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Breathtaking sunsets and dramatic seasonal lake and mountain views from numerous rooms (year-round with a bit of tree trimming), in this unique, custom designed, 5-bedroom home, located in South Burlington’s Orchard School district. Cooks will love the eat-in chef’s kitchen with oversized granite countertops for easy prep, ceramic tile floor and cabinets galore. The rest of the first floor is hardwood, including a formal dining room with French doors and gorgeous built-ins, a sunken living room with wood burning fireplace for cozy, retro-style comfort and fun, plus a 3-season sunroom. On level two we have an oversized master suite with private bath and jet tub, vaulted ceilings and balcony presenting fabulous westerly mountain views right from your bedroom. Plus, three more bedrooms, laundry room and in-home office. Level three presents another bedroom and a built-in bookcase lined sitting room/library with teak paneling, vaulted ceiling, a grand view overlooking the neighborhood with the Adirondacks soaring in the distance. Plus, a partially finished basement with tons of storage and slate pool table. Attached, 2-car garage. Super convenient, 15-minutes to downtown Burlington, UVM, the Medical Center, the Airport and just 5-minutes to 189. Don’t miss your chance at this exceptionally located South Burlington gem. Property is currently rented and will be sold “as-is. ” Lease expires 6/24/25. Tenant may agree to leave sooner. Seller is a licensed Real Estate Broker.
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Our Executive Mortgage Banker:
Our Insurance Division:
$949,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $759,200 | $759,200 | $759,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.739% | 6.183% |
Monthly Tax Payment | $1,233 | $1,233 | $1,233 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,311 | $4,861 | $6,407 |
Total Monthly Payment | $5,636 | $6,186 | $7,732 |
* 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.