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This home showcases over $35, 000 in upgrades, all included in the sale! Situated in The Ponds, a picturesque master-planned community in historic Summerville, this property is ready for its new owners. The wide Charleston-style double porches, complete with gas-lit lanterns, evoke the timeless charm of Lowcountry living. Step through the oversized front door into the foyer, where you'll find a formal dining area that can easily adapt to other uses. The main floor also features a convenient bedroom attached to a full bath. The kitchen is equipped with stainless steel appliances, a gas stove, a spacious pantry, and a gleaming island with bar seating. This open layout seamlessly connects to the living room, creating an inviting space for relaxation and entertaining. Hidden just off the main area, built-in shelving with hooks provides a handy drop zone for keys, backpacks, or other essentials as you enter from the garage. Upstairs, the primary suite offers enhanced comfort with a custom closet system and a deluxe spa shower. Additional bedrooms upstairs are generously sized with ample closet space. The 5th bedroom/Bonus Room is a true highlight, offering versatility and stunning views of one of the ponds, making it a perfect retreat or hangout spot. The home also has adorable curb appeal and a low-maintenance yard! The Ponds community offers a wealth of amenities: pool, grilling stations, covered pavilion, gardens, farmhouse for events, coffee cottage, a unique treehouse playground, dog park, walking trails, open air amphitheater, and stocked ponds. The YMCA at the community entrance provides additional fitness and recreational options with a separate membership. Additionally, buyers using the seller's preferred lender can receive a lender credit to be applied towards closing costs and pre-paids. This credit is in addition to any negotiated seller concessions. Don't miss the chance to call this exceptional home and vibrant community yours!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $400,000 | $400,000 | $400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.050% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,528 | $2,628 | $3,348 |
Total Monthly Payment | $2,620 | $2,720 | $3,440 |
* 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.