Two hurricanes in two weeks, no problem. No power outage either! Built to stand the test of time! This sturdy home is located in a "high and dry" non-evacuation, no storm surge area. Purchase here and have peace of mind. Do you love the vintage charm of an older home, but not the million-dollar-plus prices? Just a half mile away from the multi-million dollar price tags of Harbor Oaks is this sturdy 1925 Craftsman-style house in Magnolia Heights, built during Florida’s first real estate boom (just like Harbor Oaks). And, just like three for-sale homes in Harbor Oaks, this one has a GUEST HOUSE. Enter through the sunroom, the perfect place for a relaxing evening, and a great space for pets. Continue through the living room, with its unique ceiling fan and Craftsman fireplace, on to the first floor primary suite where you’ll find a large dressing room and modernized bathroom with newer cabinets and fixtures including a large rain shower head, along with a bright bedroom, additionally cooled in summer by a ceiling fan. Down the hall is the large kitchen with enough cabinets to accommodate all your kitchen items, many with glass doors. Plus there’s a pantry! Included are the stove, refrigerator, dishwasher, and washer/dryer. Continue through to the dining room with its unique ceiling fan where you can celebrate holiday dinners in style. Climb the stairs to the second floor, where you’ll find a large sitting room/den, a guest room, a full bathroom with newer sink cabinet and fixtures plus a third bedroom/office. There is plenty of storage space that is all walk-in - no ladders to pull down! Out the hall door is a balcony overlooking the lush back yard - another pleasant space to sit in the evening and watch the many birds. Walk down the backyard path past the hurricane-rated carport and you’ll come to the GUEST HOUSE. This building has a one-bedroom apartment with a large bedroom, full bath, living room and kitchenette. The guesthouse has its own private patio. A wonderful place for your guests or in-laws to stay, or for you to do your hobbies. Or you could rent it out for extra income! This neighborhood is quiet, and it is high and dry - no flood insurance needed. There is no HOA. The main house has two HVAC systems, one for each floor. The guesthouse has its own system. BRAND NEW HURRICANE-RESISTANT ROOFS, wind resistant to 150 mph winds on both the main house and the guest house. (The roof warranty is transferable. ) It is just 10 minutes from beautiful Clearwater Beach, 10 minutes from the new music venue The Sound, which is right next to a large public library, and blocks from the Pinellas Trail for walkers and bikers. Grocery stores abound nearby as do top notch medical facilities. A peaceful spot to enjoy life with quick access to everything else you need.
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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 | $377,600 | $377,600 | $377,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $81 | $81 | $81 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,512 | $2,510 | $3,238 |
Total Monthly Payment | $2,668 | $2,666 | $3,394 |
* 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.