860 Hartwood Rd, Fredericksburg, VA 22406
5 beds · 3 baths · 2,300 sqft
A majestic home set in the privacy of the country yet close enough to all major shopping, hospital, grocery, banking and more. NO HOA. Vast rear yard on a 1 ac lot. Flat lot with space to build additional outbuildings, RV/boat parking and gardens. Fully fenced rear yard with views of trees and neighbors pond. Front yard views are of pastures and forest area. Enter your estate through dual brick piers with post lights. Plenty of parking capability with extended driveway and side load 2+ car garage. The front lead walk extends to the covered front porch, perfect for sitting in the evenings and taking in the view of the neighboring empty pasture land. From the front porch enter to the foyer with ceramic tile and room for a greeting bench or table. The main floor powder room is just off of the foyer area. Also from the foyer you may enter the family room with newly installed skylights. The family room brick fireplace with brick floor to ceiling and raised brick hearth includes a pellet stove insert. If the pellet stove is removed the fireplace is wood burning. A ceiling fan is also located in this room. The dining room off of the family room has beautiful views of the rear yard through the extra large windows. From the formal dining room is the breakfast room with a sliding glass door leading to the deck and yard. From the breakfast room as well as the foyer you may enter to the kitchen. The kitchen includes 2 ceiling fans and has views from the kitchen sink to the lush rear yard. The kitchen has a single wall oven that the owners say is "the best pizza oven". The stove is electric and includes a range hood. The refrigerator includes an icemaker. A dishwasher is included in the appliance package. A food pantry is also part of the kitchen. This home has a mud room/laundry room off of the kitchen and the water heater, laundry sink, washer/dryer and 2nd coat closet are located here. A plus for this home is that it has a FIRST FLOOR BEDRROM which the owners are using as a den (note in the pictures). This is convenient for overnight guests who want privacy. Ascend to the upper level to the oversized hallway which is large enough for a desk/computer area. The primary bedroom has a skylight and two windows overlooking the front yard. The attached primary bath, also with a window, has dual sinks and a separate shower/commode area. Bedrooms 2,3 and 4 are all a good size and can accommodate a queen size bed. The upper hall bath also with dual sinks. CURRENT REPLACEMENTS: (2019) carpet, vinyl plank floors in 5th br, kit, mud rm, upstairs hall). (2020) 35'x12' wood deck w/stairs, 50 yr architectural shingles w/oversized gutters and downspouts, (2021) New skylights. (2023) New well pump and water tank. (2024) New siding, shutters, exterior light fixtures and soffits, new 20-guage steel custom front door, side lights, frame and storm door. A MUST SEE IF YOU WANT PRIVACY, A VAST CLEARED YARD WITH BOARDERING TREES, GORGEOUS VIEWS WITH PEACE AND QUIET IN A TRANQUAL SETTING.
Source: BRIGHT #VAST2039312
Source: BRIGHT #VAST2039312
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
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An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
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