Comparative Market Analysis

257 Greengate Ln, Spartanburg, SC 29307

Prepared for Steven & Eloise Wise
November 13, 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

257 Greengate Ln

Spartanburg, SC 29307

beds

4

baths

3.0

sqft

2,038


Map of Listings

=Subject A =Active P =Pending S =Sold O =Off Market
Status Address List Price Sold Price Sold Date
257 Greengate Ln
A1 261 Greengate Ln $399,500
A2 107 Kent Pl $460,000
A3 184 Boxwood Ln $320,000
S1 220 Beechwood Dr $369,900 $375,000 Apr 17, 2024
S2 220 Emory Rd $359,900 $347,500 Sep 9, 2024
S3 105 Gable Ct $349,900 $330,000 Jul 10, 2024
S4 510 Fernwood Dr $315,000 $310,000 Oct 25, 2024

Comparable Properties Summary

Active Listings Summary

3 active listings

261 Greengate Ln

beds

3

baths

2.0

list price

$399,500

sqft

2,358

$/sqft

$169

DOM

7

107 Kent Pl

beds

3

baths

3.0

list price

$460,000

sqft

1,946

$/sqft

$236

DOM

159

184 Boxwood Ln

beds

3

baths

2.0

list price

$320,000

sqft

2,053

$/sqft

$156

DOM

5

Active Averages

list price

$393,167

sqft

2,119

$/sqft

$187

DOM

57

Sold Listings Summary

4 sold listings

Sold: Apr 17, 2024

220 Beechwood Dr

beds

3

baths

2.5

list price

$369,900

sold price

$375,000

price %

101.4%

sqft

2,380

$/sqft

$158

DOM

7

Sold: Sep 9, 2024

220 Emory Rd

beds

3

baths

3.0

list price

$359,900

sold price

$347,500

price %

96.6%

sqft

2,312

$/sqft

$150

DOM

89

Sold: Jul 10, 2024

105 Gable Ct

beds

4

baths

3.0

list price

$349,900

sold price

$330,000

price %

94.3%

sqft

2,000

$/sqft

$165

DOM

51

Sold: Oct 25, 2024

510 Fernwood Dr

beds

5

baths

2.0

list price

$315,000

sold price

$310,000

price %

98.4%

sqft

2,436

$/sqft

$127

DOM

50

Sold Averages

list price

$348,675

sold price

$340,625

price %

97.7%

sqft

2,282

$/sqft

$150

DOM

49


Property Details

Active Listing #1

261 Greengate Ln

Spartanburg, SC 29307

$399,500

Residential

MLS®# 317066

Status: Active

beds

3

baths

2

sqft

2,358

lot sqft

45,302

days on market

7

year built

1964

Location

County: Spartanburg

Neighborhood: Unknown

School District: 7

Description

Welcome to this charming brick ranch home in the highly sought-after District 7 schools area! This 3-bedroom, 2-bath residence offers the perfect blend of comfort and convenience. The spacious eat-in kitchen opens to a cozy den, ideal for everyday living. All appliances including the refrigerator will remain for the new owner. Entertain guests in the formal dining room, which seamlessly transitions to a back deck perfect for outdoor gatherings while overlooking a generous backyard which leads to a creek and direct access to a serene walking trail. Shed and playground equipment will convey as-is. The fully finished basement is a standout feature, providing a second large den with a woodburning fireplace, a versatile office/recreational room, laundry area, and ample storage space. You'll enjoy warmth and ambiance with a woodburning fireplace on each level of the home. Located just minutes from the Hillcrest shopping area, local hospitals, and the vibrant downtown Spartanburg scene, including Converse and Wofford Colleges, this home combines tranquil suburban living with urban convenience. Don't miss the chance to make this beautiful home your own!

Features

Listing courtesy of Better Homes & Gardens Young &


Active Listing #2

107 Kent Pl

Spartanburg, SC 29307

$460,000

Residential

MLS®# 312204

Status: Active

beds

3

baths

3

sqft

1,946

lot sqft

21,344

days on market

159

year built

1957

Location

County: Spartanburg

Neighborhood: Unknown

School District: 7

Description

New House in a Mid-Century Modern shell. Established and desirable east side neighborhood; every surface in this gracious family home has been renewed. Basically a brand New house on almost a half acre lot. Amazing, newly tiled bathrooms and a stunning new kitchen. New roof, New flooring, New electrical and fixtures, New plumbing throughout, New hot water heater, New solid surface kitchen, New stainless steel appliances, three New tiled & solid surface luxury bathrooms, New HVAC systems, Newly refurbished wood burning fireplace, New interior and exterior paint, New landscaping and grading. Great outdoor spaces for entertaining, including a new deck, and a new foot bridge over a creek, which takes you to your own private garden. This fabulous home is waiting for a New owner. Check out the available neighboring house. Perfect to create a family compound or bring your friends to be your neighbors!

Features

Listing courtesy of Coldwell Banker Caine Real Est


Active Listing #3

184 Boxwood Ln

Spartanburg, SC 29307

$320,000

Residential

MLS®# 317153

Status: Active

beds

3

baths

2

sqft

2,053

lot sqft

19,166

days on market

5

year built

1979

Location

County: Spartanburg

Neighborhood: Unknown

School District: 7

Description

Charming Renovated Home in Quiet Spartanburg Neighborhood Welcome to 184 Boxwood Lane! This beautifully updated 3-bedroom, 2-bath home offers a perfect blend of modern comfort and spacious living in a family-friendly, quiet cul-de-sac on Spartanburg’s desirable East Side. Key Features: Open Floor Plan: High ceilings and new LVP flooring create a bright, airy living space. Updated Kitchen: Enjoy new countertops, sink, and updated appliances complete with see through french door fridge Recent Upgrades: New roof, siding, HVAC, and fresh paint throughout. Private Backyard: The almost half acre lot backs up to Cottonwood Trail, offering a peaceful setting with a mostly fenced in yard. Move-In Ready: Fresh landscaping and new sod complete the home. Great Location: Top-Rated Schools: Just minutes from Jesse Boyd Elementary and McCracken Middle School. Convenient Amenities: Close to Hillcrest Shopping Center and all that Spartanburg’s East Side has to offer. Quiet, Family-Friendly Neighborhood: A serene, low-traffic cul-de-sac that is ideal for peaceful living. This home is perfect for growing families who want space to live, play, and entertain. With its modern updates, spacious yard, and excellent location, it’s a rare find in this sought-after neighborhood. This home won’t last long! Schedule a showing today!

Features

Listing courtesy of Gramling Real Estate LLC


Sold Listing #1

220 Beechwood Dr

Spartanburg, SC 29307

list: $369,900

sold: $375,000

Residential

MLS®# 308857

Status: Sold Sold: Apr 17, 2024

beds

3

baths

2.5

sqft

2,380

lot sqft

32,670

days on market

7

year built

1962

Location

County: Spartanburg

Neighborhood: Unknown

School District: 7

Description

Do not miss out on this 3 bedroom, 2.5 bath Eastside gem that exudes style, and character located in the sought-after Fernwood neighborhood within steps from the Cottonwood Trail (116-acre Urban Preserve with walking/biking trails) conveniently located in close proximity to shopping, dining, groceries, the thriving downtown area, and major hospital systems. This home sits on a large .75-acre lot with mature landscaping and offers a screened-in porch and patio for seating outside to enjoy it all. As you enter the home through the front porch, you are welcomed into the spacious foyer that opens into the 23x14 formal living room with wood burning fireplace with ample amounts of windows for plenty of natural lighting. There is a large opening into the dining room that connects to the kitchen. The eat-in kitchen offers so much character with the built-in cabinets along the exposed brick wall with gas fireplace, but also offers modern day touches such as quartz countertops, custom pull out drawers, double ovens, new stainless-steel appliances and open floor plan! There is den right off of the kitchen that will become one of your favorite places to entertain. It has built-in bookshelves, desk area and there is a closet that has been converted into a wet bar! Access to the screen porch can be found right off of the den. This home has so much storage space with 4 closets throughout the hall! One of which is a pantry with more custom pull out drawers. Down the hall is a 14x11 bedroom with a spacious closet, and the 14x14 second bedroom has two closets which take up the entire wall! The hall bath boasts double vanities, linen closet and tub/shower combo. The 14x12 third bedroom is near the back of the home and offers an attached renovated bathroom with pedestal sink and walk-in shower! Downstairs has HUGE amounts of storage in the partially finished walkout basement. There is a great bonus space that could be a playroom, workout, rec space with built-in cabinets. Adjoining is a spacious walk-in laundry area with shelving and sink. If the future buyer would prefer an upstairs laundry, there is a commendation in one of the closets for a stackable unit. Off of the laundry is a walk-in 18.10 x 12.4 utility room! The walk-in laundry and utility room are not included in the 2380 sq ft. Some additional information that future buyers would appreciate is a new gutter system was added in 2021, new electrical panel installed in 2021, all new appliances in 2021, new ceiling fans and recessed lighting was installed in 2023, a garage door belt drive was installed in 2023 that reduces noise for the bedroom above. The garage door was insulated to reduce noise and also save on energy cost in winter and summer months. There has been new paint throughout the entire home walls and ceilings! The main level offer hardwood floors and ceramic tile with no carpet and smooth ceilings! There is plenty of parking to be found in the two-car garage and an additional parking pad in the back of the home! Must see this home to appreciate all its style/character, storage and modern-day upgrades it has to offer!

Features

Listing courtesy of Ellison Real Estate Co. LLC


Sold Listing #2

220 Emory Rd

Spartanburg, SC 29307

list: $359,900

sold: $347,500

Residential

MLS®# 309699

Status: Sold Sold: Sep 9, 2024

beds

3

baths

3

sqft

2,312

lot sqft

20,473

days on market

89

year built

1969

Location

County: Spartanburg

Neighborhood: Unknown

School District: 7

Description

Updated Cottage in Fernwood! Freshly painted exterior trim, siding, and wrap around deck with a beautifully landscaped lot. This home has an open floorplan with raised/beamed ceilings in the great room with a central stone gas log fireplace. The kitchen has an eat-in breakfast/dining area with two sets of French doors leading out to the wraparound deck. Updates to the kitchen include solid surface countertops and stainless steel appliances including a brand new slide in range and hood. Each of the three bedrooms has an updated ceramic tiled bathroom with the primary bathroom having a soaking tub overlooking the private back garden. The primary bedroom also has a large sitting room with double closets. This home features lots of natural lighting and hardwood floors throughout most rooms. The roof was replaced in ~ 2020 with the HVAC being replaced in ~ 2022. Fernwood is located just minutes from Hillcrest and downtown area shopping, restaurants, entertainment, and amenities including the Cottonwood Trail. Nearby schools include Pine Street Elementary School, McCracken Middle School, and the newer Spartanburg High School, all located just a few minutes away. Schedule your private showing and come see this home today before it’s too late!

Features

Listing courtesy of PACK AND COMPANY REAL ESTATE


Sold Listing #3

105 Gable Ct

Spartanburg, SC 29307

list: $349,900

sold: $330,000

Residential

MLS®# 309664

Status: Sold Sold: Jul 10, 2024

beds

4

baths

3

sqft

2,000

lot sqft

17,424

days on market

51

year built

1990

Location

County: Spartanburg

Neighborhood: Unknown

School District: 7

Description

Beautiful 4 bedroom 3 bath home on the eastside of Spartanburg. 4 car garage, large lot in an established subdivision. Screen porch and one bedroom and one full bath downstairs. Master upstairs with 2 more bedrooms.

Features

Listing courtesy of Coldwell Banker Caine Real Est


Sold Listing #4

510 Fernwood Dr

Spartanburg, SC 29307

list: $315,000

sold: $310,000

Residential

MLS®# 311940

Status: Sold Sold: Oct 25, 2024

beds

5

baths

2

sqft

2,436

lot sqft

27,007

days on market

50

year built

1956

Location

County: Spartanburg

Neighborhood: Unknown

School District: 7

Description

Nestled in the desirable Fernwood neighborhood, this charming home offers the perfect blend of comfort, convenience,and outdoor living. Step inside and be greeted by a warm and inviting interior, where natural light dances through spacious rooms. The expansive primary bedroom features a generous closet, providing a serene retreat at the end of the day. The main bathroom, with its walk-in shower and stylish butcher block countertops, adds a touch of modern elegance. Outside, your private oasis awaits. Relax and unwind on the expansive patio, perfect for al fresco dining and entertaining.Take a refreshing dip in the inviting in-ground pool, complete with a fully plumbed pool house for added convenience.Lush, mature trees create a tranquil atmosphere, where you can escape the hustle and bustle of everyday life. Beyond the comforts of home, you'll find yourself just moments away from a vibrant array of local amenities. Explore charming boutiques, savor delicious meals at nearby restaurants, and enjoy easy access to grocery stores for all your daily needs. Don't miss this opportunity to make this Fernwood gem your own and experience the lifestyle you've been dreaming of.

Features

Listing courtesy of BHHS C Dan Joyner - Sptbg



Comparable Property Statistics

Active Listings: 3

lowest price

$320,000

average price

$393,167

median price

$399,500

highest price

$460,000

average $/sqft

$187

average days on market

57

261 Greengate Ln

$399,500

107 Kent Pl

$460,000

184 Boxwood Ln

$320,000

Pending Listings: 0

Sold Listings: 4

lowest price

$310,000

average price

$340,625

median price

$338,750

highest price

$375,000

average $/sqft

$150

average days on market

49

220 Beechwood Dr

$375,000

220 Emory Rd

$347,500

105 Gable Ct

$330,000

510 Fernwood Dr

$310,000

Off Market Listings: 0


Suggested List Price

$340,625 - $367,743

45 - 120 days