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RARE CHANCE TO OWN A SPRAWLING 3700+ sf RANCH on . 58 ACRES in the highly desirable neighborhood of Pierce Acres. This property was designed and built by H. P. Hammond in 1964 & architect Paul Smith & builder John Owens added a "Frank Lloyd Wright" style addition to the home in 1975. This addition is stunning and adds so much character to the home. With tons of natural light, this room is currently used as the great room & seamlessly flows into the breakfast room & then onto the kitchen. This 4 bedroom 3 bath brick home is conveniently located near restaurants, shopping and District 7 schools. The homes interior features include an all new kitchen renovation with quartz counter tops and new flooring, a huge walk in laundry just off the kitchen w/ a door that goes out to the back yard, vaulted, breakfast area & great room, spacious living room, master on main and 2 more bedrooms with a jack n' jill style updated shower. The master bedroom is on the main floor and has its own bath. The lower level has a huge recreation room with wet bar and there is also another bedroom & bathroom downstairs and can easily be made into a second living quarters. The exterior of the home boasts of a large private yard, level in the front and slight slope in the back, a NEW composite deck and modern handrails on both sides of the addition were just added not long ago, a large attached 2 car carport, country front porch & even an unfinished storage/ workshop space with power can be found under the newer addition. There is NO HOA in this established neighborhood and everyone does an excellent job with maintaining their yards. The Mid-Modern Addition is a must see and adds style and charm to this already gorgeous home. Opportunities to own a home like this don’t come along every day! Schedule your appointment today!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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Loan Amount | $380,000 | $380,000 | $380,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $206 | $206 | $206 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,402 | $2,496 | $3,181 |
Total Monthly Payment | $2,683 | $2,777 | $3,462 |
* 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.