Looking for a new custom home on Spartanburg's Eastside? Consider this new construction, to be built, gorgeous 4 to 5 bedroom, 3 full bath, custom built home located on Spartanburg's Eastside in the beautiful community of Coggins Farm. Complete Construction could happen within 5-8 months. Opening the front door, you are welcomed by a HUGE open great room with coffered ceilings, fireplace, luxury vinyl flooring, and a unique trim package. The large, kitchen, replete with quartz countertops and custom cabinets, overlooks both the great room and dining areas. The living room features a gas fireplace beautifully surrounded by a stone fireplace while an abundance of windows let in a natural lighting. The beautiful master bath has double vanities, a tile shower with double shower heads, and a spacious walk-in closet. . In addition, there are three other bedrooms and a full bath and half bath located downstairs. The front bedroom could be used as an office/study. Upstairs, you will find the huge rec room that can be used as a playroom, office, workout room, or even converted into a 5th bedroom/suite. Downtown Spartanburg, offering shops, restaurants, cafes, and venues are nearby. *HOA or developer to approve final floor plan.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$749,000
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 | $599,200 | $599,200 | $599,200 |
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 | $68 | $68 | $68 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,986 | $3,982 | $5,053 |
Total Monthly Payment | $4,146 | $4,142 | $5,213 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.