Under contract-accepting backup offers. What a great opportunity! This property has MULTIPLE LIVING SPACES on almost 5 ACRES / LAKE FRONT with a DETACHED WORKSHOP! As an added bonus the property has multiple RV HOOK Up with 50 Amp/water/Sewer. Part of this property could be used as an INCOME PROPERTY with its 3 fully equipped living spaces or could be used for a large multi-family home. Pulling up to the property you first come to a 3 bedroom-2 bath, mobile home. Built in 1982 this home has 980 Sqft with its own address, well, septic and electrical meter. It's ready to be occupied. Separating this home from the main house is fenced in pasture. The main house has a total square footage of 2620 under roof with its own drive way and 2 full living, they both have their own entry and electrical meters. A covered breezeway connects the living spaces, and it has multiple storage closets and a laundry room with half bath. The main house also has an above-ground pool wrapped with decking with a shade awning, built in misters and a heated spa. The ground level living space has 2 entries, one under the breezeway and a 2nd one in the front of the home. This space is a 1 bedroom-1 bath apartment with a full kitchen, dinette area and living room. The upstairs living space is entered through the breezeway and has 2 bedrooms with 1 bath, a full kitchen, living room and a glassed in Florida room. On the back of the property is a detached workshop with a full bath. The workshop has a large concrete pad in front and a roll up garage door on the back. Above the shop is a storage area that stretches through the whole building. Behind the workshop is a 3-bay carport with the 2nd enclosed workshop. All this is sitting on the lake! You can take a tour today online or schedule one in person. A list of upgrades are included in the attachments, please request this list. Online walk-through link copy and paste in browser. https: //my. matterport. com/show/?m=WADuHuyRAn3&mls=1
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $560,000 | $560,000 | $560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $69 | $69 | $69 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,820 | $3,773 | $4,802 |
Total Monthly Payment | $3,981 | $3,934 | $4,963 |
* 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.