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Under Construction - New Single-Story Home with Open Floor PlanWelcome to this thoughtfully designed new construction home, currently under construction and offering a functional, open-concept layout ideal for modern living. This single-story residence features 3 bedrooms and 2 bathrooms with a floorplan that provides privacy for the primary suite while keeping living spaces open and connected. The heart of the home is the open living, dining, and kitchen area, designed for everyday living and entertaining. The kitchen layout allows for ample cabinetry, counter space, and an island overlooking the living room. A dedicated dining area flows seamlessly into the main living space. The primary suite includes a spacious bedroom, private en-suite bath with dual vanities, a separateshower, and a walk-in closet. Two additional bedrooms and a shared full bath are located on the opposite side of the home, offering flexibility for guests, family, or a home office. A covered front porch adds curb appeal and a welcoming entry, while the rear concrete patio provides outdoor living space perfect for grilling or relaxing. Additional features include a laundry room, ample storage, and a functional layout designed for comfort and efficiency. Construction is underway and expected to be completed by early April. Floor plan and elevations shown are for reference only and may be subject to change. Conveniently located on the outskirts of Walterboro, close to schools, hospitals and shopping and only an hour commute to Charleston, Summerville, and Beaufort! Don't miss your opportunity to own this new construction home!
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Our Executive Mortgage Banker:
$316,000
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 | $252,800 | $252,800 | $252,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.410% | 5.595% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,475 | $1,557 | $2,049 |
| Total Monthly Payment | $1,550 | $1,632 | $2,124 |
* 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.