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Welcome to Lot E-29 in the beautiful and gated Jocassee Ridge Subdivision. An exceptional 2. 42 acre homesite offering the perfect blend of usability, privacy, and location. A homesite has already been cleared, which makes it easy to build your dream home without the added expense of extensive site work. The terrain is highly desirable and features mostly level ground and a gentle slope towards the back of the property. It is ideal for a variety of home styles and layouts. This lot is equipped with key utilities that make it truly build-ready. Power was already been run to this property. Also, a water tap is already installed through the Town of Salem Water Department, and the property also has an active onsite wastewater (septic) permit in place, which saves both time and upfront costs. In addition, the HOA dues are low at just $600 annually and minimum heated square footage is only 1, 650, allowing you to enjoy the benefits of a gated community without high ongoing expenses. Positioned at the end of a quiet cul-de-sac, Lot E-29 offers added privacy, minimal traffic, and a peaceful setting within the community. It’s also conveniently located near the subdivision’s boat and trailer storage area. The location truly sets this property apart. Just minutes away, Devils Fork State Park provides direct access to the crystal-clear waters of Lake Jocassee. In addition, Fall Creek Landing on Lake Keowee is only about 10 minutes away, offering another excellent option for boating and lake access. Whether you're planning a full-time residence or a mountain-lake getaway, Lot E-29 delivers convenience, preparedness, and options.
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Our Executive Mortgage Banker:
$50,000
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 |
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|---|---|---|---|
| Loan Amount | $40,000 | $40,000 | $40,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $246 | $256 | $335 |
| Total Monthly Payment | $321 | $331 | $410 |
* 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.