If you're looking for a fixer-upper on a spacious lot with a three-car garage in a vibrant community, Shelton is the perfect place for you. And with so many things to do in the area, you'll never be bored. Whether you want to enjoy the great outdoors, Shelton is home to various parks and recreation areas, including Indian Well State Park, which offers hiking, fishing, and swimming. The Shelton Lakes Recreation Path is a great place to walk, bike, or run, and the Housatonic River provides opportunities for kayaking and canoeing. Maybe you want to catch a game at the Sports Center of Connecticut or explore the arts and culture scene. The community is home to many arts and cultural organizations. On approximately 1. 35 acres, you'll have plenty of space to entertain guests or simply relax and enjoy the peace and quiet. With a bit of work, you can turn this fixer-upper into your dream home in a great community. NO ACCESS OR VIEWINGS of this property - drive by only - no interior photos. All potential Buyers are requested to check with City, County, Zoning, Tax, and other records to determine all details on this property listed above to their satisfaction. The Buyer's due diligence must be conducted before bidding, as the high bidder will receive an "As is" CASH-ONLY contract with no contingencies, inspections, or warranties. This is an REO property.
Type | Level |
---|---|
Bedroom 1 | Main |
Bedroom 2 | Main |
Kitchen | Main |
Living Room | Main |
Primary Bedroom | Main |
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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 | $518,400 | $518,400 | $518,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.737% | 7.055% | 6.120% |
Monthly Tax Payment | $689 | $689 | $689 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,362 | $3,406 | $4,340 |
Total Monthly Payment | $4,143 | $4,187 | $5,121 |
* 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.