CUSTOM-BUILT ON THE WATER on over 1 acre! This SINGLE LEVEL 3 bedroom, 2. 5 bath home is one-of-a-kind home in the Farm Lake subdivision in the Love Springs community. The front porch is perfect for rocking chairs on a sunny day. The open floor plan will greet as you enter and is perfect for entertaining. The kitchen has lots of granite counter space and plenty of natural light. The walk-in pantry has space to store all your kitchen essentials. The kitchen is open to the living and dining area. The beautiful stack stoned fireplace is the focal highlight of the living area. There is an office/mud room area tucked beside the kitchen near the garage entry. The main floor primary bedroom is spacious and has an attached bath with dual vanities with granite countertops, walk-in closet, a garden tub and a tile shower! The open living area and master have large windows overlooking the gorgeous in-ground Salt water pool with hot tub (2020) and a 13 acre pond. Above the garage, you'll find the builder left an unfinished space that would add approx. 400 square feet if completed! This home has direct WATER ACCESS from your backyard. A community dock is tucked away at the corner of the pond, but home-owners are welcome to build their own! The solar panels help lower power bills and come with a backup generator built-in for any power failure. You can make this home yours and spend this summer enjoying your backyard oasis!
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Our Executive Mortgage Banker:
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$499,995
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,996 | $399,996 | $399,996 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.000% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.182% | 6.412% |
Monthly Tax Payment | $99 | $99 | $99 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,661 | $2,661 | $3,402 |
Total Monthly Payment | $2,835 | $2,835 | $3,576 |
* 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.