116 Ballard Road, Pelzer, SC, 29669-9135 | $699,900

A beautiful 3-bedroom/ 2 full bath home on approximately 13. 22 acres, with a spectacular income opportunity from the included Solar Panel Farm with Ground Lease Agreement. Approximate quarterly income from lease is $2800; 30-year lease with 20 years left on lease; and a 1. 5% rental increase each year. The home has vinyl exterior finish, 2-car side entry garage, and is on a level 2, 83-acre lot with fenced yard. The interior features an open floor plan, waterproof and scratch proof laminate flooring and lots of windows for natural lighting. There is a gas log fireplace in the living room. The kitchen also has great lighting. Bedrooms all on one level with full bath in primary. At the back of the home is a great covered screened porch and deck that offers many days and nights relaxing, grilling, or entertaining. Beyond the covered porch and past the fenced yard is the solar panel farm which sits on approximately 10-acres. See associated documents for more detailed information. Not only is this a great home to have as your own, but also a spectacular income opportunity from the solar farm! Schedule your private showing today!

Features

  • Amenities: None
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: 1st Floor, Laundry Room
  • Style: Traditional
  • Garage: 2-car Attached
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Electric
  • Basement: None
  • Acreage: 13.2
  • Est. Taxes: $5,423
  • Lot Desc: 10 - 25 Acres
  • Elem. School: West Pelzer
  • Middle School: Palmetto
  • High School: Palmetto
  • Appliances: Other, Gas Water Heater
  • MLS#: 1540650
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /prop/1540650/116ballardroad_pelzer_sc?source=qrflyer
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Listing courtesy of Open House Realty, LLC   Phone: 864-235-5600

William Raveis Family of Services

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888.699.8876

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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
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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

116 Ballard Road, Pelzer, SC, 29669-9135

$699,900

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 $559,920 $559,920 $559,920
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 $452 $452 $452
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,725 $3,721 $4,722
Total Monthly Payment $4,269 $4,265 $5,266

* 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.