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1071 Lincoln Street, Summerton, SC, 29148 | $7,950
Enjoy the southern small town feel on this 0. 22-acre lot located in Summerton SC. This lot has greatpotential for your forever home or a great investment opportunity. Why pay lot rent when you can own yourown lot. Imagine a stunning new home or a charming, manufactured home here, this property could workfor either. Also, if you're looking for an investment opportunity, you could place a manufactured home herefor a rental opportunity. Access to water, sewer, and power at the street. Survey available. Seller financingavailable that allows you to start building and utilizing the property while making manageable monthlypayments. Located just outside the town of Summerton, you can find convenient amenities within a fewminutes along with local schools just 2-3 minutesEnjoy the southern small town feel on this 0. 22-acre lot located in Summerton SC. This lot has great potential for your forever home or a great investment opportunity. Why pay lot rent when you can own your own lot. Imagine a stunning new home or a charming, manufactured home here, this property could work for either. Also, if you're looking for an investment opportunity, you could place a manufactured home here for a rental opportunity. Access to water, sewer, and power at the street. Survey available. Seller financing available that allows you to start building and utilizing the property while making manageable monthly payments. Located just outside the town of Summerton, you can find convenient amenities within a few along with local schools just 2-3 minutes from the property. The property is centrally located 15 minutes from either Santee or Manning. Orangeburg SC is 40 minutes away and Columbia SC is just under an hour away.
Features
- Development: 87 - CLR - North of Summerton
- Elem. School: Out of Area
- Middle School: Scotts
- High School: Scotts
- MLS#: 25007027
- Days on Market: 33 days
- Website: https://www.raveis.com
/prop/25007027/1071lincolnstreet_summerton_sc?source=qrflyer
Listing courtesy of Chosen Realty LLC
William Raveis Family of Services
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Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1071 Lincoln Street, Summerton, SC, 29148
$7,950
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $6,360 | $6,360 | $6,360 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $40 | $42 | $53 |
| Total Monthly Payment | $115 | $117 | $128 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484