0 Hwy 41, Mount Pleasant, SC, 29466 | $995,000

**** ATTENTION BUILDERS / DEVELOPERS / INVESTORS!! **** MT. PLEASANT ACREAGE FOR SALE!! *********** OVER 7 FULL ACRES!! --- HWY 41 --- MT. PLEASANT, SC!! ---- 2 TMS#'S TOTALING ***OVER 7 FULL ACRES!*** W/ DIRECT ROAD ACCESS TO HWY 41!! -- UTILITIES PRESENT & AVAILABLE! ------ LOCATION, LOCATION, LOCATION! ***Situated between PARK WEST & DUNES WEST Subdivisions!!!*** ALL Amenities, of MT. Pleasant, are just stones throw away, including; schools, shopping district, hospitals, restaurants, hotels, beaches, and HISTORIC DOWNTOWN CHARLESTON, SC just minutes away! --- Property is situated within the Phillips Community, with S-3 ZONING (See Details in Documents for zoning, surveys, etc. )****PLEASE NOTE! - No additional studies have been done by the seller - ALL the information we have been able to obtain from the sellers, and any/all third-party organizations, including but not limited to city/county and other entities, has been posted to this MLS (under "Documents"). If you do not see the item in question (Plat, Survey, Wetlands JD's, Elevation Cert, Etc. , it is because we do NOT have them. -- Unless specifically noted, these items in question, will be the buyer's responsibility, either during the DD period or post-closing. Thank you. - Buyer is responsible for all utilities DD and tap fees. *There may be a slight encroachment from a neighboring home/fence on the front . 5 Acre Tract (TMS 583-00-00-045) - This is already worked out with an attorney and the encroachment neighbor. The sellers are including this lot with the sale to make it easy for ACCESSING the large 2nd tract, even though there is a LEGAL INGRESS/EGRESS located on the front . 5 acre, this tract is being included for ease of access and extra flexibility. ** Chas. County will Not allow a varience for the current 30 foot rd, which is fine for building 4 homes, if more than 4 homes are needed, than Chas. County requires a 50 ft road. - So the town of Mt. P has agrred to allow the 30ft road for more homes (12 Conceptual Plan) as long as the property is annexed int M. P. - The seller are willing to do this process and it will only take 3 months. **Wetlands study was done by prev. buyer, and we were told it is all high and dry! (We do not have any studies) **Please ALSO NOTE: - Buyer to research ALL items dealing with the Phillips Community, regarding building, zoning, etc. In order to satisfy any/all Due Diligence needed.

Features

  • Zoning: Other,Residential
  • Development: 41 - Mt Pleasant N of IOP Connector
  • Lot Desc: .5 - 1 Acre, 5 - 10 Acres, Corner Lot, High, Other
  • Elem. School: Charles Pinckney Elementary
  • Middle School: Cario
  • High School: Wando
  • MLS#: 25029472
  • Days on Market: 154 days
  • Website: https://www.raveis.com
    /prop/25029472/0hwy41_mountpleasant_sc?source=qrflyer
Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

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Brian ShahwanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2166562

302.293.7433

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0 Hwy 41, Mount Pleasant, SC, 29466

$995,000

The Source Team

Licensed Real Estate Salespersons

William Raveis Real Estate

Phone: 914.645.7157

TheSourceTeam@raveis.com

Brian Shahwan

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 302.293.7433

Brian.Shahwan@raveis.com

NMLS Mortgage Loan Originator ID 2166562

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $796,000 $796,000 $796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.263% 6.259% 6.223%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,645 $4,837 $6,717
Total Monthly Payment $4,737 $4,929 $6,809

* 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.