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Build your vision on this . 21-acre residential lot located on Hampton Street in Elloree, just minutes from charming downtown Elloree and a short drive to the recreational opportunities of Lake Marion. This parcel offers approximately 50 feet of road frontage with a depth of 182 feet, providing a functional layout for a variety of residential building options, subject to local zoning and permitting. he property is zoned residential and owner financing is available, offering flexibility for qualified buyers. The lot was acquired through a county tax auction, and title will transfer via a quit claim deed. Buyers are strongly encouraged to consult with a legal professional regarding the nature of a quit claim deed and to perform all due diligence prior to closing. For additional property details, reference TMS #02821106010000 on the Orangeburg County GIS website. Don't miss this opportunity to secure an affordable residential lot in a convenient Elloree locationact now and explore the potential today.
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Our Executive Mortgage Banker:
$15,000
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 | $12,000 | $12,000 | $12,000 |
| 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 | 6.307% | 6.443% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $70 | $74 | $97 |
| Total Monthly Payment | $145 | $149 | $172 |
* 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.