3118 The Terraces, Shelburne, VT, 05482 | $289,000

A wonderful opportunity to live at The Terraces, a sought after 55+ independent living community close to village of Shelburne! This inviting first-floor flat offers two bedrooms, a full bathroom, large storage closet, and highly coveted deeded carport. A shared washer and dryer are located down the hallway on the same floor. The owner thoughtfully enhanced the living room with warm engineered hardwood floors and removed a section of the kitchen wall, creating a full view from the kitchen to the living room and outdoor patio. The condo has beautiful easterly views and is located across the street from the Audubon Building, where residents can enjoy the community dining room, cozy living room with fireplace, crafts room, library, an exercise room, and even a beauty shop/hairdresser. Many residences take full advantage of the option of weekday meals, available on a monthly plan, and also participate in a variety of activities such as crafts, games, yoga, excursions, and shopping. Regular group outings to the grocery store, bank, and pharmacy are also available, with carry-in service offered for those who need help bringing in their groceries. For those with a green thumb, there’s garden space to grow vegetables and flowers. There is also a small dog park available on-site. This vibrant community is located near Lake Champlain, Shelburne Farms, Shelburne Museum, restaurants, and shopping, offering the perfect balance of tranquility, convenience, and accessibility.

Features

  • Parking: Deeded,Off Street,On-Site,Paved,Visitor,Covered,Attached,Carport
  • Heating: Baseboard,Electric
  • Cooling: Wall AC Units
  • Amenities: Building Maintenance,Club House,Exercise Facility,Master Insurance,Landscaping,Common Acreage,Other,Snow Removal,Trash Removal
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 three-quarter
  • Complex: The Terraces
  • Year Built: 1985
  • Approx Sq. Feet: 912
  • Est. Taxes: $2,833
  • Lot Desc: Condo Development,Landscaped,Near Paths,Near Shopping
  • Elem. School: Shelburne Community School
  • Middle School: Shelburne Community School
  • High School: Champlain Valley UHSD #15
  • School District: Champlain Valley UHSD 15
  • MLS#: 5019046
  • Website: https://www.raveis.com
    /prop/5019046/3118theterraces_shelburne_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/24/2024
Listing courtesy of Coldwell Banker Hickok and Boardman   Phone: 802-863-1500
Listing Agent: Sarah Harrington

William Raveis Family of Services

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

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Our Insurance Division:

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3118 The Terraces, Shelburne, VT, 05482

$289,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $231,200 $231,200 $231,200
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 $236 $236 $236
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,538 $1,537 $1,982
Total Monthly Payment $1,849 $1,848 $2,293

* 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.