A rare opportunity to live on a beautiful 2. 1-acre parcel of land tucked away from it all in a quiet area of Mill Creek. Located on a quiet dead-end street within 10 minutes of everyday amenities, you have plenty of options to live as-is or build from scratch. This elevated home has 3 bedrooms, 1 bathroom and an open plan living area which opens up onto a large wooden wraparound balcony from which to enjoy the privacy and seclusion of this unique slice of Florida nature. The main living level sits atop a carport, a large 800sf screened room with lots of potential uses, a (non-airconditioned) 29' x 11' room that is plumbed for a washer and dryer, and a second bathroom with a shower and toilet. The home was updated with vinyl plank flooring, interior paint and appliances 5 years ago. There is a well with a filtration system and two septic tanks - one for the main house and a second pump-out for an RV. ! The lot is huge, with many mature oak trees, but still plenty of space for a spacious building envelope for new construction. Fences are on three sides and grand entry gates with fast-growing bamboo lining the front fence. There is a storage shed with an overhead door. This property is located just across the street from an artery of the Manatee River and is a short drive to SR 64 where you will find plenty of shopping locations. You can store your boat and trailer on site, and the Fort Hamer boat ramp is a quick 6-minute drive.
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Our Executive Mortgage Banker:
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$499,000
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 | $399,200 | $399,200 | $399,200 |
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 | $349 | $349 | $349 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,689 | $2,653 | $3,367 |
Total Monthly Payment | $3,113 | $3,077 | $3,791 |
* 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.