According to analysts, home prices will increase in 2025 and interest rates will drop so maybe you ought to schedule a showing today of this promising property before you tell yourselves, "Shoulda', coulda', woulda'. . . "
About the property:
•Although the "Actual Year Built" was 1976, the "Effective Year Built" is 2000 which is the estimated age of the property based on its current condition, including renovations, updates, wear, and tear.
•This 1157sf GROUND FLOOR condo tastefully renovated in 2015 is READILY AVAILABLE featuring:
- A spacious living room and dining room with glass sliding doors, gorgeous wood-looking tile floor throughout the condo installed in 2020; and a new electric breaker box/panel in 2024.
- The kitchen features a spacious breakfast bar, dual sink, solid surface countertops, automatic garbage disposal, and appliances: electric stove with oven, exhaust vent, refrigerator, countertop microwave, and dishwasher.
- A comfortably oversized master bedroom includes a walk-in closet, vertical blinds, and a private bathroom. The master bathroom, also tastefully renovated, includes a fully tiled walk-in shower with glass door, solid surface countertops, and a medicine cabinet.
- The guest bedroom includes two closets: a walk-in and a built-in closet as well as 3” vertical blinds. The guest bathroom provides a full shower tub combo, solid surface countertop, and a medicine cabinet.
- To simply your life: the LAUNDRY ROOM LOCATED INSIDE THE CONDO includes the full-sized washer and dryer.
- Your oversized and paved fenced-in rear patio offers spectacular views of Lake Magdelene.
•About Whispering Oaks:
- An ALL-age GATED condominium community located only 3 miles from Interstate 275, within close proximity to public transportation, retail shops, and restaurants, 5 miles from the University of South Florida, 11-12 miles from Tampa International Airport, under 8 miles from Busch Gardens, featuring a community pool, mailbox station, clubhouse, fitness center, a car washing station, plenty of visitor parking, and a community boat ramp steps from the condo! The monthly fee includes water, trash, exterior and ground maintenance,
•Properties like this are a dream for many so take action now instead of listening to fear mongering hype because Florida's real estate market is on a continuous upswing with no downward shift in sight.
•Measurements including square footage are an approximation. Buyers are encouraged to independently verify all information herein.
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William Raveis Real Estate
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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 | $167,920 | $167,920 | $167,920 |
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 | $202 | $202 | $202 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,117 | $1,131 | $1,440 |
Total Monthly Payment | $1,394 | $1,408 | $1,717 |
* 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.