![]() |
Charming 3 bedroom/2 bathroom Magnolia Heights bungalow has been lovingly cared for and is ready for its new owner! Either live in the home as a traditional 3/2 or rent out the primary suite with its own separate entrance and private patio. Excellent opportunity to earn passive income while residing in the 2/1 portion of the home! Light & bright with an open floor plan. Well positioned between the living and dining rooms - the efficient kitchen has a farmhouse sink, newer stainless steel appliances, ample cabinetry & an adorable fold out wall table. All of the big ticket items are done with a long list of updates! Brand new Bryant HVAC unit with 10 year transferable warranty (March 2024); new porcelain tile at side entry & new ceramic tile in primary suite shower (May 2024). All new in 2022: maintenance-free composite Alside siding with added insulation; impact windows in the main house, impact front door and storm door; full attic restoration with insulation removal, addition of new insulation & ductwork; professionally sealed pavers in the backyard and front sidewalk; vinyl fencing and gates; professionally sealed granite countertop in kitchen; mini split and composite deck for primary suite. New in 2023: 8 x 4 Heartland shed, 5 ceiling fans, foyer tile, front porch, and landscape. Peaceful courtyard oasis which is fully fenced and large enough for a hot tub or spool. High and dry with no flood insurance required! Two parking spots on the driveway located off the rear alley. Furnishings are available separately. There is an optional neighborhood association ($20 per year) which hosts community porch parties, annual block parties, & yard sales. The neighborhood’s first craft brewery recently opened. It is a foodie paradise with Rollin’ Oats Market, Trader Joe’s, and Fresh Market all under 1. 5 miles away. Delicious restaurants & coffee shops abound with many that are walkable. Lots of opportunities to enjoy the warm weather and sunshine with 3 nearby parks: Kiwanis, Allendale, and Blanc. Bike to Coffee Pot Bayou Park where the 2-mile scenic path stretches to Downtown, North Shore Park, and Vinoy Park. Centrally located - ½ mile to I-275 for convenient proximity to Tampa and Bradenton and situated near the bustling 4th Street corridor. Nearby downtown St. Pete with its thriving waterfront entertainment and cultural district is well known for the arts, festivals, parks, museums, shopping, and restaurants. Close to gorgeous award winning St. Petersburg Pier and Gulf beaches! Come and see why they say life is better in the Heights!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$465,000
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 | $372,000 | $372,000 | $372,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.295% | 6.644% |
Monthly Tax Payment | $300 | $300 | $300 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,506 | $2,506 | $3,215 |
Total Monthly Payment | $2,881 | $2,881 | $3,590 |
* 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.