NOT LISTED FOR SALE

487 Tall Ship Dr Unit 324 Salem, SC 29676

Estimated Value: $406,142 - $565,000

2 Beds
2 Baths
1,462 Sq Ft
697 Sq Ft Lot

Last Sold May 07, 2021

Last sale price $304,500 $208 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,811/month

3 Days on Market

Highlights

  • Boat Dock
  • On Golf Course
  • Fitness Center
  • Walhalla Middle School Rated A-
  • Boat Ramp
  • Gated Community

About This Home

As of May 2021

A beautiful and completely updated Keowee Key Tall Ship condo on the 3rd floor of the Cutter Building. The photos are not professional but the home is! The owner's parking space is #17. Since purchasing this home, the owner has repainted throughout. The fireplace was changed from wood-burning to an electric fireplace, the firebox and doors redone. The electric fireplace works with a remote with excellent heating capability. The blower and the timer allow the owner to enjoy the ambiance of a soft fire without the rigors of a wood fire. Both the guest bath and the Master Bath are beautifully renovated. Behind the barn-doors, a custom office is just about complete with upper and lower cabinets awaiting installation with a granite desk top and should be completed by the end of April. The special assessment has been paid and the 3rd floor location is perfect with the sounds of the pond water feature and the walking trail and lake just steps away. Seasonal water views. Sold furnished with the exception of a few pieces that the owner brought with her including a corner secretary in the living room along with two chairs and the pictures and the tv in the Master bedroom. The new firepit on the wood-plank tiled floor on the balcony create a cozy setting for entertaining guests. Pull out slides were added to some of the kitchen cabinets. This home is ready for you! The N. Gate entrance allows for convenient access to the North Marina, salt-water pool, Lakeview Room, and the coveted waterfront leisure trail. Keowee Key is a sought after gated, waterfront, golf, pickleball, tennis community with an array of amenities that are the envy of other gated communities. The fitness center is state of the art. There are a total of three pools, one which is an indoor, heated pool. Fitness center classes, dog park, The Bistro and The Club provide wonderful opportunities to gather for your dining pleasure. Two private marinas and private beaches are all yours! The annual Keowee Key fees for 2021 are $4,408 annually. The Tall Ship "regime fees" are $3,400 annually and billed quarterly at $850.00 per quarter. The new owners will pay a one time fee of $3,200 to Keowee Key at closing and $1,500 to Tall Ships. New roofs are being installed on all of the Tall Ship Condominiums. The Cutter building is the youngest and the new roof will be installed last. Currently, the roofs are already installed on the Clipper Building and moving counter-clockwise towards the Cutter Building. The information provided is believed to be accurate and buyers should verify the information provided.

Last Agent to Sell the Property

The Cason Group

Keller Williams Seneca Listed on: 04/07/2021

Keller Williams Seneca

Last Buyer's Agent

Luxury Lake Living Team

Kw Luxury Lake Living

Kw Luxury Lake Living

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $538

Year Built

  • Built in 1988

Lot Details

  • Waterfront
  • On Golf Course

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Synthetic Stucco Exterior

Interior Spaces

  • 1,462 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Bay Window
  • Living Room
  • Dishwasher
  • Basement

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Shower Only
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Boat Ramp
  • Balcony

Schools

  • Keowee Elementary School
  • Walhalla Middle School
  • Walhalla High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Underground Utilities
  • Private Water Source
  • Private Sewer
  • Cable TV Available

Additional Features

  • Low Threshold Shower
  • Outside City Limits

Listing and Financial Details

  • Assessor Parcel Number 111-18-01-108

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include golf, pool(s), recreation facilities, security
  • Keowee Key Subdivision

Amenities

  • Common Area
  • Sauna
  • Clubhouse
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Facilities
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$538

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Directions: Located in the Cutter Building , #487, the unit is the 3rd floor right corner. The parking space for this condo is #17. The Square Rigger and Cutter Bldgs. provide the most visitor parking spaces.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • ResoCommunityFeatures: Boat Facilities, Common Grounds/Area, Clubhouse, Dock, Fitness Center, Golf, Gated, Playground, Pool, Sauna, Storage Facilities, Tennis Court(s), Trails/Paths, Water Access, Lake
  • ResoLotFeatures: Outside City Limits, On Golf Course, Subdivision, Waterfront, Interior Lot
  • Water Body Name: Keowee
  • MLS Status: Closed
  • Subdivision Name: Keowee Key
  • Above Grade Finished Sq Ft: 1462.0
  • Reso Accessibility Features: Low Threshold Shower
  • Architectural Style: Contemporary
  • Unit Levels: One
  • Living Area: 1462.0
  • ResoRoomType: Living Room, Other
  • Reso Window Features: Bay Window(s)
  • Year Built Details: 31-50 Years
  • Year Built: 1988
  • Property Sub Type Additional: Condominium
  • General Property Information Below Grade Unfinished Area: 10.0
  • Special Features: None
  • Year Built: 1988

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Other, See Remarks
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Fireplace, Bath in Primary Bedroom, Shower Only, Cable TV, Upper Level Primary, Walk-In Closet(s), Walk-In Shower
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 1

Exterior Features

  • Exterior Features: Balcony, Paved Driveway
  • Roof: Architectural, Shingle
  • Horse: No
  • Pool Features: Community
  • Waterfront Features: Boat Ramp/Lift Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Synthetic Stucco
  • Foundation Details: Basement
  • Patio And Porch Features: Balcony

Garage/Parking

  • Attached Garage: No
  • Parking Features: None, Driveway

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • HeatingYN: Yes
  • Sewer: Private Sewer
  • Utilities: Electricity Available, Cable Available, Underground Utilities
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Golf, Pool(s), Recreation Facilities, Security

Schools

  • Elementary School: Keowee Elem
  • High School: Walhalla High
  • Middle Or Junior School: Walhalla Middle

Lot Info

  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Parcel #: 111-18-01-108
  • Tax Year: 2020
  • Tax Annual Amount: 538.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 7, 2021
Sold by
Frantz Terrie D
Bought by
Grant Cheryl E and The Cheryl E Grant Trust
Seller's Agent
The Cason Group
Keller Williams Seneca
Buyer's Agent
Luxury Lake Living Team
Kw Luxury Lake Living
List Price
$292,000
Sold Price
$304,500
Premium/Discount to List
$12,500
4.28%
Current Estimated Value
$469,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,786
Avg. Annual Appreciation
9.75%

Purchase Details

Closed on
Aug 19, 2020
Sold by
Charlton James R and Charlton Cindy
Bought by
Frantz Terrie D

Purchase Details

Closed on
Jun 15, 2015
Sold by
Schoebel Frank H and Schoebel Lisabeth A
Bought by
Charlton James R and Charlton Cindy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grant Cheryl E $304,500 None Available
Frantz Terrie D $199,900 None Available
Charlton James R $85,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $304,500 +4.3% $208 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $292,000 -- $200 / Sq Ft
Source: Western Upstate Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,223 $12,110 $0 $12,110
2024 $4,223 $12,110 $0 $12,110
2023 $4,223 $12,110 $0 $12,110
2022 $4,277 $12,110 $0 $12,110
2021 $1,556 $7,872 $0 $7,872
2020 $1,556 $4,281 $0 $4,281
2019 $1,556 $0 $0 $0
2018 $1,518 $0 $0 $0
2017 $1,473 $0 $0 $0
2016 $1,473 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $6,422 $0 $6,422
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Upstate Multiple Listing Service

MLS Number: 20238061

Western Upstate Multiple Listing Service

APN: 111-18-01-108