Welcome to Peaceful Pines, your cottage in the woods near the entrance to the Green Mountain National Forest. Charming two-bedroom cottage was transformed into a primary residence in 2012, lovingly maintained and updated over the years. Key updates include a completely rebuilt chimney and masonry work, a pellet stove, a wood stove, new T11 siding, a newer roof, and a private back deck with potential views of Glastonbury Mountain and beyond. The property also features an outdoor shower, a large shed, a drilled well, and a concrete block foundation. The lot offers plenty of space for outdoor activities and relaxation on +/- . 8 acres. Inside, the cozy living room is open to the kitchen and a large family room addition, providing a comfortable and inviting living space. Priced at $189, 000, this property is an excellent option for a starter home, vacation home, or for those looking to downsize to something affordable in Searsburg which enjoys the benefits of low taxes, no zoning, and full school choice. "Peaceful Pines" is conveniently located less than 10 minutes from Bennington, 10 minutes from downtown Wilmington, and 20 minutes from Mount Snow ski resort. Outdoor enthusiasts will appreciate the proximity to Somerset Reservoir, Harriman Reservoir, Deerfield River, excellent National Forest access, and Prospect Park Alpine Center. Embrace the serene lifestyle of Peaceful Pines and make this delightful cottage your home or home away from home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$189,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $151,200 | $151,200 | $151,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $160 | $160 | $160 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,031 | $1,005 | $1,286 |
Total Monthly Payment | $1,266 | $1,240 | $1,521 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.