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Welcome home to the Salem Bay community, where Lowcountry charm meets modern convenience. This move-in-ready Ibis model, built in 2023, offers the ease of single-level living with a thoughtfully designed layout featuring 4 bedrooms and 2 full baths. The heart of the home is the open-concept kitchen, designed for both everyday living and entertaining. It boasts upgraded cabinetry, quartz countertops, a gas range, center island, walk-in pantry, and includes all appliances, making this home truly turn-key. The kitchen flows seamlessly into the dining area and spacious family room, creating a bright and inviting space ideal for gatherings or quiet evenings at home. The split-bedroom floor plan provides privacy and functionality, with four generously sized bedrooms. Both full bathrooms are finished with quartz countertops, continuing the home's cohesive, modern design. With everything on one level, this home offers comfort, accessibility, and ease of living. Salem Bay is known for its outstanding community amenities, including a private day dock, perfect for boating, fishing, kayaking, or simply enjoying the coastal lifestyle. Conveniently located just minutes from shopping, dining, and historic downtown Beaufort, this home offers the perfect balance of tranquility and accessibility.
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Our Executive Mortgage Banker:
$430,000
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 | $344,000 | $344,000 | $344,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.524% | 5.846% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,035 | $2,146 | $2,834 |
| Total Monthly Payment | $2,110 | $2,221 | $2,909 |
* 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.