Welcome to SpringLake East at Carolina Forest, one of the most convenient locations in the Grand Strand area between Myrtle Beach and Conway, SC located off of Hwy 501 and Carolina Forest Blvd. In less than three miles, you can be at Conway Medical Center; Coastal Carolina University; Horry-Georgetown Technical College; Tanger Outlets; and multiple shopping centers and grocery stores, including PUBLIX; LOWE'S FOODS; FOOD LION; ALDI; KROGER; and WAL-MART Super Center. This 3 BR/2 BA ranch style home w/2 car garage and approx. 1900 SF built by Centex Homes in 1997, is ideal for retirees, singles, or a family, with a split bedroom plan, and a spacious open floor plan with 9 ft ceilings and a combination of vaulted cathedral ceiling (living room); tray ceiling (master suite); flat ceilings (bedrooms); and a coffered ceiling (dining room). The floors are T&G hardwood (possibly maple or oak) and ceramic tile through out the home. The MBR Bath features a separate shower stall and a garden tub. The . 21-acre lot has some privacy in the rear yard bordering the Carolina Forest Elementary School property. Enjoy the 24'x11' concrete patio and concrete stone planter without someone looking into your backyard from the rear. Recent upgrades include a new HEIL HVAC system within the past 3 years and a new programmable thermostat within the past 16 months. An extra benefit is the 130 SF (14'x9') Train room (off of the Breakfast area and Kitchen) which was built in August 2016 (permitted by Horry County), converted a screened porch into a sunroom with glass slider windows. (This room could be added to the Heated SF total by adding a duct and register from the Air Handler in the attic. ) For those chilly evenings in the winter, enjoy the propane fueled, ventless gas logs with remote control in the Living Room. The exterior of the home is a combination of EFIS Stucco and vinyl siding, and the roof has architectural shingles. All of the appliances in the Kitchen remain with the home, and most of the furnishings may be purchased with separate Bill of Sale for Personal Property.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $311,120 | $311,120 | $311,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $81 | $81 | $81 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,149 | $2,096 | $2,646 |
Total Monthly Payment | $2,304 | $2,251 | $2,801 |
* 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.