MEREDITH: For the first time in over 40 years, this charming 4BR/2BTH home located along the shores of Waukewan Lake is being offered for sale. An ideal location only one mile to downtown Meredith, yet tucked away in a very private and serene setting. You will be welcomed into the comfortable home and reminded of days gone by with less hustle and more relaxation. The knotty pine walls and exposed beams throughout the home add so much warmth and character. There is a wood-burning fireplace in the living room for those chilly nights. The open floor plan creates a great space for gathering and the large sliders off kitchen leading to the deck allows for the natural light and lake view to spill into the home. Two bedrooms (one of which is being used as a laundry/overflow storage room) and 3/4 bath complete the main level. Upstairs are two more bedrooms, each with a balcony, and a 2nd 3/4 bath. The unfinished walkout basement is a canvas for future expansion or added storage/workshop space. A . 78-acre lot with 200+/- feet on Waukewan boasts a wonderful level terrain by the waters edge, perfect for volleyball or badminton "courts", horseshoes, cornhole or simply more space to spread out and relax. Private dock, swim raft and a protected cove for lake enjoyment. You will not be disappointed when you visit!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,036,000 | $1,036,000 | $1,036,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $1,053 | $1,053 | $1,053 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,964 | $6,548 | $8,742 |
Total Monthly Payment | $7,142 | $7,726 | $9,920 |
* 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.