New price reduction. Envision this home with all of your personal touches. Here's your opportunity to live in the beautiful area of Myakka City and still be only a few driving miles from the conveniences and new growth happening now at Lorraine Road and Lakewood Ranch. This well-priced property offers room for your personal touch and updates. This is a good opportunity for customization and improvements tailored to your preferences. This . 78 acre property has a 4 bedroom and 3 bath home with a family room and living room. There are 2 sets of sliders off of the Living Room and Family room to open up to the outdoor area. The third bathroom can be entered from the patio if ever a pool installation is in your future plans. Tile floors throughout the kitchen, living room, dining and laundry room. The primary bedroom has a tray ceiling, a walk in closet, and the en suite has a garden tub and separate tiled shower. The large kitchen has a lot of cabinet space and there is a breakfast bar overlooking the living area for enjoyment of family and casual dining. There is a separate dining room with a tray ceiling for more formal dining. 3 car side entry garage. The large back yard offers an area for a storage building or barn. Split floor plan. There is a covered patio area at the rear of the home and a fire pit for enjoying the warmth of the fire while viewing the Myakka skies. Explore the potential within and envision the transformation that can turn this house into your dream home. Only 8 miles to Lorraine Rd and the newest Publix, restaurants and gas stations.
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$519,000
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 | $415,200 | $415,200 | $415,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $551 | $551 | $551 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,523 | $2,523 | $3,281 |
Total Monthly Payment | $3,166 | $3,166 | $3,924 |
* 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.