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Welcome to 259 Spectrum, a 4-bedroom, 2. 5-bath home priced to sell in one of Summerville's most desirable neighborhoods. Offering the most value in Magnolia, this home delivers exceptional space, style, and community amenities. Step inside to find a spacious great room with soaring vaulted ceilings and gleaming hardwood floors. The formal dining room flows seamlessly into the open kitchen, complete with granite countertops, stainless steel appliances, and a breakfast bar--perfect for entertaining. The first-floor master suite is a true retreat, featuring a tray ceiling, walk-in closet, and spa-like en suite with a double tile shower and dual sinks. Upstairs, you'll find three additional bedrooms, providing flexible space for a home office, playroom, or media room. Relax on the screened-in porch overlooking your fully fenced backyardideal for outdoor living and play. Living in Cane Bay Plantation means enjoying resort-style amenities, including a pool, walking trails, shopping, dining, and top-rated Cane Bay schools. With easy access to Volvo, military bases, and all that Summerville has to offer, this home checks every box for comfort and convenience. Don't miss this opportunity to own the best-priced home in Magnoliaschedule your showing today!
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Our Executive Mortgage Banker:
$395,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $316,000 | $316,000 | $316,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.178% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,794 | $1,895 | $2,540 |
| Total Monthly Payment | $1,869 | $1,970 | $2,615 |
* 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.