Nestled in the desirable Pickman Park association, this two-level townhouse offers a blend of comfort and convenience. The living room boasts vaulted ceilings, a cozy fireplace, and a deck overlooking a spacious yard bordered by woods, providing the perfect touch of privacy. The updated full bath features a walk-in shower, and recent improvements include a brand-new heating and A/C system, as well as updated windows from 2014. The versatile family room can serve as a home office, playroom, or any space you desire, or need. Enjoy the benefits of the well-run association amenities, which include a pool, clubhouse, and tennis courts. The property also features a one-car garage and a driveway for good parking, and a pull-down attic for extra storage needs. Ideally located near downtown Salem, the commuter rail, beaches, shopping, and local eateries, this home is a true gem.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | 11.0 x 11.0 | Second | |
Bedroom 3 | Closet/Cabinets - Custom Built, Flooring - Laminate | ||
Kitchen | Ceiling Fan(s), Flooring - Laminate | 10.0 x 13.0 | Second |
Living Room | Skylight, Vaulted Ceiling(s), Flooring - Laminate, Cable Hookup, Deck - Exterior | 13.0 x 15.0 | Second |
Master Bedroom | Closet/Cabinets - Custom Built, Flooring - Laminate | 10.0 x 13.0 | Second |
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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 | $374,800 | $374,800 | $374,800 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $353 | $353 | $353 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,494 | $2,491 | $3,161 |
Total Monthly Payment | $2,922 | $2,919 | $3,589 |
* 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.