Discover your dream home in the heart of Terra Siesta Co-op! Immerse yourself in the charm of this meticulously maintained 2-bedroom, 1-bath residence nestled in a delightful 55+ community that's resident-owned. Experience the joy of hassle-free living, as all updates have already been taken care of for you including a brand new roof. Revel in the convenience of new appliances, modern vinyl plank flooring atop a fresh sub-floor, and the added elegance of Window World windows. This home boasts a range of recent enhancements, including a tankless water heater, and a vibrant new paint job. Seize the opportunity to make this move-in-ready haven your own, whether you're looking for a permanent residence or a seasonal escape as a snowbird. Indulge in the myriad amenities that Terra Siesta Co-op has to offer. Dive into the two heated pools, socialize in the welcoming clubhouses, and embrace the active lifestyle with pickleball, shuffleboard, horseshoes, and more. The community pulses with a vibrant calendar of events, from water aerobics and table tennis to billiards, crafting, and musical jam sessions. No need to fret about lot rent – when you invest in Terra Siesta, you become a valued shareholder. A reasonable $211 monthly maintenance fee covers essential services like trash and recycling pickup, water, sewer, and the meticulous upkeep of common areas. Say goodbye to unpredictable yearly increases; at Terra Siesta, the monthly fee has seen a modest total increase of only $73 over the past 12 years, averaging just around $6 per year. Don't miss out on the chance to call Terra Siesta home, where a world of vibrant community living and comfort awaits you. Act now and make this extraordinary property yours! Most furnishings will convey with home
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Our Executive Mortgage Banker:
Our Insurance Division:
$124,900
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 | $99,920 | $99,920 | $99,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $70 | $70 | $70 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $656 | $656 | $836 |
Total Monthly Payment | $801 | $801 | $981 |
* 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.