Welcome to Martin Farm, a 181-acre property located in Historic Newberry. Built in 1903, this farmhouse retains much of its original character, featuring heartwood pine floors and tongue-and-groove ceilings. The main level includes a grand foyer, spacious dining room, parlor, family room, and a primary suite, while upstairs has 4 additional bedrooms. A sunroom, 2-bedroom apartment with a private entrance, and a large 3-car garage were added in 2005, ideal for guests or rental income. Equestrian-ready, the property features fenced in pastures, a 12-stall barn with a full hayloft that requires some structural updates. With approximately 1700’ of frontage on Hwy 395 and 1380’ +/- on Glenn St. Ext. , there are multiple spots for ingress and egress, and the property could easily be subdivided to accommodate a friends or family compound and/or future parcel sales. This well-located property includes a mildly sloping topography with; 15+/- acres of pasture, 3, 500 +/- feet of frontage on Scott Creek, 40 +/- acres of mixed hardwood forest, 20 Acres of mature loblolly pine, 36 acres of volunteer loblolly at 3 years old and a 46 acre stand of 10-year-old loblolly pine. This diverse landscape from hardwood bottoms to pasture to young and mature pines provides an incredible wildlife habitat for white tail deer and wild turkey. A 2. 25 acre abandoned pasture nestled within a mixed hardwood stand suggest a premium site for a dove field. All of this is less than 5 minutes to downtown Newberry, 10 minutes to I-26. Just 25 minutes from Lake Murray and under an hour from Columbia, SC, Greenville, SC, and Charlotte, NC, with Tryon, Landrum, and Aiken a little over an hour away. The sale includes two tax parcels: 346-22 and 346-20-1. Showings limited to qualified buyers with a minimum 48-hour notice with Listing Agent Present.
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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 | $1,830,486 | $1,830,486 | $1,830,486 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.333% | 6.876% | 6.936% |
Monthly Tax Payment | $210 | $210 | $210 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,873 | $11,873 | $16,198 |
Total Monthly Payment | $12,208 | $12,208 | $16,533 |
* 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.