21 Richard Terrace, South Burlington, VT, 05403 | $457,000

Updated and exceptionally maintained South Burlington ranch with an expansive first floor primary suite in a spectacular location, just down the street from Chamberlain School! Enjoy a bright and open floor plan with hardwood flooring stretching throughout, entertain guests from the remodeled kitchen featuring stainless steel appliances overlooking the main living with cozy wood stove heat while the formal dining room sits nearby and could double as a home office or bedroom with direct deck access. Three spacious bedrooms sit down the hall along with a remodeled 3/4 bath while the opposite end of the home features a sprawling primary suite with an en suite bath with a tile shower, walk in closet and direct access to the oversized back deck. . . designed with the option to be sectioned off as a separate MIL suite with a separate entrance this space affords tons of flexibility. An attached one car garage is super convenient while the fully fenced and nicely shaded backyard is wonderful for end of the day relaxation while the pets and kids play! Efficient natural gas heat, a newer on demand hot water heater, central air and mini split A/C, and updated vinyl windows throughout. . . . this property has it all! Take advantage of this rare opportunity to own a well maintained and updated property in an excellent South Burlington neighborhood in close proximity to area amenities, shopping, commutes and the interstate! Come see today!

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 1 full / 1 three-quarter
  • Style: Ranch
  • Year Built: 1960
  • Garage: 1-car Garage
  • Heating: Forced Air,Hot Air,Stove - Wood
  • Cooling: Central AC,Mini Split
  • Basement: Concrete,Stairs - Interior,Unfinished,Stairs - Basement
  • Approx Sq. Feet: 1,320
  • Acreage: 0.27
  • Est. Taxes: $5,975
  • Lot Desc: City Lot,Landscaped,Level
  • Elem. School: Chamberlin School
  • Middle School: Frederick H. Tuttle Middle Sch
  • High School: South Burlington High School
  • School District: South Burlington Sch Distict
  • MLS#: 5008864
  • Website: https://www.raveis.com
    /prop/5008864/21richardterrace_southburlington_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/19/2024
Listing courtesy of Flex Realty   Phone: 802-399-2860
Listing Agent: Flex Realty Group

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

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Our Insurance Division:

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21 Richard Terrace, South Burlington, VT, 05403

$457,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $365,600 $365,600 $365,600
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $498 $498 $498
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,221 $2,221 $2,889
Total Monthly Payment $2,794 $2,794 $3,462

* 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.