NOT LISTED FOR SALE

487 Tall Ship Dr Salem, SC 29676

Estimated Value: $380,000 - $415,000

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

Last Sold July 25, 2023

Last sale price $302,640 $207 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,443/month

9 Days on Market

Highlights

  • Golf Course Community
  • Community Boat Facilities
  • Boat Ramp
  • Walhalla Middle School Rated A-
  • Water Access
  • Fitness Center

About This Home

As of July 2023

BACK ON THE MARKET DUE TO NO FAULT OF THE PROPERTY OR SELLER. Enjoy seasonal lake views from this desirable 3rd floor condo. This well maintained and beautiful 2 bedroom/2 bath condo is located in the Tall Ship condos inside the gated community of Keowee Key near the North Marina. Close to the salt water pool and leisure trail, this condo is a great find! The primary bathroom has been updated and the second bathroom has a newer vanity. Tiled entry with Bamboo flooring in the kitchen and carpeting in the other rooms. Enjoy the 8' x 13' patio balcony with access from the living room or the primary bedroom. A perfect spot to enjoy your morning coffee or afternoon cocktails outdoors but in private. Please visit and for complete details. New Buyer fees collected at closing include the Keowee Key New Owner Capital Assessment of $3,860 and the Tall Ship New Owner transfer fee of $3,000.00. The Keowee Key POA and Tall Ships Associated fee sheets are posted in the listing supplements. 2023 KKPOA Owners Fees are $4,890 per year billed monthly. The Tall Ship annual regime fee is $4,200 per year and is billed quarterly. The full list of the Keowee Key POA and Tall Ships Associated fee sheets are posted in the listing supplements. Tall Ship condos are managed by Foothills Property Management. THERE IS NO BALANCE DUE ON THE TALL SHIP SPECIAL ASSESSMENT/CONSTRUCTION LOAN FOR THIS UNIT. IT HAS BEEN PAID IN FULL – THIS IS A SIGNIFICANT SAVINGS FOR THE NEW BUYER.

Last Agent to Sell the Property

Charles Gouge

Keller Williams Seneca License #117131 Listed on: 06/01/2023

Keller Williams Seneca

Last Buyer's Agent

Dave Chamblee

Anderson Area Properties License #5859

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $311

Year Built

  • Built in 1988

Lot Details

  • 653

Home Design

  • Synthetic Stucco Exterior

Interior Spaces

  • 1,462 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Basement

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Water Access
  • Boat Ramp
  • Balcony

Location

  • Outside City Limits

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

Listing and Financial Details

  • Assessor Parcel Number 111-18-01-114

Community Details

Overview

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

Amenities

  • Common Area
  • Sauna
  • Clubhouse
  • Community Storage Space

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$311

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Directions: Enter Keowee Key at the North Gate off of Stamp Creek Road. Continue straight down the hill on Tall Ships Drive to first left into the parking lot. The unit is in the Cutter building on the top floor.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • ResoCommunityFeatures: Boat Facilities, Common Grounds/Area, Clubhouse, Fitness Center, Golf, Gated, Playground, Pool, Sauna, Storage Facilities, Tennis Court(s), Trails/Paths, Water Access
  • ResoLotFeatures: Outside City Limits, Subdivision
  • Water Body Name: Keowee
  • MLS Status: Closed
  • Subdivision Name: Keowee Key
  • Above Grade Finished Sq Ft: 1462.0
  • Architectural Style: None
  • Unit Levels: One
  • Living Area: 1462.0
  • Year Built Details: 31-50 Years
  • Year Built: 1988
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Year Built: 1988

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Bookcases, Shower Only, Cable TV, Walk-In Closet(s)
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Flooring: Bamboo, Carpet, Ceramic Tile
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

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, Maintenance Structure, Pest Control, 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 #: 111-18-01-114
  • Tax Year: 2022
  • Tax Annual Amount: 310.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 25, 2023
Sold by
Sholar Virginia S
Bought by
Chamblee David L and Chamblee Emily C
Seller's Agent
Charles Gouge
Keller Williams Seneca
Buyer's Agent
Dave Chamblee
Anderson Area Properties
List Price
$319,900
Sold Price
$302,640
Premium/Discount to List
-$17,260
-5.4%
Views
77
Current Estimated Value
$398,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,930
Avg. Annual Appreciation
12.05%
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
Chamblee David L $302,640 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2023 07/25/23 Sold $302,640 -5.4% $207 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $319,900 0.0% $219 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $319,900 +30.6% $219 / Sq Ft
03/16/2021 03/16/21 Sold $245,000 0.0% $168 / Sq Ft View Prior Sale
02/04/2021 02/04/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $245,000 +88.5% $168 / Sq Ft
06/21/2018 06/21/18 Sold $130,000 -7.1% $87 / Sq Ft View Prior Sale
11/30/2017 11/30/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $139,900 +45.7% $93 / Sq Ft
08/28/2015 08/28/15 Sold $96,000 -43.2% $65 / Sq Ft View Prior Sale
07/21/2015 07/21/15 Pending -- -- --
02/09/2014 02/09/14 For Sale $169,000 -- $114 / 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 $4,183 $12,000 $0 $12,000
2024 $4,183 $12,000 $0 $12,000
2023 $311 $4,514 $0 $4,514
2022 $311 $4,514 $0 $4,514
2021 $272 $4,281 $0 $4,281
2020 $287 $4,281 $0 $4,281
2019 $287 $0 $0 $0
2018 $1,012 $0 $0 $0
2017 $272 $0 $0 $0
2016 $272 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $4,281 $0 $4,281
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: 20263040

Western Upstate Multiple Listing Service

APN: 111-18-01-114