NOT LISTED FOR SALE

514 Palmer Way Unit Lot G-16 Sunset, SC 29685

Shady Grove Neighborhood

Estimated Value: $2,583,000 - $5,095,364

0.96 Acre
$3,774,432 Price per Acre
41,818 Sq Ft Lot

Last Sold July 25, 2018

Last sale price $520,000

Est. 597% increase in value since last sale

Current estimated payment $20,124/month

411 Days on Market

About This Lot

As of July 2018

Great location in the highly desirable and sought-after G section of The Reserve. Gently sloping 1-acre lot, with houses on each side, allowing you to place your home in the perfect location. Less than a 5-minute drive to all The Reserve amenities (clubhouse, golf course, pool, tennis, market, and the Great Lawn). Only a 3-minute drive to the nearly completed fitness center. Beautiful lake vistas await you, with 180-degree water views and mountain views to the north. Only a 3-minute boat ride to the lake-side pool and marina. Covered dock in place on deep water with boat lift. Build your dream lake house on this beautiful lot.

Last Agent to Sell the Property

Michael Martin

The Lake Company License #18636 Listed on: 05/31/2017

Last Buyer's Agent

David Hurst

Coldwell Banker Caine/Williams License #14796

Coldwell Banker Caine/Williams

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,503

Lot Details

  • 0.96 Acre Lot
  • Waterfront
  • Sloped Lot
  • Wooded Lot
  • Landscaped with Trees

HOA Fees

  • $188 Monthly HOA Fees

Property Views

  • Water
  • Mountain

Schools

  • Hagood Elementary School
  • Pickens Middle School
  • Pickens High School

Additional Features

  • Outside City Limits
  • Underground Utilities

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 4131-00-84-6011

Community Details

Overview

  • The Reserve At Lake Keowee Subdivision

Recreation

  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$7,503

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Directions: Controlled Access. Contact Listing Agent.
  • Property Sub Type: Residential
  • Prop. Type: Land
  • ResoLotFeatures: Outside City Limits, Subdivision, Sloped, Trees, Views, Wooded, Waterfront
  • Lot Size Acres: 0.96
  • Road Surface Type: Paved
  • View Type:Pond View: Mountain(s), Water
  • Water Body Name: Keowee
  • MLS Status: Closed
  • Subdivision Name: The Reserve At Lake Keowee
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • View: Yes
  • Waterfront Features: Other, See Remarks, Water Access, Waterfront
  • Waterfront: Yes

Utilities

  • Utilities: Electricity Available, Water Available, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 2250.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Hagood Elem
  • High School: Pickens High
  • Middle Or Junior School: Pickens Middle

Lot Info

  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Parcel #: 4131-00-84-6011
  • Tax Year: 2016
  • Tax Annual Amount: 7502.84
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2017
Closed on
Jul 24, 2018
Sold by
Mader Michael J and Mader Susan M
Bought by
Hollister Hugh D and Hollister Kimberly S
Seller's Agent
Michael Martin
The Lake Company
Buyer's Agent
David Hurst
Coldwell Banker Caine/Williams
List Price
$650,000
Sold Price
$520,000
Premium/Discount to List
-$130,000
-20%
Current Estimated Value
$3,623,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,103,455
Avg. Annual Appreciation
30.85%

Purchase Details

Closed on
Dec 9, 2011
Sold by
Keowee River Club Llc
Bought by
Mader Michael J and Mader Susan M

Purchase Details

Closed on
Aug 3, 2011
Sold by
Keowee River Club Llc
Bought by
Tape Ryan P and Tape Tina K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hollister Hugh D $520,000 None Available
Mader Michael J $474,000 --
Tape Ryan P $507,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2018 07/25/18 Sold $520,000 -20.0% --
07/16/2018 07/16/18 Pending -- -- --
05/31/2017 05/31/17 For Sale $650,000 -- --
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
2024 $8,698 $72,410 $20,800 $51,610
2023 $8,698 $72,410 $20,800 $51,610
2022 $8,738 $72,410 $20,800 $51,610
2021 $0 $72,410 $20,800 $51,610
2020 $7,044 $31,200 $31,200 $0
2019 $7,088 $31,200 $31,200 $0
2018 $7,753 $32,780 $32,780 $0
2017 $7,727 $32,780 $32,780 $0
2015 $7,591 $32,780 $0 $0
2008 -- $42,000 $42,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Western Upstate Multiple Listing Service

MLS Number: 20188743

Western Upstate Multiple Listing Service

APN: 4131-00-84-6011