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Welcome to 20 Lombardi Lane in Hanahan, SC a fantastic opportunity for investors, renovators, or buyers ready to create their dream home. Situated on a generous half-acre corner lot, this tri-level property offers 3 bedrooms and 2. 5 bathrooms, along with a flexible layout designed for both everyday living and entertaining. A private lower-level den provides the perfect space for relaxing, unwinding, or enjoying quiet time with family. Located in the established Otranto community, residents enjoy a lifestyle rich in outdoor amenities. Nearby Venice Park offers a floating launch for kayaks and canoes, a catch-and-release fishing pier, covered pavilion, and charming swings overlooking the water. The neighborhood also features multiple parks, including tennis courts, a playground, and aThe neighborhood also features multiple parks, including tennis courts, a playground, and a scenic waterfront park with additional launch access and fishing platforms. While there is no HOA, a voluntary civic club brings neighbors together through community events and gatherings. Perfectly positioned within the highly sought-after Hanahan school district, this home is approximately 7 miles from Charleston International Airport and just 15 miles from historic downtown Charleston, offering both convenience and accessibility. This property is being sold strictly as-is, and the seller will make no repairs. It presents an excellent opportunity to renovate, invest, or customize to your personal vision.
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Our Executive Mortgage Banker:
$390,000
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 | $312,000 | $312,000 | $312,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.313% | 6.398% | 5.710% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,846 | $1,921 | $2,548 |
| Total Monthly Payment | $1,921 | $1,996 | $2,623 |
* 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.