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''Just Sew'' is a charming, classic Edisto Beach cottage built around 1938, located on a sought-after second-row lot with direct beach access. Now is your chance to own this charming cottage. The home has a vintage floor plan with a central living and dining area surrounded by bedrooms, baths, and a kitchen. The present owners made two major renovations. One renovation was made in 1998 and the other in 2005. In 1998 the following updates were made: removal of the asbestos shingles from the exterior, rebuilt steps in front and back of the house, installed a metal roof, replaced all windows, removal of the linoleum to discover pine flooring underneath which was refinished, new cabinetry and appliances in the kitchen, installed a central HVAC system, built an outside shower and created acircular driveway. In 2005 was the second major renovation. A few of the updates that were made are: added shake vinyl siding and a concrete pad under the house. In 2018 the HVAC was replaced. Please ask your agent to provide a complete list of all of the renovations that have been made over the years. Do not miss this opportunity to make your own memories in this classic beach home. It is being sold furnished with few exceptions. This property offers an authentic, cozy beach experience while maintaining its original character.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,270,400 | $1,270,400 | $1,270,400 |
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 | $7,719 | $8,030 | $10,979 |
Total Monthly Payment | $7,844 | $8,155 | $11,104 |
* 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.