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554 Bonanza Drive

554 Bonanza Drive, Spartanburg, SC 29307
Property in Spartanburg
Sold May 02, 2016
$250,000
$75,000 by On Q Financial Inc
Mortgage Due May 01, 2031
Sold Mar 20, 2001
$16,000
554 Bonanza Drive in Spartanburg, SC was first built in 2004 and is 20 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 raised ranch style. 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 3 full bathrooms. There are 3 partial bathrooms. 554 Bonanza Drive has 2,316 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 basement is 1,716 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 150,108 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. Water for the property is sourced from a municipal system. For those who need parking, there is a carport. 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 C+. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 554 Bonanza Drive was last sold in Apr 27, 2016 for $250,000. According to our calculations, that's $107.94 per sqft. Prior to that sales transaction, the property was sold for $16,000 in Mar 19, 2001. Current property owners are expected to pay $1,618 in taxes per year. The property on 554 Bonanza Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $10,962. To break that down further, the land itself was valued at $1,393. While improvements to the property were assessed at a total of $9,569. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Wood
  • Building Style: Raised Ranch
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Type: Finished improved basement
  • Basement Area: 1,716
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 150,108
  • Total Building Area: 2,316
  • Gross Building Area: 4,652
  • Building Area: 2,316
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,316
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PONDEROSA GARDENS SUB
  • Land Acres: 3.446
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 13 & 14 PONDEROSA GARDENS SUB PB 149-891

Ownership

  • Current Owner : SMITH DANIEL P
  • Current Owner 2: SMITH KIM K
  • Previous Owner : MELTON EARL B
  • Previous Owner 2: MELTON DONNA T
  • Owner Before Previous Owner: MARCUS DOROTHY W
  • Owner Before Previous Owner 2: WILLIAMS RICHARD W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Spartanburg School District 3
  • School Tax School District: 2700
  • School Tax District Code 2: CAF
  • Census Tract: 022201

Geography

  • Assessors Map Reference: 7145-52-3023.49
  • Parcel: 3-1300-18700
  • Lot: 13-14
  • Municipality: SPARTANBURG
  • Latitude: 34.9962
  • Longitude: -81.8503

    Address

  • Full Address: 554 Bonanza Dr
  • Address - House Number: 554
  • Address - Street Name: Bonanza
  • Address - Suffix Type: Dr
  • State: SC
  • City Name: Spartanburg
  • Carrier Code: C042
  • 4-Digit Zip Code: 1276
  • Zip Code: 29307

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,618

    Appraisal Valuation

  • Standard Deviation: 0.216
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 70
  • Final Value: 392,548
  • High Value: 477,376
  • Low Value: 307,721

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: ON Q FINANCIAL INC
  • First Open Lien Mortgage Recording Date: May 02, 2016
  • First Open Lien Mortgage Loan Amount: $75,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2031

    Market Valuation

  • Market Total Value: $303,700
  • Market Land Value: $38,600
  • Market Improvement Value: $265,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,962
  • Assessed Land Value: $1,393
  • Assessed Improvements Value: $9,569

    Sales

  • Current Sale Contract Date: Apr 27, 2016
  • Current Sale Recording Date: May 02, 2016
  • Current Sale Transaction ID: 11501066519
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-18371
  • Previous Sale Recording Date: Mar 20, 2001
  • Previous Sale Contract Date: Mar 19, 2001
  • Previous Sale Amount: $16,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ON Q FINANCIAL INC
  • First Mortgage Transaction Date: May 02, 2016
  • First Mortgage Loan Amount: $75,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2031

About Converse



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Frequently Asked Questions

What neighborhood is 554 Bonanza Drive located in?
The 554 Bonanza Drive is a located in the neighborhood of Spartanburg in Converse, Spartanburg.
What is the average sales price for listings in 554 Bonanza Drive?
The average sales price for units in 554 Bonanza Drive is $0 currently.

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