821 Towne Hill Road, Montpelier, VT, 05602 | $950,000

An iconic and exceptional dream Home in Montpelier, Vermont. This 5 bedroom 3 and a half bath fully renovated mid-century modern home is a modern update on a timeless classic. This stunning and iconic Montpelier property has a horse farm next door, but still less than 5 minutes from Downtown. This mid-century modern home has been completely renovated over the last 4 years with no expense spared. The kitchen is a chef's dream, with stainless steel appliances, quartz countertops, a large island with a breakfast bar, a pantry, and plenty of cabinet and counter space. Fireplace. The primary suite is in the tower, a walk-in closet, and a spa like bathroom with a soaking tub, a steam shower, and a double vanity. The office is bright and spacious, with large windows where you will author the next great American novel about life in the 1950’s in modern America. The in-law suite is ADA accessible with two bedrooms, an accessible bathroom with roll in shower, a living room, a kitchen, and an entrance from the common mudroom for privacy. The two and a half car garage is heated and filled with light. The deck is a modern and sleek composite deck with cable stay railings, a six-person hot tub, and retractable awning. The heated pool is perfect for those sweltering summer days where lifetime memories are made. The treehouse is a fun and whimsical addition, with a ladder, a swing and a view of the property and the neighboring horse farm. This is as close to a new home as you can get.

Features

  • Rooms: 9
  • Bedrooms: 5
  • Baths: 3 full / 1 half
  • Style: Modern Architecture
  • Year Built: 1957
  • Garage: 2-car Garage
  • Heating: Oil,Baseboard,Hot Water
  • Cooling: None
  • Basement: Concrete,Partially Finished,Walkout
  • Approx Sq. Feet: 2,972
  • Acreage: 0.84
  • Est. Taxes: $14,325
  • Lot Desc: Country Setting
  • Elem. School: Union Elementary School
  • Middle School: Main Street Middle School
  • High School: Montpelier High School
  • School District: Montpelier School District
  • MLS#: 5001266
  • Website: https://www.raveis.com
    /eprop/5001266/821townehillroad_montpelier_vt?source=qrflyer
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Listing courtesy of Green Light Real Estate   Phone: 802-225-6425
Listing Agent: Kevin Casey

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

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821 Towne Hill Road, Montpelier, VT, 05602

$950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $760,000 $760,000 $760,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $1,194 $1,194 $1,194
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,315 $4,741 $6,362
Total Monthly Payment $5,601 $6,027 $7,648

* 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.