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Last property on dead-end Morgan Rd
Agricultural Single Family with Conditional Commercial Land Use Permit from the Collier County from 2012
Property taxes $7, 600 year
9. 2-acre lot ~ square 600ft x 660ft, ¼ mile long paved driveway loop, large lake 300x100ft with two islands, several large ponds, ¼ mile landscaped gravel walking path, 30ft tall triple waterfall, the lot is fully cleared, cultured, & artistically landscaped yet with minimal maintenance in mind, many thousands of native & exotic ornamental trees & shrubs, a collection of rare cacti & succulents.
Two houses 1974 (3300 sq ft) & 1997 (2700 sq ft), total 8000 sq ft. The 1997 house was built as a Studio, Gallery, & Residence for the prior owner famous painter Jonathan Green, features a 20ft by 100ft glass wall overlooking large lake, islands, waterfall, beautiful landscape, gravel path around the lake, etc.
Spacious 2-car garage & storage, 3 screened lanais, one is 15x100ft, & 55x55ft screened courtyard between houses.
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Our Executive Mortgage Banker:
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$1,990,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,592,000 | $1,592,000 | $1,592,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.764% | 6.601% |
Monthly Tax Payment | $660 | $660 | $660 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,802 | $10,194 | $13,868 |
Total Monthly Payment | $10,587 | $10,979 | $14,653 |
* 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.