Under contract-accepting backup offers. Welcome to this lovely 2-bedroom 2 bathroom home located in Melwood Oaks! This villa, surrounded by lush foliage, has a 1 car garage in the front and a spacious outdoor area in the back. A Florida room and screened in patio allows you to experience Florida sunsets and fabulous weather right from the backyard (with no house right behind for a full view), or, they can venture just across the street to the wide green space for picnicking and further enjoying the outdoors. Inside, an open kitchen holds plenty of cabinets, a double oven, and a pantry and just off the kitchen is the living room dining room combination. In the center of the living area is a spiral staircase leading up to a spacious loft that can be multi-used as an office, play area, library, or more. This villa has vaulted ceilings and is maintenance free with a low HOA of $240 a month covering lawn maintenance, internet, and cable. Inside the neighborhood Melwood Oaks is a community pool, and about 30 minutes away is Anna Maria Island. This home is near, restaurants, grocery stores, and a golf and country club. Call today for your private showing!
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$245,000
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 | $196,000 | $196,000 | $196,000 |
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 | $51 | $51 | $51 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,191 | $1,191 | $1,549 |
Total Monthly Payment | $1,317 | $1,317 | $1,675 |
* 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.