Under contract-accepting backup offers. CASH ONLY. This charming block home built in 1953 was flooded from Hurricane Helene. Located in the quiet, convenient neighborhood of Snell Shores. The 3 bedroom/1 bath home is situated on . 19 acre lot (60'X125') and is being sold AS IS. This is the perfect opportunity for renovation or a new build. Drive the neighborhood and you will see several recently built homes. This home is convenient to downtown, Crisp Park, Northeast Shopping Plaza and a plethora of restaurants along 4th St N. Shopping includes 2 Publix Shopping Centers, Trader Joe's, Fresh Market and the recently open Whole Foods. It is a short walk or drive to CRISP PARK. The park has 2 public boat ramps and boat parking. It is. also, located less than a 1/2 mile to the newly renovated Shore Acres Recreation Center and is a short drive north to the NEW SPEER YMCA (62nd Ave NE). Want to renovate? The roof (Tamko fiberglass-asphalt shingle) was replaced in June 2024. It held up well with Hurricane Milton. A new HVAC system was installed in July 2024 and did not suffer any water damage. Also, primary bedroom has a 4 yr old AirCon 9000 BTU 120V mini-split unit. Washer and dryer do not convey. Other appliances (range, range hood and electric water heater are AS IS). You will love the Snell Shores neighborhood!!
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$375,000
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 | $300,000 | $300,000 | $300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $255 | $255 | $255 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,072 | $2,021 | $2,552 |
Total Monthly Payment | $2,402 | $2,351 | $2,882 |
* 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.