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CLASSIC BEACH HOUSE -This home is the 3rd back from the Atlantic Ocean and located on a main beach access. The main level has 2 Bedrooms, 1 Bath, a full kitchen and great room. The top floor has 3 Bedrooms, 2 full baths, Kitchen, dining room, LR, and a relaxing sunroom. This home is great for 2 families, or grandparents who want to stay on main level. Lots of outside space with an in ground pool, new outdoor TIki Bar, and lots of colorful furniture. Fully fenced back yard. All bathrooms renovated in 2023, new HVAC 2023, newly painted with and shiplap accents. Home being sold as is and fully furnished. Including all furnishings, kitchen items and artwork. Home currently managed by Carolina One Vacation Rentals. Come see this home today and own a piece of Isle of Palms History. While this home has been renovated, if you choose to build a new home on this lot, it has a great potential for Ocean Views. Sister property 5 25th for sale also.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,120,000 | $2,120,000 | $2,120,000 |
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 | $12,881 | $13,400 | $18,322 |
Total Monthly Payment | $13,006 | $13,525 | $18,447 |
* 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.