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Welcome to 1902 Morgan, this well-maintained home has a lot of appealing features! The spacious open floor plan inside, combined with the large, detached shop, is ideal for someone who needs extra storage or workspace, or an area to put vehicles/boats or all the toys. The shop is approx. 20x30' with a separate electrical panel with 110 and 220 circuits, additional hanging shelving, window, 3'-man door and Double roll-up garage door with 5' overhang, and tons of storage. This definitely adds value and functionality. The home is one of the few in the area that is Charleston County unincorporated area. The Roof was replaced in Feb 2020 with 30yr 130mph Arch System. Centrally located near major highways (I-526 & I-26) and close to key areas like downtown Charleston, Mt. Pleasant, and Summerville another great selling point. Located near the new Hannah Recreation Center and Boat Dock. Plus, no HOA means fewer restrictions, which is always a bonus. The private backyard with mature oak trees, and pecan trees is a blank slate waiting to be transformed into your own private oasis. This one won't last long, schedule your showing today!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $263,920 | $263,920 | $263,920 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,647 | $1,734 | $2,209 |
Total Monthly Payment | $1,722 | $1,809 | $2,284 |
* 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.