First time to market since 1934! WHAT?! This vintage farmhouse circa 1880 is loaded with original details and moldings. The absolutely splendid farmer's porch along w/side exterior stairway both at end of their useful life, in need of rebuilding. All systems appear to work however, house will benefit from cosmetic updating. 8'3" ceilings on main level make the rooms feel light and bright. Both pine and oak floorings found under w/w carpet. C/A! Dual fuel house: natural gas for hot water heater. Heat is FHA by oil. HVAC + 275 gal oil tank installed 2013. Electric stove w/gas line directly behind for future conversion. The sloping lot allows for a wicked nice walkout basement w/full sized door. With 7'5" ceiling and concrete floor, the super useful/visibly dry basement is a terrific surprise. 100amp CB, BUT 1 circuit of K&T is visible in bsmt (unknown if active). Older replacement windows. Quite a bit of exterior peeling paint. Seller has chosen to review offers at deadline Mon 12N.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Closet, Flooring - Wood | 12.2 x 10.4 | Second |
Bedroom 3 | Closet, Flooring - Wood | 11.6 x 8.8 | Second |
Dining Room | Flooring - Vinyl, Exterior Access | 12.2 x 5.8 | Main,First |
Kitchen | Flooring - Vinyl | 18.8 x 10.4 | Main,First |
Living Room | Flooring - Wall to Wall Carpet | 13.1 x 12.0 | Main,First |
Master Bedroom | Flooring - Wood | 11.8 x 9.8 | Second |
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NMLS Mortgage Loan Originator ID 1500191
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $360,000 | $360,000 | $360,000 |
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 | $438 | $438 | $438 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,425 | $2,393 | $3,036 |
Total Monthly Payment | $2,938 | $2,906 | $3,549 |
* 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.