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Rarely on the market, a 84 acre parcel with a 1615 sq ft updated home with a two car attached garage overlooking a pond with a Barn and an additional shed for storage of equipment that would be used to maintain the acreage under Public Act 490. The home has a newer roof, oil warm air heat with an attached wood burning furnace to reduce burning oil for heat. The kitchen has Granite counters and Stove, dishwasher, and Refrigerator appliances. The 2 baths have also been updated with step in showers. There are 2 fireplaces, one in the Living Room and the one in the unfinished basement(that is not functioning because of the wood burning furnace) This fireplace can become functional if the wood burning furnace is disconnected. A screen porch and patio overlook the pond - There is an opportunity to continue using this property as the tree farm that it is currently being used or it could be developed as a sub division after purchasing this property "AS-IS"
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | 13.0 x 9.0 | Upper | |
| Bedroom 2 | 13.0 x 12.0 | Upper | |
| Kitchen | Remodeled,Granite Counters | 11.0 x 15.0 | Main |
| Primary Bedroom | 12.0 x 33.0 | Upper |
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $706,800 | $706,800 | $706,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 5.984% | 5.806% |
| Monthly Tax Payment | $663 | $663 | $663 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,903 | $4,181 | $5,822 |
| Total Monthly Payment | $4,658 | $4,936 | $6,577 |
* 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.