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***Ask about the possibility of receiving 1% reduction in interest rate and free refi. *** With an unbeatable downtown location and an impressive walk score of 90, this well-appointed and move-in ready condo offers comfortable living in the heart of Charleston. Just steps away from MUSC, Publix, Brittlebank Park, and the vibrant energy of King Street, you'll also be within walking distance of countless coffee shops, bars, and restaurants throughout the Cannonborough-Elliotborough community. The location is truly exceptional, with The Citadel and the College of Charleston located within a mile. Situated on the lower level, the home welcomes you into a bright and open living and dining area featuring crown molding and beautiful wide plank wood floors. The kitchen is both stylish and functional, with white cabinetry, stainless steel appliances, attractive countertops, a sleek backsplash, and a designated space for a stackable washer and dryer. Just off the living room is the first of three bedrooms, complete with a charming accent wall. Further down the hall are two additional bedrooms, each featuring shiplap accent walls, and a beautiful bathroom with a tiled step-in shower. One of the unique perks of this property is the shared courtyarda rare and valuable feature in this area. The condo also includes one on-site parking space, access to on-street parking, and two guest spaces available for community use. With so much right outside your door, you'll love calling this home. Don't miss this opportunity to enjoy everything Charleston has to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.108% | 7.063% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,287 | $3,416 | $4,353 |
Total Monthly Payment | $3,379 | $3,508 | $4,445 |
* 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.