Welcome to Tall Ship Condos located on Lake Keowee within the gated community of Keowee Key. This beautiful community offers boating. golf, tennis, pickle ball, health club with indoor and outdoor pool and community center! This updated condo is just steps away from the new north marina and lakeside salt-water pool as well as the lake side leisure trail. The condo offers a updated kitchen with newer appliances, updated countertops and flooring. The oversized great room features a wood burning fireplace, newer carpet, lighting and a large bay window which offers views of the beautiful surroundings and seasonal water views. The owner s suite offers double glass sliding doors that open to the covered patio, newer carpet and ceiling fan, a large walk-in closet and full bath with walk-in shower and separate jacuzzi tub. The secondary bedroom features a wall of windows and double closets. The 2nd full bath offers newer flooring paint and fixtures. Being sold fully furnished. All furniture in the unit is newer. The condo is suitable for short or long term rentals as the location is extremely desirable. Offered turn-key so you can begin enjoying this home immediately. IMPORTANT INFORMATION REGARDING TALL SHIP CONDO UNITS AND THE REPAYMENT OF THE SPECIAL ASSESSMENT: With an ACCEPTABLE OFFER the seller of this property is willing to participate in the payment of the Special Assessment. All condo s in the Tall Ship Condo Association are responsible for paying a Special Assessment fee of $925 per quarter for repayment of a construction loan by the association. The loan was used to replace windows and stucco on all seven buildings in the complex. Each condo has been assessed with a loan in the amount of $31,000 plus interest to be paid back over a period of 12 years starting June 2017. The loan can be paid off early at any time, resulting in a significant savings in interest charges. As of June 2017, if the loan were paid in full, $10,000 in interest charges would be saved over the life of the loan. With an ACCEPTABLE OFFER the seller of this property is willing to negotiate payment of the special assessment. Should the total special assessment be paid off, the buyer will not have to make the quarterly payments of $925. The buyer will only be obligated to pay the regular Tall Ship regime fee of $775 per quarter.
† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
located at 495 Tall Ship Drive, #240, Salem, SC
is currently for sale.
495 Tall Ship Drive, #240, Salem is listed
This property has 2 bedrooms, and 2 full bathrooms.
If the property located at 495 Tall Ship Drive, #240, Salem, SC isn't what you're looking for,
South Carolina real estate
to see other
houses for sale in Salem.