This 10 Acres was just approved as a "Buildable Lot" by Sumter County Planning and Zoning Office. Few land listings can claim such status! So you can build your house right away! Lot shape and location (outlined in blue) is depicted in listing photos, additional photos coming soon. Come enjoy this 10 Acre Ranchette offering a generous 432 Feet of Road Frontage, directly on CR 707. No Easement Access Hassle! On property underground SECO Electric Power Line makes getting setup with electrical service easy. Spectrum Fiber Optic line already underground at CR 707, allowing you to connect with super high speeds you might just forget you're in Unincorporated Sumter County.
This blessed land offers; rich soil, wonderful grassy fields, on property pond and wooded areas. Build your Home, grow your Food, bring your Horses, Cows or other Livestock and enjoy the beautiful South Sumter Nature. Or, simply purchase for investment appreciation. Property tax Agricultural Exemption eligible! No HOA! This 10 Acres is in process of land surveying and Lot Split to become itself a single lot, which will reflect in County Records at a later date, and at that time the Parcel ID# will be added to listing.
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Our Executive Mortgage Banker:
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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 | $351,200 | $351,200 | $351,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,337 | $2,334 | $3,011 |
Total Monthly Payment | $2,412 | $2,409 | $3,086 |
* 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.