|
|
Welcome to 7 Catalpa Road, a ranch style home, located in the highly sought-after Granite Woods, Salem’s premier 55+ community built by DHB Homes, offering elegant, low-maintenance living in a beautifully landscaped setting. This single-level home combines modern design with everyday comfort, featuring an open-concept layout ideal for entertaining and relaxation. The gourmet kitchen boasts granite countertops, stainless steel appliances, a large island, and a classic blue tile backsplash - all opening seamlessly to the dining area and sun-filled living room with a cozy gas fireplace. The luxurious primary suite offers a private retreat with a walk-in closet and a spa-inspired bath with a double vanity, tiled shower and a soaking tub. A second bedroom with an adjacent full bath is perfect for guests, while a dedicated office provides flexible space for at-home work, reading or crafting. The full unfinished basement expands the possibility of future finishing or immense storage space as is. Enjoy your morning coffee or evening unwind on the back Trex deck surrounded by lush mature landscaping. Additional highlights include first-floor laundry, a two-car attached garage, and a whole-house generator for year-round comfort. Residents of Granite Woods enjoy access to a professionally designed and decorated clubhouse featuring a spacious patio and a heated in-ground pool, perfect for social gatherings, watching a game, birthday parties and more. Conveniently located right near Tuscan Village, I-93 Exit 1, endless shopping, and fine dining - 7 Catalpa Road offers the perfect blend of style, comfort, and community maintenance-free living.
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/23/2026Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $620,000 | $620,000 | $620,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $767 | $767 | $767 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,817 | $3,915 | $5,149 |
| Total Monthly Payment | $4,676 | $4,774 | $6,008 |
* 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.