Welcome to this charming 2 bed 2. 5 bath townouse condo in the desirable Orangewood East complex. A great fixer-upper! 229 Shagbark is at the back of the complex and located in a cul-de-sac with your own assigned parking. The kitchen opens to a large dining room with sliders to the private patio. Half bath on main level. Living room has a wood burning fireplace. Upstairs you will find a generous sized primary bedroom with its own en-suite full bath with set in shower. Good sized second bedroom and an additional full bath with tub/shower complete the upper level. The lower level offers bonus additonal finished space with a built-in dry bar for entertaining plus washer/dryer. The centra A/C and forced ot air will keep you comfortable all year long. The grounds in this complex are meticulously maintained. Assess to pool and clubhouse. Conveniently located on the Derby/Orange line just minutes to the Merritt Parkway and Route 34 and 8. Close to shopping, restuarants and a medical walk in facility. As of this posting there is no waiting list for renting, making it an enticing prospect for those looking to generate rental income.
Type | Description | Level |
---|---|---|
Bedroom 1 | Walk-In Closet | Upper |
Den | Dry Bar,Wall/Wall Carpet,Tile Floor | Lower |
Dining Room | Patio/Terrace,Sliders,Wall/Wall Carpet | Main |
Full Bath | Stall Shower | Upper |
Half Bath | Tile Floor | Main |
Kitchen | Pantry,Laminate Floor | Main |
Living Room | Fireplace,Wall/Wall Carpet | Main |
Primary Bedroom | Full Bath,Stall Shower,Walk-In Closet,Wall/Wall Carpet | Upper |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $236,000 | $236,000 | $236,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.760% | 7.042% | 6.160% |
Monthly Tax Payment | $417 | $417 | $417 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,630 | $1,550 | $1,976 |
Total Monthly Payment | $2,122 | $2,042 | $2,468 |
* 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.