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Auction Property. LIST PRICE IS FOR MLS PURPOSES ONLY. ACTUAL PRICE WILL BE DETERMINED AT AUCTION. ONLINE AUCTION ENDS MAR. 26 AT 11 AM ET. This 1974± block 2BR/2BA home has been continuously updated and expanded over the years, offering substantial additional interior space on a . 50± acre corner lot with mature landscaping. The home consists of 2, 908± sf under roof with 1, 822± sf of living area with a layout that offers flexibility to configure spaces to suit a variety of needs. A breakfast nook just off the kitchen opens into the living room, where a gas fireplace is set within a prominent brick chimney breast. Permitted additions to the home include a converted garage that now serves as a separate living area, complete with an oversized walk-in closet and sink. A 2005± two-car garage addition further enhances the property with a shower and sink, dedicated laundry area, and a bonus storage nook with an exterior door leading to the backyard. Also within this addition is an approximately 19' x 12' carpeted bonus storage room/workshop located behind double doors, suitable for a variety of uses including workspace, hobby area, den, or storage for collections. The home offers a notable amount of adaptable interior space, presenting a strong opportunity for customization and added value. The property is equipped with two hot water heaters and gutters. Sliding glass doors lead to the back patio and overlook a backyard with mature landscaping and established fruit producing trees and plants, including Japanese plum/loquat, grape arbor, lemon tree, and blackberry bushes. Additional improvements include a sizeable shed and a greenhouse that each have electricity. Located in a residential neighborhood, the home is minutes from several of Inverness’ most notable outdoor destinations, including Whispering Pines Park (5± minutes), Fort Cooper State Park (8± minutes), Downtown Inverness (8± minutes), the Withlacoochee State Trail (10± minutes), and public access points to the Tsala Apopka Chain of Lakes for boating and fishing. Property #: DG26010. Bid Online March 19 - 26. 10% Buyer's Premium. Subject to the final bid at the online auction and auction terms.
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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 | $100,000 | $100,000 | $100,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.533% | 5.794% |
| Monthly Tax Payment | $60 | $60 | $60 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $592 | $624 | $817 |
| Total Monthly Payment | $727 | $759 | $952 |
* 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.