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Experience luxury living from this extraordinary one-of-a-kind property which includes a primary residence, 3000 sq foot barn & one-bedroom legal apartment. Nestled on a flat 3+ acre corner lot in Hammertown Estates, this beautifully remodeled sprawling colonial offers an ideal setting for entertaining & multi-generational living. Work live and play here, you can have it all. The main residence is spacious & sprawling with a family room, living room, expansive great room, & formal dining room, perfect for hosting large gatherings. The dining & great rooms open to a wraparound covered porch. The family room flows seamlessly onto an IPE deck overlooking the landscaped yard, perfect for adding a pool. The chef's kitchen is a culinary dream, featuring a large island, granite countertops, & butler's pantry w/ wet bar. The first-floor primary bedroom boasts a new spa-like bath complete with radiant heat, soaking tub, & custom shower. Adding to its charm, is a two-level, 3000+/- square foot barn equipped with electric service & a pellet stove, perfect for a home business or car collection. A one-bedroom apartment w/ private entrance is ideal for tenants or guests. Additional amenities include 5 heating zones, central air, hardwood floors, new carpeting in upper bedrooms, main floor laundry, pergola w/ stone patio wired for hot tub, generator ready, gardens, invisible fence, cupola, surround sound & more. Relish the beauty of Monroe and make this amazing versatile property your own! There is currently a tenant (friend of sellers) occupying the rental apartment and can move out August 1st, 2025, or would be happy to continue to rent. The owners would prefer a closing sometime in August.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Remodeled,Ceiling Fan,Wall/Wall Carpet | 14.8 x 15.9 | Upper |
Bedroom 2 | Remodeled,Ceiling Fan,Wall/Wall Carpet | 11.6 x 18.7 | Upper |
Bedroom 3 | Remodeled,Ceiling Fan,Wall/Wall Carpet | 11.1 x 22.1 | Upper |
Bedroom 4 | Balcony/Deck,Full Bath | 11.1 x 11.5 | Upper |
Dining Room | Remodeled,Bay/Bow Window,Balcony/Deck,French Doors,Hardwood Floor | 20.3 x 15.1 | Main |
Eat-In Kitchen | Remodeled,Granite Counters,Wet Bar,Island,Hardwood Floor | 17.8 x 15.0 | Main |
Family Room | Remodeled,9 ft+ Ceilings,Balcony/Deck,Ceiling Fan,Sliders,Hardwood Floor | 14.4 x 30.8 | Main |
Great Room | Remodeled,Vaulted Ceiling,Balcony/Deck,Fireplace,French Doors,Hardwood Floor | 17.2 x 33.1 | Main |
Kitchen | Remodeled | 15.5 x 11.3 | Upper |
Living Room | Remodeled,Gas Log Fireplace,Hardwood Floor | 19.4 x 22.1 | Main |
Living Room | Combination Liv/Din Rm | 9.1 x 11.9 | Upper |
Primary Bedroom | Remodeled,Full Bath,Hardwood Floor | 21.0 x 15.2 | Main |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $840,000 | $840,000 | $840,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.739% | 6.309% |
Monthly Tax Payment | $1,369 | $1,369 | $1,369 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,836 | $5,379 | $7,145 |
Total Monthly Payment | $6,329 | $6,872 | $8,638 |
* 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.