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715 Lyman Street

715 Lyman Street, Gaffney, SC 29340
Property in Cherokee
Sold May 22, 2020
$147,900
$149,393 by Fairway Independent Mortgage C
Mortgage Due Jun 01, 2050
Sold Oct 17, 2017
$89,000
$89,898 by First Piedmont Federal Savings
Mortgage Due Nov 01, 2047
715 Lyman Street has been categorized by the local assessors in Gaffney, SC as a residential type of property. The building on the property was first built in 1964 and is 60 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 715 Lyman Street has 1,530 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 17,424 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. Moving on to the building itself. The condition of the building has been evaluated as good. 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, 715 Lyman Street sold most recently in May 21, 2020 for a total of $147,900. If you work out the math, that's approximately a cost of $96.67 per sqft. Before that, the property was also sold for $89,000 in Oct 16, 2017. 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 $975 in taxes each year. 715 Lyman Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,880. If we break it down further, the land itself was valued at $480. Improvements to the property, however, were assessed at a total of $5,400. 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. 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. 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: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 0
  • Building Condition: Good
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Total Building Area: 1,530
  • Building Area: 1,530
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,530
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAMRICK LAND COMPANY
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 715 LYMAN ST 3Y 153 PLAT FM RANDOLPH $89000 FM TEAGUE $147900

Ownership

  • Current Owner : NEAL FRANCES D
  • Previous Owner : TEAGUE JORDAN G
  • Owner Before Previous Owner: DECLARATION OF TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cherokee County School District
  • School Tax School District: GF
  • Census Tract: 970601

Geography

  • Account Number: 020526-23-3
  • District: 10
  • Parcel: 082-14-00-042.000
  • Municipality: GAFFNEY
  • Latitude: 35.0633
  • Longitude: -81.6592

    Address

  • Full Address: 715 Lyman St
  • Address - House Number: 715
  • Address - Street Name: Lyman
  • Address - Suffix Type: St
  • State: SC
  • City Name: Gaffney
  • Carrier Code: C006
  • 4-Digit Zip Code: 2251
  • Zip Code: 29340

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $975
  • Tax Rate Code Area: 10

    Appraisal Valuation

  • Standard Deviation: 0.4582
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 8
  • Final Value: 1,066,299
  • High Value: 1,554,956
  • Low Value: 577,641

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $189,393
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: May 22, 2020
  • First Open Lien Mortgage Loan Amount: $149,393
  • 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, 2050
  • Second Open Lien Mortgage Lender: 1ST PIEDMONT FEDERAL S&L ASSN
  • Second Open Lien Mortgage Recording Date: Jul 25, 2023
  • Second Open Lien Mortgage Loan Amount: $40,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 05, 2038

    Market Valuation

  • Market Total Value: $147,000
  • Market Land Value: $12,000
  • Market Improvement Value: $135,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,880
  • Assessed Land Value: $480
  • Assessed Improvements Value: $5,400

    Sales

  • Current Sale Contract Date: May 21, 2020
  • Current Sale Recording Date: May 22, 2020
  • Current Sale Transaction ID: 11771090206
  • Current Sale Price: $147,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20202525
  • Previous Sale Recording Date: Oct 17, 2017
  • Previous Sale Contract Date: Oct 16, 2017
  • Previous Sale Amount: $89,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: May 22, 2020
  • First Mortgage Loan Amount: $149,393
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST PIEDMONT FEDERAL SAVINGS
  • Previous Mortgage Transaction Date: Oct 17, 2017
  • Previous Mortgage Loan Amount: $89,898
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Gaffney



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Frequently Asked Questions

What neighborhood is 715 Lyman Street located in?
The 715 Lyman Street is a located in the neighborhood of Cherokee in Gaffney, Gaffney.
What is the average sales price for listings in 715 Lyman Street?
The average sales price for units in 715 Lyman Street is $0 currently.

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