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6% ASSUMABLE MORTGAGE. This beautiful 4 year old open layout home is located on a 4 house cul de sac that is part of forty acre Greenway Subdivision. There will be 20 houses on 10 of the acres and the other 30 acres are pasture, open space and woodlands. Ten of the houses have been built. Through the homeowners association you own a percentage interest in these 30 acres. The association fee is only $30.00 per month. There is a small barn owned by the homeowners association. The property looks out on a beautiful pastoral view of the Blue Ridge Mountains. Horses are allowed and I have 2 for sale in the pasture now. The garage has an office(12x12) in the rear and an unfinished room upstairs (22x14). There is a stream behind your house. There is a screened in back porch and a covered front porch. There is a side deck. The property is located about 5 miles from beautiful historic Lexington which has 2 colleges. There is an awe inspiring view on the way to town. The house is equipped with gas heat pump, stove, refrigerator, dishwasher, microwave, washer and dryer and jaccuzzi tub. There is a fenced in yard. The area is a nice mixture of beautiful farms and upscale subdivisions. There is an assumable 6 % VA mortgage in the amount of about $275,000on the property. P&I is $1703.17. You do not need to be a veteran to assume it. Sellers would consider taking back a second mortagage for the difference in the selling price and the VA mortgage. Seller would consider a lease option.
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