8514 Gold Ridge CIRCLE, Tampa, FL, 33619 | $350,000

Move into this 3-4 bedroom house with easy access to Tampa, Brandon, and the major highways: I-75, I-4, Crosstown Expressway, US-301, and others. There is a bonus room with a closet that can be used as the Mother-in-law suite, 4th bedroom, office, family room, entertainment center, den, etc. Since the bonus room has a private entrance it can be used as a rental room to generate income. Ceiling fans are in all bedrooms, the bonus room, living room and lanai. The kitchen is updated with all new appliances and back splash. The roof was new in 2020 and the AC in 2019. The front door is new and hurricane rated. There are hurricane hooks on the roof which lowers the insurance cost. The air ducts were recently replaced and there is wire mesh-like screen barrier at the soffits. A radiant heat barrier in the attic keeps the house cooler in the summer. There is also a home warranty in effect which is transferable to the new owner.
Before the solar panels were installed, the electric bill in this house averaged around $250 each month. Now there is no monthly electric usage charge, but there is a $25 connection fee. Additionally, there is a monthly loan payment for the solar panels in the amount of $177. Thus, the total electric cost is $202 each month which is less than the previous average electric cost each month. The Buyer has the option of assuming the loan for the solar panels and get a reduction in purchase price of around $46, 000. The interest rate on the solar panels loan is 3. 99. When the solar panels loan is paid off, the only electric bill charge will be the $25 connection fee.

Features

  • Rooms: 5
  • Bedrooms: 3
  • Baths: 1 full
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Year Built: 1975
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,260
  • Acreage: 0.17
  • Est. Taxes: $1,308
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • MLS#: T3545386
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/T3545386/8514goldridgecircle_tampa_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/21/2024 12:56:34 AM)
Listing courtesy of Keller Williams Realty   Phone: 813-684-9500

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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8514 Gold Ridge CIRCLE, Tampa, FL, 33619

$350,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $280,000 $280,000 $280,000
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 $109 $109 $109
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,701 $1,701 $2,213
Total Monthly Payment $1,885 $1,885 $2,397

* 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.