PRACTICALLY PERFECT. . . Welcome to this beautifully kept 3-bedroom, 2. 5-bathroom Colonial home, nestled in one of Salem’s most sought-after neighborhoods Aurora Woods. This home combines classic Colonial charm with modern updates, offering the perfect balance of comfort and style. As you step inside, you’ll be greeted by an inviting foyer leading to a first floor office and a spacious and bright living room with beautiful brick fireplace, ideal for both relaxing and entertaining. The large windows allow natural light to pour in, highlighting the gleaming hardwood floors that flow throughout the main level. The heart of the home is the well-appointed kitchen, featuring stainless steel appliances, ample cabinetry, and a cozy eat in area with easy access to the expansive new deck making outdoor entertaining a breeze. The adjacent dining room is perfect for family dinners and holiday gatherings. Upstairs, you’ll find a generously sized primary bedroom with an en-suite bathroom and a walk-in closet, offering a private retreat. Two additional bedrooms are spacious, with plenty of closet space and easy access to the second full bathroom. The outdoor space is just as impressive, with a beautifully landscaped yard, perfect for enjoying the outdoors in every season. Vast amount of updates have been completed to include but not limited to; central ac, on demand hot water tank, whole house generator, garage doors, deck, new propane furnace & much more!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $679,920 | $679,920 | $679,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $1,037 | $1,037 | $1,037 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,022 | $4,354 | $5,784 |
Total Monthly Payment | $5,151 | $5,483 | $6,913 |
* 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.