Check Availability

407 Forest Lane Drive

407 Forest Lane Drive, Gaffney, SC 29340
House in Cherokee
407 Forest Lane Drive has been categorized by the local assessors in Gaffney, SC as a type of property. The building on the property was first built in 1914 and is 112 years old. The building has a total of 200 stories. In addition, 407 Forest Lane Drive has 5,597 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 39,204 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Love to swim? You'll be excited to find out that there is a on the property. Moving on to the building itself. The condition of the building has been evaluated as . 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, 407 Forest Lane Drive sold most recently in Jan 1, 1970 for a total of $230,000. If you work out the math, that's approximately a cost of $41.09 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 $288,702 in taxes each year. 407 Forest Lane Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,420. If we break it down further, the land itself was valued at $720. Improvements to the property, however, were assessed at a total of $18,700. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Brick Exterior

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240309
03/09/2024
5 Bed
3.5 Bath
5597 ft²
$550,000
bedrooms
5 Bed
bathrooms
3.5 Bath
square feet
5597 ft²
-
-
John Wall, BIC
JOHN WALL & ASSOCIATES


Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 39,204
  • Total Building Area: 5,597
  • Building Area: 5,597
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 5,597
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000900
  • Standard Land Use Code: 1001
  • County Land Use Code: RIO
  • Legal Description 1: 407 FOREST LANE 14C 220 14C2 12V 675/P 12V 669 PER OBT, FULTON JR DIED 1/12/23 4% FOR FRANCES 2024TY

Neighborhood

  • School District Name: Cherokee County School District
  • School Tax School District: GF
  • Census Tract: 970601

Geography

  • Account Number: 025424-23-3
  • District: 10
  • Parcel: 082-11-00-043.001
  • Municipality: GAFFNEY
  • Latitude: 35.0576
  • Longitude: -81.6656

    Address

  • Full Address: 407 Forest Lane Dr
  • Address - House Number: 407
  • Address - Street Name: Forest Lane
  • Address - Suffix Type: Dr
  • State: SC
  • City Name: Gaffney
  • Carrier Code: C006
  • 4-Digit Zip Code: 2121
  • Zip Code: 29340

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $288,702
  • Tax Rate Code Area: 10

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 467,094
  • High Value: 656,269
  • Low Value: 277,918

    Market Valuation

  • Market Total Value: $494,300
  • Market Land Value: $18,000
  • Market Improvement Value: $476,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,420
  • Assessed Land Value: $720
  • Assessed Improvements Value: $18,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Jan 25, 1994
  • Current Sale Price:
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Gaffney



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 407 Forest Lane Drive located in?
The 407 Forest Lane Drive is a house located in the neighborhood of Cherokee in Gaffney, Gaffney.
What is the average sales price for listings in 407 Forest Lane Drive?
The average sales price for units in 407 Forest Lane Drive is $0 currently.