3 months on rocket

1741 Rainbow Lake Rd, Chesnee, SC, 29323

$1,000,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
House

Location

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1741 Rainbow Lake Rd, Chesnee$1,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached Carport
Year Built1948
HeatingBaseboard, Electric
FireplaceGas Logs
ViewTrees/Woods
MLS #1536210
Lot Size5.00 Acres
StatusActive

About 1741 Rainbow Lake Rd

Welcome to 1741 Rainbow Lake Road! This exceptional 5-acre parcel presents a fantastic opportunity for commercial development or a spacious homestead. The property features an expansive 2,744 square foot home with 4 bedrooms and 3 bathrooms. After some cosmetic renovations there would be plenty of space for friends and family to gather and create lasting memories. Imagine creating a beautiful farmhouse for homesteading. You can enjoy the convenience of location while enjoying serene country living. Convenience is key, and this location excels with easy access to essential amenities. It's just 5 minutes to the new Target, Publix, and Walmart in Boiling Springs. Additionally, the property is situated within the highly regarded District 2 school zone, offering an excellent education and a supportive community for making new friends. The adjacent property is also listed and if purchasing both then you would have over 6 acres. The property boasts road frontage on both Rainbow Lake Road and Riveroak Road, providing flexibility and ease of access. Whether you're envisioning a residential development or a private retreat, this location offers the versatility and potential to bring your dreams to life. House is being sold as is.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1948
  • Stories: 2

Listing Office:

  • Office Name: Ponce Realty Group, LLC
  • Listing Agent: Michelle Gleed
  • Agent Phone: (864) 310-3522

Interior Features

Interior Information:

  • Appliances: Range
  • Basement: No
  • Flooring Type: Wood, Laminate Flooring
  • Interior: Other/See Remarks
  • Fireplace: Gas Logs

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Trees/Woods
  • Exterior: Porch-Other, Some Storm Windows

Parking Information:

  • Parking: Detached Carport

Lot Features

Lot Information:

  • Lot: Few Trees, Wooded
  • Lot Size: 5.00 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000

Tax Information:

  • Annual Amount: $673
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Chesnee, SC.

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Chesnee, SC

City

Med. Sold Price

$321K

Med. Price/SqFt

$179

Avg. Days On Market

27

# of Sold Homes

20

1741 Rainbow Lake Rd vs Chesnee

110 DAYS ON ROCKET

+83 Days

$1,000,000

+$678.9K More

KEY TAKEAWAY

This property is $678.9K more than the Median Sold Price in Chesnee, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1536210

Listing Office:

  • Office Name: Ponce Realty Group, LLC
  • Listing Agent: Michelle Gleed
  • Agent Phone: (864) 310-3522

Listing provided courtesy of Greater Greenville Association of Realtors® Internet Data Exchange Database. © 2024 GGAR MLS.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GGAR MLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. GGAR MLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 18, 2014Home Sold
$42,000
Mar 21, 2014Home Sold
$140,000

Tax History

YEARPROP. TAXASSESSMENT
2020$673$6,164
2019$672$154,100
2018$656$154,100
2017$579$140,000

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4384722
6
/10

  • Oakland Elementary School

  • 151 Mudd Creek Rd

  • 2.47 miles

  • Public District Grades PK-5

school-card-donut-4384723
7
/10

  • Cooley Springs-Fingerville Elementary School

  • 140 Cooley Springs School Rd

  • 3.62 miles

  • Public District Grades PK-5

school-card-donut-4384724
7
/10

  • New Prospect Elementary School

  • 9251 Highway 9

  • 4.11 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,832. Most Chesnee, SC residents have annual incomes between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1741 Rainbow Lake Rd

What is the listing price of this property?

The listing price of 1741 Rainbow Lake Rd property is $1,000,000.

What type of property is this?

The property 1741 Rainbow Lake Rd is a house located in Chesnee, South Carolina, 29323.

Is this property for sale now?

Active Listing: 1741 Rainbow Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $673 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 18, 2014 for $42,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1741 Rainbow Lake Rd has 4 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 1741 Rainbow Lake Rd is 1948.

Rocket Homes›South Carolina›Spartanburg County›Chesnee›29323›1741 Rainbow Lake Rd

This home is located at 1741 Rainbow Lake Rd in Chesnee, SC and zip code 29323. This home, which was built in 1948, sits on a 5.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $1,000,000.

Chesnee, SC housing market in November 2024 saw over 0 listings sold above listed price, more than 4 sold at listed price and over 16 sold below. In November 2024 in Chesnee, SC there were 0.9% more homes for sale than in October 2024. Listings spent 27 days on the market in November 2024, and had a median list price of $321,022 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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