Price Improvement! Beautiful Rural Acreage in Spartanburg County with Walking Trails Escape the hustle and bustle of city life with this stunning 15. 49-acre property, nestled on a quiet country road while still offering close proximity to shopping and major highways. This undeveloped land boasts lots of walking trails throughout the property, making it perfect for nature lovers and those seeking outdoor recreation right at home. The land features partially cleared wooded areas, rolling hills, and a spacious cleared field ideal for a pasture. With 846 feet of road frontage and no restrictions, this property is a prime opportunity for either a single home or subdivision development. Conveniently located less than 5 minutes from the growing downtown of Woodruff, it also offers easy access to I-385, I-26, and I-85. It strikes the perfect balance of rural tranquility and modern convenience. The land is rich with hardwoods, providing a serene natural environment and great potential for creating your dream homestead or a development project. Don’t miss the chance to make this picturesque property your own!
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Our Executive Mortgage Banker:
Our Insurance Division:
$250,000
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 | $200,000 | $200,000 | $200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.243% | 7.282% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,331 | $1,347 | $1,715 |
Total Monthly Payment | $1,406 | $1,422 | $1,790 |
* 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.