Comparative Market Analysis

607 Olivia Springs Dr, Spartanburg, SC 29302

Prepared for Wendy Snyder
November 5, 2024

Kristin Hunteman

Realty ONE Group Freedom

Kristin Hunteman


Agent Contact Info

Kristin Hunteman

Realty ONE Group Freedom

License: 117519

(864)-863-7717

Unlisted

101 N Pine St Ste 401

Spartanburg , SC 29302

Seasoned real estate professional with 16+ years of diverse experience as a salesperson, broker, corporate agent, and educator. Specializing in smooth transactions for buyers, sellers, and investors in Spartanburg, Greenville, and surrounding areas.


What is a CMA?

A Comparative Market Analysis, or CMA, is a report used to determine the fair market value of a home. Based on local market data, a CMA takes into account recent and pending sales as well as current listings. From this information, we can establish an appropriate listing price for your house. This price may need to be adjusted as the market changes to ensure that your house remains competitively priced.

The fair market value of a home is determined by the dollar amount a knowledgeable buyer and seller would agree on within a reasonable amount of time (usually within 90 days). The fair market value is only an estimate. It also takes into consideration such things as location and home condition. Price adjustments are based on fluctuations in the market, interest, and motivation.

This CMA report includes information on current local listings and other recently sold (or pending sales) in your neighborhood. Although no house is exactly like yours, these are the most similar properties and are often the ones that appraisers use to determine home values. Also factored in are things such as: square footage, location, amenities, property condition, and existing financing.

All included data has come from the most reliable sources: local real estate firms, title companies, and the Multiple Listing Service (MLS).


Subject Property Summary

607 Olivia Springs Dr

Spartanburg, SC 29302

beds

3

baths

2.0

sqft

1,300


Map of Listings

=Subject A =Active P =Pending S =Sold O =Off Market
Status Address List Price Sold Price Sold Date
607 Olivia Springs Dr
A1 73 Sunrise Rd $232,000
A2 81 Sunrise Rd $237,000
A3 476 Stewart St $259,000
P1 75 Sunrise Rd $224,000
P2 87 Sunrise Rd $224,000
S1 1125 Spring Morning Ct $239,900 $239,900 Nov 7, 2023
S2 639 Olivia Springs Dr $269,000 $265,000 Apr 26, 2024
S3 703 Sweet Sage Ln $275,000 $265,000 Aug 2, 2024
S4 502 Olivia Springs Dr $247,777 $240,000 Apr 9, 2024

Comparable Properties Summary

Active Listings Summary

3 active listings

73 Sunrise Rd

beds

3

baths

2.0

list price

$232,000

sqft

1,206

$/sqft

$192

DOM

35

81 Sunrise Rd

beds

3

baths

2.0

list price

$237,000

sqft

1,264

$/sqft

$188

DOM

35

476 Stewart St

beds

3

baths

2.0

list price

$259,000

sqft

1,300

$/sqft

$199

DOM

53

Active Averages

list price

$242,667

sqft

1,256

$/sqft

$193

DOM

41

Pending Listings Summary

2 pending listings

75 Sunrise Rd

beds

3

baths

2.0

list price

$224,000

sqft

1,224

$/sqft

$183

DOM

26

87 Sunrise Rd

beds

3

baths

2.0

list price

$224,000

sqft

1,224

$/sqft

$183

DOM

55

Pending Averages

list price

$224,000

sqft

1,224

$/sqft

$183

DOM

40

Sold Listings Summary

4 sold listings

Sold: Nov 7, 2023

1125 Spring Morning Ct

beds

2

baths

2.0

list price

$239,900

sold price

$239,900

price %

100.0%

sqft

1,153

$/sqft

$208

DOM

0

Sold: Apr 26, 2024

639 Olivia Springs Dr

beds

3

baths

2.0

list price

$269,000

sold price

$265,000

price %

98.5%

sqft

1,368

$/sqft

$194

DOM

77

Sold: Aug 2, 2024

703 Sweet Sage Ln

beds

3

baths

2.0

list price

$275,000

sold price

$265,000

price %

96.4%

sqft

1,479

$/sqft

$179

DOM

151

Sold: Apr 9, 2024

502 Olivia Springs Dr

beds

2

baths

2.0

list price

$247,777

sold price

$240,000

price %

96.9%

sqft

1,162

$/sqft

$207

DOM

33

Sold Averages

list price

$257,919

sold price

$252,475

price %

97.9%

sqft

1,290

$/sqft

$197

DOM

65


Property Details

Active Listing #1

73 Sunrise Rd

Spartanburg, SC 29302

$232,000

Residential

MLS®# 315994

Status: Active

beds

3

baths

2

sqft

1,206

lot sqft

4,791

days on market

35

year built

2024

Location

County: Spartanburg

Neighborhood: Unknown

School District: 7

Description

Builder is giving 5K towards Closing Cost! HERE YOU GO!! We have ALL been looking for Modern New Build Homes with Affordable Pricing that includes ALL the Bells & Whistles. Location, Location, Location & NO HOA.. Adorable, Nice Level Lot, Covered Porch, 3 Beds, 2 Full Baths, Open Concept, Quartz Counters, White Cabinets, NO CARPET, Beautiful Trim work throughout the home, Built-in Shelving in the Closets & Laundry Room and Check out the Modern Garage Door. This Builder paid attention to the details in this home and Offered Modern Touches at an Affordable Price. Don't just take my word for it! Call and schedule your private showing and take a look for yourself!! Located conveniently on the East Side of Spartanburg, close to Downtown, AND NOT ONLY ONE OF THESE TO PICK FROM, BUT MANY TO CHOOSE FROM!!! Still under construction. Inside are pictures of completed models.

Features

Listing courtesy of Upstate Experts Realty


Active Listing #2

81 Sunrise Rd

Spartanburg, SC 29302

$237,000

Residential

MLS®# 315996

Status: Active

beds

3

baths

2

sqft

1,264

lot sqft

8,276

days on market

35

year built

2024

Location

County: Spartanburg

Neighborhood: Unknown

School District: 7

Description

Builder is giving 5K towards Closing Cost! HERE YOU GO!! We have ALL been looking for Modern New Build Homes with Affordable Pricing that includes ALL the Bells & Whistles. Location, Location, Location & NO HOA.. Adorable, Nice Level Lot, Covered Porch, 3 Beds, 2 Full Baths, Open Concept, Quartz Counters, White Cabinets, NO CARPET, Beautiful Trim work throughout the home, Built-in Shelving in the Closets & Laundry Room and Check out the Modern Garage Door. This Builder paid attention to the details in this home and Offered Modern Touches at an Affordable Price. Don't just take my word for it! Call and schedule your private showing and take a look for yourself!! Located conveniently on the East Side of Spartanburg, close to Downtown, AND NOT ONLY ONE OF THESE TO PICK FROM,BUT MANY TO CHOOSE FROM!!! Pictures are of completed homes

Features

Listing courtesy of Upstate Experts Realty


Active Listing #3

476 Stewart St

Spartanburg, SC 29306

$259,000

Residential

MLS®# 315547

Status: Active

beds

3

baths

2

sqft

1,300

lot sqft

6,534

days on market

53

year built

2024

Location

County: Spartanburg

Neighborhood: Unknown

School District: 7

Description

Beautiful new 3br 2ba home in spartanburg. Open floor plan, 9ft ceilings in bedrooms, 12ft ceilings in living room, large windows, shaker style kitchen with quartz cabinets, tile bathrooms, master with walk in closet, laminate flooring, quiet street. 5 minutes to new Stadium, spartanburg downtown. Custom home features with affordable price tag! Schedule showing today!

Features

Listing courtesy of Ezell Properties


Pending Listing #1

75 Sunrise Rd

Spartanburg, SC 29302

$224,000

Residential

MLS®# 315995

Status: Pending

beds

3

baths

2

sqft

1,224

lot sqft

5,227

days on market

26

year built

2024

Location

County: Spartanburg

Neighborhood: Unknown

School District: 7

Description

Builder is giving 5K towards Closing Cost! HERE YOU GO!! We have ALL been looking for Modern New Build Homes with Affordable Pricing that includes ALL the Bells & Whistles. Location, Location, Location & NO HOA.. Adorable, Nice Level Lot, 3 Beds, 2 Full Baths, Open Concept, Quartz Counters, White Cabinets, NO CARPET, Beautiful Trim work throughout the home, Built-in Shelving in the Closets & Laundry Room and Check out the Modern Garage Door. This Builder paid attention to the details in this home and Offered Modern Touches at an Affordable Price. Don't just take my word for it! Call and schedule your private showing and take a look for yourself!! Located conveniently on the East Side of Spartanburg, close to Downtown, AND NOT ONLY ONE OF THESE TO PICK FROM, BUT MANYTO CHOOSE FROM!!! Pictures are of completed plans

Features

Listing courtesy of Upstate Experts Realty


Pending Listing #2

87 Sunrise Rd

Spartanburg, SC 29302

$224,000

Residential

MLS®# 314328

Status: Pending

beds

3

baths

2

sqft

1,224

lot sqft

4,791

days on market

55

year built

2024

Location

County: Spartanburg

Neighborhood: Unknown

School District: 7

Description

HERE YOU GO!! We have ALL been looking for Modern New Build Homes with Affordable Pricing that includes ALL the Bells & Whistles. Location, Location, Location & NO HOA.. Adorable, Nice Level Lot, 3Beds, 2 Full Baths, Open Concept, Quartz Counters, White Cabinets, NO CARPET, Beautiful Trim work throughout the home, Built-in Shelving in the Closets & Laundry Room and Check out the Modern Garage Door. This Builder paid attention to the details in this home and Offered Modern Touches at an Affordable Price. Don't just take my word for it! Call and schedule your private showing and take a look for yourself!! Located conveniently on the East Side of Spartanburg, close to Downtown, AND NOT ONLYONE OF THESE TO PICKFROM, BUT MANY TO CHOOSE FROM!!!

Features

Listing courtesy of Upstate Experts Realty


Sold Listing #1

1125 Spring Morning Ct

Spartanburg, SC 29302

list: $239,900

sold: $239,900

Residential

MLS®# 304074

Status: Sold Sold: Nov 7, 2023

beds

2

baths

2

sqft

1,153

lot sqft

6,534

days on market

0

year built

2022

Location

County: Spartanburg

Neighborhood: Unknown

School District: 7

Description

Come see this beautifully built home in the Olivia Springs community! This home is not even 2 years old. Inside you will find luxury vinyl flooring, ceramic tile and carpet throughout the home making it feel bright and cozy. Your kitchen has an added backsplash with beautiful sliders leading to an outdoor patio with a nice size yard and privacy fence. The living room/ Kitchen combination with breakfast bar makes a perfect setting for entertaining with a great flow. The master suite has a huge walk-in shower and with a nice walk-in closet, perfect for all of your storage needs! The additional bedroom at the front of the home is a great size with a good size closet and conveniently located next to the second full bathroom. Also the front flex room can be used as a dining room, office or 2nd sitting area. Come see this beautiful home before it's gone and take advantage of like new construction without the wait!The neighborhood features a beautiful outdoor area with a large pergola and stone fireplaces with rocking chairs to enjoy the evenings with your family and neighbors! Conveniently located to all of Spartanburg's amenities.

Features

Listing courtesy of Keller Williams Realty


Sold Listing #2

639 Olivia Springs Dr

Spartanburg, SC 29302

list: $269,000

sold: $265,000

Residential

MLS®# 307583

Status: Sold Sold: Apr 26, 2024

beds

3

baths

2

sqft

1,368

lot sqft

6,098

days on market

77

year built

2021

Location

County: Spartanburg

Neighborhood: Unknown

School District: 7

Description

Beautiful, clean, upgraded home less than two years old in Olivia Springs! Available for quick move-in! Lots of upgrades and finishes : LVT flooring, ceramic tile , window treatments, tilted windows, and tankless gas water heater. Great room flows nicely into kitchen and dining space. Wood-plank inspired LVP flooring in neutral tone in all main common areas. Recessed lighting in kitchen, remote ceiling fans/lighting in bedrooms and family room. Kitchen offers stainless appliances, neutral quartz countertops, white glazed cabinets and large island. The owners suite boasts a tremendous walk-in closet with owners bath offering dual sinks and ceramic tile plus an oversized step-in tiled shower with seat. Sizeable laundry room and 2-car garage. This home has a treelined, semi private backyard, near cul de sac. Olivia Springs is a newer community with a community pavilion, fire pit and all lawn care is included in HOA. The development is very convenient to east side Spartanburg schools (District 7) as well as the downtown Spartanburg area. Call today to make an appointment !

Features

Listing courtesy of Century 21 Blackwell & Co


Sold Listing #3

703 Sweet Sage Ln

Spartanburg, SC 29302

list: $275,000

sold: $265,000

Residential

MLS®# 307970

Status: Sold Sold: Aug 2, 2024

beds

3

baths

2

sqft

1,479

lot sqft

7,405

days on market

151

year built

2022

Location

County: Spartanburg

Neighborhood: Unknown

School District: 7

Description

SELLER OFFERING $8,000 IN CLOSING COST INCENTIVE TO BUYER FOR CLOSING COST ASSISTANCE AND/OR RATE BUYDOWN. This immaculate, 3 bed, 2 bath, one-level beauty sits on a corner lot in the lovely and conveniently located Olivia Springs community. Built in 2022, this "Grand Cayman" model offers an open floor plan, large living area, eat-in kitchen with island, stainless appliances, and a spacious and level lot with sprinkler system. The owner's suite features a large walk-in closet, ensuite, and plenty of space. Neutral colors and ample light provide a fresh, clean, and comfortable environment. With a tankless water heater, stacked stone and vinyl exterior, and an HOA that covers your lawn care...this low maintenance home is a "dream". Seller is relocating out of area so this exceptionally well maintained beauty is ready for you to make it your own!

Features

Listing courtesy of Keller Williams Realty


Sold Listing #4

502 Olivia Springs Dr

Spartanburg, SC 29302

list: $247,777

sold: $240,000

Residential

MLS®# 307281

Status: Sold Sold: Apr 9, 2024

beds

2

baths

2

sqft

1,162

lot sqft

9,147

days on market

33

year built

2020

Location

County: Spartanburg

Neighborhood: Unknown

School District: 7

Description

Please continue to show... Feels Like Home! The minute you step inside this adorable craftsman style home. It features 2 spacious bedrooms & 2 full baths and two car garage with storage. This home features an open floor design and a split floor plan; which means master is on one side & the guest bedroom is on the other side of the home. The kitchen has plenty of nutmeg cabinetry with slide out shelves, an island, granite countertops and plenty of space for preparing meals. A very nice size laundry room with shelves. There is a flex space that could be used as a dining, office, hobby room or what ever works best for you. This home features a tankless gar water heater. The internet is fiber optic and super high speed with 600 mbs. Enjoy the patio while grilling out with family. The neighborhood has an area to entertain. You can sit by the fire, roast marshmallows or hang out at the picnic tables. There's lots of parking. There is a private road to get to that common area. It's conveniently located in the District 7 near shops, retail stores, grocery stores, gyms, restaurants, churches, schools and so much more. The time change is just around the corner; along with Springs coming up. It'll be a perfect to walk over to the picnic area with friends and sit back & entertain outdoors.Come See-Come Buy! You have nothing to lose but a home to gain! ***Seller would prefer a 2 hour notice***

Features

Listing courtesy of Coldwell Banker Caine Real Est



Comparable Property Statistics

Active Listings: 3

lowest price

$232,000

average price

$242,667

median price

$237,000

highest price

$259,000

average $/sqft

$193

average days on market

41

73 Sunrise Rd

$232,000

81 Sunrise Rd

$237,000

476 Stewart St

$259,000

Pending Listings: 2

lowest price

$224,000

average price

$224,000

median price

$224,000

highest price

$224,000

average $/sqft

$183

average days on market

40

75 Sunrise Rd

$224,000

87 Sunrise Rd

$224,000

Sold Listings: 4

lowest price

$239,900

average price

$252,475

median price

$252,500

highest price

$265,000

average $/sqft

$197

average days on market

65

1125 Spring Morning Ct

$239,900

639 Olivia Springs Dr

$265,000

703 Sweet Sage Ln

$265,000

502 Olivia Springs Dr

$240,000

Off Market Listings: 0


Suggested List Price

$245,297 - $252,475

30 - 90 days