501 London Ave

Lake City, South Carolina, 29560

Redeemable DeedpendingSells Oct 6, 2026 · in 4 days

View on map ↗

Opening bid

—

Assessed value

$98

Land $0Improvement $98

Market / AVM

$103,000

Taxes owed

—

Parcel number: 27000-42-062
Case number: —
Land use: Mobile Home
Building: 784 sqft
Acreage: 0.27
Lot size: 11,610 sqft
Year built: 1990
Owner of record: Georgetta Hannah

Property facts enriched via realestateapi · 9/29/2026

Aerial view of 501 London Ave — the parcel

Aerial view of 501 London Ave — what is around it

Property detail

RealEstateAPI PropertyDetail · Every populated field, as returned · 82 values

Summary(9)

Id	700,122,864,690
Free clear	Yes
High equity	Yes
Mobile home	Yes
Property type	MOBILE
Equity percent	100
Estimated value	$103,000
Last update date	2026-09-23 00:00:00 UTC
Estimated equity	$103,000

Lot info

County records

Official appraiser / assessor — free, always available. Copy the parcel number if the link opens a search page.

Florence County assessor ↗search: 27000-42-062
Recorded Document Search ↗search: 27000-42-062
Google Maps (parcel / address search) ↗

Florence County rules

Sale type: Tax Lien
Redemption: 1 year from sale (12 months)
Return if redeemed: 3–12% per annum depending on when redeemed, tiered quarterly
Statute: South Carolina Code Title 12, Ch. 51

Full county profile →

Historical comps

No historical bucket for SC|Redeemable Deed

No recorded comps yet for this state/sale type. Run deedpilot-copilot import-history --deep and build-history-index.

Index 2026-08-01 · 87,879 total recorded outcomes

Liens that survive

County states a tax sale does not erase liens currently attached — they may stay on the tax title. Federal liens require independent analysis. No possession until tax deed issues after redemption (~deed recording around March following the year-and-a-day window).

Quiet title

Tax deed is not a clear/warranty deed; county notes clearing often requires attorney and Master in Equity after the second year.

Verify before you bid

This record was compiled from the published sale list. Parcels are pulled, redeemed, and re-priced up to the moment of sale. Confirm the lot is still in the sale, and confirm the opening bid, directly with the county.

Florence County Office of Delinquent Tax ↗

Deal analysis

Your maximum bid

$56,502

Walk away above this. Projected profit at the ceiling: $30,900 (30% of ARV).

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$50,852

Under max by $5,650

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for SC|Redeemable Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $103,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $103,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$8,240
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical SC range ($1,800–$5,000, ~5 months).: −$3,400
Deed recording and transferassumed Typical SC recording and deed issuance cost.: −$250
Holding costs (24 months)assumed Taxes, insurance, and securing the property at ~$155/month.: −$3,708
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$30,900
Maximum bid: $56,502

If the owner redeems

Flat penalty

You'd receive

$1,695

Window

365 days

A 3% flat penalty applies if the owner redeems. It is a penalty, not annual interest — the rate does not change with how early they redeem.

Quoted elsewhere as 12% annualised — true only if they redeem on the last possible day and you immediately redeploy the capital. Treat the flat penalty as the real number.

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. THE PENALTY IS CAPPED AT THE OPENING BID. § 12-51-90 provides that interest due on redemption may not exceed the forfeited land commission's bid under § 12-51-55 — roughly taxes plus costs. The tiers above are therefore a ceiling reached only by a bid at or near the minimum; a purchase at several times the minimum collects the same capped sum, so the effective yield falls as the premium rises.
South Carolina's ratio depends on the property's CLASS, and this entry uses the 6% residual. A parcel actually carrying the 4% legal-residence ratio will have its ARV understated by a third here, which is the safe direction. A manufacturing or utility parcel assessed at 10.5% is the dangerous one: dividing by 0.06 overstates its value by roughly 1.75x. Confirm the class on the assessor's record before bidding on anything that is not ordinary residential or commercial land.

AI risk brief

Reads this parcel against FlorenceCounty's rules and flags what could go wrong — surviving liens, redemption exposure, title cost, and the facts we don't have. Takes about 35 seconds; the result is saved, so opening this lot again is instant.

700,122,864,690

Free clear

Yes

High equity

Yes

Mobile home

Yes

Property type

MOBILE

Equity percent

100

Estimated value

$103,000

Last update date

2026-09-23 00:00:00 UTC

Estimated equity

$103,000

Deal analysis

Your maximum bid

$56,502

Walk away above this. Projected profit at the ceiling: $30,900 (30% of ARV).

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$50,852

Under max by $5,650

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for SC|Redeemable Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $103,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $103,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$8,240
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical SC range ($1,800–$5,000, ~5 months).: −$3,400
Deed recording and transferassumed Typical SC recording and deed issuance cost.: −$250
Holding costs (24 months)assumed Taxes, insurance, and securing the property at ~$155/month.: −$3,708
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$30,900
Maximum bid: $56,502

If the owner redeems

Flat penalty

You'd receive

$1,695

Window

365 days

A 3% flat penalty applies if the owner redeems. It is a penalty, not annual interest — the rate does not change with how early they redeem.

Quoted elsewhere as 12% annualised — true only if they redeem on the last possible day and you immediately redeploy the capital. Treat the flat penalty as the real number.

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. THE PENALTY IS CAPPED AT THE OPENING BID. § 12-51-90 provides that interest due on redemption may not exceed the forfeited land commission's bid under § 12-51-55 — roughly taxes plus costs. The tiers above are therefore a ceiling reached only by a bid at or near the minimum; a purchase at several times the minimum collects the same capped sum, so the effective yield falls as the premium rises.
South Carolina's ratio depends on the property's CLASS, and this entry uses the 6% residual. A parcel actually carrying the 4% legal-residence ratio will have its ARV understated by a third here, which is the safe direction. A manufacturing or utility parcel assessed at 10.5% is the dangerous one: dividing by 0.06 overstates its value by roughly 1.75x. Confirm the class on the assessor's record before bidding on anything that is not ordinary residential or commercial land.

Apn	27000-42-062
Land use	Mobile Home
Lot acres	0.27
Property use	Mobile/Manufactured Home (Regardless Of Land Ownership)
Lot depth feet	141
Lot width feet	87.4
Lot square feet	11,610
Apn unformatted	2700042062
Legal description	1990 OAKWOOD 14X56

Year	2,024
Tax amount	$114
Property id	700,122,864,690
Market value	$2,463
Assessed value	$98
Assessment year	2,024
Market improvement value	$2,463
Assessed improvement value	$98

Owner1 type	Individual
Owner2 type	Other
Mail address · zip	29560
Mail address · city	Lake City
Mail address · fips	45041
Mail address · zip4	3813
Mail address · house	501
Mail address · label	501 London Ave, Lake City, SC 29560
Mail address · state	SC
Mail address · county	Florence County
Mail address · street	London
Mail address · address	501 London Ave
Owner1 full name	Georgetta Hannah
Owner1 last name	Hannah
Owner1 first name	Georgetta

Address · zip	29560
Address · city	Lake City
Address · fips	45041
Address · house	501
Address · label	501 London Ave, Lake City, SC 29560
Address · state	SC
Address · county	Florence County
Address · street	London
Address · address	501 London Ave
Address · street type	Ave
Address · jurisdiction	Florence County
Deck area	0
Latitude	33.85800095712428
Pool area	0
Longitude	-79.75598323211503
Patio area	0
Year built	1,990
Rooms count	0
Units count	0
Property use	Mobile Home
Basement type	NO BASEMENT
Lot square feet	12,323
Parking spaces	0
Buildings count	0
Property use code	373
Garage square feet	0
Living square feet	784
Partial bathrooms	0
Basement square feet	0
Building square feet	784
Price per square foot	0
Plumbing fixtures count	0
Basement square feet finished	0
Basement square feet unfinished	0

Ids	700122864690, 700122562004
Total owned	2
Total value	$288,000
Total equity	$288,000
Purchased last6mos	0
Purchased last12mos	0