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491 Gorham Drive

491 Gorham Drive, Boiling Springs, SC 29316
House in Spartanburg
Sold Dec 14, 2020
$390,000
$280,000 by Park National Bank
Mortgage Due Jan 01, 2051
Sold Jan 15, 2019
$350,000
$200,000 by Fairway Independent Mortgage C
Mortgage Due Feb 01, 2049
Local assessors in Boiling Springs, SC have categorized 491 Gorham Drive as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 21,649 square feet. 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, 5 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 2 full bathrooms. There are also 3 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 491 Gorham Drive has a total of 3,347 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. 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 brick 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 brick 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. 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, 491 Gorham Drive sold most recently in Dec 11, 2020 for a total of $390,000. If you work out the math, that's approximately a cost of $116.52 per sqft. Before that, the property was also sold for $350,000 in Jan 10, 2019. 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 $2,928 in taxes each year. 491 Gorham Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,940. If we break it down further, the land itself was valued at $2,477. Improvements to the property, however, were assessed at a total of $15,463. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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 Venner Exterior

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Building Quality: B+
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • 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: Tile
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,649
  • Total Building Area: 3,347
  • Gross Building Area: 4,187
  • Building Area: 3,347
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,347
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STERLING EST
  • Land Acres: 0.497
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 422 STERLING EST PH 5 PB 172-273-274

Ownership

  • Current Owner : YOUNG KEVIN P
  • Current Owner 2: YOUNG MELINDA S
  • Previous Owner : BENDER RICHARD E
  • Previous Owner 2: BENDER LISA M
  • Owner Before Previous Owner: ESSEX HOMES SOUTHEAST INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Spartanburg School District 2
  • School Tax School District: 2F00
  • School Tax District Code 2: BSF
  • Census Tract: 022406

Geography

  • Subdivision Phase Number: 5
  • Parcel: 2-4400-04164
  • Lot: 422
  • Municipality: BOILING SPRINGS
  • Latitude: 35.0361
  • Longitude: -81.9613

    Address

  • Full Address: 491 Gorham Dr
  • Address - House Number: 491
  • Address - Street Name: Gorham
  • Address - Suffix Type: Dr
  • State: SC
  • City Name: Boiling Springs
  • Carrier Code: R008
  • 4-Digit Zip Code: 5664
  • Zip Code: 29316

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,928

    Appraisal Valuation

  • Standard Deviation: 0.2446
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 65
  • Final Value: 510,971
  • High Value: 635,990
  • Low Value: 385,952

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: PARK NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Dec 14, 2020
  • First Open Lien Mortgage Loan Amount: $280,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $473,600
  • Market Land Value: $65,400
  • Market Improvement Value: $408,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,940
  • Assessed Land Value: $2,477
  • Assessed Improvements Value: $15,463

    Sales

  • Current Sale Contract Date: Dec 11, 2020
  • Current Sale Recording Date: Dec 14, 2020
  • Current Sale Transaction ID: 11807428596
  • Current Sale Price: $390,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020-57731
  • Previous Sale Recording Date: Jan 15, 2019
  • Previous Sale Contract Date: Jan 10, 2019
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARK NATIONAL BANK
  • First Mortgage Transaction Date: Dec 14, 2020
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Jan 15, 2019
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2049

About Boiling Springs



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 491 Gorham Drive located in?
The 491 Gorham Drive is a house located in the neighborhood of Spartanburg in Boiling Springs, Boiling Springs.
What is the average sales price for listings in 491 Gorham Drive?
The average sales price for units in 491 Gorham Drive is $374,500 currently.

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