NOT LISTED FOR SALE

521 N Flagship Dr Salem, SC 29676

Estimated Value: $1,236,000 - $1,453,000

5 Beds
2.5 Baths
4,290 Sq Ft
$318/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $950,000 $221 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,604/month

57 Days on Market

Highlights

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

About This Home

As of October 2021

Location, location, location! On the premier lot in a quiet, deep-water cove, this home affords lake and
mountain views! The dock offers your family easy and immediate access to lake living.
Understated quality throughout. Slider doors and multiple decks comprise the entire back of the house
on both levels, maximizing access and the great views from almost every room in the house. Hardwood
floors throughout the living space make this an easy to care for home.
The main living space focuses on the views and the outdoor spaces, with a formal living room and dining
room. The informal part of the main floor is an open plan, with kitchen, breakfast area and family room,
flanked by a side porch and grilling porch. The large eat-in kitchen has new appliances, lots of counter
space and cabinets for storage and joins a spacious laundry room with oversized storage.
The large main level master bedroom is a tranquil space with private lake views and a slider door to the
back deck. The master bath includes a large jet tub, walk-in shower, and double sinks. Generous his &
hers closets complete this wonderful owners’ space.
The lower level contains a large rec room, complete with a mini-fridge and sink, three full bedrooms,
and a full bathroom. Oversized closets in the bedrooms, including a walk-in cedar closet room speak to
the thoughtful convenience of usable storage available in this house. To top this off, a large utility and
storage room runs the length of the house, and is perfect for all your lake gear!

Last Agent to Sell the Property

Sam Georgitis

Arg Realty Group License #106918 Listed on: 07/01/2021

Last Buyer's Agent

The Cason Group

Keller Williams Seneca

Keller Williams Seneca

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,324

Year Built

  • Built in 1987

Lot Details

  • 0.69 Acre Lot
  • Waterfront
  • Steep Slope
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Water
  • Mountain

Home Design

  • Traditional Architecture
  • Cottage
  • Wood Siding

Interior Spaces

  • 4,290 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Ceiling Fan
  • Double Sided Fireplace
  • Attic Fan
  • Convection Oven
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Outdoor Features

  • Water Access
  • Docks
  • Deck

Location

  • Outside City Limits

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 099-02-01-047

Community Details

Overview

  • Property has a Home Owners Association
  • Keowee Key Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,324

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Directions: From SC-130 head N. Turn right onto N. Flagship. Once past the gate turn immediately left to stay on N. Flagship Dr the home will be located 1.1 miles on the left
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoCommunityFeatures: Boat Facilities, Common Grounds/Area, Clubhouse, Dock, Fitness Center, Golf, Gated, Playground, Pool, Tennis Court(s), Trails/Paths, Water Access, Sidewalks
  • ResoLotFeatures: Outside City Limits, Steep Slope, Subdivision, Views, Wooded, Waterfront
  • Lot Size Acres: 0.69
  • View Type:Pond View: Mountain(s), Water
  • Water Body Name: Keowee
  • MLS Status: Closed
  • Subdivision Name: Keowee Key
  • Above Grade Finished Sq Ft: 2145.0
  • Architectural Style: Cottage, Traditional
  • Reso Fireplace Features: Double Sided
  • Garage Spaces: 2.0
  • Unit Levels: One
  • Living Area: 4290.0
  • Year Built Details: 31-50 Years
  • Year Built: 1987
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Year Built: 1987

Interior Features

  • Appliances: Convection Oven
  • Interior Amenities: Bookcases, Ceiling Fan(s), Dual Sinks, Fireplace, Jetted Tub, Bath in Primary Bedroom, Tub Shower, Walk-In Closet(s)
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2145.0
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 1

Exterior Features

  • Exterior Features: Deck
  • Roof: Architectural, Shingle
  • Horse: No
  • Pool Features: Community
  • View: Yes
  • Waterfront Features: Boat Dock/Slip, Waterfront
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Foundation Details: Basement
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Driveway

Utilities

  • Cooling: Central Air, Electric, Attic Fan
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Other, See Remarks

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Parcel #: 099-02-01-047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Oct 4, 2021
Sold by
Ambos Barbara F and William R Frazier Rev Tr
Bought by
Gerstner Bruce W and Gerstner Maura A
Seller's Agent
Sam Georgitis
Arg Realty Group
Buyer's Agent
The Cason Group
Keller Williams Seneca
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Total Days on Market
57
Current Estimated Value
$1,364,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,851
Avg. Annual Appreciation
11.05%
Original Mortgage
$259,250
Outstanding Balance
$238,962
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,153,548

Purchase Details

Closed on
Nov 8, 2012
Sold by
Frazier William R
Bought by
Frazier William R and The William R Frazier Revocable Trust
Source: Public Records

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Range of Values:

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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
Gerstner Bruce W $950,000 None Available
Frazier William R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerstner Bruce W $259,250
Open Gerstner Bruce W $548,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2021 10/04/21 Sold $950,000 -13.6% $221 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $1,100,000 -- $256 / 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
2024 $4,324 $37,330 $12,420 $24,910
2023 $4,374 $37,330 $12,420 $24,910
2022 $4,621 $37,330 $12,420 $24,910
2021 $2,906 $25,097 $11,040 $14,057
2020 $2,906 $25,097 $11,040 $14,057
2019 $2,906 $0 $0 $0
2018 $5,934 $0 $0 $0
2017 $2,460 $0 $0 $0
2016 $2,460 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $22,598 $11,144 $11,454
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: 20240895

Western Upstate Multiple Listing Service

APN: 099-02-01-047