Rutherfordton · Rutherfordton, NC
2231 US 221 Highway N
Rutherfordton, NC · 2,421 sqft
$205,000
Reduced from $225,000
- 4Beds
- 1Baths
- 2,421SqFt
- 1890Year
- 46Days on market
About this home
Historic Monteith Home circa 1890 National Historic Registry This is a classic beauty! Possible owner financing while you finish with 25K down. -5 minutes to Rutherfordton -50 minutes to Asheville -38 minutes to Morgantown -1 hour to Spartanburg Well or public water available at street. Gas furnace. Over 1 acre of flat land. Newly rewired with 200amp service. Extensive leveling and foundation work performed. Standing seam steel roof. New vapor barrier underneath. Two elegant chimneys with dual fireplaces in each. 12 foot ceilings and bead board throughout. I have and will continue to improve this home but would like to hand it off and move on to another project. This would make a great legacy home or much equity to gain for the self remodeler or flipper. The main projects ahead are fireplace masonry repairs, kitchen and bath remodels, interior wall covering removal and paint/restoration, exterior minor carpentry on porches and siding. Minor masonry repairs on stairs. Exterior painting.
Property details
- Beds
- 4
- Baths
- 1
- SqFt
- 2,421
- Lot
- —
- Year built
- 1890
- Type
- Single Family
- Days on market
- 46
- Heating
- Central, Propane
- Cooling
- N/A
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,508/ month
- Principal & interest
- $1,269
- Property tax (~1.05%)
- $179
- Homeowners insurance
- $59
- HOA dues
- —
Down payment
$10,250 down · $194,750 financed
Income to qualify (28% rule)
~$64,662 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.