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Under contract-accepting backup offers. Welcome to the charming Shack on the Track! This delightful home, built in 1925, is just waiting for a new owner to fill it with love and laughter. Nestled on the last quaint dirt road in Historic Downtown Sanford, you'll find peace and quiet here, yet you're only a quick three-minute golf cart ride away from all the delightful restaurants and breweries that Sanford has to offer.
Since 2014, this sweet home has been lovingly updated with all the major upgrades you could wish for, including the roof, electrical system, plumbing, and a hot water heater. The beautiful wood floors run throughout the entire home, and you'll be charmed by the original, working wood windows that add so much character.
In 2021, a handy golf cart garage was added, giving you extra storage space for all your toys and treasures. This award-winning historic home is just the right size, and I'm sure you'll fall in love with it just as much as I have. Come and see for yourself, and let this lovely little house welcome you home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$289,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $231,920 | $231,920 | $231,920 |
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 | 7.191% | 7.042% | 6.160% |
Monthly Tax Payment | $159 | $159 | $159 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,524 | $1,524 | $1,941 |
Total Monthly Payment | $1,758 | $1,758 | $2,175 |
* 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.