Welcome to this expansive Contemporary style home nestled in the prime location of the heart of Marion Village. Rare opportunity to own 2 homes on 1 lot and NOT in a flood zone. The principle home exhibits 2411 sq ft of living sp. The 1st floor of the main home presents a kitchen with ceramic tile floor, dining rm with a window seat, sitting rm w/picture window, living rm w/ a wood burning f/p, 2 good sized bedrms w/closets, mudroom & bath. Upstairs you will discover 2 large bedrms w/ closets and eave storage, a sitting area, walk-in cedar closet & bath. Hardwood flooring throughout the house with the exception of the kitchen, baths & mudroom. The quaint detached bungalow style home offers 414 sq ft of living space providing a kitchen, living room, full bath & loft bedrm. The yard that is shared by the 2 properties allows plenty of room for gatherings & summer activities. Enjoy the amenities of Tabor Academy, General Store, P. O. , Yacht club, beach, boating, fishing, tennis, golf & more!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,550,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,240,000 | $1,240,000 | $1,240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $692 | $692 | $692 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,657 | $7,335 | $10,214 |
Total Monthly Payment | $7,474 | $8,152 | $11,031 |
* 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.