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Welcome to 553 Derby Ave in Woodmere and discover the perfect blend of timeless elegance and contemporary scale in this stunning 10-year-old Center Hall Colonial. Situated on a generous 80 x 100 lot, this residence offers an expansive layout designed for both grand entertaining and comfortable multi-generational living. Step through the dramatic cathedral entry into a home defined by high ceilings and sophisticated finishes. The first floor is thoughtfully designed to balance formal and casual spaces. With a bright, high-end eat-in kitchen that flows seamlessly into a spacious den, formal living room, formal dining room, powder room and conveniently located laundry room. Additionally, the 1st floor has a private Guest Suite featuring a full en-suite bathroom—perfect for visitors or long-term stays. The second floor features five oversized bedrooms and three full bathrooms. The massive Primary Suite serves as a true sanctuary, boasting significant walk-in closet space and a spa-like atmosphere in the bathroom. The third floor is an incredible bonus level featuring a large playroom, plus two additional bedrooms and another full bathroom. It’s the ultimate space for a home office or recreation hub. This “like new” home was meticulously maintained with modern systems and high-end aesthetic touches throughout. With its prime location, abundant square footage, and low taxes, this is a rare opportunity to own a turnkey masterpiece. The information has been provided by the Seller and public records and has not been verified by the Broker. Information is deemed reliable but not guaranteed.
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Our Executive Mortgage Banker:
$2,999,999
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 | $2,399,999 | $2,399,999 | $2,399,999 |
| 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 | $1,685 | $1,685 | $1,685 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $13,439 | $14,583 | $20,091 |
| Total Monthly Payment | $15,249 | $16,393 | $21,901 |
* 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.