5601 Upper Cold River Road, Shrewsbury, VT, 05738 | $710,000

PRICE ADJUSTMENT North Shrewsbury, tranquil country setting on 10. 3 acres. Immaculate contemporary three-bedroom home with expansive work and storage spaces, perfect for an at-home business/studio/guest quarters. There is a spring fed pond, which is also great for skating in the winter, an outdoor half basketball court, distant views south toward Okemo Ski Area, and all within easy access to the VAST Trail network right from the property. The current owners built the house and have expanded, upgraded and meticulously maintained it over the years, pride of ownership shows. Enter through the mudroom, which also has access to the oversized two-car garage (with tractor bay behind), to a large eat-in kitchen with quartz countertops. The open dining room, and living room with fireplace, flow seamlessly and are unified by Brazilian hardwood floors and each open to the south facing deck. An office and half bath/laundry room round out the ground floor. Upstairs there is a large primary suite with ensuite bath, which includes a large walk-in shower. Two additional large bedrooms share a full bath on this level. The basement contains a family room, currently set up with a pool table, as well as a wood stove and wood storage. The basement level also contains extensive work areas, storage and a finished showroom. The primary heating for the house is wood (three cords annually), an oil FHA system serves the basement and workshop spaces.

Features

  • Rooms: 10
  • Bedrooms: 3
  • Baths: 1 full / 1 three-quarter / 1 half
  • Style: Contemporary
  • Year Built: 1985
  • Garage: 3-car Garage
  • Heating: Electric,Forced Air,In Floor,Stove - Wood
  • Cooling: None
  • Basement: Bulkhead,Concrete,Concrete Floor,Daylight,Finished,Full,Insulated,Stairs - Interior,Storage Space,Walkout,Interior Access,Exterior Access
  • Approx Sq. Feet: 4,396
  • Acreage: 10.3
  • Est. Taxes: $8,439
  • Lot Desc: Country Setting,Landscaped,Mountain View,Open,Pond,Trail/Near Trail,View,Wooded
  • Elem. School: Shrewsbury Mountain School
  • Middle School: Mill River Union High School
  • High School: Mill River Union High School
  • School District: Mill RIver USD 40
  • MLS#: 4971605
  • Website: https://www.raveis.com
    /prop/4971605/5601uppercoldriverroad_shrewsbury_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/8/2024
Listing courtesy of Josiah Allen Real Estate, Inc.   Phone: 802-867-5555
Listing Agent: Derryl Lang

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5601 Upper Cold River Road, Shrewsbury, VT, 05738

$710,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

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 $568,000 $568,000 $568,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.893% 7.171% 6.623%
Monthly Tax Payment $703 $703 $703
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,827 $3,775 $4,909
Total Monthly Payment $4,622 $4,570 $5,704

* 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.