This lovely 3 bedroom, 3 bathroom Antique home has been lovingly and affectionately rehabbed and rebuilt, and sits on the banks of the Blackwater River nearing the end of West Salisbury Road. This home is super insulated and has triple glazed windows to keep the heat in for our cooler seasons and is very efficient! The peaceful melody of the river is heard throughout all of the seasons nature and beauty abounds here. The area is beautifully rural and this property abuts Army Corp of Engineers property. The yard spans both sides of the road with the river on one side and a beautiful field on the other, that can be used for planting, animals or both. Fruit bearing trees, peaches, pears, apples and grapes and a tool shed for all your farming/yard tools are here. The front yard is home to a healthy American Elm 100-200 years old and many mature Maple and Oak trees, the house in appearance exudes pride that has historically withstood the hands of time. This home has been updated and rebuilt to appreciate its antique nature and offers almost 2500 finished square feet, with 1600 additional square feet in the Ell of the home that can be completed for a business, workshop, or additional living space. The third floor also has two additional rooms almost complete. The barn has two garage spaces, a second floor and a large room under with access under the Ell. There are delayed showings until the open house, Saturday, 11-16 from 10AM - 2PM. Sunday 11-17, 10AM - 2PM. Please stop by!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $704,000 | $704,000 | $704,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $101 | $101 | $101 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,942 | $4,278 | $5,799 |
Total Monthly Payment | $4,135 | $4,471 | $5,992 |
* 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.