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Looking for acreage for farming or pastures for horses or cattle, look no further. How about 20 acres, zoned agriculture (A-10). and located on a paved road just a bit out of town. Bonus for you, there is already a 3 bedroom 2 bath 2010 mobile home that has a metal roof and a brand new this week, central air and heat. This home is spacious and offers split bedrooms. The kitchen has appliances and a breakfast bar big enough for 6 to 8 chairs. There is also a nice size dining area for formal seating. The primary bedroom has a seating area and the large En Suite bathroom features a separate tub and also a walk in shower. Approximately 1200 sq ft of living area and a bit over 2000sq ft that includes a rear screened in porch and a front open deck . Formally a producing blueberry farm, this 20 acres offers several out buildings including a greenhouse area and a huge open pole barn open barn as well as smaller sheds. There is a good sized pond on this property as well. In other words, this place is ready for you to live and farm or raise your cattle or your horses, already equipped with shelter and a pond. This 20 acre property offers a possibility of being able to build your custom home home, ( Buyer must confirm any building with DeSoto County Building and Zoning). Make your appointment to visit this property. Any furniture in home will be removed prior to closing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$695,000
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 |
|
|---|---|---|---|
| Loan Amount | $556,000 | $556,000 | $556,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.292% | 5.628% |
| Monthly Tax Payment | $382 | $382 | $382 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,157 | $3,378 | $4,506 |
| Total Monthly Payment | $3,631 | $3,852 | $4,980 |
* 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.