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508 Franklin Asberry Lane

508 Franklin Asberry Lane, Inman, SC 29349
Property in Spartanburg
Sold Mar 07, 2016
$94,900
$97,583 by Ark-la-tex Financial Services
Mortgage Due Mar 01, 2046
Sold Nov 20, 2015
$74,000
508 Franklin Asberry Lane in Inman, SC was first built in 2006 and is 18 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 508 Franklin Asberry Lane has 1,062 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. The linear feet across the front of the lot is 760 ft and the linear feet between the front and back of the lot is 980. In total, the area measurement of the land is 6,098 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 312 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 brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with electricity. 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, 508 Franklin Asberry Lane sold most recently in Mar 4, 2016 for a total of $94,900. If you work out the math, that's approximately a cost of $89.36 per sqft. Before that, the property was also sold for $74,000 in Nov 19, 2015. 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 $1,308 in taxes each year. 508 Franklin Asberry Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,115. If we break it down further, the land itself was valued at $711. Improvements to the property, however, were assessed at a total of $4,404. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Brick
  • Building Style: Other
  • 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: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 312
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 980
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,062
  • Gross Building Area: 1,574
  • Building Area: 1,062
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,062
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BLACKWOOD KNOLL
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 28 BLACKWELL KNOLL PB 153-165 PB 155-333

Ownership

  • Current Owner : GONZALES MIGUEL O
  • Current Owner 2: GONZALES PATRICIA
  • Previous Owner : GERALD R GLUR REAL ESTATE INC
  • Owner Before Previous Owner: SPARKS CYNTHIA D
  • Owner Before Previous Owner 2: SPARKS II JEFFREY D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Spartanburg School District 1
  • School Tax School District: 020E
  • Census Tract: 022902

Geography

  • Assessors Map Reference: 6176-46-4116.87
  • Parcel: 1-4400-07031
  • Lot: 28
  • Municipality: INMAN
  • Latitude: 35.0336
  • Longitude: -82.0875

    Address

  • Full Address: 508 Franklin Asberry Ln
  • Address - House Number: 508
  • Address - Street Name: Franklin Asberry
  • Address - Suffix Type: Ln
  • State: SC
  • City Name: Inman
  • Carrier Code: R014
  • 4-Digit Zip Code: 4915
  • Zip Code: 29349

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,308

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 63
  • Final Value: 107,190
  • High Value: 126,947
  • Low Value: 87,432

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $97,583
  • First Open Lien Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Mar 07, 2016
  • First Open Lien Mortgage Loan Amount: $97,583
  • 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: Mar 01, 2046

    Market Valuation

  • Market Total Value: $163,300
  • Market Land Value: $22,700
  • Market Improvement Value: $140,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,115
  • Assessed Land Value: $711
  • Assessed Improvements Value: $4,404

    Sales

  • Current Sale Contract Date: Mar 04, 2016
  • Current Sale Recording Date: Mar 07, 2016
  • Current Sale Transaction ID: 1506920216
  • Current Sale Price: $94,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201609236
  • Previous Sale Recording Date: Nov 20, 2015
  • Previous Sale Contract Date: Nov 19, 2015
  • Previous Sale Amount: $74,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Mortgage Transaction Date: Mar 07, 2016
  • First Mortgage Loan Amount: $97,583
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2046

About Inman



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Frequently Asked Questions

What neighborhood is 508 Franklin Asberry Lane located in?
The 508 Franklin Asberry Lane is a located in the neighborhood of Spartanburg in Inman, Inman.
What is the average sales price for listings in 508 Franklin Asberry Lane?
The average sales price for units in 508 Franklin Asberry Lane is $0 currently.

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