Investment Potential for 514 Massachusetts Blvd

The property has a current estimated value of $122,080, which is 17% below the neighborhood median, based on public records. It last sold on December 01, 2022 for $20K. Projected long-term

is $11,400 annually ($950 per month) with a 85% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$20,000

Sold December 01, 2022

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$122K

($113K - $131K)

17% below neighborhood median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$******

View Forecast

Discover more Single Family Homes in Park Hills.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$11,400 per year($950 per month)

$****View Operating Expenses

Net Operating Income

$****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

85%in 29306 zip code

View Rental Potential

Owners & Occupancy for 514 Massachusetts Blvd

No contact information is available.

Occupancy

******

View Occupancy

Appreciation Since Purchased

$102,080

Purchased December 01, 2022

Number of Residents

3

Occupancy

Current Occupancy	******View Occupancy
Resident 1	***********
Resident 2	****************
Resident 3	****************** age 35

Property Details for 514 Massachusetts Blvd

Property Age

75 years

(Remodeled 1950)

3 years older than neighborhood median

Property Details

Property Sq Ft

Living Area

1,025 sq ft

19% below market

Lot Size

12,000 sq ft

14% below market

Price Per Sq Ft

Living Area

$119 / sq ft

4% above market

Lot Size Area

$10 / sq ft

0% above market

Property Information

Property condition, age, exterior, etc. for 514 Massac…

Land & Location Information

Longitude: -81.94598 Latitude: 34.927414 Parcel Number (APN): 7-16-09-077.00…

Recommended Properties in Park Hills

Discover more single family homes near 514 Massachusetts Blvd in Spartanburg, South Carolina. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Owner Age 65 - 75
$106K - $119K
Est. Value
207 Belmarc Dr, Spartanburg, SC 29301
3 beds · 1 baths · 1,380 sq ft · Built: 1955
Equity Status
$165K - $179K
Est. Value
146 Briarwood Rd, Spartanburg, SC 29301
3 beds · 2 baths · 1,404 sq ft · Last Sold: $155,000 in 2021 · Built: 1951
Owner Age 65 - 75
$90K - $97.5K
Est. Value
536 Hilda St, Spartanburg, SC 29306
3 beds · 1 baths · 1,080 sq ft · Built: 1955
High Demand Long-Term Rental
$133K - $147K
Est. Value
125 White Oak Rd, Spartanburg, SC 29301
3 beds · 1 baths · 991 sq ft · Built: 1946
Equity Status
$150K - $163K
Est. Value
98 Winton Ct, Spartanburg, SC 29306
3 beds · 1 baths · 1,356 sq ft · Built: 1962
Valued above Market Median
$220K - $244K
Est. Value
403 Allison Dr, Spartanburg, SC 29306
3 beds · 2 baths · 2,310 sq ft · Built: 1900
Good value per sqft
$197K - $226K
Est. Value
106 Foxcross Rd, Spartanburg, SC 29301
3 beds · 3 baths · 2,656 sq ft · Built: 1962
Large Lot Advantage
$245K - $268K
Est. Value
164 Gordon Dr, Spartanburg, SC 29301
3 beds · 1 baths · 2,114 sq ft · Built: 1963
Equity Status
$162K - $184K
Est. Value
136 White Oak Rd, Spartanburg, SC 29301
3 beds · 2 baths · 1,388 sq ft · Last Sold: $48,000 in 2014 · Built: 1947
Large Lot Advantage
$168K - $192K
Est. Value
129 Overbrook Cir, Spartanburg, SC 29306
3 beds · 1 baths · 1,526 sq ft · Built: 1953
Owned for 5 - 10 Years
$115K - $135K
Est. Value
115 W Victoria Rd, Spartanburg, SC 29301
3 beds · 1 baths · 1,125 sq ft · Last Sold: $68,000 in 2018 · Built: 1945
Owner Age Above 75
$145K - $160K
Est. Value
105 Wrightson Ave, Spartanburg, SC 29306
3 beds · 1 baths · 1,041 sq ft · Built: 1952
Valued above Market Median
$187K - $211K
Est. Value
142 Briarwood Rd, Spartanburg, SC 29301
3 beds · 2 baths · 1,879 sq ft · Built: 1951
Equity Status
$168K - $183K
Est. Value
174 Gordon Dr, Spartanburg, SC 29301
3 beds · 2 baths · 1,503 sq ft · Last Sold: $144,227 in 2019 · Built: 1962
Equity Status
$147K - $161K
Est. Value
119 Coldbrook Dr, Spartanburg, SC 29306
3 beds · 1 baths · 1,038 sq ft · Last Sold: $65,000 in 2019 · Built: 1950
Equity Status
$139K - $150K
Est. Value
121 W Victoria Rd, Spartanburg, SC 29301
3 beds · 1 baths · 1,470 sq ft · Last Sold: $140,000 in 2022 · Built: 1956
Equity Status
$146K - $159K
Est. Value
417 Crestview Dr, Spartanburg, SC 29306
3 beds · 1 baths · 1,092 sq ft · Last Sold: $145,000 in 2022 · Built: 1956
Owner Age Above 75
$158K - $173K
Est. Value
170 Marlboro Rd, Spartanburg, SC 29301
3 beds · 1 baths · 1,386 sq ft · Built: 1940
Equity Status
$128K - $142K
Est. Value
340 Merideth Cir, Spartanburg, SC 29306
3 beds · 1 baths · 1,056 sq ft · Last Sold: $3,050,000 in 2021 · Built: 1953
Valued above Market Median
$173K - $193K
Est. Value
112 E Crescent Rd, Spartanburg, SC 29301
3 beds · 1 baths · 1,380 sq ft · Last Sold: $95,000 in 2023 · Built: 1950

Market Benchmarks

Compare data for 514 Massachusetts Blvd in Spartanburg County to the median in the neighborhood area and surrounding markets, where available.

View neighborhood benchmarks

Property

Neighborhood

Difference

State

Difference

$122,080

$146,507

-$24,427 (-17%)

$267,751

-$145,672 (-54%)

$******

$********

$****** (****%)

$383,826

-$196,501 (-51%)

YoY Price Change

****%

1.08%

-441%

Year Built

1950

1953

-3 years

1993

-43 years

Living Space

1,025 sq ft

1,260 sq ft

-235 (-19%)

1,640 sq ft

-615 (-38%)

$ Per Living Sq Ft

$119

$115

$5 (4%)

$161

-$42 (-26%)

Lot Size

12,000 sq ft

13,939 sq ft

-1939 (-14%)

15,682 sq ft

-3682 (-23%)

$ Per Lot Sq Ft

$10

$0 (0%)

$21

-$11 (-52%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$****

$***** (****%)

$15,570

-$8,025 (-52%)

Annual Revenue

$11,400

$13,200

-$1,800 (-14%)

$21,000

-$9,600 (-46%)

$****

$* (****%)

$4,954

-$1,099 (-22%)

Net Operating Income

$****

$***** (****%)

$15,570

-$8,025 (-52%)

Cap Rate

****%

—

5.46%

—

View Neighborhood Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Property Condition	****View Condition
Property Type	Single Family Home
Total Bedrooms	3
Total Bathrooms	1
Year Built	1950
Building Sq Ft	1,025 sq ft
Lot Size	0 Acres
Living Space	1,025 sq ft
Roof Covering	Composition Shingle
Fireplace	Yes
Sewer	Public

APN	7-16-09-077.00
Census Tract	0207012010
County	Spartanburg
Subdivision	J C Brodie
Neighborhood	Park Hills
Longitude / Latitude	-81.94598 / 34.927414
Lot Size	12,000 sq ft

514 Massachusetts Blvd Spartanburg, SC 29306

property value

$122,080

neighborhood valuation

$146,507

market valuation

$163,875

investment intelligence

Investment Potential for 514 Massachusetts Blvd

rental income

property appreciation

Last Sale Amount

$20,000

property value

$122K

($113K - $131K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 514 Massachusetts Blvd

Occupancy

Appreciation Since Purchased

$102,080

Number of Residents

3

Occupancy

Property Details for 514 Massachusetts Blvd

Property Age

75 years

(Remodeled 1950)

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Recommended Properties in Park Hills

$106K - $119K

Est. Value

207 Belmarc Dr, Spartanburg, SC 29301

3 beds · 1 baths · 1,380 sq ft · Built: 1955

$165K - $179K

Est. Value

146 Briarwood Rd, Spartanburg, SC 29301

3 beds · 2 baths · 1,404 sq ft · Last Sold: $155,000 in 2021 · Built: 1951

$90K - $97.5K

Est. Value

536 Hilda St, Spartanburg, SC 29306

3 beds · 1 baths · 1,080 sq ft · Built: 1955

$133K - $147K

Est. Value

125 White Oak Rd, Spartanburg, SC 29301

3 beds · 1 baths · 991 sq ft · Built: 1946

$150K - $163K

Est. Value

98 Winton Ct, Spartanburg, SC 29306

3 beds · 1 baths · 1,356 sq ft · Built: 1962

$220K - $244K

Est. Value

403 Allison Dr, Spartanburg, SC 29306

3 beds · 2 baths · 2,310 sq ft · Built: 1900

$197K - $226K

Est. Value

106 Foxcross Rd, Spartanburg, SC 29301

3 beds · 3 baths · 2,656 sq ft · Built: 1962

$245K - $268K

Est. Value

164 Gordon Dr, Spartanburg, SC 29301

3 beds · 1 baths · 2,114 sq ft · Built: 1963

$162K - $184K

Est. Value

136 White Oak Rd, Spartanburg, SC 29301

3 beds · 2 baths · 1,388 sq ft · Last Sold: $48,000 in 2014 · Built: 1947

$168K - $192K

Est. Value

129 Overbrook Cir, Spartanburg, SC 29306

3 beds · 1 baths · 1,526 sq ft · Built: 1953