Zoned R-2, this property presents an excellent opportunity for a cluster home development, allowing for efficient land use while maximizing density and design flexibility to meet the growing housing needs of the area.Surrounded by residential development, this property is ideally located just 5 miles from Cane Bay and 3 miles from Downtown Moncks Corner, offering convenient access to local restaurants, shopping, and amenities.Moncks Corner has experienced significant population growth, with an increase from 13,307 residents in 2020 to 16,621 in 2023--a 24.9% growth rate, according to the U.S. Census. This rapid expansion highlights the area's demand for housing and future development potential.
0 S Live Oak, Moncks Corner, SC, 29461
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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