MAKE THIS YOUR DREAM HOME!! This is the perfect size with a great floorplan and ideal lot with huge back yard. This will take some renovating as there was extensive water damage due to a burst pipe. All of the flooring including subflooring has already been removed and new subflooring installed. There is some minor sheetrocking on the main level and more extensive work waiting on the lower level. This will be worth the time and elbow grease as the lower level has 3 rooms including the half bath/ laundrey, an office and the family room that has a fireplace and sliders walking out to the yard. There is a new washer and dryer waiting to be installed. The home is already vinyl sided with thermopane windows. The upper level has vaulted ceilings with beams and sliders accessing a screened porch from which to enjoy the private setting and yard. This was a wonderful home before the damage and with the demo work completed it is a blank canvas to add your tasteful renovations. When completed it will be worth more than your investments. It is in a neighborhood where similar sized ransed ranches are selling welll into the mid to upper $500s.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | 10.6 x 12.0 | Main | |
Bedroom 2 | 10.0 x 11.0 | Main | |
Dining Room | Vaulted Ceiling,Beams,Sliders | 10.8 x 11.0 | Main |
Family Room | Fireplace,Sliders | 15.0 x 19.0 | Lower |
Kitchen | Vaulted Ceiling,Beams | 10.0 x 10.0 | Main |
Living Room | Vaulted Ceiling,Beams,Ceiling Fan | 14.8 x 19.0 | Main |
Office | 15.0 x 9.6 | Lower | |
Primary Bedroom | Half Bath | 10.3 x 14.0 | Main |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $352,000 | $352,000 | $352,000 |
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 | $565 | $565 | $565 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,342 | $2,340 | $3,018 |
Total Monthly Payment | $2,982 | $2,980 | $3,658 |
* 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.