tomo logo

$337,000

Beds
2
Baths
2.0
sq ft
1,154

1230 Melton Rd Unit 87, West Union, SC 29696

1230 Melton Rd Unit 87

West Union, SC 29696

  • 130 days on market
    • Price drop $6,000↓
Location, location, location! Beautiful Lake Keowee Water Views! This cottage is move-in-ready, has FULL-TIME capacity if desired, comes with the majority of the furniture and has a finished loft! No updates are needed as this cottage is pristine and truly breathtaking! If you are looking for a low maintenance retreat, full time residence or a lake getaway, this is it! Your wait for the perfect lake cottage is over. Unit 87 has a beautiful water view that you must see in person. Its parking space is in the largest neighborhood parking lot that makes it easier for visitors and guests. This cottage is an absolute must see. You will be blown away by the quality and details from the beautiful heart pine floors, custom wood work, built in bench and more. The fish tank can be removed if that is your preference. There is a new outdoor patio and lighting that makes for the most enjoyable and relaxing lake entertaining and memories. This established community offers many amenities. They include a fabulous lakefront lodge and swimming pool, marina, beach, renovated fitness center, walking trails and more. There is no HOA. Cottage owners own their cottages, not the land. This is how Backwater Landing has the most luxurious and affordable Lake Keowee living on Lake Keowee. There is a regime fee that includes landscaping maintenance, private gated community, gates up keeping, sewer, trash service, pool, clubhouse, walking trails, fitness center, lighting and more. This is a private gated community. The gate is monitored with no public access. Entry requires agent representation. No rentals allowed less than a 12 month term. A modified tax structure adds to the savings of this remarkable Lake Keowee cottage. Please ask about the land lease, boat slip rentals, and further details. Schedule your private tour today.

Details

Property type

Single Family Residence

Est. home value

$304,999

Lot size

Unknown

Price per sq ft

$293

Year built

1997

Price History

05/13/2024
WesternUpstateMLS

WesternUpstateMLS #20274208

Price change
$337,000
-1.75%
04/30/2024
WesternUpstateMLS

WesternUpstateMLS #20274208

Listed
$343,000
+10.68%
06/09/2023
WesternUpstateMLS

WesternUpstateMLS #20258038

Sold
$309,900
+181.73%

Schools & Community

Elementary school: 

Walhalla Elem

Middle school: 

Walhalla Middle

High school: 

Walhalla High

Community features: 

Clubhouse, Gated, Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$30,049
Asking price
$337,000
Closing costs (~8% of asking)
-$26,960
Est. remaining loan balance
-$279,991
Cash to seller
$30,049

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2023

Original loan amount

$283,790

Est. remaining balance

$279,991

Interest rate

6.39%

Loan type

FHA, 30 year

Seller

Robin Louise Jones and Joseph Edwin Stephen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/07/2024 at 10:15 PM

Listing updated: 08/27/2024 at 7:29 PM

Listed by: Cate Kassab, My Upstate Home LLC Phone #: (864) 777-4663

MLS: WesternUpstateMLS #20274208

WesternUpstateMLS logo

Recently listed in West Union