Lot 5 Legacy Lane, Monroe, CT, Connecticut, property flyer

Lot 5 Legacy Lane, Monroe, CT, 06468 | $699,995

The Ridge at Monroe, a 55+ active adult community in the heart of Fairfield County! This subdivision offers a unique opportunity for those seeking a floorplan with a primary bedroom on the main level in standalone homes. Each home is thoughtfully crafted to provide comfort and functionality by local builder AJ Grasso and team. Customize a stunning kitchen with a large center island, tile backsplash and pantry. Spend time by the gas fireplace and check out the view of the rear slider open to a patio or deck. Laundry room located on first floor. Spacious second floor bonus room is perfect for a gym, craft area, theater room, etc. the possibilities are endless! This subdivision benefits from its proximity to local amenities, including shopping centers, restaurants, golf courses, and recreational facilities. The area also boasts beautiful natural surroundings, offering opportunities for outdoor activities and relaxation. Some units in the upcoming phase feature walkout basements. These homes were designed to be quiet, clean and comfortable with advanced technology and systems reducing the cost of home ownership. Directions: GPS use 1271 Monroe Turnpike, Monroe, CT. Photos are of similar homes built by same builder. This floorplan is the Webb Model, the other floorplans can be built on this lot.

Features

Rooms: 7
Bedrooms: 2
Baths: 2 full / 1 half
Laundry: Main Level
Style: Colonial,Ranch
Year Built: 2024
Garage: 2-car Attached Garage
Heating: Hot Air,Zoned

Cooling: Zoned
Basement: Full,Unfinished
Above Grade Approx. Sq. Feet: 2,134
Acreage: 0.16
Est. Taxes: $14,761
HOA Fee: $325 Monthly
Lot Desc: In Subdivision
Adult Communities: Yes

Elem. School: Per Board of Ed
Middle School: Per Board of Ed
High School: Per Board of Ed
Appliances: Allowance
MLS#: 24009970
Website: https://www.raveis.com
/prop/24009970/lot5legacylane_monroe_ct?source=qrflyer

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Listing courtesy of Carey & Guarrera Real Estate

Room Information

Type	Description	Level
Bedroom 1	Wall/Wall Carpet	Upper
Dining Room	9 ft+ Ceilings,Sliders,Hardwood Floor	Main
Family Room	9 ft+ Ceilings,Gas Log Fireplace,Hardwood Floor	Main
Kitchen	9 ft+ Ceilings,Island,L-Shaped,Pantry,Hardwood Floor	Main
Office	Wall/Wall Carpet	Upper
Primary BR Suite	9 ft+ Ceilings,Full Bath,Walk-In Closet,Hardwood Floor	Main

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

Market your home to realize a quick sale at the best possible price
Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

Is available to meet with you in our office, your home or office, evenings or weekends
Offers you pre-approval in minutes!
Provides a guaranteed closing date that meets your needs
Has access to hundreds of loan programs, all at competitive rates
Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

Will Provide a home insurance quote within 24 hours
Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
requirements, sets up escrows and title insurance, coordinates closing documents
Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
Offers access to experienced closing attorneys at competitive rates
Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies

Lot 5 Legacy Lane, Monroe, CT, 06468

$699,995

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

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	$559,996	$559,996	$559,996
Term	360 months	360 months	180 months
Initial Interest Rate**	7.125%	6.990%	5.990%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	7.456%	7.171%	6.276%
Monthly Tax Payment	$1,230	$1,230	$1,230
H/O Insurance Payment	$92	$92	$92
Initial Principal & Interest Pmt	$3,773	$3,722	$4,723
Total Monthly Payment	$5,095	$5,044	$6,045

* 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.