This 1.45 acre waterfront home site is located in a gated cliffs community and offers a sizable building envelope. Lot 53 gently slopes towards your, already in place, dock that is tucked away from the 'big water' while simultaneously offering easy access to it. Current owners have outfitted the lot with steps leading to water. With plenty of buildable land and the already in place dock...the only thing missing your dream home! There is tree removal/clean up from Helene planned for.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GGAR MLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. GGAR MLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/14/2024, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 18, 2021
Feb 18, 2021Home Sold
$116,500
Aug 23, 2017
Aug 23, 2017Home Sold
$109,000
Oct 15, 2015
Oct 15, 2015Home Sold
$75,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
-
-
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,064
Per Month
Principal & Interest
$997
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$665
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Tamassee-Salem Elementary School
9950 N Highway 11
Distance between this listing and this school6.83 miles
Public District Grades PK-5
7
/10
Six Mile Elementary School
777 N Main St
Distance between this listing and this school10.13 miles
Public District Grades PK-5
7
/10
Keowee Elementary School
7051 Keowee School Rd
Distance between this listing and this school10.83 miles
Public District Grades PK-5
Nearby Schools
8
/10
Youth Leadership Academy
698 Concord Church Rd
Distance between this listing and this school9.55 miles
Public Charter Grades 6-8
5
/10
Pickens Middle School
140 Torch Dr
Distance between this listing and this school12.50 miles
Public District Grades 6-8
6
/10
Wahalla Middle School
177 Razorback Ln
Distance between this listing and this school13.47 miles
Public District Grades 6-8
Nearby Schools
6
/10
Wahalla High School
4701 N Highway 11
Distance between this listing and this school11.10 miles
Public District Grades 9-12
5
/10
Pickens High School
150 Blue Flame Dr
Distance between this listing and this school11.47 miles
Public District Grades 9-12
8
/10
Daniel High School
140 Blue and Gold Blvd
Distance between this listing and this school14.68 miles
The neighbors living near this home have an average income of $46,321. The majority of Salem, SC residents have income between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 506 Merganser Way
What is the listing price of this property?
The listing price of 506 Merganser Way property is $199,676.
What type of property is this?
The property 506 Merganser Way is land located in Salem, South Carolina, 29676.
Is this property for sale now?
Active Listing: 506 Merganser Way is For Sale (Active/New) which means the seller is accepting offers.
When was this property sold last time and for how much?
The last sale was on February 18, 2021 for $116,500. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 506 Merganser Way in Salem, SC and zip code 29676. This home sits on a 1.45 acre lot. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $199,676.
In October 2024 more than 3 listings in Salem, SC were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 6 were sold below. In October 2024 in Salem, SC there were 6.7% less homes for sale than in September 2024. Listings spent 75 days on the market in October 2024, and had a median list price of $592,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
NASCAR
NASCAR
Hunting
Figure Skating
Bass Pro Shops
Wal-Mart
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
GMC
Ram
Chevrolet
Classic Country
New Country
Oldies