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Located in the heart of Landrum, this beautifully updated 3BR/2BA home was taken down to the studs in 2018, with a new roof, HVAC, windows, plumbing, electrical, gas tankless water heater, and ductwork—all updated at that time. The open-concept layout features hardwood floors, a gas log fireplace with real wood paneling, and large vinyl windows for natural light. The oversized kitchen boasts quartz countertops, a gas range, walk-in pantry, island, and glass-front cabinets. The primary suite includes a tile shower, dual vanities, a walk-in closet with laundry, and a built-in desk area. A detached 20x20 metal shop with power, a sink, and a fan for perfect climate controlled storage environment. Fully fenced yard! Walk to Brookwood Park, OP Earle Elementary, and downtown. Located next door to Caro-mi restaurant - opening soon! Easy access to I-26, Saluda, Hendersonville, Inman, and Spartanburg. Spartanburg Co. District One best buy! C-2 zoning (Neighborhood business district) which means: short term rental is fine, general offices, retail stores, and personal service businesses.
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William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $268,000 | $268,000 | $268,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $148 | $148 | $148 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,672 | $1,761 | $2,243 |
Total Monthly Payment | $1,895 | $1,984 | $2,466 |
* 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.