This remarkable home features a 1st floor primary bedroom suite, Choose a beautiful new move- ready home now and qualify for a 5. 25% mortgage rate for the first two years through Builders preferred preferred lender. Offer only available until October 31, 2023. Experience the beauty of Jordan Woods, a serene enclave of 23 new homes surrounded by nature, yet close to Colchester's vibrant offerings. Enjoy easy access to multiplex movie theaters, local restaurants, shopping, and the welcoming town green that fosters a strong sense of community year-round. Colchester also offers convenient commuting to Hartford, the CT Shoreline, Norwich, and Middletown. ? The Bungalow's first-floor primary bedroom suite boasts a luxurious en suite full bathroom with a walk-in shower and soaking tub. It also features his and hers vanities and sinks, as well as twin walk-in closets. The open floor plan seamlessly combines a great room with a recessed gas fireplace, power and cabling for your favorite flat screen, and durable laminate flooring that mimics seasoned wood. The spacious kitchen delights family chefs with timeless white shaker-style crowned cabinets, self-closing drawers, and an eating bar, all beautifully complemented by low-maintenance Quartz countertops. The cozy breakfast nook and center island with a raised eating bar provide a perfect setting, while sliders from the great room lead you to a screened 3-season room and a no-maintenance patio for effortless outdoor entertaining. The home also includes a formal dining room and a den/office accessed through the covered front entry, ensuring you stay dry on rainy days. The mudroom, accessible via the garage or dining room, serves as an access hub to the main level powder room, lower level, and laundry center, keeping dirt out of the house. ? Upstairs, the home offers a spacious loft area, a coffee station, and 11 x 16' bedrooms with twin reach-in closets, all serviced by a Jack and Jill bathroom for privacy and efficiency. All bathrooms feature soft-lit mirrors, allowing adjustable brightness and color temperature for a pleasant ambiance. The high-efficiency propane-fired warm air furnace and central A/C unit ensure lower heating and cooling costs compared to older homes. Furthermore, the town provides water and sewage services, eliminating concerns about septic pumps, well bacteria, or water shortages. ? With long-lived architectural roofing and low-maintenance vinyl siding, you'll enjoy peace of mind knowing your home is protected from leaks and you won't need to scrape or paint tired clapboards. Buying new means you can focus on what you truly enjoy without worrying about costly repairs or replacements.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Jack & Jill Bath | 16.7 x 11.0 | Upper |
Bedroom 2 | Jack & Jill Bath | 16.7 x 11.0 | Upper |
Great Room | 16.0 x 15.6 | Main | |
Kitchen | 14.0 x 12.0 | Main | |
Primary BR Suite | 14.0 x 13.0 | Main |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $447,920 | $447,920 | $447,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,980 | $2,977 | $3,777 |
Total Monthly Payment | $3,072 | $3,069 | $3,869 |
* 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.