0247000505600

South Carolina

Tax LienpendingSells Oct 15, 2026 · in 33 days

Sale list only has parcel # and opening bid

The clerk published a thin list — not a PropStream-style property card. Max bid needs an after-repair value: enter comps below, open the county appraiser, or fetch details if a property API key is configured.

Opening bid

$845

Assessed value

—

Land $4,800

Market / AVM

$4,800

Taxes owed

—

Parcel number: 0247000505600
Case number: —
Land use: —
Building: —
Acreage: —
Lot size: —
Year built: —
Owner of record: FRANKLIN LANDIS

Property facts enriched via cadastre · 8/14/2026

Aerial view of parcel 0247000505600 — the parcel — Aerial imagery from the USGS National Map. Flown on a multi-year cycle — it shows the site as photographed, which may predate clearing, construction or demolition. Not evidence of current condition.

Aerial view of parcel 0247000505600 — what is around it — Aerial imagery from the USGS National Map. Flown on a multi-year cycle — it shows the site as photographed, which may predate clearing, construction or demolition. Not evidence of current condition.

County records

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

Greenville County GIS / real property ↗search: 0247000505600
Greenville real property search ↗search: 0247000505600
Google Maps (parcel / address search) ↗

Greenville 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|Tax Lien

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

Tax deed conveys the interest the county held; not a warranty deed. Mortgages and other liens may be affected by SC tax sale statutes but federal tax liens and title defects require independent legal analysis. No use of property until tax deed issues after redemption period.

Quiet title

Commonly required for marketable insured title after SC tax deed; redemption-period cloud and notice issues drive litigation risk.

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.

Greenville County Tax Collector ↗

Deal analysis

Your maximum bid

-$2,474

Do not bid — the numbers do not clear your margin.

Opening bid $845

Room to bid -$3,319

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

History-guided suggestion

Pass

History + oracle say stay out or wait — do not chase.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for SC|Tax Lien; suggestion uses oracle only.
Oracle says no-bid — suggestion is pass.

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 $4,800. 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: $4,800
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$384
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 ~$75/month.: −$1,800
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): −$1,440
Maximum bid: -$2,474

If the owner redeems

Flat penalty

You'd receive

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.
Costs exceed what the property can support at your target margin. There is no bid at which this clears.

AI risk brief

Reads this parcel against GreenvilleCounty'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.