This agriculturally zoned property consisting of approximately 5. 8 acres and has of an active producing fernery consisting of leatherleaf and tree ferns. The strong construction of the fernery consists of cables that run above and below the saran shade cloth. Posts are placed close together with anchors alternating between the posts. The fernery is irrigated by a 471 Detroit Diesel with an 8" well permitted by SJRWM. There are 2 fuel tanks (1000 gallons and 285 gallons) with a filter connecting the two. The property has over 300 feet of paved road frontage on Lake George Rd. which leads to Lake George which is about 2 miles to the west. Lake George is the second largest lake in the state and the St. Johns River runs through Lake George - great for boating or fishing. There are several springs located off Lake George including Salt Springs and Juniper Springs. The additional acreage included in this original listing is under contract. The exact acreage will be determined after a survey is completed with a new legal description.
All information is deemed reliable but not guaranteed and should be independently verified.
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William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $160,000 | $160,000 | $160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,064 | $1,063 | $1,372 |
Total Monthly Payment | $1,139 | $1,138 | $1,447 |
* 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.