Welcome to Fernwood! This wonderful east side Spartanburg location is convenient to schools, shopping, downtown, hospitals, and just about anything else you'd need inside a 10 minute drive. Also, this home is a very short distance(less than 500 yds) from the trail head of The Cottownood Trail that gives you access to over 100 acres of naturally preserved property and miles of trails and pathways that are part of The Daniel Morgan Trail System. Zoned for award winning Pine Street Elementary School, recently renovated McCracken Junior High, and newly built Spartanburg High School. This one level brick home was custom built in 1966 and was lovingly maintained by the current owner for over 20 years. Spacious living room with fireplace, dining room, and family room with fireplace all have hardwood floors. Kitchen features oak cabinetry, granite countertops, stainless appliances, tile floor and backsplash, large island, and is open to the family room and sunroom. Three bedrooms all with hardwood floors and four full baths. Wonderful closet and storage space available throughout. Walk in laundry has utility sink. Current owner recently added circular front drive. Architectural shingled roof. Lots of other great features to come out and see for yourself today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$450,000
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 | $360,000 | $360,000 | $360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $201 | $201 | $201 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,395 | $2,393 | $3,087 |
Total Monthly Payment | $2,671 | $2,669 | $3,363 |
* 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.