Presented byThe One Team |
The perfect blend of pond, privacy, & cul-de-sac setting! Rare opportunity in one of Salem's premier subdivisions - Silver Valley. Nature lovers delight fronting shared private pond stocked with bass, pickerel, to name a few! Launch canoe, paddle board, or kayak right off your own dock. Enjoy walking trails abutting reservoir land. Relaxation continues from your multi-tiered mahogany decking where serenity compliments the bubbles in the hot tub and crackling fire. Pristinely maintained, welcome in and enjoy the quality finishes and versatile floor plan of this colonial home. Multigenerational appeal with a finished lower level offering additional living space, as well as a private and premium in home office area. Workshop enthusiasts will be thrilled to have a dedicated area with natural lighting. Main floor office (or bedroom in a pinch) located off the gracious foyer is nicely separated from the primary bedrooms. Timeless Hecht cherry kitchen with vaulted ceiling directly off the family room will please any gourmet cook. Thoughtful consideration was given to "time for wine" cooler included! Professionally landscaped, pond fed irrigation system. Pristinely cared for -lovingly enjoyed and updated by the current owners for over 25 years.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | 15.5 x 9.7 | Upper | |
Bedroom 2 | 13.5 x 11.5 | Upper | |
Bedroom 3 | 13.5 x 14.0 | Upper | |
Dining Room | Bay/Bow Window,Hardwood Floor | 12.7 x 11.8 | Main |
Family Room | Ceiling Fan,Fireplace,Sliders,Hardwood Floor | 16.3 x 19.6 | Main |
Family Room | Sliders | 13.5 x 20.8 | Lower |
Full Bath | 7.1 x 8.2 | Upper | |
Full Bath | 5.0 x 9.5 | Upper | |
Full Bath | 9.1 x 6.0 | Lower | |
Half Bath | 6.4 x 5.1 | Main | |
Kitchen | Breakfast Nook,Island | 13.0 x 16.5 | Main |
Living Room | Hardwood Floor | 17.7 x 12.2 | Main |
Office | Hardwood Floor | 11.3 x 12.2 | Main |
Other | 13.5 x 12.5 | Lower | |
Primary Bedroom | Walk-In Closet | 29.9 x 12.8 | Upper |
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Sales Associates
William Raveis Real Estate
Phone: 860.850.0500
OneandCompany@raveis.com
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 | $592,000 | $592,000 | $592,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $745 | $745 | $745 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,038 | $3,935 | $5,076 |
Total Monthly Payment | $4,875 | $4,772 | $5,913 |
* 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.