Auction Property. Welcome to an exceptional investment opportunity! This ranch-style home on approximately 2. 41 acres offers ample space and potential. Featuring two bedrooms and two bathrooms, this charming residence has central air conditioning, ensuring comfort year-round. Whether you are an investor looking to flip or rent out or seeking a primary residence with plenty of room to expand, this property is perfect. With its spacious lot and serene surroundings, this home presents a fantastic canvas for customization and enhancement in a peaceful setting. Milton is a delightful community with recreational activities, shopping destinations, entertainment options, and dining experiences. Nature enthusiasts will love exploring the Blackwater River State Forest, which offers hiking, kayaking, and camping amid scenic landscapes. The historic downtown area of Milton features charming shops and local boutiques, perfect for leisurely shopping. For entertainment, residents can enjoy cultural events and performances at the Imogene Theatre. A variety of dining options, from southern comfort food at local
diners to fresh seafood at waterfront restaurants. Embrace Milton's vibrant lifestyle and natural beauty while making this property your own. **All potential Buyers are requested to check with the City, County, Zoning, Tax, Schools, and other records to determine all details on this property listed above to their satisfaction. The Buyer is responsible for performing their due diligence before bidding, as the high bidder will receive an "AS-IS" contract with no contingencies, inspections, or warranties. **
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Our Executive Mortgage Banker:
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William Raveis Real Estate
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Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
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 | $53,440 | $53,440 | $53,440 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $53 | $53 | $53 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $356 | $355 | $451 |
Total Monthly Payment | $484 | $483 | $579 |
* 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.