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Property Description
Rare opportunity to own a fully functional mini farm in the city of Charlotte featuring 17+ beautiful acres with over 600 feet of road frontage! This property offers the perfect setup for anyone looking for space to spread out, start a homestead, operate a business, or simply enjoy peaceful country living with room for animals, equipment, and future expansion. The land features a stocked pond, fenced front and back yard, multiple usable pasture areas, chicken coop, trampoline, and play set already in place for the kids to enjoy. There is also an additional perc site approved for a 4 bedroom home overlooking the pond ideal for a future build, guest home, or family compound setup. The impressive 40x80 shop is built for functionality with four 14-ft roll up doors, upstairs storage, sandblasting area, office space, and plumbing already in place for a future shower and toilet. A 30x60 pole barn provides even more storage for hay, tractors, livestock equipment, or recreational vehicles. The renovated white farmhouse style home offers 4 bedrooms and 1 bathroom with timeless character dating back to the 1920s while major updates were completed in 2014 including electrical and water lines. Additional features include a partly finished basement, walk-in crawl space access, and abundant storage underneath the home. There is also 1 Bathroom in the unfinished basement. Properties offering this amount of usable land, road frontage, outbuildings, and future building potential inside the city of Charlotte are hard to find.
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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