Featured New Construction Home in Joliet, IL - Lakewood Prairie
Disclosure: This home is listed exclusively with Anita Olsen with DR Horton | MLS #11743439
Priced at: $386,000
Special Interest Rates: 4.99% Fixed FHA | 5.50% Fixed Conventional*
4 bedrooms | 2.5 bathrooms
1,847 sq ft | 2-car garage | Full basement
Open floor plan with first floor primary suite
HOA: $50/mo
Lakewood Prairie Subdivision in Joliet, IL | Minooka Schools!
This beautiful new construction home is ready for immediate move-in! This Meridian 2-story floor plan in Joliet is perfect for any kind of family and comes equipped with:
- A 1, 2, and 10 year warranty
- Open concept first floor
- Designer Flagstone cabinetry
- Stainless steel appliances
- Generous sized primary suite with spacious walk-in closet & private en suite
- Ample amounts of storage
- 2nd floor laundry room
- Large backyard with room for a pool or patio
- Professional landscaping with fully sodded lot
This Meridian style floor plan is a beautiful mid-sized home coming in at 1,847 square feet and is zoned for Minooka Schools. It features a modern inspired open concept floor plan. This home includes a spacious family room, kitchen, and oversized primary 2nd floor primary suite. A beautiful set of switchback stairs leads you up to second floor where your 2nd story laundry room awaits. Your primary bedroom comes equipped with a private en suite including dual vanities, a separate water closet, and walk-in shower. You’ll enjoy oversized closets in all the remaining 3 bedrooms and the second floor full bathroom offers privacy between the vanity and bathroom.
The community includes:
- Minooka Schools, including an onsite Elementary School
- A Clubhouse
- A Swimming Pool
- A Tennis Court
- A Sand Volleyball Court
- A Playground
*4.99% Fixed FHA Mortgage | 3.5% down payment required | 5.927% APR
Based on a FHA 30-Year fixed rate mortgage with a sales price of $368,990, a loan amount of $362,307, up front mortgage insurance premium of 1.75%, and a monthly payment of $2,956. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance homeowners insurance and HOA. Rate also available for VA and USDA loan programs. BC #9513.
*5.50 Fixed Rate Conventional Mortgages | 5% down payment required | 5.917% APR
Based on a conventional Year fixed rate mortgage with a sales price of $368,990, and a loan amount of $350,541, and a monthly payment of $2,938. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance homeowners insurance and HOP SEC #9514.
*Special interest rate on select inventory homes that contract on or after 04/24/23 in Illinois or Gates of St. John East Community in Indiana and close on or before 06/30/23. Seller incentive available to pay the 0.875% Discount Point required for Government rate. To receive the Government interest rate, borrower is required to pay a 0.875% Discount Point The Discount point may be paid with seller financing incentive offered to the borrower, which will be presented on the Closing Disclosure as a seller's cost. Maximum contribution limits will apply.
