302 Summerset Lane, Summerville, SC, 29483 | $2,500

Owner desires to lease/purchase only. Okay to occupy prior to closing if there is also a purchase contract in place. This home is on 2. 59 Acres of high land with the ability to build another home on the property (Accessory Dwelling Unit) and the house next to this is also for sale with 1. 83 additional acres (298 Summerset). This property is just 15 minutes to downtown historic Summerville and also the I-26 at Jedberg Road. The home sits back off of the paved Road and you will feel like you are in a park-like setting This home has been updated and upgraded in every way and includes a brick wood burning fire place and even a whole house Generac generator The square footage includes a portion of the garage area that can be converted to finished heat and air interior square footage. Public sewer is avail + public water is close by Separate driveway can be added to the left side of the lot. Plat is under documents This property must accompany a purchase contract to close at a future date agreed upon by sellers. The property is available for occupancy prior to purchase if, you also intend to purchase it (See mls # 25010988) It's not available for occupancy without also an agreement to purchase the property. Call listing agent for details. Owner will rent to purchase the property with a contract to buy the property is included in the transaction. Rent amount $2, 500 per month; terms negotiable.

Features

  • Bedrooms: 3
  • Baths: 2 full
  • Style: Ranch
  • Development: 63 - Summerville/Ridgeville
  • Year Built: 1988
  • Garage: 4-car Attached
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,000
  • Lot Desc: Wooded
  • Elem. School: William Reeves Jr
  • Middle School: Dubose
  • High School: Summerville
  • Pet Policy: Negotiable, Pets Negotiable
  • MLS#: 26007434
  • Days on Market: 60 days
  • Website: https://www.raveis.com
    /prop/26007434/302summersetlane_summerville_sc?source=qrflyer
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Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Listing courtesy of The Group, LLC

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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302 Summerset Lane, Summerville, SC, 29483

$2,500

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $2,000 $2,000 $2,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.133% 6.739% 5.952%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $12 $13 $17
Total Monthly Payment $87 $88 $92

* 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.