Spacious canal front home (3BR/2. 5 BA) on a large corner lot. Open living/dining/kitchen with double living room closets for that much needed storage. The dining area leads to the enclosed lanai overlooking a well landscaped backyard and the canal with private dock and boat lift. A wooden deck provides significant outdoor seating area and a wooden walkway leads the way to the water's edge. The backyard is surrounded by a fence (except for waterfront) and provides plenty of room for a pool, if so desired. The vinyl fence belongs to the neighbor and will be repaired. There is an enclosed outdoor shower on the east side of the home. This home has two driveways, plenty of room to park an RV. The Master bedroom features a large walk-in closet plus a built-in closet (his and hers) as well as sitting/office area and grants views of the water. The master bathroom is en-suite. The master suite was once used as a mother in-law apartment with a kitchenette in the built-in closet. There is a door to the rear deck. Two additional bedrooms, an additional bathroom and a laundry room with half bath complete this home. The A/C is in working order (condensation pump was replaced) as are the washer and dryer. The owner is replacing the roof prior to sale. This house did get some flooding with Hurricane Helene (first time ever) and wet items have been removed. Lots of possibilities. Do the finishing touches and have a beautiful 3/2. 5 BA home with attached garage on the ground floor or elevate and have brand new. Close to trolley stop. Plus 65th St. runs straight west to a great beach access. A wonderful chance to have a canal-front home on Anna Maria Island!
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William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $876,000 | $876,000 | $876,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.606% | 6.622% | 6.680% |
Monthly Tax Payment | $682 | $682 | $682 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,682 | $5,537 | $7,631 |
Total Monthly Payment | $6,489 | $6,344 | $8,438 |
* 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.