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Moving to the Charleston area and looking for a wonderful, established neighborhood with beautiful oaks and character? Otranto in Hanahan is the place to be. This wonderfully maintained and updated brick ranch home is a perfect mix of traditional and new. As you step into the front yard and are greeted by the bold brick with cornflower blue shutters and door you know you are not in a cookie cutter neighborhood anymore. NO HOA but lovingly maintained surroundings boast pride of homeownership. Walking in the front door the rock entryway followed by wood floors throughout are reminiscent of great craftsmanship and longevity. The formal living and dining room at the front of the house offer space for entertaining and the den with wood burning fireplace are essential for the cozywinter evenings reading or watching movies with the family. The kitchen has been updated with modern appliances and granite countertops. Above the garage is a flex space used currently as a bedroom but can be a man-cave, playroom, office, etc. The laundry room is off of the kitchen and next to the garage. The hallway to the right of the front door leads you to the bedrooms. The 2 secondary bedrooms are good sized and have long, almost floor to ceiling, windows allowing for natural light flow into the rooms. The Primary bedroom is located at the end of the hallway and facing the back yard for privacy. The bathroom has been done in white shiplap and has a coastal feel to it. The upgrades throughout the home are tastefully done. The addition of the sunroom in the back is an inviting space for relaxing with a sweet tea and enjoying the garden or back yard space. The roof was replaced in 2020, Liberty safe, updated energy efficient windows and the crawl space has been encapsulated. Come see this lovely home before it's gone.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $439,999 | $439,999 | $439,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.066% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,745 | $2,890 | $3,654 |
Total Monthly Payment | $2,837 | $2,982 | $3,746 |
* 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.