MAIN HOUSE HAS 1700 SQ. FT AND IS A 3/2; DETACHED ACCESSORY DWELLING UNIT (IN LAW SUITE) HAS 648 SQ. FT AND IS A 1 BEDROOM/1 BATHROOM UNIT. TOTAL BEDS/BATHS IS 4/3; TOTAL HEATED SQ. FT IS 2, 348 SEE PUBLIC RECORDS. A fantastic opportunity awaits to own a beautifully remodeled home in Venice, FL, featuring a spacious and remodeled accessory dwelling unit (ADU) - or "In-Law Suite" - in the backyard. It's rare to find properties with such multi-generational potential. Units are separated by a Vinyl fence for privacy. This price reflects the owner's desire for a quick sale. The main home offers a spacious layout and tastefully remodeled rooms. The kitchen is bright and perfect for everyday use. The ADU boasts a generous living area and a spacious bedroom. A cozy covered deck area and a large backyard add to the appeal for outdoor activities. Imagine the convenience of keeping loved ones close in this wonderful multi-generational property. Don't miss out on this opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$562,500
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 | $450,000 | $450,000 | $450,000 |
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 | $283 | $283 | $283 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,994 | $2,991 | $3,858 |
Total Monthly Payment | $3,369 | $3,366 | $4,233 |
* 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.