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Perfect starter home in a fantastic Colchester Location! Welcome to your new home! Located just over the Winooski/Colchester town line in a quaint and peaceful neighborhood. This adorable 3 bedroom, 2 bathroom raised ranch is just minutes from the Winooski Circle and offers easy access to I-89—perfect for commuting or weekend adventures. Inside, you’ll love the bright, open layout with plenty of natural light and a welcoming feel throughout. Beautiful hardwood floors (recently stained) run across the main level, and the living room features a cozy stone (decorative) wood burning fireplace that adds tons of charm. Just off the dining area, a spacious enclosed screen porch is the perfect spot to relax and enjoy warm summer nights while cooling down with a nice beverage. Downstairs, the finished basement includes a comfy family room with a gas stove and a second full bathroom—ideal for guests, movie nights, or creating your own personal retreat. This move-in-ready home has everything you need to get started—comfort, style, and a location that can't be beat. Recently painted throughout to give this home a fresh feel ready for its next owner! Come take a look… it could be the perfect first step into homeownership! Enjoy access to local shops, restaurants, schools, parks, and more—plus you're just minutes from the BTV Airport, I-89, UVM Medical Center, and beautiful Lake Champlain.
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Our Executive Mortgage Banker:
Our Insurance Division:
$475,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $380,000 | $380,000 | $380,000 |
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 | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | $476 | $476 | $476 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,402 | $2,496 | $3,181 |
Total Monthly Payment | $2,953 | $3,047 | $3,732 |
* 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.