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Set on a spacious . 24-acre lot, this charming 4-bedroom, 2-bath elevated home offers peaceful views of the Folly River from the front, creating a serene coastal retreat! The property spans from E Erie Street to E Cooper Street, placing it in a prime location just a short, three-block walk from the beach. The home boasts a beautifully updated kitchen with sleek marble countertops, a stylish backsplash, modern appliances, and an elegant sink and faucet. The primary bathroom has been fully renovated with a luxurious marble stand-up shower, new vanity, toilet, and heated marble floors. The first floor features airy vaulted ceilings and gleaming heart pine floors, adding warmth and character to the space. Thoughtful upgrades throughout include updated plumbing, fresh interior paint, and the conversion of the loft into a 4th bedroom. This home offers an abundance of outdoor living. Both the front and back decks have been fully replaced, providing perfect spaces for relaxation or entertaining. The beautifully landscaped backyard is a private oasis, featuring mature orange and grapefruit trees, along with two-year-old plum and banana treesideal for enjoying the stunning Lowcountry weather. A new irrigation system keeps the lawn lush and vibrant year-round. Two large storage rooms underneath the home offer ample space for all your belongings, and after a day at the beach, you can rinse off in the convenient outdoor shower. The home features all three bedrooms and the laundry room on the first floor, with a versatile 4th bedroom upstairs that could also serve as an office, studio, or workout space. The upgraded fireplace includes a gas hookup and logs, creating a cozy ambiance for cooler evenings. This property perfectly blends comfort, flexibility, and an unbeatable location in the heart of Folly Beach!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,276,000 | $1,276,000 | $1,276,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.637% | 6.540% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,753 | $8,065 | $11,028 |
Total Monthly Payment | $7,878 | $8,190 | $11,153 |
* 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.