Presented byLiz Eckert |
Seller motivated to close a deal in 2024 fiscal year! Located in a quiet Essex neighborhood, this charming renovated turn-key colonial offers a sun-lit and spacious primary bedroom on the first floor complete with a brand new bath, walk-in closet, new flooring, new light fixtures, a cathedral ceiling, large windows and a skylight, making it the perfect peaceful retreat. The main level also includes an open concept living room with a chic remodeled kitchen, boasting white cabinets, white quartz countertops, white quartz backsplash, new floors, new hardware, new sink, new faucet, new appliances, two windows and ample counter-space. Upstairs includes two nice sized bedrooms with refinished hardwood floors and a large remodeled bath offering smart gold finishes, a double vanity, and custom shelving for extra storage. The lower level includes a laundry area with new washer/dryer and a family space with new flooring and a working pellet stove. Upgraded 200 AMP electrical service has been permitted and installed and the entire home is light, bright, and move-in ready. Perfect for entertaining, there is also a wide Trex deck, ample parking, a new 6' tall privacy fence, and a spacious, level flat yard which includes an above-ground permitted pool with deck enclosure. With nearby access to the beach, the train, shopping, restaurants and the Ivoryton Playhouse, this property has it all!
Type | Level |
---|---|
Bedroom 1 | Upper |
Bedroom 2 | Upper |
Living Room | Main |
Other | Lower |
Primary Bedroom | Main |
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NMLS Mortgage Loan Originator ID 130058
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $360,000 | $360,000 | $360,000 |
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 | $317 | $317 | $317 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,425 | $2,393 | $3,036 |
Total Monthly Payment | $2,817 | $2,785 | $3,428 |
* 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.