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5516 Lake Shore Drive

5516 Lake Shore Drive, Columbia, SC 29206
1 Units For Sale
Unit for sale at 5516 Lakeshore Drive 505, Columbia, SC 29206-4950

$134,500 ↓ $3K

  • Loft
  • 2 Baths
  • 1,100 ft²
5516 Lakeshore Drive 505, Columbia, SC 29206-4950 Listing by Carter Weston

Local assessors in Columbia, SC have categorized 5516 Lake Shore Drive as a residential type of property. The home was built in 1968 and is 56 years old. The property's lot size has been calculated to be 1,300 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. 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, 2 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5516 Lake Shore Drive has a total of 110,783 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. In addition, there is a both a pool and a spa on the property. Perfect for those who want to host pool parties over the summer. 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 frame 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 - C-. The building has a gable or hip style roof that was made of composition shingle. Lots of masonry 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 forced air unit is the primary heating source and it is being fueled with electricity. 5516 Lake Shore Drive was last assessed in 2023. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $0. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220530
05/30/2022
1 Bed
1 Bath
760 ft²
$89,500
bedrooms
1 Bed
bathrooms
1 Bath
square feet
760 ft²
-
-
-
Kyla Bailey
Better Homes and Gardens Real Est Medley

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Masonry
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 112
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 1,300
  • Total Building Area: 110,783
  • Gross Building Area: 110,783
  • Building Area: 110,783
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 110,783
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKESHORE DRIVE
  • Land Acres: 0.029
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: BLDG G APT 406 #SU LAKESHORE #PR Z-4443

Ownership

  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Richland School District 2
  • School Tax School District: RICHLAND SCH 2
  • Census Tract: 011306

Zoning

  • Zoning: R-3

Geography

  • Account Number: 00650414
  • Parcel: R16782-02-31
  • Municipality: CITY FOREST ACRES
  • Latitude: 34.025
  • Longitude: -80.951

    Address

  • Full Address: 5516 Lakeshore Dr
  • Address - House Number: 5516
  • Address - Street Name: Lakeshore
  • Address - Suffix Type: Dr
  • State: SC
  • City Name: Columbia
  • Carrier Code: C099
  • 4-Digit Zip Code: 4997
  • Zip Code: 29206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 2FA

    Appraisal Valuation

  • Standard Deviation: 0.0942
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 133,656
  • High Value: 146,248
  • Low Value: 121,064

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $67,500
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Oct 30, 2019
  • First Open Lien Mortgage Loan Amount: $67,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2034

    Market Valuation

  • Market Total Value: $133,667
  • Market Land Value: $1,467
  • Market Improvement Value: $132,200

    Assessments Valuation

  • Assessed Year: 2023

About Southeastern Columbia



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Frequently Asked Questions

What neighborhood is 5516 Lake Shore Drive located in?
The 5516 Lake Shore Drive is a house located in the neighborhood of Southeastern Columbia in Southeastern Columbia, Columbia.
How many listings are currently for sale in 5516 Lake Shore Drive?
There is one unit for sale right now.
What is the average sales price for listings in 5516 Lake Shore Drive?
The average sales price for units in 5516 Lake Shore Drive is $134,500 , or $122/sqft. currently.

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