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Charming Former Assisted Living Facility – Full of Character and Potential Step back in time with this historic 1890-built property, once a well-loved assisted living facility, now brimming with possibilities for its next chapter. Perfectly blending vintage charm with practical amenities, this spacious building offers a unique opportunity for residential, commercial, or community use. Property Highlights: Historic Appeal: Built in 1890, this structure retains its classic charm with architectural details that speak to its rich past. 6 Bathrooms: Ample facilities to support assisted living, community events, or conversion to a multi-unit dwelling. Accessibility: Includes a ramp for easy access, making it ideal for individuals with mobility needs. Inviting Front Porch: A welcoming space to relax, greet guests, or enjoy quiet moments. Spacious Backyard: Fully fenced for privacy and security—perfect for gardening, gatherings, or pets. Rustic Barn Board Accents: The community room features barn board detailing and a stunning vaulted ceiling, creating a warm, open atmosphere ideal for group activities or entertaining. Whether you're looking to restore its original purpose, repurpose it into a bed and breakfast, studio space, or something entirely new, this property offers incredible potential with a story waiting to continue.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
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 | 7.019% | 7.050% | 6.152% |
Monthly Tax Payment | $922 | $922 | $922 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,988 | $4,199 | $5,351 |
Total Monthly Payment | $5,002 | $5,213 | $6,365 |
* 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.