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156 North Homestead Drive

156 North Homestead Drive, Florence, SC 29501
Property in Florence
Sold Jun 03, 2013
$65,000
$65,000 by James R Hyman
Mortgage
156 North Homestead Drive has been categorized by the local assessors in Florence, SC as a residential type of property. The building on the property was first built in 1952 and is 72 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 156 North Homestead Drive has 800 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,920 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 11,520 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The building has a gable or hip style roof made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 156 North Homestead Drive sold most recently in May 31, 2013 for a total of $65,000. If you work out the math, that's approximately a cost of $81.25 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $261 in taxes each year. 156 North Homestead Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $2,299. If we break it down further, the land itself was valued at $600. Improvements to the property, however, were assessed at a total of $1,699. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,520
  • Lot Size Depth Feet: 1,920
  • Lot Size Frontage Feet: 600
  • Total Building Area: 800
  • Gross Building Area: 800
  • Building Area: 800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEST FLORENCE ANNEX #2
  • Land Acres: 0.264
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N HOMESTEAD DR

Ownership

  • Current Owner : POWELL GEORGE W
  • Previous Owner : HYMAN JAMES R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Florence School District 1
  • Census Tract: 001100

Zoning

  • Zoning: R3

Geography

  • Parcel: 90034-06-002
  • Municipality: FLORENCE
  • Latitude: 34.1976
  • Longitude: -79.7958

    Address

  • Full Address: 156 N Homestead Dr
  • Address - House Number: 156
  • Street Direction: N
  • Address - Street Name: Homestead
  • Address - Suffix Type: Dr
  • State: SC
  • City Name: Florence
  • Carrier Code: C036
  • 4-Digit Zip Code: 3338
  • Zip Code: 29501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $261
  • Tax Rate Code Area: 110

    Appraisal Valuation

  • Standard Deviation: 0.4783
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 4
  • Final Value: 230,923
  • High Value: 341,388
  • Low Value: 120,457

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $65,000
  • First Open Lien Mortgage Lender: JAMES R HYMAN
  • First Open Lien Mortgage Recording Date: Jun 03, 2013
  • First Open Lien Mortgage Loan Amount: $65,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $57,464
  • Market Land Value: $15,000
  • Market Improvement Value: $42,464

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,299
  • Assessed Land Value: $600
  • Assessed Improvements Value: $1,699

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 31, 2013
  • Current Sale Recording Date: Jun 03, 2013
  • Current Sale Transaction ID: 1088394763
  • Current Sale Price: $65,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JAMES R HYMAN
  • First Mortgage Transaction Date: Jun 03, 2013
  • First Mortgage Loan Amount: $65,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

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Frequently Asked Questions

What neighborhood is 156 North Homestead Drive located in?
The 156 North Homestead Drive is a located in the neighborhood of Florence in Florence, Florence.
What is the average sales price for listings in 156 North Homestead Drive?
The average sales price for units in 156 North Homestead Drive is $0 currently.

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