2214 The Terraces Drive, Shelburne, VT, 05482 | $200,000

Looking for a 55+ community? This is the one for you! Move in ready & filled with sunshine. You will enjoy the easy living at The Terraces in Shelburne Village with 7 acres of common land with community gardens, nice views, and walking areas. Bright, sunny floor plan with spacious living/dining room with built ins & fireplace mantel ready for electric insert. Galley kitchen has plenty of cabinets & counter space, primary bedroom with ample closet space & full bath. Don't miss the atrium door to sunny deck overlooking common land. One parking space, locked storage unit on the same floor as the unit with shelving - perfect for extra storage. This second floor unit is an easy walk up and features a motorized stair lift if needed. Association amenities include an emergency call system in each unit, hot meal plans, gathering room, exercise facility, building maintenance, and laundry facilities in each building. The common room, also known as the "Audubon" Room, is a wonderful gathering space & features recreational activities, food, crafts, library & living room. Community van offers services to local grocery store & Shelburne Village. This is a great place to call home.

Features

  • Parking: Assigned,Parking Spaces 1
  • Heating: Baseboard,Electric
  • Cooling: None
  • Amenities: Building Maintenance,Club House,Exercise Facility,Master Insurance,Landscaping,Common Acreage,Snow Removal,Trash Removal,Coin Laundry
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: The Terraces
  • Year Built: 1985
  • Approx Sq. Feet: 576
  • Est. Taxes: $1,715
  • Lot Desc: Condo Development,Landscaped
  • MLS#: 5020386
  • Website: https://www.raveis.com
    /prop/5020386/2214theterracesdrive_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 11/1/2024
Listing courtesy of Geri Reilly Real Estate   Phone: 802-862-6677
Listing Agent: Geri Reilly

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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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2214 The Terraces Drive, Shelburne, VT, 05482

$200,000

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 $160,000 $160,000 $160,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.708% 7.133% 6.256%
Monthly Tax Payment $143 $143 $143
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,105 $1,063 $1,349
Total Monthly Payment $1,323 $1,281 $1,567

* 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.