Welcome to Redwood Commons, where exceptional craftsmanship defines this 20-unit townhome association. This 2 bed, 2. 5 bath luxury townhome, built in 2015, is ideally located just over a mile from the beach and local favorites like Bill's Seafood. The inviting front porch leads you into a home adorned with high-end finishes, including solid oak floors, plantation shutters, crown molding, and detailed millwork. This open floor plan effortlessly connects the dinning room to both the sides of the open kitchen/ living/ great room area. This spacious kitchen is a chef and entertainer's dream; it features granite counters, a beveled subway tile backsplash and an exotic wood breakfast bar. Sliding doors lead to a peaceful back patio, perfect for relaxation or hosting gatherings. The main level also includes a half bath and access to a 1-car garage. Upstairs, the primary suite offers a retreat with two walk-in closets and an oversized bathroom with a walk-in spa like tile shower, with a rain shower head and convenient laundry. An additional bedroom and full bath ensure comfort and privacy. The professionally finished lower level by CT Basement Systems includes a cozy den and a commercial-grade dehumidifier, providing a year-round comfortable environment. A workshop space and extra storage meet practical needs and support hobbies. Experience the blend of comfort and luxury at this low-maintenance Westbrook gem, where shoreline serenity meets upscale living
Type | Description | Level |
---|---|---|
Bedroom 1 | Upper | |
Den | Lower | |
Dining Room | Main | |
Living Room | Main | |
Primary Bedroom | Bedroom Suite,Full Bath,Walk-In Closet | Upper |
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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 | $439,200 | $439,200 | $439,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $484 | $484 | $484 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,922 | $2,919 | $3,766 |
Total Monthly Payment | $3,498 | $3,495 | $4,342 |
* 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.