If you thought you lost your chance at this one, think again! This gem is back is BACK ON THE MARKET due to no fault of its own. Go get lost…in the woods that is. Come see for yourself. Practically untouched 20 acres in the heart of central Sumter county. There is a homesite that was cleared near “the front” of the property, the west portion, but the rest is all wooded. Wildlife is ABUNDANT here. Electric is on-site and there is a working well also. There is a septic however the seller is pretty certain it would not be operable as-is. There is a an old 1980 doublewide mobile home that could serve a purpose but there was no real consideration of value given for it. Seller believes that the roof is leak free, but it is strongly recommended that a buyer perform their independent due diligence on all utilities and the soundness of the structure. If restored the mobile home does have a front porch and a solid back porch. We do not feel the home is liveable in it’s current condition. There is also a pole barn structure onsite toward “the back” or east side of the property. The metal on the roof has been damaged through the years but the bones are pretty good. Mostly high and dry there is a seasonal pond closer to the pole barn. You can tell that the area wildlife has been enjoying that drinking spot. Impact fees have already been paid. Down a windy, dirt road get that “middle of no where feel” but be just minutes from so much. Property can be split one time with its current zoning to create two 10 acre parcels. The east parcel would not benefit from the paid impact fees if divided and would need to have an easement for access granted by the west piece. That’s only if you choose to divide it. As-is we think the potential is great and we would love for you to come check it out. Conveniently located with easy access to The Florida Turnpike, Interstate 75, The Villages and more. Get to Tampa or Orlando in about an hour or to either coast in less than 2 hours. By appointment only but very easy to show. The gate is locked and there’s not much space to turn around with the gate closed so please make an appointment. No deed restrictions or HOA. Your dirt, your rules…. as long as it’s legal of course. Call today.
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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 | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.508% | 7.171% | 6.392% |
Monthly Tax Payment | $113 | $113 | $113 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,002 | $2,924 | $3,743 |
Total Monthly Payment | $3,207 | $3,129 | $3,948 |
* 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.