This property sits at the edge of Gray Court Near Ftn Inn. Great freeway access. 10 Acres can be subdivided into 3 lots for a family or used as a big parcel. Potential for further subdividing working on with surveyor and county. New communities all around. Front Parcel is available for sale which would be the access to this year acreage. Other lots could also be available. Lot sits at back of 1207 Mt Carmel so need an appt to view. Currently 1209 Mt Carmel is accessed through an easement that runs across 1207 and the lot to the right. Public water is available, only needs septic. Power is already on site. A Mobile home (not de-titled sits on the front edge of the lot and will not convey w/the property). Owner in process of surveying it off the 10. 99 so a net of 10 acres will be sold.
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William Raveis Mortgage, LLC
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Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $127,920 | $127,920 | $127,920 |
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 | $851 | $850 | $1,079 |
Total Monthly Payment | $926 | $925 | $1,154 |
* 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.