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Priced approximately $50, 000 under current appraised value, this executive brick home in the highly desirable Ashborough East neighborhood of Summerville presents a rare opportunity for buyers seeking immediate equity, long term value, and one of the best opportunities currently available in Dorchester District 2. Whether you are an investor looking for upside potential or a homeowner wanting space, location, and future appreciation, this property offers exceptional value in one of Summerville's most established communities known for mature trees, larger homesites, and strong resale demand. This 4 bedroom, 3 bath home features a spacious and functional floor plan designed for entertaining, working from home, or multi generational living. The impressive two story foyer opens to a formaldining room, private study filled with natural light, and a large family room with vaulted ceilings that creates an open and inviting atmosphere. The kitchen offers stainless steel appliances, abundant cabinet space, and a breakfast area overlooking the backyard. A guest bedroom and full bath on the main level provide flexibility for visitors, extended family, or a private office setup. Upstairs, you will find three additional bedrooms including a generous primary suite with sitting area, walk in closet, garden tub, and separate shower. Wood floors throughout much of the first floor and newer carpet upstairs add to the home's clean and well maintained feel. The side load two car garage provides additional driveway parking while enhancing curb appeal. Outdoor living spaces include a double deck, firepit area, and fenced backyard with room for entertaining, pets, or future outdoor upgrades. Residents of Ashborough East enjoy sought after amenities including a clubhouse, pool, tennis courts, and RV and boat storage, all conveniently located near downtown Summerville, shopping, restaurants, parks, and easy access to Charleston. Opportunities to purchase a home of this size and caliber with built in equity potential in Ashborough East are increasingly hard to find.
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Our Executive Mortgage Banker:
$589,900
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 | $471,920 | $471,920 | $471,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,826 | $2,944 | $3,887 |
| Total Monthly Payment | $2,918 | $3,036 | $3,979 |
* 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.