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1437 Fernwood Glendale Road

1437 Fernwood Glendale Road, Spartanburg, SC 29307
Property in Spartanburg
Sold Oct 05, 2022
$1,850,000
$2,000,000 by Arthur State Bank
Mortgage Due Oct 03, 2027
Sold Nov 21, 2019
$715,000
$536,250 by Bankfinancial Fsb
Mortgage
Local assessors in Spartanburg, SC have categorized 1437 Fernwood Glendale Road as a residential type of property. The home was built in 1978 and is 46 years old. The property's lot size has been calculated to be 17,642 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 1,490 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a quadplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 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 1437 Fernwood Glendale Road has a total of 2,500 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B+. The building has a gable or hip style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 3, 2022 for $1,850,000. That's $740.00 per sqft. Prior to that sales transaction, the property was also sold in Oct 23, 2019 for $715,000. 1437 Fernwood Glendale Road was last assessed in 2023. The total value of the property was assessed at $14,190. Specifically, the land the property is located on was valued at $1,578. While improvements on the property were assessed at a total of $12,612. 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 $7,701. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B+
  • Construction Type: Wood
  • Building Style: Quadplex
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,642
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,490
  • Total Building Area: 2,500
  • Gross Building Area: 2,656
  • Building Area: 2,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,500
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FERNWOOD APARTMENT HOMES
  • Land Acres: 0.405
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: LOT 23 JACKSON S BURNETT-TRUSTEE SUR PB 81-964 PB 176-606

Ownership

  • Current Owner : EMG RESIDENTIAL LLC
  • Previous Owner : STONECREEK HOMES LLC
  • Owner Before Previous Owner: OAK TREE VENTURES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Spartanburg School District 7
  • School Tax School District: 940Z
  • Census Tract: 021303

Geography

  • Assessors Map Reference: 7133-59-5408.48
  • Parcel: 7-1303-00506
  • Lot: 23
  • Municipality: SPARTANBURG
  • Latitude: 34.9619
  • Longitude: -81.8827

    Address

  • Full Address: 1437 Fernwood Glendale Rd
  • Address - House Number: 1437
  • Address - Street Name: Fernwood Glendale
  • Address - Suffix Type: Rd
  • State: SC
  • City Name: Spartanburg
  • Carrier Code: C061
  • 4-Digit Zip Code: 3045
  • Zip Code: 29307

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,701

    Appraisal Valuation

  • Standard Deviation: 0.2258
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 68
  • Final Value: 350,006
  • High Value: 429,062
  • Low Value: 270,949

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: ARTHUR STATE BANK
  • First Open Lien Mortgage Recording Date: Oct 05, 2022
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 03, 2027

    Market Valuation

  • Market Total Value: $236,500
  • Market Land Value: $26,300
  • Market Improvement Value: $210,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,190
  • Assessed Land Value: $1,578
  • Assessed Improvements Value: $12,612

    Sales

  • Current Sale Contract Date: Oct 03, 2022
  • Current Sale Recording Date: Oct 05, 2022
  • Current Sale Transaction ID: 11896974879
  • Current Sale Price: $1,850,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 51109
  • Previous Sale Recording Date: Nov 21, 2019
  • Previous Sale Contract Date: Oct 23, 2019
  • Previous Sale Amount: $715,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARTHUR STATE BANK
  • First Mortgage Transaction Date: Oct 05, 2022
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 03, 2027

    Previous Mortgages

  • Previous Mortgage Lender: BANKFINANCIAL FSB
  • Previous Mortgage Transaction Date: Nov 21, 2019
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $536,250
  • Previous Mortgage Loan Type: Commercial

About Spartanburg



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Frequently Asked Questions

What neighborhood is 1437 Fernwood Glendale Road located in?
The 1437 Fernwood Glendale Road is a located in the neighborhood of Spartanburg in Spartanburg, Spartanburg.
What is the average sales price for listings in 1437 Fernwood Glendale Road?
The average sales price for units in 1437 Fernwood Glendale Road is $0 currently.

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