Tranquil tree lined . 65 acre oversized lot is home to a sprawling ranch style home built in 1954 with plenty of room for privacy and large gatherings. Lot platted as the original entrance to the Forest. There is plenty of room for an addition plus a pool. The original hardwood floors run throughout the formal areas and 4 of the 5 bedrooms. Cozy up with fireplaces in the Living Room and Den. The galley kitchen, equipt with propane cooking and double ovens, overlooks the sunroom and backyard. Pella sliding glass doors line the Sunroom offering nature watching from the comforts of home. The 5th bedroom is secluded with a private entrance making it perfect for a home office, adult child or in-law suite. A shed on the SE corner has served as a painters studio, kids hangout and potting house, just use your imagination. Irrigation is supplied by a 267' well. The home is a fixer upper; however, the roof was replaced in 2023, water heater in 2024, septic drain field in 2010 and plumbing 2005. Offer Instructions: 1) Buyer MUST tour the home prior to submitting an offer. 2) ALL offers must be presented on the FR BAR "AS IS" Real Estate Contract and include the Lead Base Paint Disclosure previously signed by the Seller, the Seller's Property Disclosure and verifiable proof of funds or pre-approval to be presented for consideration. 3) The pertinent information needed to complete the FR BAR "AS IS" contract can be found on the MLS in the Documents tab. 4) Our closing attorney is J. Riley Williams, PLC. This is not a point of negotiation. Thank you for your consideration. If you have any questions, I am available to answer them and can be reached by phone or email.
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $396,720 | $396,720 | $396,720 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $469 | $469 | $469 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,639 | $2,637 | $3,402 |
Total Monthly Payment | $3,183 | $3,181 | $3,946 |
* 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.