|
Welcome to 1505 7 Mile Rd, a beloved family cottage built around 1920 and cherished by the same family for generations. This adorable 2-bedroom, 1-bath home offers true tiny-home living with all the essentials--perfect for anyone craving a peaceful country escape from the hustle and bustle of city life. Nestled on a full acre, the property offers endless possibilities. Enjoy it as a cozy weekend retreat, expand its footprint, or build your dream home while keeping the original cottage as charming guest quarters. With well and septic already in place, the groundwork is set for whatever vision you bring. Please note that the home is being sold AS-IS. CONT. . . The location is a standout feature: Just 2 miles from I-26, making travel easy and convenient Approximately 15-20 miles (20-25 minutes) to Summerville Roughly 40-45 miles (45-55 minutes) to downtown Charleston Only 10-15 miles from the I-95 junction near Harleyville/St. George Whether you're seeking a quiet getaway, an investment opportunity, or a place to create something new, this Harleyville gem is ready for you to make your mark. So many possibilities are waiting on this sweet Lowcountry acre.
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:
$175,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $140,000 | $140,000 | $140,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $862 | $884 | $1,163 |
| Total Monthly Payment | $937 | $959 | $1,238 |
* 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.