Salem, SC, 29676 | $395,000

The Keowee life awaits you in Cliffs Falls South. The private setting and deep water contribute to the attributes of this home site. The gentle slope leading to the waterfront is an ideal luxury build site with 2. 19 acre homesite. Position your home to capture the long water views as the sun glistens off the water when there is an opportunity for a southern exposure. This is not a dockable waterfront property. The Cliffs Falls community is unique in its offerings to its property owners. The annual HOA dues includes free use of the Sports, Activity and Wellness Park, featuring resort style pool, fitness center, four tennis courts, activity field, property owner pavilion and more. Travel by golf cart to the wellness center, walking trails, and waterfall. The Cliffs Falls South amenities are truly minutes away. The Buyers are responsible for verifying membership availability or possibilities as the property does not have a membership. The Jack Nicklaus golf course is one of several Cliffs' golf courses. Buyers are responsible for verifying the information provided, which is believed to be correct. The Buyer(s) may wish to obtain a survey if it is important to them. This community is governed by CCRs. There are fees for the community and membership fees related to the usage of several of the amenities. Cliffs Falls property ownership and annual HOA dues include the use of the Sports, Activity, and Wellness Park, which includes tennis courts, a pool, trails, a pavilion, and a garden-like setting for your enjoyment. Fees are subject to change. This is a gated community and you must be accompanied by a licensed real estate agent and present your card to the gate attendant.

Features

  • Amenities: Boat Storage, Common Areas, Fitness Center, Gated
  • HOA Fee: $2,400 Annually
  • Lot Desc: 2 - 5 Acres, Wooded
  • View: Lake
  • Water Front: Yes
  • Elem. School: Tamassee-Salem
  • Middle School: Walhalla
  • High School: Walhalla
  • MLS#: 1555071
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/1555071/_salem_sc?source=qrflyer
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Listing courtesy of Keller Williams Seneca   Phone: 864-482-2700

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Our Insurance Division:

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Salem, SC, 29676

$395,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $316,000 $316,000 $316,000
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% 7.025% 6.132%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,997 $2,076 $2,645
Total Monthly Payment $2,072 $2,151 $2,720

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.