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5040 Redwood Grove Trail

5040 Redwood Grove Trail, Lancaster, SC 29720
Property in Lancaster
Sold Jun 28, 2018
$255,000
$30,000 by Eagle Home Mortgage Llc
Mortgage Due Jun 01, 2048
5040 Redwood Grove Trail in Lancaster, SC was first built in 2018 and is 6 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5040 Redwood Grove Trail has 1,558 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of composition shingle. For those who need parking, there is a garage. The garage is 399 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B+. The condition of the building has been evaluated as average. 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, 5040 Redwood Grove Trail sold most recently in Apr 6, 2018 for a total of $255,000. If you work out the math, that's approximately a cost of $163.67 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 $1,475 in taxes each year. 5040 Redwood Grove Trail was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $10,704. If we break it down further, the land itself was valued at $3,000. Improvements to the property, however, were assessed at a total of $7,704. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B+
  • Construction Type: Wood
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 399
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,558
  • Gross Building Area: 2,315
  • Building Area: 1,558
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,558
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TREE TOPS PHASE 1A
  • Land Acres: 1
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MICHAEL VALERIE FAITH
  • Previous Owner : LENNAR CAROLINAS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lancaster County School District
  • Census Tract: 011209

Zoning

  • Zoning: MDR

Geography

  • Assessors Map Reference: PM 2016 / 530
  • Account Number: 94270
  • Parcel: 0019J-0A-098.00
  • Block: 98
  • Lot: 98
  • Municipality: LANCASTER COUNTY
  • Latitude: 34.896
  • Longitude: -80.8417

    Address

  • Full Address: 5040 Redwood Grove Trl
  • Address - House Number: 5040
  • Address - Street Name: Redwood Grove
  • Address - Suffix Type: Trl
  • State: SC
  • City Name: Lancaster
  • Carrier Code: R022
  • 4-Digit Zip Code: 0103
  • Zip Code: 29720

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,475

    Appraisal Valuation

  • Standard Deviation: 0.2063
  • Valuation Date: Apr 05, 2023
  • Confidence Score: 72
  • Final Value: 428,402
  • High Value: 516,806
  • Low Value: 339,998

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $30,000
  • First Open Lien Mortgage Lender: EAGLE HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 28, 2018
  • First Open Lien Mortgage Loan Amount: $30,000
  • 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: Jun 01, 2048

    Market Valuation

  • Market Total Value: $267,600
  • Market Land Value: $75,000
  • Market Improvement Value: $192,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,704
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $7,704

    Sales

  • Current Sale Contract Date: Apr 06, 2018
  • Current Sale Recording Date: Jun 28, 2018
  • Current Sale Transaction ID: 11476936984
  • Current Sale Price: $255,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018009231

    Last Sale Mortgage

  • First Mortgage Lender: EAGLE HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 28, 2018
  • First Mortgage Loan Amount: $30,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2048

About Lancaster



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Frequently Asked Questions

What neighborhood is 5040 Redwood Grove Trail located in?
The 5040 Redwood Grove Trail is a located in the neighborhood of Lancaster in Lancaster, Lancaster.
What is the average sales price for listings in 5040 Redwood Grove Trail?
The average sales price for units in 5040 Redwood Grove Trail is $0 currently.

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