Following the impact of two past hurricanes, the home has undergone extensive repair work. The walls were carefully disassembled by a General Contractor. The electrical system was inspected to assess and ensure proper power turn-on from the county. The air conditioning unit was inspected and repaired by a General Contractor. Invoices for all tear-out and repair work can be provided, offering full transparency as shown in the added pictures and the new seller’s disclosure sheets. The home has been restored to the condition depicted in the added tear-out photos, but the seller makes no warranties regarding the work completed. This was a beautifully updated home in Sea Pines, boasting 1, 122 sq. ft. of comfortable living space with 2 bedrooms and 2 bathrooms. The open concept layout seamlessly combined the living room, dining room, and kitchen, featuring gorgeous cabinetry, brand new stainless steel appliances, and fixtures. Both bathrooms had been updated, and the entire home had been freshly painted with stunning porcelain flooring throughout. Recent upgrades included a new water heater and air conditioning system. Enjoy breathtaking nighttime views from the screen-enclosed porch, perfect for watching the sunset and sunrise. The garage was immaculate, and the home offered low-maintenance landscaping outside. A huge plus is the boat ramp conveniently located at the end of the street, providing direct access to the Gulf. This home now needs to be put back together to enjoy the beauty it once had.
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Our Executive Mortgage Banker:
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$240,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $262 | $262 | $262 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,277 | $1,276 | $1,646 |
Total Monthly Payment | $1,614 | $1,613 | $1,983 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.