This 2 bedroom 55+ Condo is in excellent condition. Light & bright eat-in style kitchen (island will NOT stay) with a lot of storage, recessed lighting, gas stove, and side-by-side refrigerator complete the kitchen. The counter/bar in the living room faces the kitchen, which is ideal for entertaining year-round. The cathedral ceiling adds to the spacious feel and a cozy gas fireplace. The primary bedroom suite with step-in shower & double closets. Built-in bookcases are a charming detail that adds to the overall warmth of the space. The daylight & walkout lower level is finished with an office with a large window and a large space that could be used as a gym, family room, man/she cave, or even a guest suite with an attached half bath. There is additional storage there as well. Other features include 2 car attached garage & 4 parking spaces in the driveway, the back deck faces the woods, and a newer central AC and furnace. There is a portable generator included in the sale for emergencies. Association amenities include an association beach (with incredible sunsets, too) with a dock, a firepit pavilion, and tables. The association has regular social activities for those who choose to as well. Very convient location that is close to shopping and restaurants. perfect for 55+ living year round!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $400,000 | $400,000 | $400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $712 | $712 | $712 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,628 | $2,659 | $3,373 |
Total Monthly Payment | $3,432 | $3,463 | $4,177 |
* 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.