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STEMBRIDGE ROAD, Lake Wales, FL, 33898 | $225,000
This listing is a compilation of three parcels totaling 5. 52 acres, currently planted in citrus with a water well on the property. A portion of Anderson Road runs between the parcels but is not being used as a road. The buyer should check with Polk County regarding future use of Anderson Road to see if that portion could be closed since no one is using it and it is currently planted with citrus. The property has 780 feet of frontage on Stembridge Road and has a working well used to irrigate the grove. The property is just East of Lake Wales with easy access to shopping and medical facilities. The property will need to have a septic system installed for residential. There are multiple golf courses and lakes nearby with public access. Legoland Florida is only 30 minutes away with the East Coast and West Coast beaches of Florida a short drive away making a day trip the the beach possible.
Features
- Lot Size: 780 x 469 x 420 x 381
- Lot Desc: In County
- Pet Policy: Yes
- MLS#: P4934645
- Days on Market: 178 days
- Website: https://www.raveis.com
/prop/P4934645/stembridgeroad_lakewales_fl?source=qrflyer
Listing courtesy of CENTURY 21 MYERS REALTY LAKE WALES Phone: 863-676-4448
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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305.922.5393
Pedro.Delgadillo@raveis.com
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
STEMBRIDGE ROAD, Lake Wales, FL, 33898
$225,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $180,000 | $180,000 | $180,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.397% | 6.304% | 5.628% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,036 | $1,094 | $1,459 |
| Total Monthly Payment | $1,111 | $1,169 | $1,534 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388