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Location, Location, Location!Discover this inviting one-bedroom condo in the heart of highly desirable Mount Pleasant. Perfectly situated just north of the Isle of Palms connector on Highway 17, this property offers both convenience and a vibrant lifestyle. Recently enhanced with over $30, 000 in thoughtful renovations, this condo is move-in ready!Step into a brand-new kitchen featuring stylish light gray cabinets with soft-close doors, granite countertops (with room for two barstools), and a chic subway tile backsplash. The matte black workstation sink, with a professional-style pull-down sprayer faucet and a new garbage disposal elevate the kitchen's functionality and aesthetic. A Whirlpool stainless steel appliance package and pendant lighting complete the kitchen updates. Vaulted ceilings lend an open, spacious feel to the living area, which comfortably fits a sofa, TV/entertainment system, and a desk. The BRAND-NEW bathroom includes matte porcelain marble-like tile, a vanity, and modern lighting and mirror. The tub/shower combination features white subway tile and a glass shower door with matte black trim. The laundry area, equipped with a six-month-old Samsung washer and dryer and shelving for storage, is cleverly concealed behind new bi-fold barn doors, maximizing your living space. Storage is ample, with a walk-in closet, linen closet and balcony storage for your beach gear. The metal railing on the balcony is scheduled for replacement with trendy white vinyl, which will enhance the outdoor space. Residents of The Meridian enjoy access to wonderful amenities, including a pool, gym, tennis courts, a playground, a clubhouse, and an Amazon Hub for secure package delivery. The low HOA fee ($243/month) covers water, exterior maintenance, pest control, property liability and flood insurance. Whether you are looking for a pied-à-terre or an investment property, you can embrace the coastal lifestyle with easy access to the beach by bike, leisurely strolls to the Towne Centre, and a short eight-mile drive to all downtown Charleston has to offer. Buyer/buyer's agent to verify anything deemed important such as square footage, flood zone, schools, etc.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $231,200 | $231,200 | $231,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,500 | $1,558 | $1,982 |
Total Monthly Payment | $1,575 | $1,633 | $2,057 |
* 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.