This beautiful home, situated on a beautiful corner lot, features a double door entry and an open great room plan with high ceilings and luxurious upgrades. It offers 3 bedrooms (one currently used as an office), 2 bathrooms, a 2-car garage, and an expanded tiled lanai with hurricane protection. For peace of mind, the home is equipped with high-impact PGT windows and four sliders (installed in 2015), a reinforced garage door (installed in 2020), and roll-down shutters on the lanai. The garage is wired with a power transfer switch for generator hook-up. Additional features include new laminate and tile flooring throughout (2014), plantation shutters on all windows, office built-ins (desk, file drawers, and storage/closet), a whole house surge protector (2021), a tile roof replaced in 2008 and inspected in 2022 with no defects, and a termite protection contract valid until August 2025 (transferable to new owners). New backyard pavers were installed in 2017, lanai cage repainted and rescreened in 2019, extended lanai and front porch re-tiled in 2023, a new hot water heater (2019), new HVAC (2021), and the whole house was re-plumbed (2023). Wildlife exclusion screens are installed on roof vents and downspouts. The kitchen features custom soft-close solid cherry cabinets with ergonomic features (2014) – pull-out drawers in lower cabinets and pantry, a lift for a stand mixer in a lower cabinet, and an under-cabinet recipe book stand. The washer and dryer were replaced in 2022, and a new oven with remote start, convection, air fry, and self-clean was installed in December 2023. Southwood is a highly desirable community where residents benefit from included ground/landscaping maintenance, irrigation, and access to the community pool, all covered by a nominal HOA fee. With no CDD fees or mandatory flood insurance, this location is ideal for those seeking proximity to shopping, dining, beaches, golf courses, and pet-friendly parks. This friendly neighborhood, perfect for walking, biking, and socializing, is conveniently located near area beaches, the historic downtown area, and the up-and-coming Wellen Park. Don’t miss the chance to make it yours! Schedule your viewing today and experience Southwood living at its best.
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William Raveis Real Estate
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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 | $319,200 | $319,200 | $319,200 |
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 | $173 | $173 | $173 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,124 | $2,122 | $2,737 |
Total Monthly Payment | $2,372 | $2,370 | $2,985 |
* 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.