PRICE REDUCED BY 55K! READY FOR MOVE-IN! Nestled in a serene rural area, the property is surrounded by mature pine, oak, and palm trees, providing a tranquil and picturesque setting. This property offers the unique purchase of two lots, each consisting of 1. 25 acres, totaling 2. 5 acres of land. The property includes a four-bedroom, two-bath structure composed of a single-wide mobile home with an additional expansion (completed in 2021). Together, the mobile home and the addition form a cohesive living space with a wonderful wraparound porch, featuring a metal roof and beautiful exposed natural wood beams. The large primary suite, located on the entire second level, offers privacy with its own full bathroom and high ceiling. The remaining bedrooms, living room, dining room, kitchen, and laundry room are all situated on the main level. The 2021 addition boasts a robust structure and design, framed with stucco mesh and plywood, ensuring durability as it contains no sheetrock—only strong materials. There is also additional space for you to sit out on the porch during those cooler months, enjoying the fresh air and space to unwind in a hammock or entertain, set up a TV to watch your favorite events. The kitchen is appointed with a stainless steel countertop and custom wood tops for your meal preparations and also boasts a large dining room. The property features an outdoor kitchen with the plumbing of cold water, a horse stable, and two reserve well tanks for furnishing 120-gallons of backup water to ensure supply. There is an exterior 20 amp outlet for generator hookup, adding further convenience. Included with the home is a 75-gallon lighted aquarium. Additional storage is available in a storage room with a basement, approximately 7' x 11' which houses a sump pump if needed. There is a 220V outlet in the dining room and upstairs bedroom and the Carport/shed also houses 220v power for heavy equipment or tools. This property presents significant potential with its dual-lot setup. The second lot offers the opportunity to place another mobile home for rental income or to accommodate a family member nearby. Alternatively, the expansive acreage is perfect for those with farm animals, allowing you to utilize both lots for agricultural purposes. The newer addition, which is not permanently attached to the mobile home, allows for flexibility in future modifications. The multiple options of this property allows for both personal enjoyment and investment opportunities, providing a versatile space to grow or generate income. With 2. 5 acres of space, there is ample room to cultivate a garden or grow fruit trees, enhancing the property's appeal for those who enjoy outdoor activities and self-sustainability. This is a CASH or hard money purchase only. Property is in close proximity to the Natural Springs in Dunnellon of the beautiful Rainbow River where many people from around the world come to fish, paddle, snorkel, scuba or tube on the crystal clear river. Historic Downtown Dunnellon with quaint museums, shops, and restaurants. Home of the Two Rivers Music Festival during the Autumn. Take a 45 minute drive to the world-renowned Ocala Equestrian Center and the natural beauty of Silver Springs. This prime location combines the tranquility of rural living with convenient access to recreational activities and attractions. Taxes for 2023 1 Lot $488 and 2nd Lot $155 - Surveys available - reach out to your Realtor. Better Yet, Schedule an appointment 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 | $156,000 | $156,000 | $156,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $41 | $41 | $41 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,077 | $1,051 | $1,327 |
Total Monthly Payment | $1,193 | $1,167 | $1,443 |
* 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.