Gratis Jacksonburg Rd Gratis Township OH 45311

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Gratis Jacksonburg Rd

Gratis Township, OH 45311

Suburb: Gratis Township

$697,400

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Prime agricultural land with approx 41 acres of crop land, 2 acres of pasture, and 24 acres of wood. Taxes reflect CAUV credit. Property road access across from Howards Drive. Parcel ID: C07431530000003000

Directions

St Rt 122 to West on West Elkton Gifford to right on Gratis Jacksonburg

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Property Details

General Information

Property Type	Land
Style	Acreage
Suburb	Gratis Township
County	Preble
Zip Code	45311
School District	Preble Shawnee Local
MLS#	1789221

Features

Lot Dimensions	69.74 acres
Best For	Farm
Water	None
Sewer	None
Semi-Annual Taxes	$333.50

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Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

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Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/mortgage-calculator

The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the MLS of Greater Cincinnati, Inc. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.

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