Opportunity in so many ways is offered in this property that has remained in one family for decades. Now available is this 17. 98 acre parcel with over1, 600 feet of road frontage in a prime location. There is also an 1, 800 sf home on the property which is in need of updating cosmetically and mechanically and has a drilled well and newer septic system (a little rehab and ready for the market). The property is situated right across the street from Lakeview Golf Course which is currently undergoing many changes under new ownership. We played it just the other day and it was the best it's been in years. Great time to get on board with many uses available in this rural area. Please take a moment to view the attached zoning regulations to see the entire array of residential and commercial uses which are or could be enhanced as public sewer is available less than 500-feet from the property, on the low side. As we became involved with the opportunity to market this wonderful property a few that came to mind were RV/campground facilities, assisted living, agricultural, and of course residential subdivision. There are many others as well, take a look. As there are tenants in the home and neighbors close by please exercise courtesy if doing a drive by and all showings are by appointment only.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $520,000 | $520,000 | $520,000 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,460 | $3,456 | $4,385 |
Total Monthly Payment | $3,552 | $3,548 | $4,477 |
* 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.