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781 Ballard Farm Road, Wells, VT, 05774 | $159,000
TIMBER FRAME CABIN RETREAT Here is a wonderful opportunity to own an affordable, rustic, off-grid retreat where the possibilities are limited only by one's imagination. This charming one bedroom beautifully crafted timber frame cabin is wired for a generator and equipped with a propane refrigerator & range as well as a pretty green enameled wood cook stove for heat and cooking. There is also a drilled well with both a hand pump and submersible pump which can be run with a generator. The +/-15 acre property is mostly wooded land and features a tranquil stream with a waterfall and some open pasture/meadow land with a selection of wild apple trees. Currently the cabin has an outhouse, but soils testing has been completed confirming a septic site offering the possibility for someone to make this a finished year round home. Located in Wells, Vermont, on a town maintained dead end gravel road, the secluded location offers serenity and privacy yet amenities in the village are just 3 miles away. You will find outdoor activities such as hiking, hunting, incredible mountain biking (slate valley trails) cross-country skiing, as well as access to nearby Lake Saint Catherine. Additionally, the property boasts a spacious barn with two stalls and second floor space/storage, making it ideal for a small-scale farming venture or use as a well-equipped workshop. School choice for grades 7 through 12. A special property with many possibilities and a great opportunity
Features
- Rooms: 3
- Bedrooms: 1
- Style: Cabin,Cottage/Camp
- Year Built: 1990
- Heating: Wood,Stove - Wood
- Cooling: None
- Basement: Crawl Space,Dirt,Unfinished
- Approx Sq. Feet: 720
- Acreage: 15
- Est. Taxes: $1,668
- Lot Desc: Country Setting,Farm - Horse/Animal,Field/Pasture,Rolling,Stream,Timber,Waterfall,Wooded,Mountain,Rural
- Elem. School: Wells Village School
- Middle School: Choice
- High School: Choice
- School District: Wells School District
- MLS#: 5022541
- Website: https://www.raveis.com
/prop/5022541/781ballardfarmroad_wells_vt?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/24/2024Listing courtesy of McChesney RE, Inc. Phone: 802-325-3100
Listing Agent: Scott Mcchesney
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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
781 Ballard Farm Road, Wells, VT, 05774
$159,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Brian Skelly
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $127,200 | $127,200 | $127,200 |
| 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 | $139 | $139 | $139 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $846 | $845 | $1,091 |
| Total Monthly Payment | $1,060 | $1,059 | $1,305 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484