$400,000
$475,000
15.8%For more information regarding the value of a property, please contact us for a free consultation.
508 S Lee Avenue Landrum, SC 29356
4 Beds
2 Baths
2,391 SqFt
Key Details
Sold Price $400,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 2200-2399
Square Footage 2,391 sqft
Price per Sqft $167
MLS Listing ID 301810
Sold Date 03/29/24
Style Bungalow
Bedrooms 4
Full Baths 2
Construction Status 50+
Year Built 1908
Annual Tax Amount $4,001
Tax Year 2022
Lot Size 5.330 Acres
Acres 5.33
Property Sub-Type Single Family
Property Description
Back on the Market by No Fault of the Seller/Property Developer/Equestrian/Investor Dream, 5.33 Acres In Downtown Landrum. Family Homestead from 1908. Home Is a 4 Bedroom, 2 Bath and would Require Serious TLC. Possibility Abounds, a Developer Could Potentially Build 13 Homes Upon City Approval, or Perhaps a Retirement Community. Property also meets the Criteria to Be Re-Zoned as Agricultural which would Provide Tax Advantages. The Property would also be Allowed to have Up to 2 Horses (One Horse per 2.5 Acres), VERY RARE In Downtown Landrum...Combine the Airbnb Component and Consider that "Landrum and the Carolina Foothills are an Equestrian Lover's Paradise". Investors take note of how often Tracts of Land even Half this Size Come to Market within a Half Mile of the Shopping and Dinning Offered In Downtown Landrum. Being a Land Owner In Landrum Qualifies You for Membership In FETA which is an Equestrian Trail Riding Group. Property only 30 Minutes from BMW. HOME SOLD AS-IS
Location
State SC
County Spartanburg
Area Landrum
Rooms
Primary Bedroom Level 2
Interior
Hot Water Electric
Heating Floor Furnace
Cooling Window Unit
Flooring Wood
Laundry 1st Floor, Dryer - Electric Hookup, Washer Connection
Exterior
Exterior Feature Porch-Front, Porch-Screened, Doors - Some Storm
Roof Type Composition Shingle
Building
Lot Description Cul-De-Sac, Level, Wooded
Foundation Crawl Space
Sewer Public Sewer
Water Public Water
Level or Stories 2
Construction Status 50+
Schools
Elementary Schools 1-O. P. Earl
Middle Schools 1-Landrum
High Schools 1-Landrum High
School District 1
Others
Acceptable Financing Private Financing
Listing Terms Private Financing
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Bought with NON MEMBER