DONT LET THE POTENTIAL OF THIS DEVELOPMENT SITE PASS YOU BY. If you're interested in creating your own private recreational all season wonderland, hunting camp or club then this property is for you with an estimated 416 wooded acres, an opportunity for timber sales rolling hills or an off the grid hideaway. Originally owned by the RTC this estimated 416 acre development site comes complete with the previously approved designated tax lots. Area in yellow is the available property of which buyer or buyers agent to verify. Area left white are not included nor is Shawnee Lake and parcels in Pink. Just take a good look as to the number of potential homes that can be developed or develop your own resort or sportsman's club. Refer to multiple Parcel Id photo subject to verification, survey and Title Report. Buyer to order their own property survey. Buyer Broker/Attorney to verify all Title records. Owner will consider financing with 50% down. May consider subdivision. $3, 847/acre. Additional Information: SoilType: Unknown,
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,279,200 | $1,279,200 | $1,279,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,567 | $8,085 | $10,795 |
Total Monthly Payment | $7,692 | $8,210 | $10,920 |
* 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.