*Motivated seller who is offering $10, 000. 00 to buyer towards future special assessment or closing cost. This no storm damaged, recently updated hidden gem split 2-bedroom 2 bath, corner unit condo, located in Timber Creek overlooking the 2nd hole in this 55+ golf course community. Your new home comes semi-turnkey with open living space with vaulted ceilings just was recently updated a couple months ago to include fresh paint, new garbage disposal, counter tops, new soft closed cabinets, new 2. 5 A/C (replaced July with a 10-year transferable warranty) and new doors. This unit has an indoor washer and dryer, a newer roof, a new hot water tank, and one assigned covered parking. Residents of this lively community can take advantage of numerous amenities, including exciting rounds of Par 3 Golf and relaxing afternoons by the Large Heated Pool. The community also features Tennis and Pickleball Courts, Shuffleboard, a Pool Table, and a Library, providing endless opportunities for fun and socializing. Plus, the beautiful beaches and vibrant dining options of Anna Maria Island are just a short drive away. With its convenient location near SRQ Airport, Downtown Sarasota, Longboat Key, doctors/hospitals, theatre, IMG Academy. Timber Creek offers a perfect blend of convenience and leisure, allowing you to enjoy the ultimate Florida lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$230,000
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 | $184,000 | $184,000 | $184,000 |
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 | $280 | $280 | $280 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,271 | $1,240 | $1,565 |
Total Monthly Payment | $1,626 | $1,595 | $1,920 |
* 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.