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This lot backs to green space, so no homes behind you. The lot just to the west of this one is same size and owned by same person, and listed separately. Opportunity to own two lots side by side. Marion Oaks is a fast growing area of site built homes only, on the southwest side of Ocala. It is in close proximity to I-75 at CR-484, as well as ST RD 200, with a large variety of retail, restaurants and medical facilities. There is a Super Walmart just 4 miles away, and a new Publix under construction in Marion Oaks, about 3 miles away, as well as an existing Aldi's. The newest high school in Marion County is on the eastern edge of Marion Oaks and will be open for Fall classes. There are many new homes in the area. Not far from several trailheads and campgrounds for nature lovers and outdoor enthusiasts. There is a Civic Association in the subdivision, no HOA, no HOA fees. There are mild Deed Restrictions and rules regarding fences, sheds, etc. Marion County Water Service available. This is a benefiting lot. Check with Marion County Utilities for related costs when pulling a permit.
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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 | $36,000 | $36,000 | $36,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $222 | $227 | $299 |
| Total Monthly Payment | $297 | $302 | $374 |
* 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.