1040 Silk Oak Terrace, #A, Delray Beach, FL, 33445 | $219,500

PINES OF DELRAY. 2 bedroom/2 bath 1167 square foot CORNER VILLA with a rarely available 318 square foot wrap-around screened patio - with the sought after SOUTHEAST EXPOSURE. And there's access to the patio thru full PGT sliding glass doors in the living room and thru PGT double French doors in master bedroom. Contemporary wall colors, 17 inch white tile throughout except for laminate-floored master bedroom; crown molding, paddle fans, 17 foot long eat-in kitchen with a stone-tiled countertop and tiled backsplash; full length walk-in shower in master bath and stall shower in guest bathroom; 2021 Carrier 2. 5 ton/14 Seer air conditioning system; Pro1 4''inch square display thermostat; 2020 Rheem 30 gallon/ dual 3800 watt hot water heater; and a GE Power Mark Gold electrical panel.

Features

  • Parking: Assigned,Guest,Vehicle Restrictions
  • Heating: Central Individual,Electric,Heat Pump-Reverse
  • Cooling: Central Individual,Electric,Paddle Fans
  • Levels: 1
  • Amenities: Billiards,Bocce Ball,Clubhouse,Community Room,Fitness Center,Game Room,Internet Included,Manager on Site,Pickleball,Picnic Area,Pool,Putting Green,Sauna,Street Lights,Tennis,Whirlpool
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: PINES OF DELRAY
  • Development: PINES OF DELRAY
  • Year Built: 1975
  • Common Charge: $596
  • Approx Sq. Feet: 1,167
  • Est. Taxes: $2,978
  • Lot Desc: 50+ Acres
  • View: Garden
  • Adult Communities: Yes
  • Pet Policy: Restricted
  • MLS#: RX-10958816
  • Website: https://www.raveis.com
    /prop/RX-10958816/1040silkoakterrace_delraybeach_fl?source=qrflyer
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Listing courtesy of Coldwell Banker

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1040 Silk Oak Terrace, #A, Delray Beach, FL, 33445

$219,500

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $175,600 $175,600 $175,600
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.425% 7.146% 6.276%
Monthly Tax Payment $248 $248 $248
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,154 $1,167 $1,481
Total Monthly Payment $1,477 $1,490 $1,804

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.