111 Sherman Drive, #1, Moretown, VT, 05676 | $449,000

Presenting Unit 1, a sophisticated townhouse condominium situated just beyond the Waterbury Village line on Sherman Drive. This brand-new property mirrors an exquisite floorplan featuring three spacious bedrooms, 2. 5 modern bathrooms, a full basement, and an oversized single-car drive-under garage. Constructed by the esteemed Noyes Properties LLC, this home exudes quality craftsmanship and refined design. The generous living spaces are thoughtfully structured for comfort and entertainment. The primary suite is a haven of tranquility, boasting a private bath and walk-in closet. The main floor showcases charming wood flooring, transitioning into plush new carpeting on the second floor. An added feature is the insulated over-thick common wall designed for quiet and privacy, offering a serene living experience. Unit A is one-half of a two-unit building, each with an independent septic and leach field. Additionally, this unit features a private rear deck measuring 11x11, perfect for outdoor relaxation or entertaining. Located conveniently close to Waterbury Village and central to the Mad River Valley, Stowe, Burlington, and Montpelier, this property blends urban convenience with neighborhood charm.

Features

  • Parking: Auto Open,Heated Garage,Driveway,Garage,Off Street,On-Site,Parking Spaces 2,Underground
  • Heating: Hot Water,Multi Zone,Radiant,Wall Units
  • Cooling: None
  • Amenities: Common Acreage
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Complex: Sherman Drive
  • Year Built: 2024
  • Approx Sq. Feet: 1,276
  • Acreage: 4.8
  • Lot Desc: Condo Development
  • Elem. School: Moretown Elementary School
  • Middle School: Harwood Union Middle/High
  • High School: Harwood Union High School
  • School District: Washington West
  • MLS#: 4985952
  • Website: https://www.raveis.com
    /prop/4985952/111shermandrive_moretown_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.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 6/11/2024

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Rod CrossSales Associate

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

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111 Sherman Drive, #1, Moretown, VT, 05676

$449,000

Rod Cross

Sales Associate

William Raveis Real Estate

Phone: 203.240.1577

Rod.Cross@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $359,200 $359,200 $359,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.880% 7.171% 6.538%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,420 $2,387 $3,080
Total Monthly Payment $2,495 $2,462 $3,155

* 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.