Welcome to Fair Acres - A Vibrant 55+ Community! This charming 2-bedroom, 2-bath double-wide mobile home is fully furnished and move-in ready, offering the perfect opportunity to enjoy comfortable, hassle-free living. Located in the heart of Fair Lane Acres, you own the land, and this home boasts several updates including fresh interior and exterior paint, new flooring throughout, and a TPO re-roof in 2022. You'll love the spacious layout with a cozy bonus room off the living room, perfect for additional living space, a home office, or a hobby room. The home also includes a covered carport, a large storage shed with a washer and dryer, and is pet-friendly with no lot fees! Fair Acres is an active and friendly 55+ community that offers a wealth of amenities, including a community pool, tennis courts, pickleball, shuffleboard, bingo, coffee mornings, dancing, and regular dinners. With low monthly HOA dues of just $134, which cover water, sewer, and access to the community pool, you'll enjoy stress-free living in this fantastic neighborhood. Centrally located, you're just minutes from shopping, dining, SRQ airport, and a short drive to the area's beautiful beaches. This home is being sold As Is/As Shown and offers a rare opportunity to live in one of the most desirable communities in Bradenton. Don't miss out on this wonderful home and community — schedule your tour today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$124,000
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 | $99,200 | $99,200 | $99,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $116 | $116 | $116 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $643 | $635 | $824 |
Total Monthly Payment | $834 | $826 | $1,015 |
* 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.