123 Pelzer Drive, Summerville, SC, 29485 | $1,150,000

Everything you are looking for in a Charleston Home. Located on over an acre with pool large enough to swim laps, this 5bd 3. 5 bath with full ground level apartment is set back amongst the Magnolia and Live Oak trees. A scenic drive past Charleston's most historic properties brings you just over the West Ashley line into Summerville to Manteeba Estates, where there is rarely a property available as residents do not leave. Your long driveway leads up to welcoming full front porch. Away from it all, yet close enough to commute to many major employers, this home is your ideal retreat. The property has undergone a transformation; completely remodeled kitchen, not a stitch of carpet, a lower level guest room now a full apartment. Primary suite on main level. Primary suite on main level. Rounding out that floor is a great room with fireplace, separate dining room, private office (not a repurposed bedroom), large sun room with mini-split, leading out to the spectacular backyard. Upstairs you there are three additional bedrooms and full bath all generously sized. The ground level boasts a full apartment, multiple storage closets and a space for workshop and/or workout as well as 3 car garage. Pool area is fenced but property extends past the home on all sides and is populated by many different trees and plantings. Boat and RV parking is permitted as there is ample room. HVACs, mini-split, reverse osmosis water filtration system, septic, all lighting, gazebo, back outdoor staircase have all been replaced over the past few years and additional fire pit area added in addition to general remodel. For a very modest HOA annual fee there is access to neighborhood tidal boat ramp suitable for small watercraft (john boats, jet skis). Dorchester II schools, short drive to grocery stores and golf course as well as tourist in your own town attractions make this property a real find. Easy to show.

Features

  • Bedrooms: 5
  • Baths: 3 full / 1 half
  • Laundry: Electric Dryer Hookup, Laundry Room
  • Style: Traditional
  • Development: 62 - Summerville/Ladson/Ravenel to Hwy 165
  • Year Built: 1991
  • Garage: 3-car
  • Heating: Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 3,488
  • Acreage: 1.04
  • Lot Desc: 1 - 2 Acres, Cul-De-Sac
  • Elem. School: Beech Hill
  • Middle School: East Edisto
  • High School: Ashley Ridge
  • Pool: In Ground
  • MLS#: 25022726
  • Days on Market: 150 days
  • Website: https://www.raveis.com
    /eprop/25022726/123pelzerdrive_summerville_sc?source=qrflyer
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Listing courtesy of Coldwell Banker Realty

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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123 Pelzer Drive, Summerville, SC, 29485

$1,150,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $920,000 $920,000 $920,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.229% 6.007% 5.952%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,224 $5,442 $7,640
Total Monthly Payment $5,349 $5,567 $7,765

* 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.