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Charming Brick Ranch in The Groves - Prime Mt. Pleasant LocationNestled among many oak trees in the highly desirable neighborhood of The Groves, this classic brick ranch offers a perfect blend of charm and modern convenience. Step inside to an inviting layout featuring an abundance of natural light across the front of the home. The home offers a floor plan with 3br & 2ba, ( office is the 4th br). The large kitchen, with its generous footprint, is primed for your personal touch and opens seamlessly to a dining area and living room - an ideal setting for entertaining and everyday gatherings. You'll appreciate the beautiful hardwood floors, a cozy brick fireplace, and the charming wood paneling thatadds character in the den. Outside, a spacious and private yard, perfect for outdoor entertaining, cultivating a garden, or simply unwinding beneath the shade of mature trees or hang out on the screen porch. The Groves is know for its peaceful, tree-lined streets, friendly community, and wonderful location. Enjoy access to local attractions, with Shem Creek, the beaches of Sullivan's Island, and the shops and restaurants of Coleman Boulevard just minutes away. Downtown Charleston is also a short, convenient drive. This is a unique opportunity to own a piece of Mt. Pleasant's rich history in a neighborhood that perfectly balances nostalgic appeal with the conveniences of modern living.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$1,800,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,440,000 | $1,440,000 | $1,440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.229% | 6.098% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,176 | $8,634 | $11,958 |
| Total Monthly Payment | $8,301 | $8,759 | $12,083 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.