Own a treasured piece of local history! This home is teeming with stories to tell about years past. Featured in the book Out to Greenville and Beyond by Raymond Beecher, this home is located on what was once 400 acres owned by the Powell family beginning in the late 1700s. Historic records show that it was deeded to Foster Powell in 1822, and is located at the Westerly end of the Honey Hollow gristmill dam built by Edward Powell. With property on both sides of the street, surrounded by ancient forests and water, the spillway is still intact across the street. (the seller has a bridge in the garage that can be reinstalled) The long-time current owners have made careful renovations over the years in order to maintain the historic charm. Wide plank flooring, built-ins, post and beam construction, wooded land, a flowing creek and pond, 3 bedrooms, 2 baths plus an office space. Ample parking in the circular driveway. It is now time for someone new to take on the stewardship role of this local gem!
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William Raveis Real Estate
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $359,200 | $359,200 | $359,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,420 | $2,387 | $3,029 |
Total Monthly Payment | $2,495 | $2,462 | $3,104 |
* 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.