300 (B) Yard Road, Spartanburg, SC, 29302 | $875,000

This 16+ acre tract (6-51-00-038. 00) is part of an auction including two other contiguous parcels (6-51-00-034. 00 & 6-51-00-038. 01) totaling 58. 99 +/- acres. These parcels will be sold as 6 separtate tracts, a combination of tracts or as a whole. Location: Spartanburg, South Carolina Total Acreage: 58. 99 Acres (sold in up to 6 tracts) Seize this incredible opportunity to own your own slice of heaven in Spartanburg County, SC! This opportunity features six diverse tracts of land totaling approximately 58. 99 acres, offering a unique blend of residential, farm, recreational, and development potential. Whether you’re looking for a charming home, prime hunting land, start a homestead or a development opportunity, this auction has it all. Property Highlights: Tract 1: 15 acres – This expansive tract featuring a year round creek is suitable for a private residence, hunting land, farming, or future development. Tract 2: 17 acres – Ideal for development or as a large private estate. This tract offers ample space and privacy as well as creek along the back of the tract. Tract 3: 12 acres – Another great tract featuring creek frontage for those seeking solitude and space. Ideal for a private retreat or hunting/agricultural use. Tract 4: 7 acres – A manageable parcel with endless possibilities, from residential & hobby farming to recreational use. Tract 5: 5. 25 acres – Perfect for a smaller development project or as a country getaway. Combine this with tract 6 to make a larger single parcel! Tract 6: 2. 74 acres featuring a cozy 2-bedroom, 1-bathroom home. This property is perfect for a quiet country lifestyle or as a rental investment. Combine this with tract 5 to pull together a nice little country spread! Additional Features: Wildlife Food Plots & Hunting Stands: The property is well-equipped for hunting enthusiasts, with established food plots and hunting stands strategically placed throughout. Development Potential: The tracts present excellent potential for residential development, mini-farms, or recreational use. Important Information: All acreage for individual tracts is estimated based on plat maps and aerial photographs. The property is being presented in a multi-tract format, allowing you to buy one, several, or all tracts based on your needs. Don't miss out on this exceptional opportunity to invest in Spartanburg County real estate. Whether you’re a developer, hunter, or someone seeking a quiet rural lifestyle, this property presents something for everyone. ***All closing costs are to be paid by buyer. No contingencies of any type. Property to sell AS-IS, WHERE-IS without warranty of any kind. Winning Bidders/Offerors will be required to submit a non-refundable deposit of 10% of total purchase price with a 45-day closing date *** Tour this property today to participate in this unique opportunity and secure your slice of South Carolina peace & tranquility!

Features

  • Amenities: None
  • Lot Desc: 50 - 100 Acres, Rural, Additional Acreage, Wooded
  • Elem. School: Pauline Glenn Springs
  • Middle School: RP Dawkins
  • High School: Dorman
  • MLS#: 1540403
  • Days on Market: 30 days
  • Website: https://www.raveis.com
    /prop/1540403/300byardroad_spartanburg_sc?source=qrflyer
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Listing courtesy of Bid Y'all Auction & Realty   Phone: 864-310-0347

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NMLS Mortgage Loan Originator ID 7654

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300 (B) Yard Road, Spartanburg, SC, 29302

$875,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 401.474.4879

Whitney.Rugg@raveis.com

NMLS Mortgage Loan Originator ID 7654

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $700,000 $700,000 $700,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.850%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,482 $4,482 $6,146
Total Monthly Payment $4,574 $4,574 $6,238

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.