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5406 Reservoir Rd, Winnsboro, SC, 29180

$80,000

Home List Price

$950*

Closing Credit

3 Bedrooms
1 Full Bath
1,095 SqFt
$73/SqFt
House

Location

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5406 Reservoir Rd, Winnsboro$80,000

Buyer Closing Credits

$950*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1971
HeatingCentral
CoolingCentral Air
MLS #595262
Lot Size1.00 Acres
StatusActive
(ACTIVE)

About 5406 Reservoir Rd

This property presents a unique opportunity for investors seeking a project with substantial upside potential. While the home requires significant renovations, its prime location and spacious layout allows for the foundation for a lucrative return on investment. Key Features: Spacious Layout: The home boasts generous living spaces and a flexible floor plan, allowing for creative redesign and modernization. Prime Location: Situated on the outskirts of town in a desirable location with strong market demand, the property is conveniently located near amenities, schools, and transportation. Equity Potential: With the right renovations, this property can significantly increase in value, making it an ideal candidate for resale or rental investment. (Current Comps: ARV Ranges from $175K up to $235K depentant on renovations and current market status) well under the 70% rule for investors. Large Lot: The expansive yard provides opportunities for landscaping, outdoor living spaces, or potential expansions. This lot is adjacent to a drainage ditch providing compfort and rear seclusion. This is a remarkable opportunity for savvy investors to capitalize on a property with the potential to generate significant returns. Schedule a viewing today to explore the possibilities! A/C Unit (2014)

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1971
  • Stories: 1
  • Living Area: 1,095 SqFt

Listing Office:

  • Office Name: JS Premier Real Estate LLC
  • Listing Agent: Antoine Parker

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Hwy 321 N-Left on Hwy 213 (at light before Bi-Lo), Left on Reservoir Rd- 5.4 miles, 5406 on Right, see sign. From Columbia Hwy 215 to Hwy 269, Left on Jackson Creek Rd, Left on Reservoir. From VC Summer - Hwy 215 to Right on Hwy 213, Right on Landis keep to Left on Reservoir, home on Left. (GPS)

Price Information

Listing Price Info

Price Summary:

  • List Price: $80,000
  • Price Per SqFt: $73/SqFt

Tax Information:

  • Annual Amount: $450
  • Tax Year: 2020
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Housing Market Comparison

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

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Winnsboro, SC

City

Med. Sold Price

$175K

Med. Price/SqFt

$134

Avg. Days On Market

57

# of Sold Homes

2

5406 Reservoir Rd vs Winnsboro

35 DAYS ON ROCKET

-22 Days

$80,000

-$95K Less

$73/SqFt

-$62 Less

KEY TAKEAWAY

This property is $95K less than the Median Sold Price and $62/SqFt less than other homes in Winnsboro, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #595262

Listing Office:

  • Office Name: JS Premier Real Estate LLC
  • Listing Agent: Antoine Parker

IDX Listings courtesy of Consolidated Multiple Listing Service Inc. as distributed by MLS GRID.

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Last updated on: 11/21/2024, 7:20:49 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

Jan 11, 2018Home Sold
$62,500

Tax History

YEARPROP. TAXASSESSMENT
2020$450$1,564
2018$333$46,900
2017$1,089$46,900

History based on county public records data.

Payment Calculator

$467

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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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-220115
4
/10

  • Kelly Miller Elementary School

  • 255 Kelly Miller Rd

  • 4.57 miles

  • Public District Grades PK-6

school-card-donut-220116
8
/10

  • Fairfield Magnet for Math and Science

  • 1647 US Highway 321 Byp N

  • 7.96 miles

  • Public Magnet Grades PK-6

school-card-donut-220117
3
/10

  • Fairfield Elementary School

  • 175 Medley Rd

  • 8.38 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 $38,721. Typical income of Winnsboro, SC residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5406 Reservoir Rd

What is the listing price of this property?

The listing price of 5406 Reservoir Rd property is $80,000.

What type of property is this?

The property 5406 Reservoir Rd is a house located in Winnsboro, South Carolina, 29180.

Is this property for sale now?

Active Listing: 5406 Reservoir 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 $450 (source: MLS/based on county public records data).

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

The last sale was on January 11, 2018 for $62,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5406 Reservoir Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5406 Reservoir Rd is 1,095 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5406 Reservoir Rd is 1971.

Rocket Homes›South Carolina›Fairfield County›Winnsboro›29180›5406 Reservoir Rd

This home is located at 5406 Reservoir Rd in Winnsboro, SC and zip code 29180. This 1,095 square foot home, which was built in 1971, sits on a 1.00 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $80,000.

In October 2024 more than 0 listings in Winnsboro, SC were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 0 were sold below. Between September 2024 and October 2024, Winnsboro, SC real estate market has seen increase in the number of listings by 17.2%. While the average time on the market in October 2024 was 57 days, the median list price was $175,000.

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

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