305 Dixie Drive, Anderson, SC, 29624 | $240,000

Are you interested in expanding your rental portfolio? If so, this property with an excellent rental history could be the perfect addition. The current tenant's lease runs until May 2025 and must be honored at the existing rental rate. This timeless brick ranch offers FOUR LARGE bedrooms, two full baths, and abundant storage space within its 1, 800 square feet of living area. Recently removed carpeting revealed beautiful HARDWOOD FLOORS throughout most of the home. The owner replaced all copper pipes with PEX PIPING beneath the house and installed a NEW WATER HEATER in 2023. The home is also equipped with a WHOLE-HOUSE GENERATOR. The house features a spacious green lawn and flower beds surrounding it. A concrete patio at the back provides an ideal spot for outdoor enjoyment. The FENCED backyard includes a storage shed that will remain with the home, with ample space for a pool. Additionally, the house is on a DOUBLE CORNER LOT, offering the possibility of fencing the entire parcel and providing limitless opportunities. The oversized concrete driveway ensures plenty of parking space. The home is in a well-established neighborhood less than 10 minutes from all the schools, including Anderson University. Hwy 29 is 1 mile, and Hwy 81 is 7 minutes away.

Features

  • Amenities: None
  • Bedrooms: 4
  • Baths: 2 full
  • Laundry: 1st Floor, Garage/Storage
  • Style: Ranch
  • Garage: 2-car Attached
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Electric
  • Basement: None
  • Acreage: 0.56
  • Est. Taxes: $826
  • Lot Desc: 1/2 - Acre, Corner Lot
  • Elem. School: Varennes
  • Middle School: Robert Anderson
  • High School: Westside
  • Appliances: Gas Cooktop, Dishwasher, Oven, Electric Oven, Range Hood, Gas Water Heater
  • MLS#: 1534284
  • Days on Market: 89 days
  • Website: https://www.raveis.com
    /prop/1534284/305dixiedrive_anderson_sc?source=qrflyer
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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
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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

305 Dixie Drive, Anderson, SC, 29624

$240,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $192,000 $192,000 $192,000
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 $69 $69 $69
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,277 $1,276 $1,619
Total Monthly Payment $1,421 $1,420 $1,763

* 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.