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Perfect Family Home in the Desirable Wakendaw Lakes NeighborhoodThis spacious 4-bedroom, 3. 5-bath home in the sought-after Wakendaw Lakes community of South Mount Pleasant is the perfect place to raise your family. Wakendaw Lakes is known for its abundant wildlife and stunning lakes, offering the perfect blend of peaceful living and natural beauty. The neighborhood is safe, friendly, and welcoming, with fantastic neighbors and a vibrant neighborhood civic association that regularly organizes social functions, ensuring a strong sense of community. The home sits on a lot and a half, offering plenty of room to design your dream outdoor space in your very own backyard. Whether it's hosting family gatherings, relaxing, or enjoying your favorite outdoor activities, this property provides the perfect canvas. The fenced-in backyard ensures privacy and safety for children and pets. Wakendaw Lakes is a nature lover's paradise, with miles of walking paths winding through tidal creeks and serene lakes. Regular sightings of local wildlife make for a peaceful and scenic environment to enjoy every day. A highlight of the property is the stunning camellia garden, lovingly cultivated by the owner with award-winning japonicas and reticulatas, both well-known and rare species. You'll enjoy beautiful blooms from winter through early spring, adding charm to your outdoor space year-round. Inside, the home offers a spacious master bedroom wing with great views of the backyard, providing a private retreat. The additional three generously sized bedrooms offer plenty of space for family and guests. A large living room extends into the backyard, perfect for both relaxation and entertainment. The kitchen was remodeled 11 years ago, featuring modern finishes and functional design. An addition 20 years ago added 800 sq. ft. of living space, giving you even more room to spread out. The home's HVAC systems are both in excellent condition, with one unit less than five years old and the other less than three years old. With a high and dry lot, no flood insurance is required, and the annual insurance cost is just $6, 400. For those in need of extra space, 2/3 of the garage was converted into an office, but it can easily be restored to its original garage layout if preferred. Wakendaw Lakes offers the perfect blend of peaceful living and community spirit, with access to excellent schools and everything South Mount Pleasant has to offer.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,032,000 | $1,032,000 | $1,032,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.813% | 6.739% | 6.581% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,354 | $6,608 | $8,919 |
Total Monthly Payment | $6,479 | $6,733 | $9,044 |
* 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.