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Welcome home to the Fernwood neighborhood and this charming, traditional 2-story home, plus basement. Offering spacious living areas and desirable amenities this home is a unique find for Spartanburg’s Eastside. On the main floor, you'll find a dining room, perfect for hosting meals and entertaining guests. The living room provides a cozy space to relax and unwind or it could serve as a dedicated office or flex space. The den features a wood-burning fireplace and access to the screened porch. The kitchen with an eat-in area is the heart of the home, offering a comfortable spot for casual dining. A walk-in laundry area adds convenience, along with a half bath/powder room for guests. Upstairs, the owner's bedroom awaits, complete with an ensuite bathroom featuring dual sinks and dual closets for ample storage. Three additional bedrooms on the second floor share a hall bathroom with a tub shower, providing comfort and privacy for family members or guests. The basement offers versatile space for recreation or can serve as a fifth bedroom, with a full bathroom for added convenience. A spacious 2-car garage located at the rear of the home, within the gated fence, provides secure parking with easy basement access. Workspace abounds in the garage with thoughtfully designed shelving, storage and ample counter space for all your projects. Outside, the backyard is a private oasis, featuring an in-ground pool surrounded by plenty of poolside space for leisure activities. A grilling station adds to the outdoor entertainment options while both a screened porch and deck provide ample seating making the backyard the perfect spot for year-round gatherings. The fully fenced backyard offers privacy and security for family and pets alike. The Cottonwood Trail, with trail entrance located in the neighborhood, is another key amenity providing access to a true nature conservancy for exploring by foot or by bike. Schedule your private showing today and experience the comfort and convenience in the features of this home.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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Loan Amount | $500,000 | $500,000 | $500,000 |
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 | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | $264 | $264 | $264 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,160 | $3,285 | $4,186 |
Total Monthly Payment | $3,516 | $3,641 | $4,542 |
* 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.