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Daniels Orchard in Historic Summerville is a vibrant community yet quaint with only 73 residences. This like-new townhome awaits you in move-in ready condition. Imagine strolling or cycling to your favorite cafe, charming boutique shops, and a serene yoga studio, all nestled amidst the rich historical offerings of downtown Summerville. This spacious 3-bedroom, 3. 5-bathroom townhome offers an ideal blend of comfort and style. The first floor offers a bedroom or home office with a full bath. This space is also great for a workout room or guest retreat-excellent flex space. The second floor hosts the main living areas with an open kitchen, breakfast, family room, and office/reading nook. The 3rd floor consists of 2 bedrooms to include en-suite bathrooms and walk-in closets, also the laundry room. Most of the furniture in the home is negotiable on a separate bill of sale at a cost- even the TV's can remain making it an easy move-in or ready for corporate rentals or long term leases. A 2-car garage is attached making the entry to the home safe and convenient. The Charleston lowcountry style of the home with the full front porch and additional porch on front as well as the screened porch on the back allow you to enjoy outdoor living. The construction of the townhomes in Daniels Orchard is that an elevator can be installed from first floor to third floor. Located conveniently 25 miles from the historic downtown Charleston, Lowcountry beaches, picturesque Shem Creek in Mount Pleasant, the iconic Cooper River Bridge, and a host of other attractions awaiting your exploration just beyond the peninsula. DO HOA- $365/bi-annually. Covers green spaces, gazebo, firepit, pond maintenance, dog stations, property management company. Townhomes at DO regime- $385/monthly. This covers grounds maintenance, building maintenance to include roof, building insurance (buyer would need an HO6 policy for interior), termite bond, and additional property management.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $340,000 | $340,000 | $340,000 |
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% | 7.050% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,149 | $2,234 | $2,846 |
Total Monthly Payment | $2,224 | $2,309 | $2,921 |
* 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.