Homes for Sale – Madison

1850 Boyd Ave
Beautifully updated by Operation Fresh Start!!  Second floor expansion provides additional bedrooms and bath. Updated kitchen and main floor bath make this home wonderfully refreshing.  Special financing for eligible buyer makes this home uniquely affordable.  See it Today!

  • House – 1,141 sq. ft.; lot size 0.17 acres.
  • Three bedroom
  • Two full baths
  • Detached garage
  • Full basement,
  • List price: $160,000.  Available 2nd mortgage of $24,097 and Housing Foundation assistance of $4,000 reduces the 1st mortgage to $131,903. 
    Estimated payment: $1,042/ month
    if you qualify for 30 year, fixed rate financing at 4.625% / 4.821% APR (www.bankrate.com – 9/10/2014) Different loan programs may require private mortgage insurance (PMI)
    Estimated Principal and Interest: $675 (amount may vary, based on First Mortgage Lender review)
    Estimated Taxes and Insurance: $367 (based on annual real estate tax estimate of $3,800 and approximate annual insurance of $600)

5141 Crescent Oaks Drive – East Side
Ranch home with open floor plan. Patio door opens to shady backyard. All new construction. Meets Energy Star and Green Built Home standards.

  • 1300 sq. ft. house, plus exposed basement with “exitable” window for future expansion of living space.
  • 3 bedrooms
  • 1 bath (plumbing stubbed into basement for 2nd bathroom)
  • 2-car attached garage
  • List price: $157,000.  Available 2nd mortgage of $22,950 reduces the 1st mortgage to $134,050 with an estimated PITI of $1,004 per month*.  $1,800 appliance or closing cost allowance provided for full-price offer.

6317 Driscoll Drive (East)
Sharp new home – Built to be affordable.  Special financing makes this dream come true!  Excellent floor plan with lower level set up to add family room and bathroom. Meets Energy Star and Green Built Home standards.

 

  • House – 1312 sq. ft.; Lot – 7,672 sq. ft.
  • Three bedrooms; walk-in closet in master bedroom
  • One Bath
  • Kitchen Pantry
  • Two-car attached garage.
  • Large backyard
  • Full basement with bathroom roughed-in
  • Visitable home.
  • List price: $168,500.  Available 2nd mortgage of $22,950  and additional assistance reduces the 1st mortgage to $137,550 with an estimated PITI of $1,105 per month*.  $1,800 appliance or closing cost allowance provided for full-price offer.

117 Rustic Drive (East)
Ranch home with vaulted ceiling over living room, dining room, kitchen. All new construction. Meets Energy Star and Green Built Home standards.

  • House – 1,320 sq. ft.; Lot – 6,848 sq. ft.
  • Three bedroom
  • One bath
  • Two-car attached garage
  • Partially exposed basement with egress windows Great potential for expanded living area. Plumbing stubbed in for basement bath.
  • List price: $173,000. Available 2nd mortgage of $21,675 reduces the 1st mortgage to $151,325 with an estimated PITI of $1,123 per month*. $1,800 appliance or closing cost allowance provided for full-price offer.

4717 Crescent Road – Madison (Southwest)
Beautifully updated and ready to move in! Attached Garage and private yard complete the package!  Designed to be affordable.  Special financing makes this Dream come true!  Finish the family room in the full basement and still have room for storage. Meets Green Built Home standards.

  • Duplex Condo, 750 sq. ft.; Lot – 7,500 sq. ft.
  • Two bedrooms
  • One bath.
  • One car garage.
  • Large, shady backyard. Backs up to Dunn’s Marsh.
  • List price: $94,000.  Available 2nd mortgage of $18,700 and 3rd mortgage of $10,000 and additional assistance reduces the 1st mortgage to $65,300. 
    Estimated payment: $569/ month
    if you qualify for 30 year, fixed rate financing at 4.625% / 4.821% APR (www.bankrate.com – 9/10/2014) Different loan programs may require private mortgage insurance (PMI)
    Estimated Principal and Interest: $331 (amount may vary, based on First Mortgage Lender review)
    Estimated Taxes and Insurance: $238 (based on annual real estate tax estimate of $2,250 and approximate annual insurance of $600)

2718 Myrtle Street
Cape Cod home under construction.  Target Completion Winter 2013.  Property currently being rehabbed to Green Built and Energy Star standards by Operation Fresh Start!  New kitchen and bath plus second bath added upstairs.  Fenced yard and garage.

  • House – 910 sq. ft.; lot size 5,055 sq. ft.
  • Three bedroom
  • One full bath, one half bath
  • Two-car detached garage
  • Full Basement
  • List price: $152,500.  Available 2nd mortgage of $22,759 and additional assistance reduces the 1st mortgage to $117,741 with an estimated PITI of $948 per month*.  $1,800 appliance or closing cost allowance provided for full-price offer.

809 Crestview Drive
Extreme makeover – a fabulous multilevel house in established east-side neighborhood! Target completion Winter 2013.  Sweet kitchen overlooks huge private backyard.  Property currently being rehabbed to Green Built and Energy Star standards by Operation Fresh Start!

  • House – 1,644 sq. ft.; lot size – 10,660 sq. ft.
  • Three bedroom
  • One full bath, one half bath
  • Two-car attached garage
  • Partial Basement, exposed, walkout
  • List price: $167,500.  Available 2nd mortgage of $21,421 and additional assistance reduces the 1st mortgage to $132,304 with an estimated PITI of $1,059 per month*.  $1,800 appliance or closing cost allowance provided for full-price offer.

1425 MacArthur Road
Newly construction by Operation Fresh Start!!  Cathedral ceiling in living and dining.  Full basement for future expansion, additional bedroom ad bath plus family room!  Being Green Built and will be Energy Star Certified.

  • House – 1,140 sq. ft.; lot size 8,044 sq. ft.
  • Three bedroom
  • One full bath
  • Attached garage
  • Full basement, exposed
  • List price: $164,500.  Available 2nd mortgage of $24,097 and Housing Foundation assistance of $4,000 reduces the 1st mortgage to $136,403. 
    Estimated payment: $1,078/ month
    if you qualify for 30 year, fixed rate financing at 4.625% / 4.821% APR (www.bankrate.com – 9/10/2014) Different loan programs may require private mortgage insurance (PMI)
    Estimated Principal and Interest: $701 (amount may vary, based on First Mortgage Lender review)
    Estimated Taxes and Insurance: $377 (based on annual real estate tax estimate of $3,920 and approximate annual insurance of $600)

1930 Shelley Ln
Stately Home on a tranquil lot, brought up to date with new kitchen and updated baths.  The gorgeous floors sweep you into this “Ready to Move In Home.”  The value is further enhanced by a special financing package to make this property even more affordable.

  • House – 1,480 sq. ft.
  • Three bedroom
  • One full and one half bath
  • 2 car detached garage
  • Full basement
  • List price: $148,900.  Available additional assistance of $30,759 reduces the 1st mortgage to $120,141 with an estimated PITI of $959 per month*.  $1,800 appliance or closing cost allowance provided for full-price offer.

To find out more about OFS homes, call Laurie Logan at 608-345-5577 or contact her by e-mail at laurie@sbcglobal.com.