North East, MD
As you pass Ridgely Forest’s stately entry monuments and professional landscaping, you’ll quickly understand the unique integrity of this community. Retreat to lovely villas in a cohesive neighborhood with lush trees, walking paths and amenities that include a pool, fitness center, parks and more. Though tucked away in mature forest, the neighborhood enjoys proximity to commuter routes, everyday conveniences and outdoor recreation.
• Located in North East, MD
• Tranquil community tucked away in mature forest
• Resort-like amenities include a clubhouse with pool, fitness center, reception room, walking paths, tot lots and pocket parks
• Near Elk Neck State Park, Shelter Cove Yacht Basin and the Chesapeake Club Golf Course
• Proximity to everyday conveniences, shopping, boating, recreation, I-95 and Routes 272 and 40
Directions:
Please visit our Townhome model:
-Take I-95 to Exit 100 (Rt 272 S).
-Continue on Rt 272 S for 1.4 mi to a left onto Rt 40E for approx 1 mi.
-Proceed to a right onto Mechanics Valley Rd. Proceed for 1 mi to a left onto Rt 7.
-Follow for approx 3/4 mi to the community entrance on the left.
-Follow to a left onto Magnolia Dr.
-Turn right onto Goldspire Dr and follow to a right onto Magnolia Dr.
-Proceed to the model home on the right.
Models Available
Starting from the Under $210's
Product: 30 Year FHA
Sales Price: $209,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 1.01%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.14%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $7,350
Loan amount: $206,187
Up front mortgage insurance amount: $3,546
$259 (Principal)
+ $816 (Interest)
+ $177 (Property Tax Estimate)
+ $24 (Hazard Insurance Estimate)
+ $95 (PMI Estimate)
+ $00 (Condo Fees)
- $227 (1st Year Tax Savings Estimate)
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$1,144 : 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.