Great all-brick ranch located in the heart of Lancaster, just minutes from shopping, restaurants, and dining. This home features a traditional layout with original hardwood floors. The property sits on a nicely sized lot with well-maintained landscaping and mature trees.
The current renter has lived in the house for 16 years, and the owner has not raised the rent during their ownership. The current rental rate for a similar 2-bedroom home in the area is $1,100, presenting an excellent opportunity for investors seeking the 1% rule. The roof was replaced about three years ago, the HVAC system is from 2016, and while the age of the water heater is undetermined, all systems are functioning well with no open maintenance requests.
This home is also open to owner-occupied offers. The tenant is on a month-to-month lease and can be given notice before closing.
Agent is owner.
Closed
$110,000
1153 Faile St, Lancaster, SC 29720
2beds
780sqft
Single Family Residence
Built in 1963
0.3 Acres Lot
$116,500 Zestimate®
$141/sqft
$1,105 Estimated rent
Home value
$116,500
$105,000 - $129,000
$1,105/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 20, 2024 at 04:30pm
Listing Provided by:
Kim Christenbury kim@ivyandtrellis.com,
Ivy and Trellis LLC
Bought with:
Howard Martin
Nestlewood Realty, LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4150187
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Family room
- Level: Main
Family room
- Level: Main
Kitchen
- Level: Main
Kitchen
- Level: Main
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Exhaust Hood
- Laundry: In Carport
Features
- Has basement: No
Interior area
- Total structure area: 780
- Total interior livable area: 780 sqft
- Finished area above ground: 780
- Finished area below ground: 0
Property
Parking
- Parking features: Attached Carport, Driveway
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.30 Acres
Details
- Parcel number: 0081C0D010.00
- Zoning: LDR
- Special conditions: Subject to Lease
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Full
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Lancaster
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Dirt, Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2024 | Sold | $110,000-13.7%$141/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4150187 Report a problem | ||
| 6/23/2024 | Pending sale | $127,500$163/sqft |
Source: Canopy MLS as distributed by MLS GRID #4150187 Report a problem | ||
| 6/12/2024 | Listed for sale | $127,500+244.6%$163/sqft |
Source: Canopy MLS as distributed by MLS GRID #4150187 Report a problem | ||
| 9/11/2020 | Sold | $37,000$47/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $858 +0.2% | $2,484 |
| 2023 | $857 +1.9% | $2,484 |
| 2022 | $841 | $2,484 |
Find assessor info on the county website
Neighborhood: 29720
Nearby schools
GreatSchools rating
- 2/10Clinton Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 3/10A. R. Rucker Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Lancaster High SchoolGrades: 9-12Distance: 2 mi
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Estimated market value$116,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$116,500