Presented byAnnie Dillon - The Annie Dillon Team |
Situated on nearly an acre in the Historic District of Old Wethersfield, this 3268 sq ft Victorian Italianate multi-family 1880 built home has classic architectural charm with its wood siding, overhanging eaves, new fascia boards and beautifully detailed brackets. The home is graced with spacious interiors featuring high ceilings, tall windows, and oak wood floors throughout. On the first floor, a welcoming living room leads to three well-appointed bedrooms. The large country-style, eat-in kitchen has pine cabinets, while an adjacent addition was designed as a sitting room and bedroom, with a half bath and wood stove, offers extra living space with separate heating, enhancing the home's versatility. The second floor mirrors the first with a living room, three bedrooms, a kitchen, and a full bathroom, which presents an opportunity for customization and renovation. A 1950's rebar concrete 20'x40' swimming pool, requiring some restoration, adds to the property's appeal. Outdoor spaces include an open porch off the kitchen and another off the living room, perfect for enjoying the surroundings. The property also features a two-car detached garage and ample parking on a gravel driveway. Recent updates include 2023 architectural shingles replacements on both the house and garage roofs. The property is equipped with separate electric meters and is metered for CNG service, offering flexibility for heating options. Electric heat is in the kitchen, addition, and basement under the addition, while the rest of the house is set up for oil heat. Original 2 over 2 wood windows add to the home's historic charm. The upper deck requires structural attention, providing an opportunity for enhancement. Located within walking distance to Main Street shops, Mikey's Place in Standish Park, Hanmer School, and the Wethersfield Cove & Yacht Club, this property offers a unique opportunity to restore a historic gem. Built by Woodhouse. 24'x32' addition to existing building was completed in Nov. 1965.
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NMLS Mortgage Loan Originator ID 1014636
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $380,000 | $380,000 | $380,000 |
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 | $786 | $786 | $786 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,528 | $2,526 | $3,258 |
Total Monthly Payment | $3,389 | $3,387 | $4,119 |
* 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.