2/9/2010 8:31:05 AM
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Cobblestone Park

Montville Township, OH

Cobblestone Park  Community

School District: Medina City Schools

Contact: (330) 721-8495

Location: (Directions)

Hours: Monday 2PM-7PM, Tuesday-Friday 12PM-7PM, Saturday & Sunday 11AM-6PM


Look no further! Enjoying an enviable Montville Township location, which boasts the lowest taxes in the area, Cobblestone Park III features breathtaking single-family homes in a picturesque setting adjacent to a luxury golf course community. Enjoy more home and more land for your dollar, with a prime location just minutes from major roadways, shopping, recreation and more. All of Medina City’s amenities are at your fingertips, including the highly rated school system.

• Located in Montville Township
• Up to 4 bedrooms and 2 ½ bathrooms
• Up to 3-car garage
• Open, airy floorplans and generous appointments including 9-foot ceilings, fireplace and owner’s suite
• Custom options include: brick front, front porch, morning room, gourmet kitchen, study and finished basement
• Adjacent to a luxury golf course community
• Montville Township taxes – among the lowest in the area. No city taxes
• Highly rated Medina City schools
• Minutes from major roadways, shopping, recreation and more
• Easy access to Medina City’s countless amenities

Directions:

-Take I-71 to Rt. 18 W.
-Left on River Styx Rd.
-Continue 1.5 mi. to a right on Sharon Copley Rd. (Rt. 162)
-Proceed to a left on Rt. 57
-Right on Poe Rd.
-Community is 1 mi. ahead on right

For Navigation Use:
4517 Brownstone Lane
Montville Twp, OH 44256

Models Available

Starting from the Low $190's

**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.875%, an APR not to exceed 5.574%, 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 2/9/2010 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: $193,990
Interest Rate: 4.875%
Downpayment: 3.5%
Property Tax Rate: 1.81%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.2%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $6,790
Loan amount: $190,476
Up front mortgage insurance amount: $3,276

  $234  (Principal)
+ $774  (Interest)
+ $293  (Property Tax Estimate)
+ $32  (Hazard Insurance Estimate)
+ $87  (PMI Estimate)
+ $00  (Condo Fees)
- $215  (1st Year Tax Savings Estimate)
-------------------
$1,205 : Estimated Monthly Payment