Great rural location/neighbors. 78 acres that back up to nature preserve. Beautiful grandfather oaks and wildlife including cows, deer, wild turkey among others. House is situated on a fenced five acre plot with electric gate. Set back two tenths of a mile from road. House has two fireplaces. One is wood burning and the other is propane. Large screened porch (@ 8 x 20)is off the master bedroom accessed by recessed sliding glass doors. Surrounded by beautiful pastures that are fenced and cross fenced. Good access to Turnpike, I75 and CR 44. Easy drive to Orlando and Tampa. Neighboring towns include Bushnell, Inverness, Villages and Ocala. Property is zoned AG and has a greenbelt. Tax office estimates future annual taxes at approximately $3500. There are two wells on the property. One is a six inch well that can be utilized for agriculture endeavors. House includes a two car attached garage and a large screened wrap around porch (@ 57 x 10)with a wrap around of an additional 16 feet that contains a hot tub. Cooking capabilities including a propane hooded grill and wood burning grill. Three out door sheds. There is a wet bar/recreation room off living room. Can also be used as an additional bedroom. This is one of the prime properties and locations in Sumter County. PROPERTY CAN BE DIVIDED TO INCLUDE +/- 40 ACRES FOR A REDUCED PRICE.
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Our Executive Mortgage Banker:
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$1,800,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,440,000 | $1,440,000 | $1,440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.200% | 6.748% | 6.786% |
Monthly Tax Payment | $117 | $117 | $117 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,580 | $9,220 | $12,643 |
Total Monthly Payment | $9,822 | $9,462 | $12,885 |
* 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.