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Welcome to this beautifully maintained split-level home, nestled on a spacious, corner lot just under an acre, and 1 mile from downtown Durham. Recently refreshed with brand new paint throughout, this home is move-in ready and offers a bright, modern living experience. The open-concept design seamlessly connects the living, dining, and kitchen areas, with a stunning center brick fireplace as the focal point. The large bow window brings in natural light, highlighting the cherry hardwood floors. Step out into the sunroom, where you can relax and enjoy views of the landscaped yard, bordered by tranquil woods. The main level features a spacious primary suite, two generously sized bedrooms, and a full bathroom. The lower level offers a cozy, yet spacious, family room with built-ins, perfect for a home office or additional living space. Situated in the highly sought-after ORSD and just minutes to major commuting routes, this home offers both convenience and charm. Enjoy the serene, wooded setting and a beautiful home in a sought-after location—this one won't last long!
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William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,920 | $479,920 | $479,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.063% | 6.132% |
Monthly Tax Payment | $791 | $791 | $791 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,994 | $3,153 | $4,018 |
Total Monthly Payment | $3,877 | $4,036 | $4,901 |
* 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.