$10, 000 PRICE ADJUSTMENT. AN AMAZING PROPERTY!!! ONE ACRE NEAR TOWN in FAST-GROWING AREA with a MAIN HOME, GUEST HOME and LARGE GARAGE. Perfect space for MULTI-GENERATIONAL LIVING! This property is so packed with OPTIONS/OPPORTUNITIES!!! Woodruff is 20 minutes+/- to the BMW Plant or the GREENVILLE/ SPARTANBURG INTERNATIONAL AIRPORT, and an easy 30 minutes +/- drive to SPARTANBURG or POPULAR GREENVILLE areas. Woodruff is beginning to enjoy the growth extending out from GREENVILLE and SPARTANBURG, with new industry currently coming into the area, a new high school, and more. This property is just 3 minutes from downtown Woodruff offering eateries, shopping, schools, park and police station. Live "green" if you like, growing your own food, chickens, etc. on this ONE-ACRE! It has trees /greenery on perimeter, affording lots of privacy. Live in the MAIN HOME, and rent out the "guest home", with possibility of adding/building ANOTHER LARGE HOME or OTHER "TINY HOMES". These homes were constructed with all inspections approved by Spartanburg County. The design on these homes is amazing! The MAIN HOME is 640 SF+/- with 2 Bedrooms, 2 Bathrooms, and two separate loft areas with beds. The GUEST HOME is 288 +/-SF and has 1 Bedroom, 1 Bathroom, and living area with kitchenette. The nice 2-car (tandem) garage is 540 SF+/- and has electricity, affording many usage possibilities. A few of the nice features include: 12mm waterproof Brazilian pecan flooring, granite countertops with marble backsplash, and a 30-amp RV outlet. This is an AMAZING PROPERTY at an AMAZING PRICE for all this ONE-ACRE PROPERTY offers! (If SF is important to buyer, buyer must verify. )
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $171,920 | $171,920 | $171,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $207 | $207 | $207 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,144 | $1,143 | $1,450 |
Total Monthly Payment | $1,426 | $1,425 | $1,732 |
* 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.