Build your dream home on this affordable lot in an established yet growing neighborhood of Port Charlotte. This conveniently located neighborhood is a short walk to the beautiful, dog friendly Ollie's Pond Park. Don't forget your binoculars to spot amazing bird life in this environmental park and along the nature preserve trail. It's also a short 8 minute drive or 20 minute bike ride to Charlotte Sports Park to watch the Tampa Bay Rays in their spring training location, or to lunch and listen to your favorite band at Twisted Fork. Centennial Park Recreation Center, with it's 3. 7 km walking loop, multi purpose gym, pickle ball and volleyball courts, fitness center, multi purpose rooms, community garden, and lighted baseball, softball, soccer fields, and challenging disc golf course is nearby also. Shopping and restaurants at the Murdock Circle area are only a 5 minute drive. A 20 minute drive takes you to Warm Mineral Springs, a 40 minute drive to Manasota Key beach, 33 minutes to Boca Grande, or 45 minutes to the Venice beaches. Sarasota and Punta Gorda both have airports with affordable Allegiant flights to many northern locations, including many smaller airports that are far from major airports. Allegiant's amazing brand new, sparkling Sunseeker Resort is only 15 minutes by car. Make your northern friends jealous by claiming your place in the warm winter sun! Come to wonderful Charlotte County
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Our Executive Mortgage Banker:
Our Insurance Division:
$22,500
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $18,000 | $18,000 | $18,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $120 | $120 | $152 |
Total Monthly Payment | $195 | $195 | $227 |
* 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.