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What's dull, basic, and boring? NOT this house! Nestled on a quiet, tree-lined street in Cameron Terrace, this classic Southern brick ranch offers something so many homes cannot- loads of character! Here you will enjoy equal parts personality and practicality - topped off with a superb location in *hot* Park Circle. This is a place where you'll experience friendly neighbors out walking their pups, kids riding bikes, and that quintessential Park Circle community vibe- which has arguably become one of Charleston's top neighborhoods- and for good reason!Curb appeal is strong with this one. Framed by a grand Magnolia tree and a welcoming front porch, this home instantly draws you in. Step inside, and you're greeted by gleaming new hardwood floors and an open, airy layout that feels bothinviting and functional. The kitchen strikes the perfect balance between vintage charm and modern functionalityits original character remains intact, while new appliances and a thoughtful layout creates the ideal backdrop for cooking and making memories with the ones you love. Just off the kitchen, is the oversized laundry/mudroomflooded with natural light and offering direct access to both the backyard and the massive carport. This spot is prime Park Circle livingwalk or bike to trendy restaurants, buzzing breweries, and cozy coffee shops. The brand-new inclusive park and North Charleston Rec Complex are just around the corner for endless outdoor fun. Plus, you're minutes from Charleston School of the Arts, Academic Magnet High School, Boeing, Joint Base Charleston, the airport, downtown, and the beaches. So many of us are torn between the practicality of something new and the vintage charm of a classic southern home. With this house, you don't have to choose - it's the best of both worlds. Major updates? Done. Charm and Character? Brimming with it. Before you settle for something basic, we invite you to come and see 5040 Lancastera home with history, heart, and a whole lot of personality.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $451,920 | $451,920 | $451,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.172% | 7.154% | 6.172% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,894 | $3,004 | $3,783 |
Total Monthly Payment | $2,986 | $3,096 | $3,875 |
* 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.