**Charming 1900 Ranch Home with Endless Potential!** Step back in time with this charming ranch home, built in 1900, offering a unique blend of historic character and updates. Nestled on a spacious 1. 55 acre lot with nearly 250' of road frontage, this 3-bedroom, 2-bathroom home spans 2, 170 square feet, providing ample room to create your dream retreat. Located in the rapidly growing area of Inman, SC, in Spartanburg County, this property is bursting with potential. Features You'll Love include original rustic hardwood floors throughout much of the home preserving its historic charm and character. A spacious kitchen perfect for family gatherings and entertaining, ready for your personal updates and touches. Relax and enjoy the peaceful surroundings on the picturesque wraparound front porch that adds timeless charm to the exterior. The 1. 55-acre lot provides ample space for gardening, outdoor activities, or future improvements. With nearly 250' of road frontage, the property offers excellent curb appeal and potential for additional uses. While this home has undergone numerous updates over the course of its lifetime including new windows in 2016, new roof in 2020 and new HVAC Heat Pump in 2016, it still requires some TLC to fully restore its beauty and potential. The property presents an excellent opportunity for homeowners, investors, or anyone looking for a project in an area with growing demand. Located in the heart of the vibrant Inman, SC community and easy access to Greenville & Spartanburg, you’ll enjoy a balance of rural serenity and easy access to local amenities, schools, and major highways. This property is truly a diamond in the rough, being SOLD AS-IS and waiting for the right owner to make it shine. Don’t miss your chance to own a piece of history with endless possibilities! Call today to schedule your private showing. This home is being offered separately yet in conjunction with the adjacent property located at 7281 New Cut Road as well. Together both properties make up nearly 11 acres!
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $172,000 | $172,000 | $172,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $60 | $60 | $60 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,159 | $1,173 | $1,487 |
Total Monthly Payment | $1,294 | $1,308 | $1,622 |
* 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.