What a unique opportunity to own a piece of Anderson County history! This southern farmhouse is rich with rustic charm and timeless appeal, sitting proudly on a six-acre stretch of peaceful countryside in the Five Forks community. Built in the early 1900s, the home retains much of its original character like high ceilings, wide-plank pine hardwood floors, built in cabinetry, and original shiplap walls and ceilings. The grand foyer welcomes you home and leads to the formal living room, dining room, and the primary bedroom, all located on the main level. With a layout that reflects a simpler time, each room tells a story, with antique fixtures, ornate fireplaces and plenty of windows that give a glimpse of the past. The kitchen seamlessly blends modern convenience with old world charm including stainless steel appliances, walk in pantry, and ample counter space. Upstairs, the large bedrooms and full bath combine primitive features with contemporary comforts. With its classic Southern architecture, this stately home boasts both a wide, wrap-around porch complete with white columns and a screened porch perfect for taking in the picturesque surroundings. Beyond the main house you will find a charming 400 SF guest cottage that will comfortably accommodate friends and family or could easily lend itself to be a profitable Air BnB. The property also includes a detached 24x24 metal garage with two bay doors, a hay barn with weathered wood siding and three stables, a utility building, and a 20x40 workshop with lean to, providing perfect opportunity for farming, gardening, homesteading and housing your farm equipment, horses, and small livestock. Don’t miss your chance to fulfill your dream of owning a historic farmhouse, that is a piece of living history, preserving the craftsmanship and character exclusive to older homes and the spirit of generations past!
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $532,000 | $532,000 | $532,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $85 | $85 | $85 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,539 | $3,536 | $4,486 |
Total Monthly Payment | $3,716 | $3,713 | $4,663 |
* 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.