2011 Highway 1 South, Elgin, SC, 29045 | $1,500,000

Welcome to this magnificent 20-acre property nestled in the scenic landscapes of Kershaw County. This vast expanse of land presents an exceptional opportunity for those seeking to embrace the rural charm and explore the possibilities of farming or developing a subdivision. With its prime location and abundant space, this property offers endless potential for your vision to come to life. For aspiring farmers, this land is a haven of agricultural possibilities. Boasting fertile soil and a favorable climate, you can cultivate a diverse range of crops or raise livestock. The expansive acreage allows for the implementation of sustainable farming practices, enabling you to nurture your passion for organic produce or create a thriving equestrian retreat. Additionally, there are ample spaces for barns, equipment storage, and other necessary infrastructure to support your agricultural endeavors. Alternatively, if you have a vision for a subdivision, this property provides an excellent foundation. The generous size allows for the creation of spacious lots, where families can build their dream homes and enjoy the tranquility of country living. The natural beauty of the surrounding landscape lends itself to the incorporation of green spaces, walking trails, or even a community garden, fostering a sense of community and connection with nature.

Features

  • Amenities: None
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Closet
  • Style: Ranch
  • Year Built: 1950
  • Garage: 1-car Detached
  • Heating: Electric
  • Cooling: Electric
  • Basement: None
  • Acreage: 20.95
  • Est. Taxes: $656
  • Lot Desc: 10 - 25 Acres, Few Trees, Wooded
  • Elem. School: Not Listed
  • Middle School: Not Listed
  • High School: Not Listed
  • Appliances: None, Electric Water Heater
  • MLS#: 1499667
  • Days on Market: 498 days
  • Website: https://www.raveis.com
    /eprop/1499667/2011highway1south_elgin_sc?source=qrflyer
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Listing courtesy of INNOVATE Real Estate   Phone: 864-428-8936

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

Paul.Berrios@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2011 Highway 1 South, Elgin, SC, 29045

$1,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,200,000 $1,200,000 $1,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.375% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.387% 6.498% 6.413%
Monthly Tax Payment $55 $55 $55
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,486 $7,486 $10,289
Total Monthly Payment $7,666 $7,666 $10,469

* 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.