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A Portion of the Property previously part of the Former Gulf Spring House land holdings, this 82+/- Acre wooded hillside still hosts at least one of the several mineral springs that attracted tourists from afar in the 1880's. Offering great privacy, hunting (bear, deer, and occasional moose) and other recreational endeavors. Second branch of the White River cascades through property along Route 14. Forest is being managed to insure wildlife and healthy trees with a plan approved by the County forester. Some wetlands on the south end of ravine, that has been home to beaver and blue heron. Enrolled in Current Use Forest Management Plan for property tax savings (Property taxes are only $218. this year!). A permit would be needed before any structure requiring a connection to a potable water supply or wastewater system could be constructed per WW-5-7922. Former Gulf House on 10+/- acres was sold off in 2019, ref: Book 174 page 186-6. Land was logged in 2018+/- per Management Plan. Property being sold as an enrolled parcel. Buyer would need to submit paperwork to continue enrollment in program or face a penalty. State engineer indicated a bridge would have to be about 24' long to span the high water width of the stream. There is a permit required to building a bridge, but it is "relatively simple". A curb cut permit would also need to be obtained from the State.
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William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $60,000 | $60,000 | $60,000 |
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 | 7.841% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $399 | $399 | $514 |
Total Monthly Payment | $474 | $474 | $589 |
* 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.