This spacious 4-bed, 2. 5-bath Colonial on 14 acres offers 3, 000 Sq. Ft. of living space, featuring a charming brick front entry farmer's porch. The primary entry is a double French door with screen doors for easy access. Enjoy newer hardwood floors in all living areas except the kitchen & baths, plus a spacious eat-in kitchen or dinning room. Get cozy in the living room with a corner fireplace . The attached 2-car garage enters through the mudroom/laundry room. Upstairs are four generously sized bedrooms, including a primary with a cedar-lined walk-in closet and view of the back land. The partially finished basement features mirrors, providing ample light for fitness, crafting, or hobbies, & includes a wood stove for an alternative heat source, perfect with the wooded acreage. Outdoor amenities include an inground pool, a deck with a screen house, and a fenced area accessible from the side door. The property offers cleared & wooded land for future projects or agricultural use in a residential-agricultural zone. Enjoy established apple & young fruit trees, private ATV trails and nearby Webster Lake public beaches & boat launch. The home is near Franklin’s Whitewater Park for kayaking, Veterans Memorial Park for hiking/skiing, and Highland Mountain Biking trails. The home is sold as is for ease of transaction; the seller would like to close in November - December.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,920 | $479,920 | $479,920 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $640 | $640 | $640 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,193 | $3,190 | $4,047 |
Total Monthly Payment | $3,925 | $3,922 | $4,779 |
* 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.