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MOVE-IN READY LAKEFRONT COTTAGE ON LAKE SECESSION - Well-maintained 2 or 3- bedroom, 2 bath lake cottage with cedar siding. Enter into the open concept kitchen, living, & dining area. With flexible floor plan, one room could serve as a bunk-bedroom, game room, bonusroom, or sunroom. Laundry room includes utility sink. Large lakeside covered porch offers excellent views. Property includes a lakeside firepit with stone patio, concrete sidewalk to the water, seawall, and covered floating dock. Beautiful, sodded Bermuda grass on lakeside. Year-round water provides boating and fishing in all seasons. Home has a 3-ton HVAC (4 years old), 24 kW whole-house Generac generator, 1, 000-galpropane tank, and 6” gutters with Gutter-Guards. Multiple outbuildings include a 32×32 garage/workshop with power, heat/air, garage doors &12’ lean-to for storing yard equipment, 20×20 carport, and additional storage building with power. Lake Secession is a hidden gem, at approx 7miles long and up to 60 ft deep with excellent fishing for bass, crappie, catfish, and bream. With mild South Carolina winters, you can enjoy boating and outdoor fun all year long. High-speed fiber optic internet available. Excellent schools & healthcare nearby. Convenient location: 10minutes to Iva for groceries & dining, less than 30 minutes to Anderson & Abbeville shopping, 1 hour to an international airport, 2. 5 hours to Atlanta or Charlotte, 4 hours to the SC coast. This lakefront home is truly move-in ready and offers everything you need for full-time lake living, a relaxing getaway, or a fantastic short-term rental investment. What a wonderful holiday gift for the whole family! Call today to schedule your private showing!
| Type | Dimensions | Level |
|---|---|---|
| Bedroom2 | 12x15 | Main |
| Bedroom3 | 15x19 | Upper |
| BreakfastRoomNook | 10x9 | Main |
| Kitchen | 10x9 | Main |
| Laundry | 9x8 | Main |
| LivingRoom | 14x18 | Main |
| PrimaryBedroom | 16x17 | Main |
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Our Executive Mortgage Banker:
$655,000
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 |
|
|---|---|---|---|
| Loan Amount | $524,000 | $524,000 | $524,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.533% | 5.794% |
| Monthly Tax Payment | $85 | $85 | $85 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,100 | $3,269 | $4,282 |
| Total Monthly Payment | $3,277 | $3,446 | $4,459 |
* 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.