106 Fairwood Parkway, Morristown, VT, 05661 | $512,500

Consult with your lender to see how projected rental income can enhance your loan qualifications, or move your extended family right in to the separate apartment! Discover the charm of Fairwood Parkway and this village home featuring a separate apartment and detached two-car garage on a generous 0. 8acre lot. This property offers versatility and potential rental revenue. The full, unfinished basement with high ceilings is ready to be tailored to your needs. The separate apartment includes a fully equipped kitchen, full bathroom, and generous living space with a bedroom, ideal for guests or rental opportunities. Situated just a minute’s walk from public fields, trails, and forests, this home is adjacent to Peoples Academy property, offering easy access to Morristown schools. Enjoy nearby athletic fields, groomed for cross-country skiing in winter. Downtown Morristown, with its shops and breweries, is just ½ mile away. The home is less than a mile from Copley Hospital and offers a convenient 20-minute commute to Stowe or Montpelier.

Features

  • Rooms: 7
  • Bedrooms: 4
  • Baths: 2 full
  • Style: Ranch
  • Year Built: 1954
  • Garage: 2-car Garage
  • Heating: Hot Water,Multi Zone
  • Cooling: None
  • Basement: Concrete,Full,Stairs - Interior,Unfinished,Interior Access
  • Approx Sq. Feet: 2,310
  • Acreage: 0.8
  • Est. Taxes: $6,571
  • Lot Desc: Open,Sidewalks,Subdivision,Trail/Near Trail,Walking Trails
  • Elem. School: Morristown Elementary School
  • Middle School: Peoples Academy Middle Level
  • High School: Peoples Academy
  • School District: Lamoille South
  • MLS#: 5007643
  • Website: https://www.raveis.com
    /eprop/5007643/106fairwoodparkway_morristown_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/12/2024
Listing courtesy of KW Vermont-Stowe   Phone: 802-760-3100
Listing Agent: Grant Wieler

William Raveis Family of Services

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Customer Service

888.699.8876

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

106 Fairwood Parkway, Morristown, VT, 05661

$512,500

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $410,000 $410,000 $410,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.412%
Monthly Tax Payment $548 $548 $548
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,797 $2,725 $3,488
Total Monthly Payment $3,437 $3,365 $4,128

* 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.