This Killingworth farmstead has been well-loved over the centuries! The antique, center chimney colonial circa 1790, was the home of Chauncy and Jerusha Parmelee. The versatile floor plan includes a legal second floor accessory apartment which adds the possibility of potential income or just comfortable accommodations for inlaws or guests. The ten room home features wide board chestnut flooring, three stone fireplaces, boxed-in corner posts, original interior doors with Norfolk latches and, of course, the charm and character of an antique home throughout. The current layout of the first floor features living room, formal dining room, a Gedney design galley kitchen, a breakfast room, sunken den/bedroom with wood stove and cathedral ceiling, a bedroom and full bath. The second floor accessory apartment layout features a living room, dining room, kitchen, bedroom, a full bath and laundry area. One can imagine the home used as a single family home with three/four bedrooms & possibly converting the 2nd floor kitchen into a large laundry room. The outbuildings include a barn used as a two car garage, the additional 26x26 historic post and beam barn-perfect for a hobbyist or housing animals (either your own or income producing boarders!), corn crib and small greenhouse/chicken coop/workshop building. Located close to the center of town and across the street from the town owned Parmelee Farm with community gardens, hiking and horseback riding trails, summertime concerts and events. As an income producing property, the accessory apartment could be rented for approximately $1500 per month with utilities included. Full board for a horse could be $750/month or a self-care boarder (animal owner providing the grain and hay) could pay $550/month. Killingworth zoning regulations would allow 3 horses (or large animals) on this 2 acre lot.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Vaulted Ceiling,Wood Stove,Laminate Floor | 9.0 x 17.0 | Main |
Bedroom 2 | Wide Board Floor | 13.0 x 13.0 | Upper |
Dining Room | Wide Board Floor | 9.0 x 10.0 | Upper |
Formal Dining Room | Fireplace,Wide Board Floor | 12.0 x 14.0 | Main |
Full Bath | Corian Counters,Tub w/Shower,Laminate Floor | 6.0 x 8.0 | Main |
Full Bath | Corian Counters,Tub w/Shower,Laminate Floor | 5.5 x 9.0 | Upper |
Kitchen | Corian Counters,Country,Galley,Laminate Floor | 8.0 x 14.0 | Main |
Kitchen | Double-Sink,Galley,Wide Board Floor | 8.0 x 9.0 | Upper |
Living Room | Book Shelves,Fireplace,Wide Board Floor | 9.0 x 24.0 | Main |
Living Room | Wide Board Floor | 10.0 x 11.0 | Upper |
Other | Breakfast Nook,Laminate Floor | 11.0 x 12.0 | Main |
Other | Laundry Hookup,Wide Board Floor | 4.0 x 9.0 | Upper |
Primary Bedroom | Fireplace,Wide Board Floor | 14.0 x 14.0 | Main |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $343,200 | $343,200 | $343,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $622 | $622 | $622 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,283 | $2,281 | $2,894 |
Total Monthly Payment | $2,980 | $2,978 | $3,591 |
* 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.