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If you have been looking for a well-established neighborhood on Spartanburg's east side with great schools, a great location, and a home that actually has character — this is the one. 295 Fairlane Drive is a four-bedroom, two-and-a-half-bath home sitting on a beautiful 0. 58-acre fenced lot shaded by mature hardwoods. The kind of lot and neighborhood that families move into and simply do not leave. Zoned for Spartanburg High School and just 15 minutes to downtown Spartanburg, shopping, dining, and easy interstate access — the location alone is hard to beat. The main-level owner's suite is a standout feature — private den with a gas log fireplace, spacious bedroom with walk-in closet, and a full bath with direct access to the screened porch. That porch is something special: brick walls, a vaulted wood-plank ceiling, string lights, and a ceiling. It is the spot where this family has spent a lot of good evenings — and the next owners will too. Out back you have a deck with a fire pit, a gravel patio with raised brick planters, and a quality metal-roof outbuilding with power — perfect for a workshop, garden center, storage, or hobby space. Inside, hardwood floors run through the foyer, living room, and dining room. The great room has a vaulted ceiling and connects naturally to the outdoor spaces. The kitchen features sage cabinetry, stainless appliances including a smooth top range, and a breakfast area with backyard views. Upstairs, three nice bedrooms with hardwood floors give growing families all the space they need, along with a full bath and a half, laundry closet, and pull-down attic storage. Lush, mature landscaping surrounds the entire property. This is a solid, character-filled home in one of Spartanburg's most desirable east side locations — priced to move and ready to welcome its next family.
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Our Executive Mortgage Banker:
$340,000
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 | $272,000 | $272,000 | $272,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $103 | $103 | $103 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,629 | $1,717 | $2,259 |
| Total Monthly Payment | $1,807 | $1,895 | $2,437 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.