WOW! This Lakefront home is just WOW! Enjoy direct access to Lake Secession with this wonderful home and private dock. Located in a perfect location, just across the lake from the only marina with gas and a convenience store, this 1. 2 acre property holds this 3 bedroom (lower level could support a bedroom) 3. 5 bathroom home with awesome waterfront views, a generous upper deck that extends the entire width of the home and on the lower level, you’ll find a media room perfect to chill in on movie night, a full bathroom, an office or study, plus a full size pool table and hot tub that will stay with the home. You can walkout this lower level, down the walkway to your dock, jump into your boat for a sunset ride or just float around in your cove on your big flamingo float. Fishing is great right off your dock – large-mouth bass, crappie bream and catfish can be on the grill by evening! Store all your water and outdoor equipment in one of the two storage buildings (one with electricity and deck) and utilize the in-ground sprinkler system that pulls water from the lake, not your private well. Lake Secession is a 7 mile long, 1, 450 acre lake in Abbeville and Anderson counties. There are no horsepower restrictions and unlike other lakes in the area, you own all the way to the water giving you unparalleled access and privacy. The Annual 4th of July Fireworks is visible from this home and there’s an awesome 4th of July Boat Parade too! This home is a great place to unwind relax and enjoy your days!
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$699,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $230 | $230 | $230 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,720 | $3,717 | $4,716 |
Total Monthly Payment | $4,042 | $4,039 | $5,038 |
* 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.