PAVED ROAD, with NO Flood Zone! Talk about location, just a few lots over from Highway 441. The previous owners stated the following improvements were done to the property: Fenced, well drilled (no details), and driveway/culvert on the NE 8th Terrace side of the property. Corner lot, needs to be cut and bush hogged to take out all the overgrown grass and weeds, but you will be able to see the fence, and also the culvert/driveway on the East side of the property as shown in one of the photos. These improvements should save you many thousands of dollars VS a lot with no improvement. A SURVEY was also done at the same time and is available to view, saving you even more $$. Zoning: RSF: Residential Single Family. No guarantees on any improvements existing or their quality, the current owner has never seen the property in person, only photos, buyer to verify details. Seller has several other lots available in the same area; ask for a list.
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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 | $30,396 | $30,396 | $30,396 |
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 | $202 | $202 | $256 |
Total Monthly Payment | $277 | $277 | $331 |
* 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.