This beautiful 2 Bedroom Oceanwalk Condo is ready just bring your bags! It has been very well maintain and a detail list of everything that has been done.
Building work and assessments that won’t be needed again for a while:
· Bldg. 1 had roof replaced in 2024. $18, 000 assessment (Work finished 2024)
· Building was repainted about (about 4 years ago)
· Walkway on each floor was replaced (about 4 years ago)
· Balcony was repainted and railing replaced (about 3 years ago)
New Appliances: (Most Jan. 2024) – All high end
· Refrigerator – (Jan. 2024)
· Stove – (Jan. 2024)
· Microwave – (Jan. 2024)
· Dishwasher – (Jan. 2024)
· Dryer – (Jan. 2024)
· Washing Machine (Sept. 2020 – Matches Dryer)
Kitchen Upgrade: Jan 2024
· New cabinets – all plywood, not particle board
· New countertop – Quartz
· New Backsplash
· New sink, faucet, disposal (Faucet changes color with temperature)
· New light fixture (Day and night mode)
Bathrooms Upgrades: (Jan. 2024)
· New matching cabinets (matches the kitchen)
· New countertop (matches the kitchen)
· New sinks and faucets
Other upgrades: (Jan. 2024)
· New light fixture in the laundry (Day and night mode)
· New light fixture in dining room
· New fan with light in living room (with remote control)
· Added fan in 2nd bedroom
· Painted every room with high quality Sherwin Williams Paint - Dec. 2023
· Flooring – replaced most of it with ceramic tile (Nov. 2023)
· Air Conditioner replaced June 2018
· Front Door refurbished (Dec. 2023)
· Electronic door lock added to front door (Dec. 2023)
· 50” Visio television in Living room (Oct. 2022)
Recurring expenses:
· Spectrum Cable TV and Internet - $24/month (fee negotiated by Condo Assoc. )
· Sentry Management Condo Maintenance Monthly Assessment - $920
· County of Volusia Property taxes - $4, 416/Yr in 2024
· Utilities – Average about $110/month (Electric, Water, Sewage)
· Insurance
o Personal Property (Home Owners) – Universal $439/Yr, paid Sept. 2024
o Condo Master Flood – Hartford (Master Assoc. pays)
o Condo Master – American Costal – (Master Assoc. pays)
Person NOTE: Being on the 2nd floor is an advantage, in that you don’t rely on the elevators
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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 | $304,000 | $304,000 | $304,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | $370 | $370 | $370 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,023 | $2,020 | $2,607 |
Total Monthly Payment | $2,468 | $2,465 | $3,052 |
* 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.