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Tucked away on Rose Lane, just off the entrance to the Old Village, this well-maintained four-bedroom, two-bathroom home offers a great blend of privacy, convenience, and charm. The owners recently conditioned the detached office/studio (103 sqft), making it ideal for a home office, gym, or creative retreat. The home welcomes you with a cozy front stoop and features a spacious back deck overlooking a generous yard, providing plenty of space for relaxing, entertaining, or letting children and pets run around and play. Thoughtful updates include new carpeting, fresh interior paint, an encapsulated and dehumidified crawlspace, new HVAC ducting, water pipes, and a tankless water heater. The exterior features new decking, gutters, doors, fresh paint, and fully updated landscaping with irrigation. Inside, the kitchen has a new refrigerator, microwave, and dishwasher. An additional storage shed out front adds convenient space for bikes, beach chairs, and anything else you might need. Located just 10 minutes from downtown Charleston and the beach, this property is situated in one of Mount Pleasant's most desirable neighborhoods. Shem Creek, Alhambra Hall, parks, restaurants, and shopping are all easily accessible within a short walk or golf cart ride. No HOA or flood insurance required. Move-in ready, low-maintenance, and tastefully updated, this home offers the best of Old Village living! To get to the house, turn onto May Lane and at the end of May Lane take the driveway to your right. Home will be at the end on the right.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $959,200 | $959,200 | $959,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.961% | 6.764% | 6.666% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,984 | $6,142 | $8,356 |
Total Monthly Payment | $6,109 | $6,267 | $8,481 |
* 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.