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Welcome to the Magnolia floor plan in the highly sought after Essex section of Carolina Bay. This move-in-ready home features gorgeous HARDWOOD flooring throughout the ENTIRE home, a GAS FIREPLACE, TANKLESS water heater, 2 car detached garage and a FENCED yard. The home was designed for flexibility with a FIRST-FLOOR BEDROOM and FULL bathroom (newly renovated in 2024) that provide the perfect setup for guests, a home office or multi-generational living. The open-concept main living area is ideal for both everyday living and entertaining. The spacious kitchen which was also newly renovated in 2024 includes a GAS RANGE, a farmhouse sink, pullouts in the kitchen cabinets, abundant prep space and a gorgeous backsplash. Just off the kitchen, a SCREENED PORCH overlooks the backyard andPAVER PATIO creating a seamless indoor-outdoor living experience. Upstairs, the second floor offers a large primary suite with a PRIVATE BALCONY, two additional bedrooms and a dedicated laundry room with cabinetry for added storage. The third-floor BONUS room adds even more flexibility and can easily function as a FIFTH BEDROOM, playroom, media room or private retreat. Situated on a homesite which has a beautiful POND directly across from the front of the home and a WOODED area to the rear of the property, this location offers rare privacy in one of West Ashley's most popular communities. Carolina Bay offers more than beautiful homes - it offers a way of life you'll love! The neighborhood features THREE community POOLS, multiple playgrounds, a DOG PARK and miles of trails. There's even a three-acre PARK that hosts fun neighborhood events like Food Truck Fridays, outdoor movie nights and holiday celebrations. You'll also love the location - just minutes from the airport, shopping, dining, downtown Charleston, medical facilities and the beaches. Life in Carolina Bay is more than a home - it's a lifestyle. Begin living the Carolina Bay Life today.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$659,000
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 | $527,200 | $527,200 | $527,200 |
| 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 | 6.345% | 6.533% | 5.783% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,119 | $3,289 | $4,305 |
| Total Monthly Payment | $3,211 | $3,381 | $4,397 |
* 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.