One or more photo(s) has been virtually staged. GREAT INVESTMENT OPPORTUNITY! This meticulously maintained and beautifully updated townhouse in the quiet community of Grand Oaks, offers you a light bright and open floor plan with a covered lanai and a fully fenced and beautiful backyard. (Damage to the fully fenced backyard, due to recent Hurricanes will be replaced by the association who is actively obtaining quotes) Back landscaping and gutters are also in the process of being cleaned and updated. ) The well kept community offers you a tranquil surrounding of mature trees and landscaping, a heated pool, fitness center, car care center, and fenced-in dog park. The entrance to Grand Oaks is secure with a newly installed electronic gate and cameras to ensure your safety. The townhome is a 2 story unit with 2 Bedrooms and 1 Bathrooms on the second living level and living, half bath, dining, and kitchen on the first. The solid concrete construction and private backyard fence provide a sense of privacy and security. This truly lives like a single-family home with no one above or below you. The recent building upgrades include painting and landscaping with warming curb appeal. The recent interior upgrades include vinyl flooring. The association is very well managed by board members who live on-site and maintain a clean and quiet community. Owners are allowed 2 small pets. Rentals are allowed and there is no restriction to years of ownership. Start renting right away! Rental History is available upon request! Centrally located, this condo offers closes proximity to Sarasota, SRQ Airport, public transportation, schools, shopping centers, and our sandy Gulf beaches. Schedule for a private showing today!
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Our Executive Mortgage Banker:
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$182,500
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 | $146,000 | $146,000 | $146,000 |
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 | $183 | $183 | $183 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,008 | $984 | $1,242 |
Total Monthly Payment | $1,266 | $1,242 | $1,500 |
* 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.