Welcome to The Highland Condominium at Salem. This unit offers a first floor open floor plan. Enter into the long tiled hallway w/ coat closet, access to one car garage & half bath. The kitchen features ample storage w/ breakfast bar, granite countertops, tile floors/backsplash, electric stove w/ over the stove microwave & dishwasher. The combination living room/dining room is spacious w/ recess lighting & sliding doors leading to a private cement patio & yard. The second level features a large primary bedroom w/ private en-suite & double closets. The second bedroom is generous in size. A full bath w/ linen closet & laundry area complete this level. The third level is a must see. This multi-purpose room includes skylights, fireplace, storage in the eves & vaulted ceilings perfect for a home office/third bedroom. Some additional features include, one-car attached garage, deeded parking, recess lighting & Central Air. Requires some TLC. SOLD AS IS. Call for showings no open houses allowed
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Closet, Flooring - Wall to Wall Carpet | 12.4 x 14.0 | Second |
Bedroom 3 | Fireplace, Vaulted Ceiling(s), Flooring - Wall to Wall Carpet | 20.2 x 20.9 | Third |
Dining Room | Flooring - Stone/Ceramic Tile, Recessed Lighting | 11.4 x 11.4 | First |
Kitchen | Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid | 11.5 x 9.5 | First |
Living Room | Flooring - Wall to Wall Carpet, Exterior Access, Recessed Lighting, Slider | 12.9 x 20.9 | First |
Master Bedroom | Bathroom - Full, Closet, Flooring - Wall to Wall Carpet | 17.9 x 16.4 | Second |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $424,000 | $424,000 | $424,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | $471 | $471 | $471 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,821 | $2,785 | $3,549 |
Total Monthly Payment | $3,384 | $3,348 | $4,112 |
* 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.