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Make this 14 acres M. O. L. your homesite located in southern Sumter County, Florida, approximately 4. 5 miles from the Webster Flea Market and 20 miles west of Clermont. Or, subdivide it into 3 separate parcels. Lot 7 (Parcel T20B047) and Lot 8 (Parcel T20B048), Block 5 of Roberts Addition to Linden, each comprise about 2. 3 acres and both measure about 320 ft. by 324 ft. Parcels are partially fenced. The third un-plated Parcel T20-034 (Lot 9) comprises about 10 acres, measures about 320 ft. by 1, 340 ft. , Contains numerous large live oak trees and borders Giddon Lake to the south in the Richloam Wildlife Management Area. This pasture property is currently under a yearly cattle lease with an agricultural property tax exemption. Lot 7 is accessible from County Road 772C and an electric power line runs through it. Most of this property is located in Zone X flood zone. Prospective buyers must be represented by an agent.
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Our Executive Mortgage Banker:
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$450,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $360,000 | $360,000 | $360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,044 | $2,156 | $2,870 |
| Total Monthly Payment | $2,119 | $2,231 | $2,945 |
* 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.