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Welcome to 717 Woodward Road, a charming brick home in the highly sought-after Moreland subdivision! This 2-bedroom, 1-bathroom residence offers 1, 656 square feet of versatile living space, featuring flex areas that can serve as an office, home gym, or easily converted into additional bedrooms. With multiple entrance and exit points throughout the house, the layout allows for endless creative opportunities in design and functionality, including the potential to add a second story. Set on a quarter-acre lot with no HOA, this home provides ample room for outdoor activities. The screened-in porch opens to an expansive front yard, where you can enjoy picturesque front-facing glimpses of the Ashley River, framed by magnificent oak trees. The spacious fenced-in backyard creates a private oasis, while a beautiful stone patio just off the kitchen is perfect for outdoor entertaining and al fresco dining. Additionally, there's a detached one-car garage with plenty of storage and workspace. Located in an X flood zone, you can have peace of mind in this desirable area, just minutes away from historic downtown Charleston. Don't miss the chance to make this lovely home your own!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 7.075% | 6.172% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,502 | $3,547 | $4,520 |
Total Monthly Payment | $3,594 | $3,639 | $4,612 |
* 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.