Ideally located minutes from Simpsonville, Fountain Inn, the southern connector and Hwy 25 S, this property offers an excellent opportunity for the land buyer seeking acreage while remaining close to schools, shopping and employers. The level to gently rolling property was predominately pasture land that has naturally reforested over the years. Multiple home and garden sites. The property is zoned R-R1 and well and septic are required. There will be 40 +/- feet of road frontage on Gunter Road. Since the property is a portion of Greenville County tax map number 0585020101106, the sales price is $23, 000 times the number of acres as determined by the Buyer's survey. Seller will retain 5+ acres of the original property. Buyer to pay rollback taxes, if any. At closing, the property will be deed restricted against any mobile or modular homes on the property. This is a wonderful opportunity to build your home in a rural, but convenient location in southern Greenville County.
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William Raveis Mortgage, LLC
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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 | $379,408 | $379,408 | $379,408 |
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 | $2,524 | $2,522 | $3,200 |
Total Monthly Payment | $2,599 | $2,597 | $3,275 |
* 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.