2551 Lorelei Terrace Monroe, NC 28112 -- MLS# 4376114
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Property Description
Beautifully crafted 4-bedroom, 3-bath home with a loft and oversized 2-car garage in a highly desirable location! One of the builder’s most popular floor plans, this newly completed home truly checks all the boxes. The thoughtfully designed layout features a main-level guest bedroom and full bath, ideal for visitors or a home office. The spacious kitchen showcases granite countertops, stainless steel appliances, and an open-concept design that flows seamlessly into the dining area and great room—perfect for entertaining and everyday living. Abundant windows along the front, back, and side of the home fill the space with natural light. Upstairs, the expansive primary suite offers a relaxing retreat with dual vanities, a walk-in shower, and separate tub and shower. Two additional bedrooms, a full bath, and a versatile loft complete the second floor. The garage includes built-in shelving and carpeted flooring, creating a flexible space for storage, hobbies, or a home gym. Conveniently located near downtown Waxhaw, the growing downtown Monroe area, and with easy access to Charlotte.
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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