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Don't miss out on this stunning NEW CONSTRUCTION HOME just minutes from downtown Charleston and Park Circle and located in one of the area's most exciting up-and-coming neighborhoods! This home features an open concept floorplan, offering a perfect blend of style and functionality with high end finishes throughout. From the gourmet kitchen with premium cabinets, countertops, and stainless steel appliances to the beautiful custom tiled baths, the quality speaks for itself. Other features include luxury vinyl flooring throughout, vaulted ceiling in the master bedroom, upgraded trim package, a one car garage, and much more. This is a prime location with lots of new construction happening throughout the neighborhood right now. Enjoy being approx. 4 mile to the trendy restaurants, bars, and the all new Park Circle All Inclusive Playground in Park Circle, less than 5 miles to vibrant downtown Charleston, and less than 3. 5 miles for great live music at places like the Refinery and Firefly Distillery. This is just a great new construction home in a prime location to enjoy all the happening things around the Charleston area. Please note that this property in this location may qualify with certain lenders for downpayment assistance and/or reduced interest rate. Seller also has 1994 groveland ave and 2003 Forest Ave. for sale in this neighborhood and 2008 Emden St. in Ferndale for a bigger home.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $343,600 | $343,600 | $343,600 |
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 | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,229 | $2,257 | $2,876 |
Total Monthly Payment | $2,304 | $2,332 | $2,951 |
* 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.