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Opportunity meets acreage in the sought-after Clay Hill area of Jacksonville. This 38. 5-acre property offers exceptional potential for a private estate, equestrian retreat, or future development opportunity. The 4BR/4BA brick home (3, 310 heated/cooled SF; approx. 4, 666 total SF), built in 1972, is being sold AS IS and requires full renovation. A barn and pond are also on site, with the barn conveyed AS IS. Nearly 30 acres of untouched land on the northern portion provide additional possibilities (buyer to perform due diligence regarding rezoning, subdivision, or other uses). Ideal for horses, livestock, multigenerational living, or expansion. Offered at $1, 100, 000. Optional split: 9. 65± acres with home, barn, and pond for $500, 000; 28-29± acres vacant land for $600, 000. No current survey. No seller disclosures. Rare opportunity for privacy, space, and upside just outside Jacksonville.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $880,000 | $880,000 | $880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.046% | 5.846% | 5.700% |
| Monthly Tax Payment | $700 | $700 | $700 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,859 | $5,135 | $7,190 |
| Total Monthly Payment | $5,684 | $5,960 | $8,015 |
* 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.