Drive has a total of 39,882 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 131 Innkeeper Drive was last sold in May 12, 2011 for $3,000,000. According to our calculations, that's $75.22 per sqft. Prior to that sales transaction, the property was sold for $3,025,000 in May 27, 2010. Current property owners are expected to pay $85,355 in taxes per year. The property on 131 Innkeeper Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $164,911. To break that down further, the land itself was valued at $24,289. While improvements to the property were assessed at a total of $140,622. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220803
08/03/2022
Loft
-
2500 ft²
$950,000
bedrooms
Loft
bathrooms
-
square feet
2500 ft²
-
-
-
W Rhett Kelly
Southern Visions Realty Inc
20200225
02/25/2020
Loft
-
-
$1,365,200
bedrooms
Loft
bathrooms
-
-
-
-
Shelley Metropol
Experienced Real Est Group LLC

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 95,832
  • Total Building Area: 39,882
  • Building Area: 39,882
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 39,882
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 2.2
  • Standard Land Use Code: Hotel
  • County Land Use Code: Timeshare (residential)
  • Legal Description 1: PT PARCEL C HOLIDAY INN EXPRESS

Ownership

  • Current Owner : REVA LLC
  • Previous Owner : COMM 2006-C8 INNKEEPER DRIVE LLC
  • Owner Before Previous Owner: LEXINGTON LODGING INC
  • Owner Before Previous Owner 2: PATEL BHARAT N
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lexington School District 1
  • Census Tract: 021031

Zoning

  • Zoning: GC

Geography

  • Assessors Map Reference: MB SLID:378 PG
  • Parcel: 004300-03-097
  • Municipality: TOWN LIMITS OF LEXINGTON
  • Latitude: 33.9952
  • Longitude: -81.2224

    Address

  • Full Address: 131 Innkeeper Dr
  • Address - House Number: 131
  • Address - Street Name: Innkeeper
  • Address - Suffix Type: Dr
  • State: SC
  • City Name: Lexington
  • Carrier Code: R033
  • 4-Digit Zip Code: 7405
  • Zip Code: 29072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $85,355
  • Tax Rate Code Area: 1L

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $9,800,000
  • First Open Lien Mortgage Lender: COASTAL CAROLINA NATIONAL BANK
  • First Open Lien Mortgage Recording Date: May 06, 2022
  • First Open Lien Mortgage Loan Amount: $9,800,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $2,748,523
  • Market Land Value: $404,816
  • Market Improvement Value: $2,343,707

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,911
  • Assessed Land Value: $24,289
  • Assessed Improvements Value: $140,622

    Sales

  • Current Sale Contract Date: May 12, 2011
  • Current Sale Recording Date: May 24, 2011
  • Current Sale Transaction ID: 11469025567
  • Current Sale Price: $3,000,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2011021072
  • Previous Sale Recording Date: Jun 16, 2010
  • Previous Sale Contract Date: May 27, 2010
  • Previous Sale Amount: $3,025,000
  • Previous Sale Document Type: Legal Action/Court Order

    Last Sale Mortgage

  • First Mortgage Lender: BUSINESS CAROLINA INC
  • First Mortgage Transaction Date: May 24, 2011
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Lexington



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 131 Innkeeper Drive located in?
The 131 Innkeeper Drive is a commercial located in the neighborhood of Lexington in Lexington, Lexington.
How many listings are currently for sale in 131 Innkeeper Drive?
There is a listing currently on the market for sale.
What is the average sales price for listings in 131 Innkeeper Drive?
The average sales price for units in 131 Innkeeper Drive is $1,200,000 currently.

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