131 Montpelier Street, Gaffney, SC, 29340 | $135,000

Walk along a beautiful paver walkway, step onto the covered front porch, settle into the charming porch swing, and slow down for a minute. This is the kind of home that makes you want to stay awhile. Built in 1957, this mill bungalow carries the character people are constantly searching for but rarely find intact. Inside, original hardwood floors have been beautifully restored, and wood slat ceilings run throughout the home, adding historic charm that you simply can’t recreate. The layout is simple and functional with 2 bedrooms, 1 bath, an eat-in kitchen, and a walk-in laundry room, all on one level. It lives easy, the way a home should. Out back, it only gets better. Picture summer afternoons on the deck, evenings by the pool, and a yard that’s already set up with stone landscaping and space to enjoy. The above-ground pool features a new pump and a large deck, so it’s ready when you are. And then there’s the space most homes this size don’t offer. Three separate utility sheds with electricity. Workshop, storage, hobby space, or all three. Set on a corner lot with a circular driveway and partially fenced yard, you also get quick access to I-85, making daily life and commuting simple without sacrificing the neighborhood feel. Here’s the reality most buyers are running into right now: finding a home in this price range that doesn’t need immediate work is getting harder by the day. This one is different. It’s clean, updated, and ready to go from day one.

Features

  • Amenities: None
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: 1st Floor, Walk-in, Laundry Room
  • Style: Traditional
  • Year Built: 1957
  • Heating: Natural Gas, Heat Pump
  • Cooling: Electric, Heat Pump
  • Basement: None
  • Acreage: 0.27
  • Est. Taxes: $593
  • Lot Desc: 1/2 Acre or Less, Few Trees
  • Elem. School: Luther Vaughn
  • Middle School: Gaffney
  • High School: Gaffney
  • Pool: Above Ground
  • Appliances: Electric Cooktop, Electric Oven, Microwave, Electric Water Heater
  • MLS#: 1586890
  • Days on Market: 53 days
  • Website: https://www.raveis.com
    /prop/1586890/131montpelierstreet_gaffney_sc?source=qrflyer
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Listing courtesy of EXP REALTY LLC   Phone: 888-440-2798

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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
  • Offers you pre-approval in minutes!
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131 Montpelier Street, Gaffney, SC, 29340

$135,000

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 $108,000 $108,000 $108,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.424% 6.628% 5.933%
Monthly Tax Payment $49 $49 $49
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $656 $682 $897
Total Monthly Payment $780 $806 $1,021

* 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.