Updated 3-4 Bedroom Ranch in one of the most beautiful sought after areas in Monroe, nestled in the private enclave of the Barn Hill community on a cul de sac. Award winning school system. This home boasts numerous possibilities for in-law suites, or recreation suites. Inside, gleaming hardwood floors flow throughout the main living spaces, creating a seamless transition between rooms. All new stainless steel kitchen appliances. Upgrades in 2020 include new roof, energy efficient windows, hot water heater, and covered front porch. Natural gas and city water. The primary bedroom has an en-suite bath. Large, flex space in both the lower level and above the garage. The lower level is partially finished and has a full bathroom with walk-out door for easy exit. Above the garage you will find a large open cathedral ceiling living room/recreation room, loft, kitchen, full bath, hardwood floors, and rooms for entertaining, or for in-law. The 2 car oversized heated garage is perfect for car enthusiasts, I-beam construction leaves garage wide open and can hold car lifts. The 1 acre level lot is private and has multiple out buildings for storage. This home has limitless opportunities! This is not a drive-by, this is a must see!
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Hardwood Floor | 10.0 x 12.0 | Main |
Bedroom 2 | Hardwood Floor | 11.0 x 11.0 | Main |
Dining Room | French Doors,Hardwood Floor | 9.0 x 12.4 | Main |
Kitchen | Breakfast Bar,Pantry,Hardwood Floor | 12.4 x 12.9 | Main |
Living Room | Bay/Bow Window,Hardwood Floor | 12.4 x 20.0 | Main |
Primary Bedroom | Partial Bath,Hardwood Floor | 11.4 x 16.0 | Main |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,920 | $479,920 | $479,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $862 | $862 | $862 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,153 | $3,153 | $4,018 |
Total Monthly Payment | $4,107 | $4,107 | $4,972 |
* 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.