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Presented by
Debbie Cerra |
Multiple offers! Please submit highest and best offer by Thursday, 6/25 at 2pm. Nestled on a quiet residential street in the heart of Old Mount Pleasant, this home sits on an approximately 0. 20-acre lot and offers an exceptional opportunity for renovation, expansion, or redevelopment. Few locations provide the walkability and convenience found here--enjoy easy access by foot, bicycle, or golf cart to neighborhood restaurants, parks, churches, shops, and highly regarded schools. Mount Pleasant Academy is located just down the street, ~ one-half mile away. Just minutes from Downtown Charleston, and Sullivan's Island, placing some of the Lowcountry's most desirable destinations within easy reach. There is a magnificent mature live oak in the front yard, creating a timeless sense of character and curb appeal. The existing home is positioned within the tree's canopy, offering a unique opportunity to thoughtfully design around one of the property's most valuable natural assets. The spacious backyard provides ample room for expansion, outdoor living areas, or a future custom home. Whether you're looking to renovate, build new, or secure a homesite in one of the Charleston area's most sought-after neighborhoods, this property offers a rare combination of location, charm, and long-term potential. Please use ShowingTime or contact Prospect Real Estate Brokers, LLC to schedule tours. Please do not contact the owner or tenants.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,275,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 617.839.0582
Debbie.Cerra@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 781.490.5670
Andrew.vanDyk@raveis.com
NMLS Mortgage Loan Originator ID 23716
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,020,000 | $1,020,000 | $1,020,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.228% | 6.086% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,952 | $6,115 | $8,607 |
| Total Monthly Payment | $6,077 | $6,240 | $8,732 |
* 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.