Discover the tranquil beauty of this stunning brick ranch, perfectly positioned on a spacious one acre lot. Featuring a huge covered front porch, this property invites you to enjoy outdoor living and scenic surroundings. Step inside to find a versatile flex space adorned with fresh flooring and paint—ideal for an office, playroom, or cozy family room. The main level boasts an open floor plan with nearly 2, 000 sq ft, highlighted by a wood burning fireplace and built-in bookshelf, making it the perfect place to unwind with a good book or sip your morning coffee during these chilly winter months. Gleaming hardwood floors enhance the great room, while stylish LVP flooring flows through the kitchen and dining area. The kitchen features white cabinetry, newer stainless steel appliances, and a butler's pantry. Descend into the expansive basement, offering almost 1, 300 sq ft of untapped potential. With a partial kitchen and ample room for additional bedrooms, this space could easily transform into an in-law suite. Plus, the lower-level garage provides the ideal setting for a workshop. The property is partially fenced and lined with privacy trees along the driveway, ensuring a sense of seclusion. Outdoor lovers will appreciate the oversized above-ground pool complemented by a large deck, perfect for summer fun. This home is priced well below market value, making it an incredible opportunity for investors seeking to build sweat equity or create an income-producing property in the desirable Blue Ridge area. The home is being sold AS-IS, presenting a blank canvas for new owners. Don’t miss out! Reach out to schedule your showing and get additional information.
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William Raveis Real Estate
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $220,000 | $220,000 | $220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $86 | $86 | $86 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,445 | $1,462 | $1,855 |
Total Monthly Payment | $1,606 | $1,623 | $2,016 |
* 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.