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Nestled in the desirable Whitney Farms subdivision, this charming 4-bedroom, 2. 5-bath home offers timeless character and exceptional potential. Lovingly maintained and held in the same family for generations, the property sits on a beautiful, level lot that provides privacy and a peaceful setting. Inside, the home features a traditional layout with a spacious Living Room and Formal Dining Room, both with hardwood flooring preserved beneath the existing carpeting. The inviting Family Room includes a cozy fireplace and provides direct access to a large screened-in porch-perfect for relaxing or entertaining while enjoying the serene backyard. 4 large Bedrooms on the upper level, all with hardwood flooring and many closets & storage options throughout. The kitchen and bathrooms offer a great opportunity for updates, allowing the next owner to customize the home to their personal style while preserving its solid construction and classic appeal. The gorgeous property has specimen trees and extensive plantings and it's minutes to shopping, schools and highways. Monroe is known for its incredible outdoor recreation with Wolf Park, Great Hollow Lake, miles of walking trails, as well as Whitney Farms Golf Course right around the corner. With its well cared for history, private setting, and wonderful potential, this Whitney Farms property is a rare opportunity to create your dream home in this sought-after neighborhood!
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | Hardwood Floor | 11.1 x 12.1 | Upper |
| Bedroom 2 | Hardwood Floor | 12.1 x 15.3 | Upper |
| Bedroom 3 | Hardwood Floor | 12.1 x 12.1 | Upper |
| Dining Room | Wall/Wall Carpet,Hardwood Floor | 11.1 x 13.3 | Main |
| Family Room | Balcony/Deck,Fireplace,Sliders,Hardwood Floor | 14.3 x 18.6 | Main |
| Kitchen | Ceiling Fan,Eating Space,Vinyl Floor | 11.5 x 14.1 | Main |
| Living Room | Bay/Bow Window,Wall/Wall Carpet,Hardwood Floor | 12.4 x 21.7 | Main |
| Primary Bedroom | 9 ft+ Ceilings,Full Bath,Walk-In Closet,Hardwood Floor | 12.1 x 19.1 | Upper |
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Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $560,000 | $560,000 | $560,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.296% | 6.406% | 5.668% |
| Monthly Tax Payment | $982 | $982 | $982 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,268 | $3,448 | $4,539 |
| Total Monthly Payment | $4,342 | $4,522 | $5,613 |
* 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.