Discover a hidden gem waiting to shine! This affordable and charming 2-bedroom, 1. 5-bath townhome in Fletcher's Mill offers convenience and comfort in the tranquil Lake Magdalene area. With 897 sq. ft. , this freshly painted home provides a cozy retreat featuring a spacious kitchen with essential appliances, a closet pantry, and a breakfast bar. The open-concept family and dining room combo is ideal for gatherings, while upstairs, two bedrooms built-in closets and share a full bathroom. A main-floor laundry closet with a washer and dryer is included for added convenience. Enjoy wood flooring upstairs and ceramic tile downstairs, plus a fenced, paved backyard with an additional storage room. Fletcher’s Mill boasts amenities like tennis courts, a pool, a clubhouse, and peaceful walking paths. Perfectly located with easy access to I-275, Dale Mabry Hwy, shopping, dining, parks, worship centers, medical facilities, and the airport, this townhome is the epitome of low-maintenance living. HOA covers water, sewer, trash, and exterior maintenance ideal as an investment or starter home. Motivated sellers—call today to view and make this cozy townhome yours!
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Our Executive Mortgage Banker:
Our Insurance Division:
$199,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $159,200 | $159,200 | $159,200 |
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 | $202 | $202 | $202 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,059 | $1,058 | $1,365 |
Total Monthly Payment | $1,336 | $1,335 | $1,642 |
* 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.