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Welcome to your dream coastal home in Folly Beach! This captivating 4-bedroom, 2-bathroom residence offers a perfect blend of comfort, style, and functionality. Situated on a desirable street-to-street lot, the property features a privacy fence in the backyard, ensuring a tranquil retreat. Step inside to find beautiful hardwood floors and smooth ceilings throughout. The large kitchen features oak veneer counters, a double sink, and canned lighting, making it a chef's delight. Relax in the cozy Florida room with easy access to the expansive wrap-around deck, ideal for entertaining or simply enjoying the serene surroundings. The home also boasts a Bosch HVAC system installed in 2023 and spray foam insulation in the attic for optimal energy efficiency. The property includes a convenient laundry room with a shower and water closet off the kitchen, and ceiling fans are thoughtfully placed throughout the home. The storage area downstairs offers a versatile efficiency apartment, perfect for guests. Outside, you'll find a shed/workshop, a hot tub that conveys with the home, and a rain barrel for watering your garden. The front yard benefits from an irrigation system, ensuring lush, green landscaping. Additional features include cypress and cedar siding, which add to the home's coastal charm. Solar panels will be fully paid off by the seller at closing, providing you with continued energy savings. Don't miss your chance to own this exceptional Folly Beach gem! All information is deemed correct; however, buyer and buyer's agent are to confirm anything of relevance.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,032,000 | $1,032,000 | $1,032,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.898% | 6.739% | 6.560% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,354 | $6,608 | $8,919 |
Total Monthly Payment | $6,479 | $6,733 | $9,044 |
* 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.