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106 Fairwood Parkway, Morristown, VT, 05661 | $489,000
Consult with your lender to see how projected rental income can enhance your loan qualifications, or move your extended family right in to the separate apartment! Discover the charm of Fairwood Parkway and this village home featuring a separate apartment and detached two-car garage on a generous 0. 8acre lot. This property offers versatility and potential rental revenue. The full, unfinished basement with high ceilings is ready to be tailored to your needs. The separate apartment includes a fully equipped kitchen, full bathroom, and generous living space with a bedroom, ideal for guests or rental opportunities. Situated just a minute’s walk from public fields, trails, and forests, this home is adjacent to Peoples Academy property, offering easy access to Morristown schools. Enjoy nearby athletic fields, groomed for cross-country skiing in winter. Downtown Morristown, with its shops and breweries, is just ½ mile away. The home is less than a mile from Copley Hospital and offers a convenient 20-minute commute to Stowe or Montpelier.
Features
- Rooms: 7
- Bedrooms: 4
- Baths: 2 full
- Style: Ranch
- Year Built: 1954
- Garage: 2-car Garage
- Heating: Propane,Oil,Hot Water,Multi Zone
- Cooling: None
- Basement: Concrete,Full,Stairs - Interior,Unfinished,Interior Access
- Approx Sq. Feet: 2,310
- Acreage: 0.8
- Est. Taxes: $6,571
- Lot Desc: Open,Sidewalks,Subdivision,Trail/Near Trail,Walking Trails,In Town,Near Golf Course,Near Paths,Near Shopping,Near Skiing,Near Snowmobile Trails,Neighborhood,Near Public Transportatn,Near Hospital
- Elem. School: Morristown Elementary School
- Middle School: Peoples Academy Middle Level
- High School: Peoples Academy
- School District: Lamoille South
- MLS#: 5007643
- Website: https://www.raveis.com
/eprop/5007643/106fairwoodparkway_morristown_vt?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/22/2024Listing courtesy of KW Vermont-Stowe Phone: 802-760-3100
Listing Agent: Grant Wieler
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
106 Fairwood Parkway, Morristown, VT, 05661
$489,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Brian Skelly
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 | $391,200 | $391,200 | $391,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
| Monthly Tax Payment | $548 | $548 | $548 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,636 | $2,600 | $3,299 |
| Total Monthly Payment | $3,259 | $3,223 | $3,922 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484