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8 Cedar Lane, Calhoun Falls, SC, 29628 | $175,000

BRICK HOUSE LESS THAN 2 MILES FROM ONE OF SAVANNAH RIVER’S MOST PRISTINE LAKES: LAKE RUSSELL - Perfect for full-time living, a weekend retreat, or an income-producing rental. With close proximity to Lake Russell, this property is ideal for easy access to excellent fishing, hunting, swimming & boating. On nearly 1 acre of land, plenty of room to park and store boats, trailers, and recreational equipment. Inside, the home offers a large living room with a wood-stove fireplace and convenient log storage that can be loaded from outside. 3 bedrooms & 1 ½ bathrooms plus kitchen & dining room complete this private property on a corner lot. Major improvements are already in place, including a new HVAC system with new ductwork in 2025 and a new metal roof in 2020. Both bathrooms have been updated. High speed fiber optic internet is available so working from home is easy. Screened-in carport adds flexible outdoor living space for relaxing after a day on the lake. There is a brick building in the back yard that can be used for storage or a workshop. The home needs cosmetic updating and some repair work, offering a great opportunity to add value and make it your own in a highly desirable lake-area setting. Located in the friendly small town in historic Abbeville County, Calhoun Falls hosts fun festivals throughout the year and even a community-wide yard sale. Conveniently situated only 30 minutes to Greenwood, 45 minutes to Anderson, and just an hour to Augusta, GA—this is the perfect mix of small-town charm and accessibility. It is time to slow down & affordably start living the small-town life!

Features

  • Bedrooms: 3
  • Baths: 1 full / 1 half
  • Style: Ranch
  • Development: 510-Abbeville County,SC
  • Heating: Central,Electric,Heat Pump,Wood
  • Cooling: Central Air,Electric
  • Basement: None,Crawl Space
  • Acreage: 0.9
  • Lot Desc: Corner Lot,Outside City Limits,Subdivision
  • Elem. School: Abbeville Area
  • Middle School: Abbeville Area
  • High School: Abbeville Area
  • Appliances: Dryer,Electric Oven,Electric Range,Electric Water Heater,Refrigerator,Washer
  • MLS#: 20300229
  • Days on Market: 7 days
  • Website: https://www.raveis.com
    /prop/20300229/8cedarlane_calhounfalls_sc?source=qrflyer
The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS®, Inc. and the Western Upstate Multiple Listing Service, Inc This information is deemed reliable, but not guaranteed. Neither, the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by the Western Upstate Association of REALTORS®, Inc. and Western Upstate Multiple Listing Service of South Carolina, Inc. for use by its members and is not intended for the use for any other purpose.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Kimmi DeKlynSales Associate

503.507.3524

Kimmi.DeKlyn@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Mace L. RattetVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69957

914.260.5535

Mace.Rattet@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!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Francine SilbermanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69244

914.260.2006

Francine.Silberman@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!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Alex FerroInsurance Sales Director, William Raveis Insurance

203.610.1536

Alex.Ferro@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

8 Cedar Lane, Calhoun Falls, SC, 29628

$175,000

Kimmi DeKlyn

Sales Associate

William Raveis Real Estate

Phone: 503.507.3524

Kimmi.DeKlyn@Raveis.com

Mace L. Rattet

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.5535

Mace.Rattet@raveis.com

NMLS Mortgage Loan Originator ID 69957

Francine Silberman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.2006

Francine.Silberman@raveis.com

NMLS Mortgage Loan Originator ID 69244

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
 15 Year
Fixed-Rate Conforming
Loan Amount $140,000 $140,000 $140,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.250% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.275% 6.398% 5.595%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $817 $862 $1,135
Total Monthly Payment $892 $937 $1,210

* 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.

Equal Housing Lender

William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484