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Welcome to 111 Palmyra Ave, a stunning 4/5-bedroom residence set on over . 25 acres on a quiet tree lined street in the heart of Old Woodmere, SD #14. This turnkey designer home starts with an oversized driveway, leading to a large front covered porch, and then into an impressive sun filled 2 story foyer, an expansive living room with gas fireplace, a formal dining room with wainscotting leading to a custom chef’s kitchen equipped with center island, 2 sinks, stainless steel appliances, and a large dining area. The breakfast area flows into the family room with 2 sets of French doors leading to an XL covered deck. The first level continues with a main floor bedroom with vaulted ceiling, another bedroom/office, a half bath, a laundry room, and a large mud room leading to the attached garage. The 2 main floor bedrooms provide flexible space for guests, home offices, or extended living. The second level features new hardwood floors, a large open sitting area with balcony overlooking the foyer, and a luxurious primary suite with vaulted ceiling including an ensuite bath with radiant heat and large dressing room with custom built-in cabinetry and closets. Two additional bedrooms and a full bath complete the 2nd floor. The beautifully landscaped backyard is a peaceful quiet space with 2 pavered patios and large covered deck perfect for entertaining. Updates include: all upscale architectural details, custom millwork, radiant heat, skylights throughout, vaulted ceilings, hot water heat, central air conditioning, a security system, an in-ground sprinkler system, hardwood floors, and attic storage. This property is conveniently located near public transportation, schools, parks, restaurants, shopping, and houses of worship…. . Finally here is THE home that blends modern updates with timeless warmth and functionality……. Must see!! (Taxes do not reflect star deduction)
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Our Executive Mortgage Banker:
$2,048,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,638,400 | $1,638,400 | $1,638,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $2,279 | $2,279 | $2,279 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,175 | $9,955 | $13,715 |
| Total Monthly Payment | $11,579 | $12,359 | $16,119 |
* 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.