647 Blackwell Road, Greer, SC, 29651 | $2,300,000

Nestled within the city limits of Greer, South Carolina, 647 Blackwell Road offers a compelling canvas for a quality single family residential community in the heart of Upstate SC’s most dynamic growth corridor. This ±48. 2-acre tract is proposed for 83 single family detached lots zoned TN (Traditional Neighborhood) a designation that promotes walkable, connected neighborhood design with street trees, sidewalks, and appropriately scaled residential living. All utilities are in place, and the seller has invested significantly in pre-development work, delivering a prospective buyer a concept site plan prepared by Civil SD, LLC, topographic mapping, and a thorough zoning analysis. Two stormwater ponds are incorporated into the concept plan, and the natural character of the site — including blooming tree canopy and rolling Upstate topography with Blue Ridge Mountain views — provides an exceptional setting for a community that residents will be proud to call home. Property Overview • 48. 2 Acres within the city limits of Greer, SC • All utilities available • Seller has substantial amount of Due Diligence Completed • Proposed 83 Lots • ± 1. 82 Lots Per Acre • Actual Site Density: 7. 5 Lots per Acre • Residential Unit Mix: • Pad Sizes: 50' X 100' • Zoned Public Schools • Woodland Elementary • Greer Middle School • Greer High School

Features

  • Amenities: None
  • Lot Desc: 25 - 50 Acres, Rural, Wooded
  • Elem. School: Woodland
  • Middle School: Greer
  • High School: Greer
  • MLS#: 1586264
  • Days on Market: 34 days
  • Website: https://www.raveis.com
    /prop/1586264/647blackwellroad_greer_sc?source=qrflyer
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Listing courtesy of Reedy Property Group   Phone: 864-568-5102

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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647 Blackwell Road, Greer, SC, 29651

$2,300,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,840,000 $1,840,000 $1,840,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.312% 6.259% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,884 $11,180 $15,527
Total Monthly Payment $11,009 $11,305 $15,652

* 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.