There's an adorable home on the corner of Loring & Chandler that caught your attention. Yes, the cute bungalow with the orange wood shakes! The home has a fully fenced-in yard w/ garage and onto a large paver patio, and it is close to convenient amenities in Vinnin Square and beaches in Swampscott. This started as someone's ideal starter-home. They cared for it by making investments in major components. A new roof in 2022. A new boiler in 2023. Blown-in insulation to keep heating bills low. They freshened up the kitchen w/ a modern/retro look & a classic refrigerator. Their 1st floor office made it possible to work from home, and the space in the basement was utilized as a guest suite w/ its own separate entrance. While it's time to move on, the home is move-in ready. Whose perfect starter-home will this be next?
Type:
Single-family residential
Heating:
Baseboard, Natural Gas
Parking:
5-car, Detached, Off Street, Paved
Appliances:
Range, Dishwasher, Refrigerator
469 Loring Ave, Salem, MA, 01970
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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