Under contract-accepting backup offers. Here's an opportunity to purchase a solid FIXER UPPER home in a beautifully wooded ADULT 55+ Community known as Summer Trees West. HOA, not a Condo and no big assessments. Zero lot line 2/2+ den, Block construction w/ new roof 2023, HVAC 2018, newer hot water heater and ready for your personal touches to make it your own. Additional den can be office or 3rd bedroom. BE ADVISED. . . RENOVATIONS NEEDED. . . Needs kitchen upgrades, appliances, flooring, paint, bathroom upgrades, etc. . Generac for emergency power, spacious paver-ed patio area, , 2 Car garage in rear of home. Community heated pool, 4 miles of walking trails, lawn service grounds upkeep, Cable and WIFI included in low $135 monthly fee. Live in the privacy of nature yet close proximity to all of the shopping and restaurants one could ever need. Only a 10 min drive to the beach, too! Low maintenance living in a quiet adult community This is a great price for 1340 sq ft. with 2 car garage in Port Orange. Only 10 mins from Daytona Beach or New Smyrna Beach. Come see. . . motivated seller. Estate home, probate is complete.
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Our Executive Mortgage Banker:
Our Insurance Division:
$219,000
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 | $175,200 | $175,200 | $175,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $304 | $304 | $304 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,166 | $1,180 | $1,502 |
Total Monthly Payment | $1,545 | $1,559 | $1,881 |
* 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.