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Absolutely stunning house plan, with Mediterranean inspiration, designed by Dan F. Sater II, (FAIBD/CPBD/CGP) of Sater Design Collection, and constructed by high end custom home builder and Lowcountry known M&R Construction. This gorgeous home has almost 3, 700 SF of living space on a single level, with no steps other than the garage and porches. As soon as you walk through the custom front door, the home greets you with a soaring 14' coffered ceiling and incredibly spacious living room/great room combination, with tremendous natural light and views of the protected marsh directly across the room. The marsh behind the home is part of the Middleton Place Foundation and under conservation easement protection into perpetuity. The rear porches were specifically designed with custom glassspindles, to make sure that the beauty of the view remains unobstructed while enjoying your private back yard and tranquil sitting area. The entrance of the home smartly flows into the open kitchen, featuring bar seating and eat in breakfast area, kitchen island with chef's prep sink, large gas cook top and hood, and ample cabinetry and pantry space. Two bedrooms and two full baths reside on the garage and kitchen side of the home, while the master and the 4th bedroom (or private office) are on the other, separated by the large foyer/living/great room. The master bathroom is incredibly spacious with free standing tub and free standing/built in shower. Master bedroom has two walk in closets, with one of them the size of a small room. No expense was spared; this custom home is loaded with cosmetic detail after detail, and specifically designed to be your private Lowcountry getaway on the marsh. There's no carpet in the home - ceramic tile in bathrooms and Brazilian Cherry floors throughout. The home is serviced by a natural gas Generac generator and IS NOT in a flood zone, even though the home sits on the marsh. Cedar Grove has a very friendly HOA fee of $390/year and is conveniently located close to dinning, shopping, interstate access and Charleston International Airport, Downtown/Historic Charleston and multiple beaches. 5433 Clearview Dr is also part of the Dorchester District II school system, one of the most popular and sought after school systems in the Tri-County area.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $788,000 | $788,000 | $788,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.751% | 6.666% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,788 | $5,046 | $6,864 |
Total Monthly Payment | $4,880 | $5,138 | $6,956 |
* 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.