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Nestled under the beautiful, grand tree canopies of Oak Terrace Preserve, this beautiful townhome is ready to welcome you home! The front porch looks out over one of the neighborhood's many pocket parks with swings and a firepit. Stepping inside, the main level of this home greets you with 5'' wood floors, 9ft ceilings, powder room, and a large open floor plan. A gas-log fireplace can anchor your living room or cozy up the dining room, depending on how you create your space. The kitchen has been updated with stainless appliances, a gas range, quartz countertops, a shiplap island, and new built-ins with plenty of storage. The primary suite with ensuite and walk-in closet is located on the second level. The second level is also home to two additional bedrooms, a small loft area, full bath, and laundry closet with stacking washer/dryer. A screened-in porch is accessed through the kitchen, and leads to one of the largest corner lots of any townhome in the neighborhood. The bistro lights, firepit, and gas grill connection help make this fenced-in paradise the perfect place for outdoor hosting. Oak Terrace Preserve is a sustainable community requiring all homes to be green certified. The neighborhood is peppered with green spaces and pocket parks, which host several neighborhood events such as monthly food trucks, outdoor movie nights, annual oyster roast/lowcountry boil, BBQ cook-off, and many holiday events. Located within walking/biking distance to Park Circle and Paradiso Social Club this home also offers quick and easy access to i526, i26, the new North Charleston Athletic Complex, Riverfront Park, and the Charleston International Airport.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $380,000 | $380,000 | $380,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.063% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,371 | $2,496 | $3,181 |
Total Monthly Payment | $2,446 | $2,571 | $3,256 |
* 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.