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LOCATION, LOCATION! Property can qualify for NO Money Down Financing. This charming country true Log Cabin Home is situated on 5 Acres in the Tomoka Farms area, with the front 2. 5 Acres being cleared pasture and mowable. The property is fenced with a pond in the uncleared area. It is so private and simply picturesque! This private countryside retreat is just minutes away from the Port Orange Pavilion, Shopping, Schools, I-95, I-4, and both Daytona and New Smyrna Beaches. The primary residence is an updated log cabin full of character, constructed with large, rough-cut cedar wood logs. Relax and enjoy the country lifestyle on the covered Front Porch. Enter the home into a huge Open Concept Great Room and Kitchen combination floor plan featuring large windows and two sets of double sliding doors that flood the living space with natural light, bringing the outside indoors. This area has a raised Cathedral Ceiling with a center Wooden Beam sporting a New Propeller Blade Ceiling Fan. Delight in the warmth from the free-standing Wood-Burning Fireplace, keeping cozy on those cooler days. Enjoy eating and conversing around the oversized Island topped with a polished Live-Edge Countertop. The Kitchen features Newer Stainless Steel Appliances, a deep double sink with a new faucet, and Subway Tile Backsplash surrounds the wooden cabinets. The bedrooms are split in the floor plan for privacy. The Primary Bedroom is large, with a big walk-in closet, and has its own full bathroom ensuite. There is direct exterior access from the Master onto the back Deck and is just steps away from the bonfire pit. The Two Secondary Bedrooms have New Ceiling Fans and share a Full Bathroom. The inside Utility Room is conveniently located off the kitchen with extra storage space. The home has newly updated Light and Fan Fixtures, interior Paint, and Vinyl Flooring throughout. The Detached building can be personalized to meet the new owner's needs. Is it an In-Law Suite, Guest House, Workshop, Play House, Man Cave, Art Studio, or SheShed? This building has two rooms, one full bathroom, and a partial kitchenette with Epoxy Flooring throughout. It has a second unpermitted septic system. Off the driveway, there is a Detached Metal Garage/Workshop with a tall One Bay Roll-up Door (16 X 30). Park your car/truck and/or store your boats, machinery, and other toys here! At one time, the entire acreage was cleared like the adjacent properties. This is a beautifully private and unique property waiting to be utilized to meet your desires! Contact me to learn more and schedule your tour. Let's work together!
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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 | $420,000 | $420,000 | $420,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.168% | 5.609% |
| Monthly Tax Payment | $571 | $571 | $571 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,385 | $2,515 | $3,404 |
| Total Monthly Payment | $3,048 | $3,178 | $4,067 |
* 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.