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Wondering whether there is a spacious, no HOA home near Woodruff Road conveniences? This 3-bed brick ranch in Simpsonville offers 3 bedrooms, 2 baths, approx. 1, 809 heated sqft, and a 0. 95-acre corner lot with flexible garage, workshop, and storage space less than a mile from shopping and dining. Welcome to 101 Colonial Lane, a classic mid-century brick ranch in Simpsonville with the kind of lot size, storage, and location buyers continue to look for. Listed at $365, 000, this one-level home sits on an approx. 0. 95-acre corner lot with no HOA and convenient access to Woodruff Road, Highway 14, shopping, dining, and everyday services. Inside, the home features updated luxury vinyl plank flooring, refreshed lighting, updated toilets, a warm wood-burning fireplace, a spacious living room, den, kitchen, laundry area, and a screened porch. The layout includes 3 bedrooms and 2 full baths on the main level, with approx. 1, 809 heated sqft and room to personalize over time. For buyers searching for a 3-bed brick ranch in Simpsonville with extra garage and workshop space, this property stands out. In addition to the 20x30 garage, there is a detached 20x20 garage with power and its own meter, creating excellent flexibility for storage, hobbies, equipment, parking, or workspace needs. The kitchen and bathrooms are ready for future updating, and the price has been thoughtfully positioned with those improvements in mind. That gives buyers the opportunity to personalize while starting with a solid brick exterior, generous land, no HOA, functional improvements, and a desirable location near major Simpsonville conveniences. School zoning includes Monarch Elementary, Mauldin Middle, and Mauldin High.
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Our Executive Mortgage Banker:
$365,000
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 | $292,000 | $292,000 | $292,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $137 | $137 | $137 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,798 | $1,844 | $2,425 |
| Total Monthly Payment | $2,010 | $2,056 | $2,637 |
* 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.