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The Opportunity has arrived for you to own one of the Unique Properties on Beautiful Lake Secession located in Abbeville county in the Upstate of South Carolina. 221 First Ave is one of the 4 lots making up the Point on First Ave. This 4 Bedroom 3 Bath sits on a Beautifully Landscaped . 96 acre gentle sloping lot with nearly 400' waterfront with Amazing Deep Water views. After purchasing in 2004, the owners did major renovations, a short list includes, new sheetrock in 2/3 of home, total Primary Suite renovation w/added space and new walk-in closet and other upgrades, addition of Beautiful Sunroom w/Amazing water views, all flooring upgrades including Hardwood Hickory in Den and Dining Room, new Windows and Siding, new Metal roof, 2nd HVAC system, Completely remodeled Kitchen w/Custom Moss Glaze Maple cabinets with under lighting and tile backsplash and Granite countertops, and a lower level Bar/Entertaining area with concrete floor facing the lake for all of your Entertaining activities. Other features of this Beautiful Lakefront property include, a large open Study/Bonus Room, an intimate Breakfast Nook w/ Fireplace, Large comfortable Den with fireplace and direct access to the Sunroom, and Spacious Dining Room with Lake views. The Outdoor features which truly sets this home apart includes, property is fully fenced except waterfront, huge attached carport/garage, 5 zone sprinkler system, 20x40 RV parking area with separate power meter 50 amp power and water, 24x14 outbuilding w/ power, 30x12 covered boat shed w/ concrete drive and ramp to the water, downstairs Bar/Entertaining area w/Refrigerator and Gas cooktop, a Covered Boat dock with diving board, a stationary dock, 2 concrete floor patios that run the entire length of the water front side of the home with the exception of sunroom area, She Shed which houses the well pump is set up to do projects, and 2 large under deck storage areas for storing all of your lake toys. This home is connected to county water, but also has a well with a spicket for outdoor use. The Owners love of landscaping, flowers, plants and decor is apparent in the Wonderful transformation of the yard into a Lakefront Paradise. The water level on Lake Secession typically stays at full pond level during the Spring and Summer. During the winter and at the time of this listing the water level is lowered approximately 7 ft so property owners can do construction of seawalls or repairs to property or docks. Completed in 1940 and often referred to as the Hidden Gem of the Upstate, Lake Secession is a 1, 450 acre reservoir with approx 52. miles of shoreline. Lake Secession is a Boater and Fisherman's Paradise. Pontoons are plentiful but there are no restrictions to boat/motor sizes and you will see everything from kayaks to large runabouts. Please visit www. lakesecession. com or Facebook pages - "Lake Secession Friends and Family" or "Friends of Lake Secession" for more info on Lake Secession Don't let this Unique Opportunity pass you by, Call Today for more info and to schedule your private showing by Appointment Only.
| Type | Dimensions | Level |
|---|---|---|
| Bedroom2 | 13x12 | Main |
| Bedroom3 | 12x9 | Main |
| Bedroom4 | 12x10 | |
| BonusRoom | 28x10 | Main |
| BreakfastRoomNook | 12x12 | Main |
| Garage | 30x24 | Main |
| PrimaryBathroom | 14x8 | Main |
| PrimaryBedroom | 17x13 | Main |
| Workshop | 24x14 | Main |
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Our Executive Mortgage Banker:
$799,000
William Raveis Real Estate
Phone: 888.699.8876
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $639,200 | $639,200 | $639,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.301% | 6.500% | 5.691% |
| Monthly Tax Payment | $82 | $82 | $82 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,781 | $3,988 | $5,219 |
| Total Monthly Payment | $3,955 | $4,162 | $5,393 |
* 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.