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It's hard-to-find breathtaking views like this with 8. 77 acres. This property is cleared to take advantage of the panoramic views of the Victoria Valley Vinyards, and beyond that the views seem to stretch forever towards Caesars Head, Raven Cliffs and Coldbranch Mountain. The land is fully prepped, and ready for you to start construction on your mountain retreat. The owner has installed a new 520' well, gravel driveway, electric hookup, and a new 3-bedroom septic system. The property consists of 3 tracts, one of the other lots already has its own gravel driveway and homesite. The restrictions allow for 1 home, and 1 guest home on each tract. Just a stone's throw to Victoria Valley Vineyards. Also, within 5 minutes of Table Rock State park. This is quiet area just at the foot of the mountains yet still easy access to Hwy 11, Tracts MLS numbers, 4197-00-95-2711, 3551, 5311
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Our Executive Mortgage Banker:
$260,000
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 | $208,000 | $208,000 | $208,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.628% | 5.933% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,264 | $1,313 | $1,727 |
| Total Monthly Payment | $1,339 | $1,388 | $1,802 |
* 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.