Beautifully remodeled home. All New walls, plumbing, electrical, flooring, foundation and appliances. Yard is on a large lot with a fence around the level part of the lot. Lot goes much deeper than fenced in area and slopes away from the house in the back. Featuring cozy entertainment area with flowers garden, fruit trees and other flowering plants. THIS HOUSE IS BEING SOLD WITH A SECOND BUILDING AT THIS PRICE. THE SECOND BUILDING IS SEMI ATTACHED TO THE HOUSE a connecting beam. Second building can be garages or a barn-like structure. It may also have other uses permitted BUT BUYER MUST CHECK WITH THE CITY OF MERIDEN FOR CLARIFICATION ON ITS POTENTIAL USE. So exercise due diligence with the city of Meriden on how it can be used. This house has easy access to hi-ways, hospitals, downtown Meriden and Wallingford and shops in both towns. THE HOUSE AND BARN/GARAGE IS ONE PROPERTY PER THE CITY OF MERIDEN 420 COOK AVE being the main address BUT ARE DEEDED AND TAXED SEPARATE WITH THE BARN AS 414 COOK AVE. IT WAS PURCHASED THAT WAY A FEW YEARS AGO BY SELLER AND THE HOUSE COMPLETELY RENONVATED. The main house has 728 sq ft an approximately another 1000 in barn/garage
Type | Level |
---|---|
Bedroom 1 | Main |
Primary Bedroom | Main |
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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 | $172,000 | $172,000 | $172,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.518% |
Monthly Tax Payment | $218 | $218 | $218 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,159 | $1,143 | $1,475 |
Total Monthly Payment | $1,452 | $1,436 | $1,768 |
* 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.