LOCATION LOCATION LOCATION ! This 3 Bedroom 2 Bath Split Plan Home is on one of Morristons Prettiest Roads (paved) and is Located in the Farmland Preservation Area of Marion County. You will find mostly larger Horse and Cattle Farms as neighbors in this quiet place to call home OR creat some income using it as an AirBnb it as the current owner does. The Home is nestled on the Front of the 28+- Acres. Leaving room for all your farming needs. The Generator assures you will never be without power. A back covered Lanai is glassed in and overlooks the gorgeous Rolling Pasture. . . . . . . . . a perfect place for relaxing or entertaining. The kitchen features a pantry and pass thru to the back Porch. The Generous Master Suite offers a Walk In Closet and updated Shower. LVP Flooring thruout, no carpet. There are No Deed Restrictions or Home Owners association . Have your animals , Grow your Garden. Live the Lifestyle you deserve. Century Link internet currenty services the property with quick speed. Star Link internet is available as well. Morriston is a sister city to Ocala without the Traffic and Hustle and Bustle. Shopping , Dining, Banks and feed stores are just 10 minutes away in the town of Williston OR Ocala is a mere 20 minutes away. Ocalas newest Destination Point " The World Equestrian Center" is 20 minutes away, featuring Expos, Horse, Dog Shows, Home Shows, Concerts, Shopping, Dining and a Luxury Hotel . There are activities to keep you amused year round. Like Horse back Trail Riding, Kayaking, Swimming , Fishing, Cave Diving? All these activities are within 30 minutes. This is the Honey Pot of Florida. Come see while it is available. Wanting more acreage OR a Family compound?. . . There is an additional 23+Acres contiguous to this farm for sale as well with a 3/2 Home on it. See MLS ID # OM670429 (10891 NW 160th Ave. Morriston, Fl. )
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William Raveis Mortgage, LLC
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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 | $1,199,200 | $1,199,200 | $1,199,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.903% | 7.014% | 7.041% |
Monthly Tax Payment | $248 | $248 | $248 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,181 | $7,878 | $10,695 |
Total Monthly Payment | $8,554 | $8,251 | $11,068 |
* 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.