Welcome to Clover Meadows! This spacious diamond in the rough is ready for its next owner to come in and restore it to it's full beauty! This one owner spacious 2 story home has everything you are looking for, with a wonderful location to match, just over 4 miles from Lake Wylie, and only a few short miles from Uptown Charlotte, North Carolina! All four bedrooms are on the second level. The owners suite offers a full bathroom with dual sinks, separate tub & shower, and a walk-in closet. A massive size secondary bedroom that can easily be used as a "flex" room, play room, office, or simply whatever your heart desires to make it! Bedroom three & four won't disappoint, both with full size closets without cheating you on space. You will also get a full two car garage and extra storage space in the attic. The driveway has an additional parking pad, so there's lots of room for overflow parking! The home is being offered in an as-is condition and for this acceptance of condition the home has been priced to align with such. Don't miss out on your chance to snatch up this AMAZING property that has unlimited potential and a chance for you to come in and it make it your own!
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Our Executive Mortgage Banker:
Our Insurance Division:
$275,000
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 | $220,000 | $220,000 | $220,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $118 | $118 | $118 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,464 | $1,462 | $1,855 |
Total Monthly Payment | $1,657 | $1,655 | $2,048 |
* 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.