Auction Property. Lake Morton Historic Home Estate Auction! 10am, Sat. January 18th THE LIST PRICE IS THE STARTING BID FOR THE AUCTION!Historic 4 bedroom, 2 bath home just a few steps away from Lake Morton! This 1928 Dutch Tudor home features most of the original details including the wood floors! Within the 1, 831±sf living area you also have an office/bedroom that was originally a doctor’s office! The 14'x30’ front living room features the original brick fireplace with built-in cabinets on the sides. The dining room has a lovely chandelier that was brought to Lakeland from an older home in Miami. Upstairs there are 2 bedrooms, 1 bathroom as well as a kitchen & living room as well. There is a nice front porch and a screed back porch as well as the covered, drive-thru carport making the total under roof of 2, 279±sf. You also have 2 detached garages so one for the daily driver and the other for your toys! All this is located on 0. 24± acres within walking distance to restaurants, shopping and downtown Lakeland!Antique furniture & collectibles auctioned separately!$25, 000 deposit day of auction. 30 day closing. 10% Buyer's Premium added to the bid to create the contract purchase price.
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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 | $320,000 | $320,000 | $320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $108 | $108 | $108 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,156 | $2,127 | $2,699 |
Total Monthly Payment | $2,339 | $2,310 | $2,882 |
* 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.