Vacant Lot Available in the HISTORIC Goldsboro District. Currently zoned Residential. Both public water and sewer access plus electric and phone service in area as well. Zoning currently GC2 but taxes are assessed using DOR Use code so public records have it as residential to avoid commercial tax fees. According to City of Sanford the lot can be used for SFH but variance may be required for homes smaller than 700 SF and this may be case as lot dimensions 36x84. Lot is quite deep at 84' so could be perfect place to put a tiny home and still have lots of room to roam with 36' width. May even start a trend if the City of Sanford is on board as several smaller lots like this in the community. Who Knows! This lot actually had a home on it many moons ago that unfortunately burned down. Lincoln Court is not an actual road so that is why its not paved. It is an easement for the City of Sanford. There is deeded access for this lot only from 13th Street to Lot 19 (1222 Lincoln Court) as a driveway for ingress/egress (legal access) to the property directly behind Pat's Liquor, Leaf & Wine. No other lots on Lincoln easement have this advantage currently according to the City of Sanford. The City of Sanford is in the middle of huge development and this property lies in the heart of the Historic District. Located right off 17-92 so hop, skip and jump to Lake Monroe and Downtown Sanford with several bars, restaurants & shops. PLUS get to the Sanford International Airport in like 10 minutes. Close to major roadways like 417, 1-4, 46 and 429. Police & Fire Department nestled right in the neighborhood so you can feel extra safe. Lots of possibilities! More information and updates to follow. Take a drive by and check it out. Call, Email or Text any ???
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $28,000 | $28,000 | $28,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $186 | $186 | $236 |
Total Monthly Payment | $261 | $261 | $311 |
* 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.