Have you been looking for the perfect spot to build your dream home or barndomium close to community but also property that has privacy? Look no further! This property boast 12. 34 acres that was originally comprised of a 250 +\- acre recreational farm of rolling topography with a mixture of hardwoods and pines, and creek that meanders along the back of the property. This is the perfect area for those seeking relaxed lifestyle with easy commutes to Spartanburg and Greenville. Just a stones throw from acquainted downtown Pacolet for all your daily needs. The property grants a future Homeowner easy access to modern day necessities without compromising a quiet, setting just outside the city. Local restaurants and breweries, public parks, owner operated organic farms, and several traditional country churches are all a little piece of what the thriving community for the new buyer. Restrictions do allow horses and some farm animals, minimum 1500 heated sq ft, no mobile homes permitted to name a few. Seller has already been approved for a permit to construct and perc test!
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Our Executive Mortgage Banker:
Our Insurance Division:
$159,900
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 | $127,920 | $127,920 | $127,920 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $851 | $850 | $1,079 |
Total Monthly Payment | $926 | $925 | $1,154 |
* 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.