Shepherdstown, WV
Breathtaking may be the first word that comes to mind upon arriving at Maddex Farm. Nestled near the mountains of Sheperdstown, this community offers stunning hillside views and majestic single-family homes that simply take your breath away. Not to worry, the location is as convenient as it is picturesque. The MARC train station, shopping, dining, recreation and culture are all just minutes from your front door.
• Located in Shepherdstown, WV
• Up to 4 bedrooms and 2 ½ bathrooms
• Up to 3,100 square feet
• Up to 2-car garage
• Ranch and 2-story homes available
• Stunning single-family homes nestled near the mountains of Shepherdstown
• Shopping, recreation, dining, entertainment and more can be reached within minutes
• Downtown Shepherdstown boasts history, architecture, museums and galleries
• Within minutes of MARC train station
Directions:
From Frederick:
- Take I-70 to Alternate Rt 40 West toward Middletown/Boonsboro
- Pass through Middletown and into Boonsboro
- Turn left at the traffic light onto Route 34
- Continue approximately 10 miles
- Cross over the Potomac River bridge into WV
- Turn right at 4-way stop onto German Street
- Turn right at the traffic light onto Maddex Square Dr
- Victoria model on right - parking across street
Models Available
Starting from the Mid $180's
**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.75%, an APR not to exceed 5.439%, and 3.5% down payment. Monthly payment assumes the base sales price of the community which includes principal, interest, estimated taxes, insurance, up front mortgage insurance premium and estimated tax savings based on a 28% income tax rate. We recommend that you consult a Certified Public Accountant regarding your specific tax situation and details. Monthly payment does not include homeowner's association dues. The borrower is paying 0 discount point(s). A 1% origination fee is paid by the buyer. Mortgage insurance is included in these examples because the LTV is 96.5%. Qualifying and rates on loan programs may vary based on credit criteria, final amount of down payment, and are subject to current market pricing. APR may vary depending on rate and final loan program. Certain restrictions may apply. Rates effective 3/19/2010 and subject to change without notice. Prices, offers and financing are subject to change without notice. See sales representative for details.
Product: 30 Year FHA
Sales Price: $185,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 0.73%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.2%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $6,510
Loan amount: $182,621
Up front mortgage insurance amount: $3,141
$230 (Principal)
+ $723 (Interest)
+ $113 (Property Tax Estimate)
+ $31 (Hazard Insurance Estimate)
+ $84 (PMI Estimate)
+ $00 (Condo Fees)
- $201 (1st Year Tax Savings Estimate)
-------------------
$979 : Estimated Monthly Payment
Federal tax credit up to $8,000 for first-time buyers and $6,500 for move-up buyers available on homes under contract as primary residences by 4/30/2010 and settled by 6/30/2010. $8,000 tax credit is for first-time buyers or those who have not owned a primary residence in 3 years. The $6,500 credit is Available to Move-Up Buyers who have maintained the same principal residence for any 5-consecutive year period during the 8-year period ending on the date of the settlement. Income limitations and other restrictions apply. We suggest you consult a Certified Public Accountant and IRS.gov for tax advice and official requirements. Prices, financing and other offers subject to change without notice. See sales representative for details.