See Home Value
Spartanburg 29349
861 Rainbow Lake Road
$187,903*
House - Off Market

861 Rainbow Lake Road

Inman, SC 29349
bedrooms
2 Beds
bathrooms
1 Bath
$160,000 - $194,000
Reference Base Price*
5.86%
Since Feb 1, 2023
National-US
Primary Model
Sold Jan 27, 2023
$168,000
$161,782 by Union Home Mortgage Corp
Mortgage Due Feb 01, 2053
Sold Apr 25, 2017
$93,500
$94,444 by Ark-la-tex Finance Services Ll
Mortgage Due May 01, 2047

About This Property

You'll love the convenience of this pretty bungalow, close to Inman, Boiling Springs, and Lakes Bowen and Blalock. The owners have poured a lot of love into this home, and are ready to pass it along to you! Inside, you'll find almost 1,000 sq feet of space, including two roomy, freshly carpeted bedrooms. Double windows in the Master and the Living Room let in plenty of natural light. Lots of updates, including a bathroom remodel (2019), new light fixtures, new interior doors, vinyl plank floors, paneling updated to drywall, and fresh trim and paint throughout. Please see the complete list of recent updates in Assoc Docs. All this, on over 1/2 acre of level yard with a fenced backyard. You also get a 2-car carport, and a 12x16 shed for storage. Come and see it quick. This one won't last long!
Unit Size
-
Days on Market
-
Land Size
0.59 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1983

Price History

Date / Event Date Event Price
Jan 27, 2023 Sold to Daniel Ryan Kay $168,000
Sold to Daniel Ryan Kay
Jan 18, 2023 No longer available -
No longer available
Dec 20, 2022 In contract -
In contract
Dec 14, 2022 Listed $177,500
Listed
Apr 25, 2017 Sold to Jordan M Rainey $93,500
Sold to Jordan M Rainey
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Other
  • 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: Building with no basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 25,700
  • Lot Size Depth Feet: 2,250
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 960
  • Gross Building Area: 1,148
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 960
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ANONDALE SUBDIVISION
  • Land Acres: 0.59
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 ANONDALE SUBDIVISION SEC I PB 88-346 PB 118-884

Ownership

  • Current Owner : KAY DANIEL RYAN
  • Previous Owner : RAINEY JORDAN M
  • Owner Before Previous Owner: KIRBY APRIL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Spartanburg School District 2
  • School Tax School District: 0900
  • School Tax District Code 2: BSF
  • Census Tract: 022404

Geography

  • Assessors Map Reference: 7107-69-4382.95
  • Section: 1
  • Parcel: 2-3701-05900
  • Lot: 4
  • Municipality: INMAN
  • Latitude: 35.0707
  • Longitude: -81.9808

    Address

  • Full Address: 861 Rainbow Lake Rd
  • Address - House Number: 861
  • Address - Street Name: Rainbow Lake
  • Address - Suffix Type: Rd
  • State: SC
  • City Name: Inman
  • Carrier Code: R001
  • 4-Digit Zip Code: 7495
  • Zip Code: 29349

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $721

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 63
  • Final Value: 111,821
  • High Value: 132,432
  • Low Value: 91,209

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $161,782
  • First Open Lien Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 27, 2023
  • First Open Lien Mortgage Loan Amount: $161,782
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2053

    Market Valuation

  • Market Total Value: $120,100
  • Market Land Value: $20,900
  • Market Improvement Value: $99,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,301
  • Assessed Land Value: $748
  • Assessed Improvements Value: $3,553

    Sales

  • Current Sale Contract Date: Jan 27, 2023
  • Current Sale Recording Date: Jan 27, 2023
  • Current Sale Transaction ID: 11901284664
  • Current Sale Price: $168,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 3245
  • Previous Sale Recording Date: Apr 25, 2017
  • Previous Sale Contract Date: Apr 21, 2017
  • Previous Sale Amount: $93,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 27, 2023
  • First Mortgage Loan Amount: $161,782
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: ARK-LA-TEX FINANCE SERVICES LL
  • Previous Mortgage Transaction Date: Apr 25, 2017
  • Previous Mortgage Loan Amount: $94,444
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2047



Comparables

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

About Spartanburg


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Frequently Asked Questions

When was property at 861 Rainbow Lake Road built and last sold?
The property at 861 Rainbow Lake Road was built in 1983 and last sold on Jan 27, 2023 for $168,000.
How much is this home worth?
The estimated value of the home located at 861 Rainbow Lake Road is $179,275.
What are some comparable homes to 861 Rainbow Lake Road?
There are currently no comparable homes to 861 Rainbow Lake Road.

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