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531 Palmetto St

Spartanburg, SC 29302

4 bd 4 ba 2,096 sqft Built 1941 Lot 9,583 sqft single_family
Most recent sale
$274,900
Jul 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 7, 2022 Sold $274,900 Public Record
May 24, 2022 Relisted $274,900 MLS #289357
Apr 18, 2022 Listed $279,000 MLS #289357
May 5, 2017 Sold $168,000 Public Record
Sep 30, 2014 Sold $168,000 Public Record
Sep 19, 2013 Sold $160,000 Public Record
Oct 17, 2009 Listing removed $169,500 Spartanburg
Jun 18, 2009 Price changed $169,500 MLS #174331
May 21, 2009 Price changed $179,500 MLS #174331
Jan 13, 2009 Listed $184,900 MLS #174331

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $185,600 $64,700 $250,300 $2,922
2023 $185,600 $64,700 $250,300 $2,822
2022 $91,000 $64,700 $155,700 $1,840
2021 $91,000 $64,700 $155,700 $1,841
2020 $91,000 $64,700 $155,700 $1,821
2019 $91,000 $64,700 $155,700 $1,821
2018 $91,000 $64,700 $155,700 $1,821
2017 $80,900 $53,900 $134,800 $1,620
2016 $80,900 $53,900 $134,800 $1,620
2015 $80,900 $53,900 $134,800 $4,034
2014 $80,900 $53,900 $134,800 $1,549
2013 $3,236 $2,156 $5,392 $3,946
2012 $3,064 $2,156 $5,220 $1,438
2011 $3,064 $2,156 $5,220 $1,435
2010 $3,064 $2,156 $5,220 $1,414
2009 $5,982 $3,234 $9,216 $4,315
2008 $2,921 $2,024 $4,945 $793

Property facts

Year built
1941
Property type
single_family
Stories
1
Beds
4
Baths
4
Living area
2,096 sqft
Lot size
9,583 sqft
ZIP code
29302
City
Spartanburg
Street
Palmetto St
Coordinates
34.94725, -81.91427

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,144
Gross rental yield
13.72%
Implied cap rate
8.92%
Trend-extrapolated value

Frequently asked questions

When did 531 Palmetto St last sell?
531 Palmetto St most recently sold on Jul 7, 2022 for $274,900.
What is the current tax assessment for 531 Palmetto St?
The most recent total assessment for 531 Palmetto St (year 2025) is $250,300 with $2,922 in property tax.
How does 531 Palmetto St's assessment compare to its last sale price?
The current assessment is 8.9% below the last sale price of $274,900.
When was 531 Palmetto St built?
531 Palmetto St was built in 1941.
How does 531 Palmetto St compare to others on Palmetto St?
We track 8 other properties on Palmetto St. Browse the list under "Other properties on Palmetto St" to compare beds, baths, and sale history.
What are the property facts for 531 Palmetto St?
531 Palmetto St is a 4 bed, 4 bath, 2,096 sqft, 9,583 sqft lot single_family.
Is 531 Palmetto St a flip candidate?
No — 531 Palmetto St does not appear in our flips dataset.
Is 531 Palmetto St a tax-appeal candidate?
No — 531 Palmetto St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.3%
Implied 1-yr
-5.2%
2026 Q3
$301.7K
2026 Q4
$297.4K
ZIP 29302 — Median Price History + Forecast

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