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Spartanburg 29307
720 Splendid Meadows Way
$460,000
● House - Off Market

720 Splendid Meadows Way

Spartanburg, SC 29307
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,209 Ft²
$2,329
Est. Monthly
$70
HOA / Fees
6.21%
Cap Rate
Unit Size
2,209 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$208
Property Type
House
Property Taxes
-
HOA Dues
$70
Year Built
2008

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (CANOPYMLS #CAR4189961)

Price History

Date / Event Date Event Price
Oct 3, 2024 Sold
Premium
Sold
Sep 6, 2024 Listed by Canopy Administration $460,000
Listed by Canopy Administration
Feb 15, 2013 Sold
Premium
Sold
Jan 21, 2009 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 2
  • Construction Type: 2
  • Building Style: 16
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 24
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 252
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Lot Size Depth Feet: 910
  • Lot Size Frontage Feet: 460
  • Total Building Area: 2,343
  • Gross Building Area: 3,062
  • Building Area: 2,343
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,343
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROBERTS MEADOWS SUBDIVISION
  • Land Acres: 0000000520
  • Standard Land Use Code: 1001
  • County Land Use Code: 4OOR
  • Legal Description 1: LOTS 17 18 & PO 16 ROBERTS MEADOWS SUBDIVISION PH 2 PB 148-659 DB 93Z-233 DB 102R-807 PB 167-387

Neighborhood

  • School District Name: Spartanburg School District 7
  • School Tax School District: 940Z
  • Census Tract: 022102

Geography

  • Assessors Map Reference: 7144-50-3347.38
  • Subdivision Phase Number: 2
  • Parcel: 7-1402-06500
  • Lot: 17
  • Municipality: SPARTANBURG
  • Latitude: 34.9645
  • Longitude: -81.8498

    Address

  • Full Address: 720 Splendid Meadows Way
  • Address - House Number: 720
  • Address - Street Name: Splendid Meadows
  • Address - Suffix Type: Way
  • State: SC
  • City Name: Spartanburg
  • Carrier Code: C048
  • 4-Digit Zip Code: 3172
  • Zip Code: 29307

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $367,458

    Appraisal Valuation

  • Standard Deviation: 0.2532
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 64
  • Final Value: 429,222
  • High Value: 537,927
  • Low Value: 320,516

    Market Valuation

  • Market Total Value: $387,100
  • Market Land Value: $63,100
  • Market Improvement Value: $324,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,354
  • Assessed Land Value: $2,177
  • Assessed Improvements Value: $11,177

    Sales

  • Current Sale Contract Date: Jan 16, 2013
  • Current Sale Recording Date: Feb 15, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2013-7192
  • Previous Sale Recording Date: Jan 21, 2009
  • Previous Sale Contract Date: Jan 16, 2009
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Spartanburg

Stats & Trends

Median Asking:

$179,900

Sale Price/ft²

$135

Below Asking

0.04%

Average Days on Market

83

Average Home Size

1224 ft²

Average Home Age

101 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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CANOPYMLS

Listed by: Non Member, Canopy Administration
Last Updated: 3 years ago
Data Source: CANOPYMLS, MLS# CAR4189961
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Frequently Asked Questions

When was property at 720 Splendid Meadows Way built and last sold?
The property at 720 Splendid Meadows Way was built in 2008 and last sold on Jan 16, 2013 for $265,000.
How much is this home worth?
The estimated value of the home located at 720 Splendid Meadows Way is $0.
What are some comparable homes to 720 Splendid Meadows Way?
There are currently no comparable homes to 720 Splendid Meadows Way.
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