Kimberly McGrath - Janice Mitchell Real Estate, Inc



Posted by Kimberly McGrath on 9/10/2019

This Single-Family in Princeton, MA recently sold for $623,845. This Colonial style home was sold by Kimberly McGrath - Janice Mitchell Real Estate, Inc.


22 Sam Cobb Lane, Princeton, MA 01541

Single-Family

$578,500
Price
$623,845
Sale Price

7
Rooms
3
Beds
2/1
Full/Half Baths
New Construction: Buyer-customized flat front Colonial home with contemporary interior styling. 20' x 20' Family Room with cathedral ceiling. Flooring is all hardwood and tile, including extra large mudroom. Backsplash blue glass subway tile, 42" upper cabinets, 7' Kitchen island and oversized pantry closet. First floor home office with french doors, L-shaped main staircase. Master bedroom suite with 2 walk-in closets and tile shower. High efficiency forced hot air propane heating system with Central A/C. Exterior features include LP Smart Side siding, irrigation system and 14 x 14 Screen Room with composite flooring, vaulted pine ceiling and ceiling fan.The Thomas Prince K-8 STEAM curriculum ranks it high on school rating websites. Princeton now has high speed internet! This home is just 6 miles to the Wachusett Mountain Ski Area, 10 miles to Route 2 at exit 28 and Wachusett Station Commuter Rail to Boston, and 13 miles to Worcester. Ask about other home styles and sites!

Similar Properties





Categories: Sold Homes  


Posted by Kimberly McGrath on 9/5/2019


3 Autumn Woods Dr, Rutland, MA 01543

Condo

$189,000
Price

3
Rooms
1
Beds
1
Baths
Beautiful duplex-style over-55 condo in Autumn Woods! Main floor features open floor plan with vaulted living room, fully-applianced cabinet-packed kitchen, spacious master bedroom and full bath with oversized shower. Other features include large basement that could be finished for additional living area, attached garage and private deck overlooking large lawn area from this end unit location! Complex is conveniently located near the Paxton line and minutes to Tatnuck Square!
Open House
No scheduled Open Houses






Tags: Real estate   Rutland   condo   01543  
Categories: Price Change  


Posted by Kimberly McGrath on 9/5/2019

Real estate terminology can be confusing for both new and experienced homeowners alike. Especially when it comes to the various types of loans. If the different types of loans have your head spinning, don’t worry. I hear you!

Here’s what you need to know:

Mortgage prequalification is an estimate a lender will give as to what you will qualify for when a more in-depth analysis is made. It doesn't guarantee anything and is to be thought of as a rough ballpark estimate.

Mortgage pre-approval is when a more in-depth review is made. The lender will take your income, debt and other factors into consideration to give you a more conclusive number. This number is the max they will lend out to you. It does not mean you have to take out the full amount.

Adjustable rate mortgage or ARM is a mortgage in which the interest rate changes over time. These changes are dependent on an index based on the credit markets. The change in interest rate should reflect a fairness of risk to both the lender and borrower. These changes are regulated by the government and there is a limit to the charges. The initial lower rate the first few years is a draw for many borrowers.

A fixed-rate mortgage or FRM is, as you might have guessed, one where the interest rate does not change throughout the lifespan of the loan. These loans are seen as risky in that the interest rate doesn’t reflect the flux of credit market values. What this means is that sometimes the risk for the lender increases if the market value of the home increases. And the risk increases for the buyer when the market value of the home decreases.

Conventional loans have fixed terms and rates and are not “government-backed”. This simply means they are not guaranteed by the government or insured by a government agency. Examples of these agencies are the Federal Housing Administration (FHA), the Farmers Home Administration(FmHA), and the U.S. Department of Veteran Affairs (VA).

Private mortgage insurance or PMI is a type of insurance for a conventional loan. This loan protects the lender if, for whatever reason, you were to stop making payments. It’s usually a monthly premium tacked onto your mortgage payment. It can also be an upfront cost you only need to pay once. This is a decision that is up to and may be mandatory, by your lender.

Federal housing administration loan or FHA loan can only be obtained from qualifying lenders. These loans are insured by the FHA. This mortgage is designed to assist home buyers who have a low to moderate income and can’t afford to put down a large down payment. The down payment can be as low as 3.5% of the home's value for borrowers who qualify.  





Posted by Kimberly McGrath on 9/3/2019

This Condo in Sturbridge, MA recently sold for $325,000. This Townhouse style home was sold by Kimberly McGrath - Janice Mitchell Real Estate, Inc.


6 Crescent Way, Sturbridge, MA 01518

Condo

$325,000
Price
$325,000
Sale Price

6
Rooms
2
Beds
2/1
Full/Half Baths
Crescent Gate is Sturbridge's premier 55+ active adult community with great amenities! This cottage style town house is in pristine condition and offers a beautiful spacious open floor plan with a large fire placed living room, hardwoods, great sized dining area, wonderful kitchen with a gas range and center island, serine glassed in sun room with lovely views and great privacy, a large1st floor master suite with a walk in closet and private bathroom, a large open 2nd floor oversized loft with a balcony, 2nd bedroom, 2nd full bathroom, a great big walk out basement that is framed up and ready to be finished, central air, 1 car garage & paved driveway! Enjoy all the amenities of the great house, fire placed gathering room, country kitchen, exercise room, library, game room and movie theater. Professionally landscaped and plowed. Close to wonderful restaurants & shopping! Great access to the MA Pike, rts 9, 20 and 84!

Similar Properties





Tags: Real estate   condo   Sturbridge   01518  
Categories: Sold Homes  


Posted by Kimberly McGrath on 9/3/2019

This Single-Family in Rutland, MA recently sold for $390,000. This Colonial style home was sold by Kimberly McGrath - Janice Mitchell Real Estate, Inc.


55 Campbell St, Rutland, MA 01543

Single-Family

$399,900
Price
$390,000
Sale Price

8
Rooms
4
Beds
2/1
Full/Half Baths
Beautiful 4 bed, 2.5 bath colonial set back for privacy on just under 7 acres! Stunning updated kitchen with natural cherry cabinets, granite counters, stainless steel appliances & center island. Open concept main level features hardwood floors, front to back living room with fireplace with Jotul wood stove insert and 55 Inch mounted TV, formal dining room and laundry room/half bath. Second level features four spacious bedrooms including master suite with private bath. Two car garage is set up for heat, generator and air compressor! Exterior features include gorgeous young custom-built screen room, mahogany deck complete with jacuzzi and beautiful oversized patio. Enjoy the mature perennial garden beds, native blueberry and blackberry bushes, native concord grapes and 30x40 fenced-in vegetable garden. Plenty of woodlands to explore or build a tree house. Area amenities include the Rail Trail, Rutland State Park, Mount Wachusett & more!

Similar Properties





Categories: Sold Homes