AMAZING NEW PRICE for MAIN STREET USA! This parcel is priced to sell and incredibly affordable to build your dream business here on Main Street. This terrific lot is waiting for your vision…already zoned general commercial in the county’s future land use maps, this lot is nestled between a gas/convenience store and industrial warehouse. Boasting almost an acre (0. 918) with a wide 199 foot of main street frontage and an already built curb out. Located in Washington County and within the city limits of Vernon, this charming small-town spot is minutes from quaint downtown Vernon, with the post office, shops and restaurants available. Also, this property is only about 1+/- hour from Panama City Beach and Dothan, Georgia. Vernon is home to lovely freshwater springs- Holmes Creek/Cypress Springs-, which is a destination for paddleboarders, kayakers and canoers alike. The city of Vernon is named for George Washington's Virginia home, Mount Vernon & the pioneer town was the site of a major Indian settlement.
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Our Executive Mortgage Banker:
Our Insurance Division:
$159,000
William Raveis Real Estate
Phone: 888.699.8876
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 | $127,200 | $127,200 | $127,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $836 | $845 | $1,073 |
Total Monthly Payment | $911 | $920 | $1,148 |
* 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.