NOT LISTED FOR SALE

533 Riverstone Dr Salem, SC 29676

Estimated Value: $1,576,000 - $1,898,000

4 Beds
4 Baths
3,243 Sq Ft
$549/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $1,395,000 $430 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,714/month

2 Days on Market

Highlights

  • Docks
  • Waterfront
  • Craftsman Architecture
  • Walhalla Middle School Rated A-
  • 2.09 Acre Lot
  • Deck

About This Home

As of March 2023

A picturesque setting welcomes you to this pristine waterfront property nestled in a quiet cove
section of Lake Keowee. This 4 bedroom, 4 bath home exudes modern elegance with exterior stone,
and wood beam front porch accents that continue into the front entrance. Estates at Riverstone
covenants and restrictions allow on this 2+ acre property, the additional construction of a guest house
or apartment over a detached garage. (See attached supplements) Upon entering you will be swept
away by the open concept, main living space, and gorgeous wood flooring. The living, dining, and
kitchen flow seamlessly together creating a large open floor plan. The living room features a vaulted
ceiling, a breathtaking floor-to-ceiling, four-sided stone, gas log fireplace, and opens to an outdoor
deck overlooking the lake. A spacious gourmet kitchen with abundant cabinet storage, glass cooktop,
double ovens, built-in microwave, and center island with sink, and bar seating provide everything you
need for cooking great family meals. A dining/breakfast area overlooks the lake with access to a
lovely, screened porch. Left of the front entrance is a cordial lounge area that could easily be used as
a formal dining area if desired. (Note: The gold light fixture hanging in this area does not convey with
home purchase.) Plumbing is already in place to add a future wet bar in the lounge/dining area at
pantry wall. The main floor master suite to the right of the front entrance hosts his/her walk-in
closets, and large sunlit bedroom with private entrance/exit to deck overlooking the lake. The ensuite
master bath comes complete with tile flooring, his/her sink vanities, large walk-in tile shower with
multiple output shower assembly, and separate water closet for added privacy. A hallway to the left
of the kitchen leads to a spacious walk-in pantry for all your food storage needs, a full guest bath,
entrance/exit to garage, and large bedroom overlooking the lake. A laundry room with sink, and
abundant cabinetry is also located in this vicinity. A beautiful wood staircase leading to the lower level
of the home, descends behind the living room fireplace. Upon descension, the lower level opens to
the main living/recreation room that also exits to outdoor patio overlooking the lake. A drain line is
already in place to add future wet bar or sink in the living/recreation area. Hallways on either side of
the main area provide additional lower-level spaces. On the right is a full-size bath, linen closet, and
spacious bedroom with walk-in closet overlooking the lake. On the left side there is a large bedroom
overlooking the lake, and a full bath with single sink vanity, and walk-in tile shower. There is also an
unfinished portion of the lower level that extends the expanse of the front side of the home. This
area, which could be finished for additional lower-level recreation space, is currently used for utility
room, storage, and workshop. The workshop offers cart storage, and side door entrance/exit. The
lower-level patio provides space for relaxing or entertaining. (Note: Hanging daybed on patio does not
convey with home purchase.) You will love the beautifully placed concrete cart path that runs the
expanse of this property from front drive around the back of the home, concluding at a cul-de-sac
conveniently giving you an easy stroll or ride to the lake with single slip, covered dock, and single slip
jet ski port. Power, and water are also supplied to the dock. The home’s water heater, and fireplace
operates on propane. Homeowners have completed a full professional home inspection by Dynamic
Inspection Services, and have had specific items repaired prior to closing. A full list of
completed repairs can be found in Supplements. A Radon inspection was completed, with mitigation. The true
beauty of this property must be experienced in person to appreciate the value.

Last Agent to Sell the Property

Michael Martin

The Lake Company License #18636 Listed on: 01/24/2023

Last Buyer's Agent

Judith Gilstrap

Community First Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,148

Year Built

  • Built in 2017

Lot Details

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Craftsman Architecture
  • Cottage
  • Cement Siding
  • Stone Veneer

Interior Spaces

  • 3,243 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Tilt-In Windows
  • Blinds
  • French Doors
  • Living Room
  • Water Views
  • Finished Basement
  • Heated Basement
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Breakfast Room
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Outdoor Features

  • Water Access
  • Docks
  • Deck
  • Screened Patio
  • Front Porch

Schools

  • Tam-Salem Elm Elementary School
  • Walhalla Middle School
  • Walhalla High School

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System
  • Underground Utilities
  • Propane
  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Low Threshold Shower
  • Outside City Limits

Community Details

  • No Home Owners Association
  • Estates At Riverstone Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 110-01-01-103

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,148

Year Built

Built in 2017

Lot Details

2.09 Acres

Parking

2

Listing Details

  • Directions: HWY 130 North to Left into Riverstone Subdivision. Right on Rocky Springs Drive. Right on Riverstone Drive.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoLotFeatures: Outside City Limits, Subdivision, Sloped, Trees, Views, Wooded, Waterfront
  • Lot Size Acres: 2.09
  • View Type:Pond View: Water
  • Water Body Name: Keowee
  • MLS Status: Closed
  • Subdivision Name: Estates At Riverstone
  • Above Grade Finished Sq Ft: 2113.0
  • Reso Accessibility Features: Low Threshold Shower
  • Architectural Style: Cottage, Craftsman
  • Reso Fireplace Features: Gas, Gas Log, Option
  • Garage Spaces: 2.0
  • Unit Levels: One
  • Living Area: 3243.0
  • ResoRoomType: Breakfast Room/Nook, Laundry, Living Room
  • Reso Window Features: Blinds, Insulated Windows, Tilt-In Windows, Vinyl
  • Year Built Details: 1-5 Years
  • Year Built: 2017
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 1016.0
  • Special Features: VirtualTour
  • Year Built: 2017

Interior Features

  • Appliances: Built-In Oven, Double Oven, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Smooth Cooktop, Tankless Water Heater, Plumbed For Ice Maker
  • Has Basement: Finished, Heated, Interior Entry, Walk-Out Access
  • Interior Amenities: Tray Ceiling(s), Ceiling Fan(s), Cathedral Ceiling(s), Dual Sinks, French Door(s)/Atrium Door(s), Fireplace, Granite Counters, High Ceilings, Bath in Primary Bedroom, Pull Down Attic Stairs, Quartz Counters, Smooth Ceilings, Separate Shower, Upper Level Primary, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Breakfast Area, Workshop
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1130.0
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 1

Exterior Features

  • Exterior Features: Deck, Landscape Lights, Porch
  • Roof: Architectural, Shingle
  • Horse: No
  • View: Yes
  • Waterfront Features: Boat Dock/Slip, Water Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Siding, Stone Veneer
  • Foundation Details: Basement
  • Patio And Porch Features: Deck, Front Porch, Porch, Screened

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • HeatingYN: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Propane, Phone Available, Septic Available, Water Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Tam-Salem Elm
  • High School: Walhalla High
  • Middle Or Junior School: Walhalla Middle

Lot Info

  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Parcel #: 110-01-01-103
  • Tax Year: 2022
  • Tax Annual Amount: 2148.0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Mar 1, 2023
Sold by
Banda John M
Bought by
Mullen Gregory G and Mullen Kedron H
Seller's Agent
Michael Martin
The Lake Company
Buyer's Agent
Judith Gilstrap
Community First Real Estate
List Price
$1,395,000
Sold Price
$1,395,000
Views
11
Current Estimated Value
$1,781,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,345
Avg. Annual Appreciation
8.35%
Original Mortgage
$200,000
Outstanding Balance
$193,291
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$1,588,054

Purchase Details

Closed on
Jan 28, 2014
Sold by
First Citizens Bank & Trust Company Inc
Bought by
Banda John M and Banda Nancy B

Purchase Details

Closed on
Oct 12, 2011
Sold by
Vick Construction & Design Inc
Bought by
First Citizens Bank & Trust Company Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mullen Gregory G $1,395,000 --
Banda John M $119,000 --
First Citizens Bank & Trust Company Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullen Gregory G $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2023 03/01/23 Sold $1,395,000 0.0% $430 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $1,395,000 -- $430 / Sq Ft
Source: Western Upstate Multiple Listing Service

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 $5,347 $52,972 $5,778 $47,194
2024 $5,557 $52,972 $5,778 $47,194
2023 $2,148 $22,214 $4,622 $17,592
2022 $2,148 $22,214 $4,622 $17,592
2021 $2,013 $20,090 $3,424 $16,666
2020 $2,013 $20,090 $3,424 $16,666
2019 $2,013 $0 $0 $0
2018 $4,458 $0 $0 $0
2017 $1,847 $0 $0 $0
2016 $1,847 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $8,585 $7,512 $1,074
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: 20257909

Western Upstate Multiple Listing Service

APN: 110-01-01-103

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