Morning Glory 69 Acres Morning Glory Road Oneida, Scott County TN 37841
East TN Acreage | MG-69AC-CP
Sold - Oneida TN
69 Acres, Scott County, TN – If you’d like a large, private, self sustaining tract then this might be one of the best properties out there. At 69 acres, this property is massive and its unique topology adds to its privacy and makes it feel even larger. With a large pond, an abundance of springs and seasonal streams throughout, this property has water features galore. The property has an entrance to an old mine shaft. The access hole was acting like a geothermal vent with 52 degree air pumping out of it when we found it. This feature could possibly be leveraged for home heating/cooling. There is also a small cabin shell on the property that could be fixed up to be a nice hunter’s cabin. The topology varies from flat, level areas to mountainous cliffs with awesome views. Much of the property is interconnected with existing trails and would be easy to set up for horses or ATV’s. This is an outdoor enthusiast’s dream tract and would also be well suited for a hunting club or family playground.
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The closing costs are $600 and a $1000 minimum down payment is required for this tract.
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These payments are based on a 30 year loan but we can go shorter to suit the buyer. There are no pre-payment penalties and any extra paid per month goes to principal. Contact us to calculate other terms.
This tract is owned and financed through Country Places, Inc. Country Places offers 100% OWNER FINANCING on nearly all of our properties, nearly always requiring only $600 to cover all closing costs. We will finance a tract of land for up to 30 years with no prepayment penalties. In addition, anything paid over the regular payment will go towards the principal. The interest rate with nothing down starts at 8.5% and can be bought down with a down payment. Optionally, a down payment in increments of 5%, 10%, 15%, and 20% will each lower the interest rate by 1 point, to a maximum low of 4.5%. The lowest rate is 4.5% with at least 20% down. For those who wish to purchase 2 tracts, a 5% down payment is required. We offer this flexible owner financing to make it easier for people to purchase land. We keep our contracts simple and straightforward with no hidden fees. Everything can be done via mail with notarized signatures. Going to the bank for a land loan is often difficult, very time consuming and even with a sizeable down payment the interest rates are often very high. We are here to help you attain your dream of owning a little piece of the country.
- No Down Payment On Most Properties
- No Credit Check
- Low Closing Cost – $600 in nearly all cases
- Loan Terms up to 30 years
- No Prepayment Penalties
- Extra amounts paid are applied to loan principal
- APR rates as low as 4.5%
- Fixed interest rates
- Simple and straightforward contracts
- No hidden fees
- All paperwork can be completed via mail or other delivery service with notarized signatures
- Discounts available for current or prior military service – Thank You!
- Discounts available for cash purchases
Be sure to ask us about our military and cash purchase discounts!