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One of Salem's most Architecturally, Grand Streets. Gracious 2 bdrm, office & 2 1/2 bath condo & close to Salem Common, Train, Downtown & Pickering Wharf. This well-appointed Condominium is the Antithesis of Cookie Cutter & is situated in the quiet back of this elegant C. 1873 Victorian Bldg. Spacious 13x20 living rm w/ tall ceilings, gas fireplace, oversized windows, lots of natural light & Juliet Balcony. Ceiling surround sound/recessed lights in every rm. Perfect 15x20 custom kitchen for the Chef w Granite Island that seats 8 & attractive arches. Huge 19x20 Main bdrm w French doors to private 10x10 patio. Main bath with 4 yr old steam shower & granite double sink. Roomy 9x10 spiral stair case. Lower level w/ comfortable & warm, cork plank board floors. (1) 40 lb dog & 1 cat ok, or 2 cats ok, (see firm remarks & rules & regulations). Deeded 2 car, side by side pkg & large 9x19 storage rm. Open Sunday (5/4/25) 11-12: 30. Can be seen before the Open House.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Closet, Recessed Lighting | 15.0 x 12.0 | Basement |
Kitchen | Flooring - Hardwood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Peninsula, Tray Ceiling(s) | 20.0 x 12.0 | Main,First |
Living Room | Flooring - Hardwood, Window(s) - Stained Glass, French Doors, Recessed Lighting, Archway, Tray Ceiling(s) | 20.0 x 13.0 | Main,First |
Master Bedroom | Bathroom - 3/4, Bathroom - Double Vanity/Sink, Closet, French Doors, Exterior Access, Recessed Lighting, Tray Ceiling(s) | 20.0 x 19.0 | Basement |
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Our Executive Mortgage Banker:
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$689,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
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 | $551,200 | $551,200 | $551,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.095% | 7.141% | 6.152% |
Monthly Tax Payment | $612 | $612 | $612 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,484 | $3,663 | $4,614 |
Total Monthly Payment | $4,188 | $4,367 | $5,318 |
* 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.