Under contract-accepting backup offers. The real value is the 10 acres and the location. Most properties in this price range are 5 acres. Here's what makes this property VERY SPECIAL it can be split into two properties. We have a letter from the county to prove it. Keep the existing house on one side, build your new home on the other side and still have room for barn or shop. If you are looking to build, this a great place to reside until the new home is completed. Pass between The Villages of Fenney and DeSoto and hang a right. The property looks onto the wall of Fenney Village. I call it the chicken ranch, there are about 200 chickens roaming the property for egg production. It's a short golf cart ride for Villagers to pickup their farm fresh eggs. This is the perfect spot for the family that wants to homestead, raise a few goats, chickens and a garden – make egg money on the side. Also great for the self employed that needs a place close to The Villages. Park equipment or have a shop/warehouse. The property is high and dry with a small area that will hold water part of the year. It's a pretty property with large oaks and a slight roll that allows the house to sit higher giving a nice view. Partially cleared and partially wooded. The wooded part is lots of smaller trees that are easier to clear. Once cleared it would make a good horse property. . . equestrian estate. The property is very private, your neighbors are mostly cows with the exception of the North edge of the property which is a wall separating you from Fenney Village. You can not see the wall, it is blocked by the oak trees. It's an efficient 3 bedroom 2 bath house. The home is a bonus. Another bonus is a RV hookup on the southwest corner of the property, it is a private area away from the house. Compare properties, most are not this size, most can not be split, most are not high and dry and most do not have this convenient location. You are literally 6 minutes to Publix, restaurants and other shopping. You are 12 minutes from the new Middleton Village Center and Campus. Great for employees of The Villages that want to be close to Middleton. You have all the conveniences yet you are tucked away in a little country hideaway.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $311,992 | $311,992 | $311,992 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.508% | 7.171% | 6.392% |
Monthly Tax Payment | $95 | $95 | $95 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,128 | $2,074 | $2,654 |
Total Monthly Payment | $2,298 | $2,244 | $2,824 |
* 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.