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559 Old Bush River Road

559 Old Bush River Road, Chapin, SC 29036
Property in Lake Murray
Sold Jul 07, 2006
$92,500
$92,500 by United States Department Of Ag
Mortgage Due May 28, 2039
559 Old Bush River Road in Chapin, SC was first built in 2006 and is 18 years old. Although, the building on the property was most recently renovated and altered in 2007. This has been categorized as a residential property type. 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. 559 Old Bush River Road has 1,163 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 10,019 square feet.

Learn more about the property and building on this page. The exterior walls of the home are made of alum/vinyl siding. 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. 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, 559 Old Bush River Road sold most recently in May 30, 2006 for a total of $92,500. If you work out the math, that's approximately a cost of $79.54 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 $216 in taxes each year. 559 Old Bush River Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,000. If we break it down further, the land itself was valued at $800. Improvements to the property, however, were assessed at a total of $3,200. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2007
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,163
  • Building Area: 1,163
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,163
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OWL TRACE SUBDIVISION PHASE #4
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: OWL TRACE PH 4 LOT 2D .23 AC

Ownership

  • Current Owner : GIBBS IOMIA RENEE
  • Previous Owner : RIVERSTONE PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lexington School District 5
  • Census Tract: 021204

Zoning

  • Zoning: RD

Geography

  • Assessors Map Reference: MB 11201 PG 155
  • Parcel: 001135-01-055
  • Lot: 2D
  • Municipality: OUTSIDE IRMO & CHAPIN
  • Latitude: 34.1319
  • Longitude: -81.3278

    Address

  • Full Address: 559 Old Bush River Rd
  • Address - House Number: 559
  • Address - Street Name: Old Bush River
  • Address - Suffix Type: Rd
  • State: SC
  • City Name: Chapin
  • Carrier Code: R011
  • 4-Digit Zip Code: 7691
  • Zip Code: 29036

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $216
  • Tax Rate Code Area: 5

    Appraisal Valuation

  • Standard Deviation: 0.2154
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 70
  • Final Value: 203,378
  • High Value: 247,200
  • Low Value: 159,556

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $92,500
  • First Open Lien Mortgage Lender: UNITED STATES DEPARTMENT OF AG
  • First Open Lien Mortgage Recording Date: Jul 07, 2006
  • First Open Lien Mortgage Loan Amount: $92,500
  • First Open Lien Mortgage Term: 393
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: May 28, 2039

    Market Valuation

  • Market Total Value: $100,000
  • Market Land Value: $20,000
  • Market Improvement Value: $80,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,000
  • Assessed Land Value: $800
  • Assessed Improvements Value: $3,200

    Sales

  • Current Sale Contract Date: May 30, 2006
  • Current Sale Recording Date: Jul 07, 2006
  • Current Sale Transaction ID: 11469008556
  • Current Sale Price: $92,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2006037499

    Last Sale Mortgage

  • First Mortgage Lender: UNITED STATES DEPARTMENT OF AG
  • First Mortgage Transaction Date: Jul 07, 2006
  • First Mortgage Loan Amount: $92,500
  • First Mortgage Terms: 393
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: May 28, 2039

About Lake Murray



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Frequently Asked Questions

What neighborhood is 559 Old Bush River Road located in?
The 559 Old Bush River Road is a located in the neighborhood of Lake Murray in Lake Murray, Chapin.
What is the average sales price for listings in 559 Old Bush River Road?
The average sales price for units in 559 Old Bush River Road is $0 currently.

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