Welcome home to 1825 Edison Dr. This 2 bedroom/2 bath home is located in the SW Florida coastal community of Englewood. Englewood is a bustling art community with authentic beach town atmosphere with an abundance of sun soaked sand and aquatic activities. This home has been fully updated with high end materials including new ceramic tile floors, marble kitchen counters with new backsplash, soft close cabinet doors, new range, toilets, vanities, wallpaper, fresh paint, new roof in 2023, screened front porch, new landscaping, and the list goes on. French doors lead out to the private heated saltwater pebble-tec pool with a screen enclosure. The back and side yards are completely fenced in with a beautiful white vinyl fence for your privacy along with 2 storage sheds. There is a gate on the side of the house to allow secure parking for an RV, car, etc. with a motorized awning. Now for the cherry on top: there is a deeded 15’ x 20’ parcel on a canal across the street complete with a new dock. And wait, there’s more: there are no dreaded HOA or CDD fees! They always say LOCATION, LOCATION, LOCATION. Your new home is located walking distance to restaurants, grocery stores, and Freedom Boat Club (if you’re not already bringing your own boat). There are also many parks and trails nearby and Englewood Beach is just over 3 miles away. And this home is eligible to apply for membership to the Englewood Beach Club which has a private clubhouse and Manasota Beach parking. Have company coming to visit or wanting to get away? The easy in-easy out Punta Gorda Airport is a short 42 minute drive. Call to schedule a private showing to learn all that this home and area has to offer!
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Our Executive Mortgage Banker:
Our Insurance Division:
$635,000
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 | $508,000 | $508,000 | $508,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $281 | $281 | $281 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,337 | $3,376 | $4,284 |
Total Monthly Payment | $3,710 | $3,749 | $4,657 |
* 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.