311 Cumberland Way, Anderson, SC, 29621 | $390,000

This property comes with a rate buy-down, reducing the buyer’s interest rate for the first two years of their loan. Buyer is not obligated to use preferred lender – however must use preferred lender to receive the buy down. Lender can issue loan approvals in as little as 5 days and close in 15. Restrictions apply. Situated on a peaceful 1. 18-acre lot in the desirable Beaver Creek subdivision, this spacious ranch home offers over 3, 775 square feet of finished living space with six bedrooms and three full bathrooms. Thoughtfully designed for comfortable everyday living and entertaining. The main level features four bedrooms, including a spacious primary suite, along with beautiful hardwood and ceramic tile flooring. One secondary bedroom offers direct access to the screened porch, creating the perfect private retreat or guest space. The kitchen is equipped with granite countertops, a smooth-top cooktop, dishwasher, and abundant cabinetry. The finished walkout basement provides incredible flexibility with 2 additional bedrooms, full bathroom, recreation room, and a sink already connected, making it ideal for an in-law suite, guest quarters, home business, or entertaining. The basement also features its own private entrance and exit for added convenience. Outdoor living is a true highlight of this property. Relax year-round on the spacious screened porch or enjoy the privacy of the fenced backyard surrounded by mature hardwood trees and a Tiki bar. A side entrance provides additional access to the home, while the updated retaining wall enhances both the functionality and appearance of the backyard. Additional features include a walk-in crawl space for easy storage and maintenance, attic access through the garage, a newer HVAC system that has been professionally serviced annually, newly installed grounded exterior electrical outlets, a sliding glass door leading to the outdoor living space, and a septic system that was cleaned within the last six months. For added peace of mind, the home has been maintained with regular Terminix service every four months. With public water, natural gas, no HOA, and an abundance of flexible living space, this well-maintained property offers the perfect blend of privacy, functionality, and comfort. Conveniently located just minutes from shopping, dining, and schools, this is a home you'll want to experience in person. This property is located in a USDA-eligible area, offering potential 100% financing for qualified buyers.

Features

  • Rooms: 13
  • Bedrooms: 6
  • Baths: 3 full
  • Laundry: Washer Hookup,Electric Dryer Hookup
  • Style: Ranch
  • Development: 108-Anderson County,SC
  • Year Built: 1977
  • Garage: 2-car
  • Heating: Gas
  • Cooling: Central Air,Electric
  • Basement: Daylight,Full,Finished,Heated,Interior Entry,Walk-Out Access
  • Acreage: 1.18
  • Lot Desc: Gentle Sloping,Hardwood Trees,Outside City Limits,Subdivision,Sloped
  • Elem. School: North Pointe Elementary
  • Middle School: Mccants Middle
  • High School: Tl Hanna High
  • Appliances: Dryer,Dishwasher,Electric Oven,Electric Range,Gas Water Heater,Microwave,Refrigerator,Smooth Cooktop,Washer,Plumbed For Ice Maker
  • MLS#: 20302964
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/20302964/311cumberlandway_anderson_sc?source=qrflyer
The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS®, Inc. and the Western Upstate Multiple Listing Service, Inc This information is deemed reliable, but not guaranteed. Neither, the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by the Western Upstate Association of REALTORS®, Inc. and Western Upstate Multiple Listing Service of South Carolina, Inc. for use by its members and is not intended for the use for any other purpose.
Listing courtesy of Western Upstate Keller William   Phone: (864) 225-8006

Room Information

Type DimensionsLevel
Bedroom4 10.2 x 12Main
Bedroom5 22.6 x 11.4Lower
Den 25.7 x 23.8Main
DiningRoom 10 x 13Main
Kitchen 14 x 15Main
Laundry 7.10 x 6Main
Other 17 x 22Lower
PrimaryBathroom 13.8 x 5Main
Recreation 18.6 x 23Lower
ScreenedPorch 23 x 9.6Main

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

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311 Cumberland Way, Anderson, SC, 29621

$390,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $312,000 $312,000 $312,000
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% 5.972%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,896 $1,970 $2,591
Total Monthly Payment $1,971 $2,045 $2,666

* 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.