Thursday, January 7, 2010

1162 Massapoag Rd, Lincolnton NC 28092

This may appear to be an ordinary bungalow, but it is anything but! A makeover can change a house! New electrical, plumbing, fresh paint, new bath & kitchen fixtures, new flooring, new appliances; The original wood floors have been brought back to their original luster. New windows and insulation make it a warm and cozy home. The living room features a fireplace that would perfect for gas logs! The original doors, floors and mouldings add to character and charm. 2br/1ba, large living rm and 897 sqft;The secret value to this home is in the land and location. The acre of land is a rare find, the South Fork River runs behind the property, so there won’t be any development there and you are close to the city, but you don’t have to pay city taxes. With a 100% Rural Housing loan, fixed rate at 5% (APR 5.33) for 30 years, your payments are $467 @ month. That includes your taxes and insurance. No surprises, that’s everything. If you haven’t owned a home in the last 3 years, you may qualify for the Home Buyer Tax Credit, for this house that would be $ 7250. That comes straight back to you from the IRS. That credit will make your house payment for 15 months! WOW! This home is a great buy at $72,500. To see more Photos or get more Janet Cox to see all my Lisitngs .

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