Se 159th Lane Lot #34, Summerfield, FL, 34491 | $534,000

Ready to build the home of your dreams? There is no other property like this. A beautiful tract of land ready for your new build plans. The backside of the property is partially fenced at the boundary lines. Nestled in a desired community 15. 07 acres of cleared land ready for you to choose where to build your custom-built home and/or barn. Don't miss out on this unique occasion to own a piece of land that's become a luxury in our area. The property is currently AG exempt. Additional parcels are currently available if more land is desired. Silverleaf Hills is a newly developed equestrian community made up of a total of 45 parcels with rolling hills, breath taking views and picturesque homesites. This picturesque motherland is known for its enchanting countryside. With peaceful lakes and creeks staggered through-out the community. Located within just a short drive from Ocala and The Villages - the amenities include underground utilities, paved streets, gated access, and deed restrictions. OWNER FINANCING AVAILABLE-15% DOWN, 9% INTEREST FOR 20 YEARS. Theres no time frame on new builds. If you're looking for an abundance of peace and tranquility you've hit the jackpot.

Features

  • Lot Size: 711 x 923
  • View: Trees/Woods
  • MLS#: OM689949
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/OM689949/se159thlanelot34_summerfield_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/23/2024 11:09:13 AM)
Listing courtesy of MAJESTIC OAKS REALTY   Phone: 352-274-6224

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888.699.8876

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052

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Our Insurance Division:

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Se 159th Lane Lot #34, Summerfield, FL, 34491

$534,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $427,200 $427,200 $427,200
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 $92 $92 $92
Initial Principal & Interest Pmt $2,842 $2,839 $3,663
Total Monthly Payment $2,934 $2,931 $3,755

* 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.