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**Lender credit will be applied towards closing costs when using the preferred lender PRMG and Brad Burdette. (NMLS#194126)** Welcome to 514 Dewaynes Drive in Wellford! Conveniently located just minutes from Hwy 29, I-85, and the I-85/I-26 interchange, this home provides easy access to dining, grocery stores, and everyday essentials in either direction along Hwy 29. Priced at just $200K, this 3-bedroom, 2-bathroom mobile home is situated on a permanent foundation and is already de-titled, making it a fantastic opportunity. Inside, you’ll find a spacious, open floor plan offering excellent flexibility for both living and entertaining, along with a kitchen featuring ample cabinet storage conveniently located next to the walk-in laundry room. The primary suite is a true retreat with a fully renovated bathroom showcasing beautiful tile flooring, a dual vanity, a walk-in shower, and a separate soaking tub, while two generously sized secondary bedrooms share a full hall bathroom on the opposite side of the home. Additional updates include a brand new heat pump installed in 2023, adding peace of mind and efficiency. Step outside to enjoy the 12x10 back deck—perfect for grilling, relaxing, or soaking up sunny days—and note the additional outbuilding on the property, which will convey AS-IS. Don’t miss this affordable and conveniently located home—schedule your showing today!
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Our Executive Mortgage Banker:
$200,000
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 |
|
|---|---|---|---|
| Loan Amount | $160,000 | $160,000 | $160,000 |
| 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 | 6.296% | 6.406% | 5.668% |
| Monthly Tax Payment | $96 | $96 | $96 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $934 | $985 | $1,297 |
| Total Monthly Payment | $1,105 | $1,156 | $1,468 |
* 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.