As a genre, Mid-Century moderns offer comfort above all and a sense of belonging. Maybe it's the rock gardens, the clean lines and chantilly white palette, the windows that fill the house with light and air, or the expanse of green that draws you into the landscape. Whatever it is - it's soothing, comfortable and resonates with people that are passionate about design. Lounsbury is a classic that withstands the test of time. There were loads of ranch homes constructed with those groovy Mad Men vibes, yet very few remain true to form. Lounsbury is one of not many. It has been in our family since it was built in the 50's and now it can be yours. Over time, the house has seen over $200K in improvements, all done carefully with respect to the original form. What sets this home apart is the location. The yard is magical and compels you to kick your shoes off and sink your toes into the lush organic grass that goes waaaayyyy back. The . 71 acre lot is the depth of a baseball field (yes, seriously). You've got room to grow up to about 4, 200 +/- sq/ft and have plenty of yard left to play, swim, and farm. It's a location you won't see the likes of again any time soon. The neighborhood is fantastic for outdoor activities and its walking distance to Lake Mohegan and North Stratfield Elementary. Minutes to the Merritt, grocery stores, playgrounds, golf courses, biking & running trails - it's an ideal hub for all of life's everyday conveniences. See tour link for details.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Hardwood Floor | 13.0 x 14.0 | Main |
Bedroom 2 | Built-Ins,Hardwood Floor | 11.0 x 10.0 | Main |
Dining Room | Hardwood Floor | 11.0 x 10.0 | Main |
Eat-In Kitchen | Pantry | 12.0 x 17.0 | Main |
Living Room | Fireplace,Hardwood Floor | 13.0 x 25.0 | Main |
Primary Bedroom | Hardwood Floor | 11.0 x 13.0 | Main |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $680,000 | $680,000 | $680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $785 | $785 | $785 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,968 | $4,298 | $5,738 |
Total Monthly Payment | $4,845 | $5,175 | $6,615 |
* 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.