“High Prairie Acres” is an ideally located 5 acre tract located in the very front quarter of Golden Ranches one half mile from SR74, Bermont Road. Property had double road frontage with electric service along each road front. This property is in an absolute perfect location to enjoy the east county prairie life of privacy and quietude. Indications are the 5 acres has never been cleared or farmed except for range cattle most likely many decades ago. Private dirt/marl road access…roads are not county maintained but maintained by owners through owner’s cooperation as there is no property owners or HOA association. Power is on each road front, but solar and generator power is permitted. Septic & well are required and the property is not fenced or surveyed. The elevation is about 50-60 ft above sea level. There are no deed restrictions. The land is zoned Agriculture (AG) in Charlotte County and is native with scattered pines, a few oaks and palmetto. . . yet easy to develop for whatever rural plans you may have. History flourishes in east Charlotte Co. as these are the prairies of the Conquistadors, the artist Frederick Remington, cattleman Bones Mizell, & the treacherous Calusa Tribe of Ponce de Leon fame. Golden Ranches is a 2 sq. mile area of scattered small ranchettes & undeveloped parcels owned by mostly out of state property owners. Love nature? The sunrises & sunsets are most colorful and scenic…the night time view of the millions of stars along with the daytime summer storms exhibit colors and ideas which often never come to an artist in a dream. Access throughout the subdivision is via privately maintained roads with some ditching. Opportunity waits for those who like the outdoors, riding your ATV, motor bike or just walking-stalking around in the area depending upon the time of the year. The only limitations are prescribed by the AG zoning which permits all uses under the description including low density residential (1 home per parcel), conservation, agriculture, recreation & other uses consistent therewith. It is the purpose of the agricultural districts to provide areas for the establishment and/or continuation of agricultural operations with residential uses being permitted only at very low densities and to accommodate those individuals who understand and desire to live in an agricultural environment of quiet privacy.
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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 | $79,600 | $79,600 | $79,600 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $530 | $529 | $671 |
Total Monthly Payment | $605 | $604 | $746 |
* 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.