This almost 3 acre homestead is minutes to shopping and dining on Woodruff Road; with 2 access points to Woodruff Road less than 1. 5 miles away. One is via Smith Hines Road on the East side of I-385 and the other is via Miller Road on the West side of I-385. What a location to build your dream home or homes! Here are multiple homesite possibilities on the property. You can live in the 2 BR/ 2 BA home or the 3 BR/2BA mobile home while you build. Beautiful estate homes are being built close by. Or you can bring several families; there are two homes already on this property so you can enjoy togetherness but with privacy. The brick home has two bedrooms and a flex room that is currently being used as a bedroom. (The closet is just outside). This room has multiple uses, it could be a craft room, office or den. There is a wide hall way that also has space for a sewing table or small desk. A large covered deck and covered front porch makes you feel as if you are in a country setting but are just minutes to downtown Greenville. Recent updates include Luxury Vinyl Plank flooring and a new roof and HVAC in 2019. The 1994 (16x76) MH needs work but is habitable. If you are a car enthusiast, a 23x45 workshop will be of interest. Two sliding doors will accommodate your prized possessions. There are pull down stairs to a full attic for great storage as well. A fence runs along the entire left side of the property and one is across half of the back for increased privacy and a little stream runs through the property. What a great setting for your dream home! Investors and Developers, you will want to check this one out!
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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 | $436,000 | $436,000 | $436,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | $270 | $270 | $270 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,720 | $2,649 | $3,446 |
Total Monthly Payment | $3,082 | $3,011 | $3,808 |
* 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.