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Welcome to Knollwood Beach Association, where charm, comfort, and nature meet in this beautifully updated year-round ranch-style home. Just two blocks from the sandy shores of Knollwood Beach, kayaking stands, tennis , pickleball and basketball courts, a playground, and the association clubhouse, this home is nestled along the Beamon Creek Estuary-a vital migratory stopover for birds that empties into the protected South Cove. Step inside and be welcomed by gleaming hardwood floors and an airy, open layout that stretches from the front of the house to the breathtaking 252-square-foot sunroom at the back. With floor-to-ceiling windows, the sunroom floods the home with natural light and offers tranquil tidal water views of the estuary, truly bringing the outdoors in. Designed for easy living, the home features two spacious bedrooms-one of which could easily be converted into two-a main floor laundry area, two full bathrooms, and a cozy gas fireplace. Step out onto the Trex deck or the outdoor patio for effortless indoor/outdoor entertaining in a peaceful, natural setting. Best of all, flood insurance is not required. Whether you're seeking a second home or a forever retreat, this property is full of potential and ready for you to make it your own. Low annual taxes of $5300 appx / association fee $400 appx annually includes trash pickup.
Type | Description | Level |
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Bedroom 1 | Jack & Jill Bath | Main |
Great Room | Main | |
Living Room | Remodeled,Gas Log Fireplace,Hardwood Floor | Main |
Primary Bedroom | Full Bath | Main |
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NMLS Mortgage Loan Originator ID 10930
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $448 | $448 | $448 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,040 | $4,199 | $5,351 |
Total Monthly Payment | $4,580 | $4,739 | $5,891 |
* 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.