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113 Germantown Road, Summerville, SC, 29483 | $315,000
Calling Investors and buyers looking for a prime location in downtown Summerville. This home sits in a highly desirable location, just minutes from the charm and conveniences of historic district but without the complications of the governances of the historic district restrictions for renovations. Buy to flip or would qualify for conventional loan. This classic brick ranch home has been professionally measured at 1, 601 sqft. 3 Bedrooms, 1. 5 Baths, built in 1980, . 30-acre fenced lot, hardwood floors, Enclosed garage for additional indoor space, detached storage building, re-plumbed (5 years ago) to remove copper lines, newer HVAC and some ductwork. The tenant has recently moved out, making this home available for immediate sale. The structure is solid, with great bones, and the existing hardwood floors add timeless character. With some thoughtful updates, this home has incredible potential to shine. Priced to sell in as-is condition. Seller to make no repairs. Only known issue is moisture in wood under the shower- home needs new shower, tile is old and causing a leak. It was under a termite bond until recently when the moisture under shower was discovered through routine termite bond renewal. Seller is owner.
Features
- Bedrooms: 3
- Baths: 1 full / 1 half
- Style: Ranch
- Development: 63 - Summerville/Ridgeville
- Year Built: 1980
- Heating: Natural Gas
- Cooling: Central Air
- Approx Sq. Feet: 1,601
- Acreage: 0.3
- Elem. School: Summerville
- Middle School: Alston
- High School: Summerville
- MLS#: 25005787
- Days on Market: 42 days
- Website: https://www.raveis.com
/prop/25005787/113germantownroad_summerville_sc?source=qrflyer
Listing courtesy of Keller Williams Key
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
113 Germantown Road, Summerville, SC, 29483
$315,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $252,000 | $252,000 | $252,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,593 | $1,655 | $2,110 |
| Total Monthly Payment | $1,668 | $1,730 | $2,185 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484