Whether you are looking for a year-round or a seasonal home, this friendly community is a great place to find your new favorite spot in the Florida sun. Magnolia Manor is an extremely clean, well-maintained 55+ Manufactured Home community with on-site management. The Sellers retired to Florida and what they expected to be their “Forever Home”, but she has been called back to work out of state for a special multi-year project. Thinking they would never leave, the “retired” professional craftsman has added beautiful custom touches in the home over the past 18 months. You gain the benefit of their hard work and improvements. The 2 bedroom, 1 ½ bath home has been very well maintained, with a new roof in 2022. Other recent improvements include new Entry Door, Windows in the Sunroom/Bonus Room, Kitchen Countertops, Huge Stainless Steel Farmhouse Sink, Electrical Panel, Maytag Washer + Dryer, 28-Gal Hot Water Heater, Microwave, Ceiling Fans, Carport Columns + Extension. The home recently underwent a supervised “tie down update” program, adding additional tie towns for your safety. You will spend lots of time in the Large (11’x19’) Sunroom, with lots of natural light during the day and lovely decorator lights on the custom, coffered ceiling. Your new home has a large storage shed/workshop as well as an oversized laundry room. NO FLOOD OR WIND DAMAGE FROM TWO RECENT STORMS. Meet your friends and hang out at the Community Pool, the Shuffleboard courts or Clubhouse with Workout Room. Centrally located, you have easy access to shopping, dining, medical facilities (Bay Pines VA Hospital is just minutes away) and it is a short trip to the beautiful Gulf Beaches. NO FLOOD INSURANCE The low fee ($172/mo) covers water, sewage, trash, lawn maintenance, and care of the grounds and facilities. The seller is providing a 1 Year Home Warranty for your peace of mind. This community has a No Pets Policy.
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Our Executive Mortgage Banker:
Our Insurance Division:
$175,000
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 | $140,000 | $140,000 | $140,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $112 | $112 | $112 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $943 | $930 | $1,181 |
Total Monthly Payment | $1,130 | $1,117 | $1,368 |
* 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.