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COVENTRY LAKE, WATERFRONT HEIGHTS LAKE ASSOCIATION HOME FOR SALE! What a cutie! This is the perfect alternative to condo living- your own space, a private yard with fence and 2 driveways that provide plenty of parking for you, your boat, your friends and family. Membership in the Waterfront Heights Lake Assoc. gives you access to the private WFH Assoc. Beach where you can spend time on Coventry Lake, launch your paddle board, canoe or kayak, swim in the lake, or picnic and play games in the park! This updated 1 bedroom home was remodeled to maximize space and take full advantage of the natural light. Soaring ceilings and windows in the living room, dining area and kitchen make these spaces feel light and bright. The wood burning fireplace adds warmth and charm to the living room. Granite counters, stainless steel appliances and a breakfast bar are a few of the features that make the kitchen both attractive and functional. The primary bedroom is across the hall from the remodeled full bath which boasts a walk-in shower with glass doors and vanity. The good-sized enclosed sunporch allows you to extend your entertaining space! The fenced in back yard has been landscaped with perennials that bloom and beautify the yard year-round. The walk out basement, houses the mechanicals and is ideal for storing lawn equipment and lake toys! An additional 0. 15acre lot MBL 28-2-138 is included. This abutting lot is on Ridgewood Trl. where the septic is located, it's not a building lot. Ability to moor a boat or watercraft in Waterfront Heights Lake Association is determined by space availability. Owners are not guaranteed the right to moor a boat at the association beach.
| Type | Description | Level |
|---|---|---|
| Kitchen | Remodeled,Skylight,Vaulted Ceiling,Dining Area | Main |
| Living Room | Remodeled,Skylight,Cathedral Ceiling,Ceiling Fan,Fireplace | Main |
| Primary Bedroom | Remodeled,Vaulted Ceiling | Main |
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $176,000 | $176,000 | $176,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.628% | 5.933% |
| Monthly Tax Payment | $315 | $315 | $315 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,069 | $1,111 | $1,462 |
| Total Monthly Payment | $1,459 | $1,501 | $1,852 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.