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Opportunity, space, and long-term potential on nearly 1. 5 acres in Wellford, SC. Welcome to 220 Millwood Ln, a brick ranch home offering 1, 915 square feet, 3 bedrooms, 2 full bathrooms, an office/flex room that could function as a 4th bedroom, open concept living, vaulted ceilings, a wood-burning fireplace, a 2-car garage, and a large 1. 47-acre lot with no HOA. Inside, this Wellford home features a spacious living room with vaulted ceilings and an open floor plan connecting the living area, dining area, and kitchen. The additional office/flex room provides valuable extra space for working from home, a playroom, hobby room, guest room, or potential 4th bedroom. The home is livable now, while also offering the next owner the opportunity to update, renovate, improve, and build equity over time. Outside, the property is where this opportunity really stands out. With 1. 47 acres, there is room to spread out, garden, park, play, entertain, have a chicken yard, or simply enjoy more privacy than a typical subdivision lot can provide. According to the seller, approximately 0. 50 acres may have potential to be subdivided for a separate homesite. Whether you are looking for a home with land, a large yard, no HOA, future flexibility, or the possibility of creating additional value, this lot gives you options that are becoming harder to find at this price point. The home also includes covered front and back porch areas, mature landscaping, generous parking, and a two-car garage with additional storage space. Located in a growing Wellford area with convenient access to Spartanburg, Greer, Duncan, Lyman, I-85, and major Upstate employment corridors, 220 Millwood Ln offers a rare combination of land, location, livability, and upside. If you have been searching for a Wellford home for sale with over an acre, no HOA, a brick ranch layout, and real potential under the $300, 000 price point, this is one you will want to see!
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Our Executive Mortgage Banker:
$299,900
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 | $239,920 | $239,920 | $239,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.952% |
| Monthly Tax Payment | $221 | $221 | $221 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,458 | $1,515 | $1,992 |
| Total Monthly Payment | $1,754 | $1,811 | $2,288 |
* 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.