**With full price contract. . . 2-1 Temporary Interest rate reduction with 4. 99 (apr 5. 49) the first year, 5. 99 the second, & 6. 99 remaining 30-YEAR FIXED RATE AVAILABLE FOR QUALIFIED BUYERS WITH PREFERRED LENDER! (Rates subject to change)** Revel in the quiet life on this private +/- 2. 52 acre estate! Perched down a winding drive amid mature trees, 465 N Bates Rd will set you at ease from the moment you arrive! Superior construction with a brick front, gable accents, a contemporary garage door with sideline lites, stylish black windows, and a deep Southern front porch beckon you inside, where breathtaking design is an understatement. Abundant oversized windows allow tons of natural light that calls attention to the vast array of unique lighting and the muted luxury vinyl plank floors that flow through the living areas. A conspicious cathedral ceiling and sleek tiled fireplace are the focal points in the open Family Room. The center island Kitchen is sure to impress the most discerning of chefs with gorgeous quartz countertops, pristine extended height cabinetry cabinetry with soft close drawers, an eye-catching herringbone glass tile backsplash, a full bank of stainless appliances including a fabulous beverage chiller and Forno range, and an unbelievable walk-in Pantry with a built-in coffee bar! Adjacent is a spacious Dining area that overlooks the back property. Just off the elegant Foyer, a wonderful Home Office/ Study is tucked away. Make your way to the truly spectacular Owner's Suite! One-of-a-kind features like the double trey ceiling with recessed and chandelier lighting and the frosted sliding door create an aesthic and calm space for relaxation. The personal Bath will captivate you with dual granite vanities, black tile floors, a deep stand alone soak tub and a separate shower, both with ribbon tile backdrops. Additionally, the 11 x 8 walk-in closet is equipped with plentiful Carolina built-ins. In split floorplan fashion, two additional Bedrooms, each with custom closets, are found opposite the home and share a roomy Hall Bath with extended vanity. As you reach the second level, you will love the open Loft that will make a great Sitting or Reading area. Flanking the Loft are the tremendous fourth Bedroom with its own Carolina closet, its connecting Bath with a granite vanity and Edison lighting, and a huge Flex/ Rec Room with a vaulted barn-style ceiling. Life outdoors will be easy on the magnificent rear Deck with a vaulted tongue-in-groove ceiling and hearty cedar beams. The acreage provides plenty of open space for playing and planting, as well as seeming forestry for natural wildlife and discovery. Other important details include an energy efficient HVAC system to help reduce electric bills, lots of closet and eave storage, and remote-controlled fans throughout. Enjoy a day visiting nearby historical spots or take a gorgeous scenic drive to quaint downtown Travelers Rest. Truly, you must walk this property yourself to truly experience its beauty!
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William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $711,920 | $711,920 | $711,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $154 | $154 | $154 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,618 | $4,559 | $6,251 |
Total Monthly Payment | $4,864 | $4,805 | $6,497 |
* 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.