Nashville, TN
Save up to $5,998 when adding the Morning Room to your new home!! Hurry in - savings available only for the first 2 purchases! ‡
THE AREA
Located in the heart of Davidson County’s picturesque Bellevue area of Nashville, Avondale is where convenience and community feel combine. Zoned for Davidson County Schools, including Harpeth Valley Elementary. Avondale gives you easy access to I-40, and Briley Parkway. The location is ideal with being just 15 minutes from Down Town Nashville, Vanderbilt, Nashville West Shopping Center, Historic Natchez Trail, and of course world famous, Loveless Café.
THE COMMUNITY
Avondale Parks elegant array of new single-family homes feature an array of floor plans offering up to 5 bedrooms and up to 3 ½ baths, and optional finished basements in a variety of ranch and 2-story designs. Every home at Avondale Park Estates feature full brick, or craftsman style front exteriors, hardwood foyers, and G.E. Appliances. This ideal community features a future community swimming pool, pool cabana and play ground, as well as street lit sidewalks for nightly strolls. With gorgeous home sites, Avondale Park features an ideal location with elegant feel for value years to come.
FEATURES
- Limited Basement Homesites Available
- Every home is ENERGY STAR® Certified and third-party verified
- Nortiz® Tankless Water Heater
- 1, 2 & 10 Year Exclusive Fox Ridge Homes Transferable Warranty
- Homeowner’s Association with Protective Covenants
- 10 Month Home Review after your closing
- One Year Drywall Inspection of Your Home
*Community and Fox Ridge Features subject to change without notice
Directions:
From Downtown Nashville:
Take I-40 West, Go 18 miles, Take Exit for McCrory Lane (Exit #192)
Turn Left off Exit , Community entrance 1.4 miles up on Left
From Belle Meade and South Bellevue:
Take Highway 100 West past The Loveless Cafe
Right onto McCrory Lane, Travel 3 miles through stop sign
Community entrance on right
Model Home Address:
1028 Nunnery Lane
Nashville, TN 37221
For Use with GPS/Navigation:
8236 McCrory Lane
Nashville, TN
‡ This is a limited time offer and available only on new contracts when financing through NVR Mortgage. Please consult our sales representative for details.
Models Available
Starting from the Under $210's
Decorated Model
**Limited time only. Financing based on a 5/1 FHA ARM loan, with an interest rate of 2.25%, upfront mortgage insurance premium, an APR not to exceed 2.963%, and 5% down payment. Monthly payment assumes the base sales price of the community which includes principal, interest, estimated real estate taxes, insurance, up front mortgage insurance premium. Monthly payment does not include homeowner's association or condominium dues or assessments. The borrower is paying 0 discount point(s). A 1% origination fee is paid by the borrower. Mortgage insurance is included in these examples because the LTV is 95% which requires mortgage insurance. Criteria for loan program qualification and interest rates on loan programs will 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. The financing used in this example is based on a conforming loan product and applies only to loan amounts that are $417,000 or less. Loan amounts over $417,000 are subject to additional costs/pricing. Must also meet FHA county guidelines. Certain restrictions may apply. Rates effective 5/23/2013 and subject to change without notice. The note rate may increase or decrease 1% per year after the 60th month and every 12 months thereafter. Over the life of the loan, the note rate may increase a maximum of 5%. On the annual adjustment intervals, the rate will adjust to the weekly average yield of the United States Treasury Securities adjusted to a constant maturity of one year (index) plus 2.250% (margin). 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. Prices, offers and financing are subject to change without notice. See sales representative for details.
Product: 5/1 FHA ARM
Sales Price: $203,990
Interest Rate: 2.25%
Downpayment: 5%
Property Tax Rate: 0.852%
Tax Savings Rate: 28%
Origination Fee: 1%
Discount Points: -0.125%
Hazard Insurance: 0.22%
PMI: 1.3%
Up Front MI: 0%
Downpayment Estimate: $10,200
Loan amount: $194,776
Up front misc fees: $985
$379 (Principal)
+ $365 (Interest)
+ $145 (Property Tax Estimate)
+ $37 (Hazard Insurance Estimate)
+ $210 (PMI Estimate)
+ $00 (Condo Fees)
- $101 (1st Year Tax Savings Estimate)
-------------------
$1,137 : Estimated Monthly Payment
With tax savings:
- $101 (1st Year Tax Savings Estimate)
$1,036 : Estimated Monthly Payment