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$1,189,000

Beds
3
Baths
2.5
sq ft
Unknown

514 Long Reach Dr, Salem, SC 29676

514 Long Reach Dr

Salem, SC 29676

  • 158 days on market
Searching for a nice Lake Cottage on the shores of Lake Keowee? Look no further than 514 Long Reach Drive. This lovely home offers a wonderful, open concept design with great outdoor living space. Stepping through the front door, you will be drawn to the large living area with great views overlooking Lake Keowee. The updated kitchen is well designed with plenty of countertop space and cabinetry. Adjacent to the living room and kitchen area is a lovely screened porch that is a wonderful place to sit and drink your morning coffee. Off the screened porch is a wonderful rear deck which is another great entertaining spot. The Private owners suite provides great views overlooking the lake, a walk in closet and dual vanities. Downstairs has two additional bedrooms, a full bathroom, a kitchenette, a wonderful bar area and a large Den. There is a cart path and rocked steps too help provide easy access to the covered dock and everything Lake Keowee has to offer! The wonderful amenities of Keowee Key includes a 18-hole championship golf facility, tennis club with multiple surfaces, pickle ball, fitness facility, fine and casual dining, walking trails, outdoor and indoor pools and resident activities for every interest. If you are looking for the perfect lifestyle community for retirement or to raise your family, then look no further than Keowee Key.

Details

Property type

Single Family Residence

Est. home value

$1,153,602

Lot size

0.97 acres

Price per sq ft

Unknown

Year built

1985

Annual property taxes

$2,052.6

Monthly HOA fee

$423

Price History

07/18/2024
WesternUpstateMLS

WesternUpstateMLS #20277348

Listed
$1,189,000

Schools & Community

Elementary school: 

Keowee Elem

Middle school: 

Walhalla Middle

High school: 

Walhalla High

Community features: 

Pool, Gated, Clubhouse, Fitness Center, Golf, Playground, Tennis Court(s)

Seller’s Loan History

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

Lender

Fairway Independent Mortgage Corp

Loan start date

November 2023

Original loan amount

$1,492,500

Est. remaining balance

Not provided

Interest rate

7.63%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 83 year

Seller

Michael Cooper Smith

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: 12/23/2024 at 6:40 AM

Listing updated: 12/04/2024 at 10:45 AM

Listed by: Philip Kalchthaler, Real Local/Real Broker, LLC (Seneca) Phone #: (803) 353-5510

MLS: WesternUpstateMLS #20277348

WesternUpstateMLS logo

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