LOCATION LOCATION LOCATION!!! FARMLAND PRESERVATION AREA!!! Arguably the Prettiest Iconic Representation of Farmlife in NW Ocala. This 3. 5+- acre property is simply "Magical" and almost impossible to duplicate. It currently has a nice Clean Manufactured Home that is tucked away up high in the rear of the property with no deferred maintenance. A very private setting that adjoins a large pasture in the rear. This home was solidly built with 2X6 Construction. Offering Front and Back Decks. The Home has an Open Floor plan, granite, crown molding, wood cabs, updated guest bath and Solid surface flooring. You will feel right at home as soon as you walk in. The Large Island Kitchen is open to the Dining room and Living room. The Split plan offers a generous Primary Suite and 2 other nice sized Bedrooms . One is currently used as a Den. There is a separate one bedroom RV that is being used as an AirBnB. It is tucked away and very private as well, overlooking the beautiful Landscaping and Wet Weather Creek. The Possibilities for this property are endless. Seller says the county will allow 2 more RV's if you like. Someone may want to move the Manufactered home and build a new Home. The location certainly warrants it. There are NO DEED RESTRICTIONS or HOME OWNERS ASSOCIATION. Zoned Agricultural and located in the protected "Farmland Preservation Area". 5 Minutes to the World Equestrian Center and out of the hustle and bustle. There are more Horses than Humans in a 5 mile radius. Publix is a 10 minute drive as well as Restaurants and Medical facilities. This comes furnished and ready for occupancy. The Property is zoned AE & X for Flood zone. The Primary residence is NOT in the Flood zone. There is a WET WEATHER CREEK and a SMALL POND that collects overflow. This has not been a problem for the current owners over the past 8 years and they have expressed they don't experience flood issues. Don't miss this one!! Make your appointment to see it 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 | $439,200 | $439,200 | $439,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $159 | $159 | $159 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,996 | $2,919 | $3,704 |
Total Monthly Payment | $3,247 | $3,170 | $3,955 |
* 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.