204 Sea Cloud Circle, Edisto Island, SC, 29438 | $429,000

Best buy on a Single Family Home on Edisto Beach. This 2BR, 1BA home is conveniently located in the Ocean Ridge Resort and on a beautiful lagoon. The cottage has been updated and is tastefully furnished, ready for you to enjoy as a home or rental property. Enter via the comfortable front porch to the entrance hall with adjacent full bath and primary bedroom. The hall opens to a bright great room with cathedral ceilings and kitchen. Updates include a gas fireplace, remodeled kitchen with stainless appliances and granite countertops. The second bedroom or sunroom is located in the rear of the house as well as the comfortable deck with a view of the lagoon. There is room under the back of the house for beach chairs etc. Improvements list in documents, hurry this will not be on the market lon

Features

  • Amenities: Gated, Golf Course, Golf Membership Available, Security, Tennis Court(s), Trash, Walk/Jog Trails
  • Bedrooms: 2
  • Baths: 1 full
  • Style: Cottage
  • Development: 27 - CLN - Edisto Beach
  • Year Built: 1978
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 891
  • Lot Desc: High, Interior Lot, Level, Wooded
  • Elem. School: Northside Elementary
  • Middle School: Colleton
  • High School: Colleton
  • MLS#: 26008688
  • Days on Market: 56 days
  • Website: https://www.raveis.com
    /prop/26008688/204seacloudcircle_edistoisland_sc?source=qrflyer
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Listing courtesy of Edisto Real Estate Company, 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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204 Sea Cloud Circle, Edisto Island, SC, 29438

$429,000

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 $343,200 $343,200 $343,200
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 $2,113 $2,167 $2,850
Total Monthly Payment $2,188 $2,242 $2,925

* 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.