A cute get away or an affordable year round residence. Step into this open floor plan, 2 bedroom/2 bathroom Condo that is located in the Gated 55+ Community of Kings Point in the Knolls. The Knolls is special because of its unique architecture, lush landscaping and mature trees. There is Laminate flooring in the main area & both bedrooms and ceramic tile in Foyer, Kitchen and bathrooms. Split bedrooms for added privacy for your guests. Granite counters and plenty of wood cabinets in the Kitchen. For added space this Condo also has an enclosed Lanai featuring an additional storage closet for those extra needs!! There is a Platinum KPW plan already in place which can be pro-rated and transferred at close. Dedicated parking place is under the carport and directly in front of the condo for easy access. The Knolls also has their own private swimming pool just steps away plus the many amenities at the North and South Club houses of Kings Point. This community features its OWN private pool and has a grilling station! Located between Sarasota and Tampa, the perfect location for a convenient ride to airports, great shopping, dining, professional sports and entertainment. With easy access to award winning white sand beaches, this is the best of all worlds, but without the stress of traffic and big city life. Leave it all behind and enjoy your new life here in one of the country's highest rated 55+ communities.
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$155,000
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 | $124,000 | $124,000 | $124,000 |
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 | $16 | $16 | $16 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $825 | $824 | $1,046 |
Total Monthly Payment | $916 | $915 | $1,137 |
* 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.