Come check out this charming bungalow with modern touches in the heart of Pacolet which is going through a major redevelopment project that will make the town a top destination in the upstate! Making it a fantastic opportunity for your new home or investment property. This beautifully renovated bungalow, where modern comforts meet classic charm! Nestled on almost half an acre of flat unrestricted land, this 3-bedroom, 1-bathroom home offers plenty of space for relaxation and enjoyment. Imagine sipping your morning coffee on the spacious front porch, surrounded by the serene beauty of nature. Pacolet is part of an exciting redevelopment plan aimed at enhancing the area’s charm and livability; The city of Pacolet is planning on remodeling the amphitheater area along with building a zip line park along the river and building a board walk with a floatable dock which will bring business’ and restaurants which will increase your properties value immensely due to the proximity to this home. You can also enjoy easy access to nearby parks, fishing, shops, and restaurants, making every day an adventure. Plus, with Spartanburg and Gaffney just a short drive away, you're never far from more urban amenities while still enjoying the tranquility of small-town living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$229,000
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 | $183,200 | $183,200 | $183,200 |
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 | $92 | $92 | $92 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,219 | $1,218 | $1,545 |
Total Monthly Payment | $1,386 | $1,385 | $1,712 |
* 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.