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Presented by![]() Zev Steinmetz |
Essex CT has been voted in numerous publications as one of the best small towns and Main Streets in America. Known to Essex locals as the historical "Bushnell Barn" Cerca 1861 and featured in historical homes books as well as the Christmas in CT books for it's decorative open house tours was renovated to residential in 1985. This property is only steps from Main St Essex and a boaters paradise too. This masterpiece home offers extreme post and beam construction capturing the eye in every direction. The kitchen was recognized nationally as an a award-winning "best small kitchen" in 2005 and the dining room has seated up to 16 people. The floor to ceiling fireplace chimney is spectacular and seamlessly joins wide wood floors, huge beams and bright new windows together to incredible heights. This home has two primary suites both with full bathroom access and one with a huge walk-in closet changing room and the other has a balcony. There is a fun lazy sleeper loft for lounging too. French doors open to a beautiful back patio area and the front yard is absolutely huge. Some upgrades in this three story home include, new Anderson windows installed 2023, new Central Air 2022, new EV charger 2024. A new reliable Vermont Castings Wood Stove. A Buderus boiler, double walled Roth oil tank and Hybrid cycle water heater are newer and easily within their life cycle span. Zoning for this property which is surrounded by multi million dollar homes allows for huge expansion possibilities. Zone change was 10% footprint, now 15% footprint up to 4000 sq ft whichever is less. Setbacks were 30ft all the way around, now 10ft on frontage lines, 12ft on side, and 15ft on rear lines. An additional 50% coverage now allowed for extras outside the footprint for a total of 65% of the lot including footprint. Consult with Essex Zoning for details. Current footprint is roughly 1320sqft and roughly an additional 2600 sq ft footprint can be added with additional floors going up to 35ft.
Type | Description | Dimensions | Level |
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Family Room | Beams,Entertainment Center,Tile Floor | 11.0 x 32.0 | Lower |
Formal Dining Room | Wood Stove,French Doors,Tile Floor | 8.0 x 28.0 | Lower |
Kitchen | Remodeled,Beams,Granite Counters,Country,Tile Floor | 10.0 x 10.0 | Lower |
Living Room | 2 Story Window(s),Cathedral Ceiling,Beams,Fireplace,French Doors,Wide Board Floor | 16.0 x 21.0 | Main |
Loft | Cathedral Ceiling,Beams,Interior Balcony,Wide Board Floor | 9.0 x 11.0 | Upper |
Office | Beams,Softwood Floor | Lower | |
Primary BR Suite | Beams,Bedroom Suite,Full Bath,Walk-In Closet | 12.0 x 15.0 | Main |
Primary BR Suite | Beams,Bedroom Suite,Full Bath,Interior Balcony | 13.0 x 15.0 | Upper |
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NMLS Mortgage Loan Originator ID 1017266
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $1,196,000 | $1,196,000 | $1,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.764% | 6.435% |
Monthly Tax Payment | $1,018 | $1,018 | $1,018 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,885 | $7,658 | $10,255 |
Total Monthly Payment | $8,028 | $8,801 | $11,398 |
* 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.