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Welcome to 1004 Magnolia Lane in the heart of Moncks Corner, where comfort, functionality, and Southern charm come together in a quiet, established neighborhood. This inviting home features a bright, open layout designed for both everyday living and effortless entertaining. The spacious family room flows seamlessly into the main living areas, while the expansive kitchen, complete with sleek stainless steel appliances, and adjoining dining space create a natural gathering hub. A formal dining room offers additional flexibility, easily serving as a recreation room or second living area. Upstairs, a finished room over the garage provides versatile space for a home office, guest suite, or playroom. The primary bedroom serves as a relaxing retreat with an en suite bath featuring a double vanity and an oversized shower. Step outside to enjoy a large, fully fenced backyard with plenty of room for outdoor living, entertaining, or simply unwinding in privacy. In addition to the attached two car garage, a separate detached garage offers endless possibilities for a workshop, hobbies, or extra storage. With front and rear entry driveways from two different streets, the property offers exceptional convenience along with ample space for boat or RV storage. A well is also located on the property and can be activated if desired. Adding even more value, the home sits on the primary lot and includes an additional adjoining lot behind it, featuring its own separate TMS number, being conveyed with the sale. The neighborhood itself is a rare find along the Cooper River, offering a private deep water boat landing and dock, one of the only communities in the area with this feature. Residents also enjoy access to a community center, lakes, basketball court, and parks, all while benefiting from the freedom of a non HOA community. This property truly offers a unique combination of space, flexibility, and lifestyle, both at home and within the surrounding community.
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Our Executive Mortgage Banker:
$585,000
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 | $468,000 | $468,000 | $468,000 |
| 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% | 6.887% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,882 | $2,997 | $3,918 |
| Total Monthly Payment | $2,974 | $3,089 | $4,010 |
* 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.