ADORABLE 2nd floor FURNISHED condo that is "High and Dry". Ready for immediate occupancy, this condo would be a great year-round residence or winter retreat. The Oaks IV condominium complex enjoys a spacious clubhouse, heated pool, bocce ball courts with a relaxed and friendly atmosphere. Conveniently situated near the Port Charlotte business district, you'll be close to several grocery stores, big box & specialty shoppes, routes 41, 776 & Interstate 75 highway access. Gorgeous beaches are approximately 25-30 minutes away and the area has abundant parks, walking trails and Harbor access. The unit is tastefully decorated and well-appointed with 2 bedrooms, 2 bathrooms and a dining room. The guest bedroom has a Murphy Bed set-up including a desk area. The dining room could be repurposed into a 3rd bedroom (no closet). Per the sellers, the unit sustained no damage from the recent hurricanes. A/C replaced in 2019 and the Water Heater replaced in 2016. A list of personal property exclusions will be provided, ask your agent for details.
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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 | $148,000 | $148,000 | $148,000 |
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 | $225 | $225 | $225 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $972 | $984 | $1,248 |
Total Monthly Payment | $1,272 | $1,284 | $1,548 |
* 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.