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Built in 1890, this was previously a 9 room home with 5 bedrooms and 2, 204 square feet of living space with an attached barn/garage. The propertyhas been 'gutted' and is ready to be renovated from the studs or tear down and build new. The foundation needs some work but can be reused and you already have framing and siding to work with along with electrical service to the house. No information is known about the well and septic. There is a hole in the roof and a portion of the roof has caved in over the addition. The home has not been occupied in at least 17 years. There is a beautiful stream that runs along one side of the property. The 1. 1 acre property has a bucolic country setting about 1/3 mile to the Barber Pond and only one property away from 147 acres of state land. This is a beautiful setting and would be a wonderful location whether someone decides to renovate or tear down and build new. If you choose to tear it down, there is a lot of beautiful woodwork that can be salvaged. The property is in a flood zone. However, according to the map, it looks like the flood zone ends approximately 30 feet from the house. Maps can be wrong so any buyer should do their due diligence. Children living at this home would attend Pownal Elementary School and Mt. Anthony Middle and High Schools. *****DO NOT under any circumstance enter the house without a real estate agent present. You could fall through the floors!*****
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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 | $44,000 | $44,000 | $44,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.050% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $275 | $289 | $368 |
Total Monthly Payment | $350 | $364 | $443 |
* 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.