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557 Fair Oaks Drive

557 Fair Oaks Drive, Fort Mill, SC 29708
Property in Fair Oaks
Sold May 06, 2021
$420,000
$325,000 by Atlantic Bay Mortgage Group Ll
Mortgage Due Jun 01, 2051
Sold Jul 12, 2006
$303,590
$242,872 by Nvr Mortgage Finance Inc
Mortgage Due Aug 01, 2036
557 Fair Oaks Drive has been categorized by the local assessors in Fort Mill, SC as a residential type of property. The building on the property was first built in 2006 and is 18 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 557 Fair Oaks Drive has 3,119 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 43,560 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 483 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of alum/vinyl siding. There is a single fireplace in the home. Perfect for those wintery nights. 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, 557 Fair Oaks Drive sold most recently in May 3, 2021 for a total of $420,000. If you work out the math, that's approximately a cost of $134.66 per sqft. Before that, the property was also sold for $303,590 in Jul 1, 2006. 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 $2,846 in taxes each year. 557 Fair Oaks Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $16,634. If we break it down further, the land itself was valued at $2,600. Improvements to the property, however, were assessed at a total of $14,034. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Brick
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 483
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 3,119
  • Gross Building Area: 3,755
  • Building Area: 3,119
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,119
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIR OAKS
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT# 103 FAIR OAKS PH 1 MP 1

Ownership

  • Current Owner : SMITH MICHAEL W
  • Current Owner 2: SMITH MELANIE
  • Previous Owner : QUEEN RYAN G
  • Previous Owner 2: QUEEN TIFFANY L
  • Owner Before Previous Owner: NVR INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: York School District 4
  • Census Tract: 061006

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: 143-293
  • Parcel: 649-09-01-029
  • Lot: 103
  • Latitude: 35.0827
  • Longitude: -80.9716

    Address

  • Full Address: 557 Fair Oaks Dr
  • Address - House Number: 557
  • Address - Street Name: Fair Oaks
  • Address - Suffix Type: Dr
  • State: SC
  • City Name: Fort Mill
  • Carrier Code: R040
  • 4-Digit Zip Code: 8066
  • Zip Code: 29708

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,846
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.197
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 581,938
  • High Value: 696,632
  • Low Value: 467,244

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $325,000
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: May 06, 2021
  • First Open Lien Mortgage Loan Amount: $325,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $415,846
  • Market Land Value: $65,000
  • Market Improvement Value: $350,846

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,634
  • Assessed Land Value: $2,600
  • Assessed Improvements Value: $14,034

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: May 06, 2021
  • Current Sale Transaction ID: 11834083853
  • Current Sale Price: $420,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021026495
  • Previous Sale Recording Date: Jul 12, 2006
  • Previous Sale Contract Date: Jul 01, 2006
  • Previous Sale Amount: $303,590
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: May 06, 2021
  • First Mortgage Loan Amount: $325,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NVR MORTGAGE FINANCE INC
  • Previous Mortgage Transaction Date: Jul 12, 2006
  • Previous Mortgage Loan Amount: $242,872
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2036

About Fair Oaks



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Frequently Asked Questions

What neighborhood is 557 Fair Oaks Drive located in?
The 557 Fair Oaks Drive is a located in the neighborhood of Fair Oaks in Fair Oaks, Fort Mill.
What is the average sales price for listings in 557 Fair Oaks Drive?
The average sales price for units in 557 Fair Oaks Drive is $0 currently.

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