This 1920s Mediterranean Revival Historic home sits on almost half an acre in the Temple Terrace Golf Community and embodies these quintessential features indicative of a century-old: stucco walls, red clay tiles roof, arched windows, and a Romeo and Juliet balcony. The main residence has 3 bedrooms and 2 and 1 half baths in the in-law suite and 2 bedrooms and 1 full bath. (Public records state 4 beds and 2 baths in the main residence which is incorrect)
THE PROPERTY HAS A FAMILY ROOM, FLORIDA ROOM, AND AN EXTRA BALCONY ATTACHED TO THE PRIMARY BEDROOM
This diamond in the rough is one of a kind in Temple Terrace and holds significant value in the contemporary real estate market.
Its characteristics and charm will appeal to an investor or buyer looking to restore this gem to its original glory.
The property is being sold AS-IS since it needs renovations.
It is a great location just 10 minute’s drive to the University of South Florida, within walking distance to Florida College, and within 6 minutes’ drive to our very own Busch Gardens. This property is within walking distance of the Temple Terrace Golf Club and golf course. A sought-after location of 5 minutes’ drive to Temple Terrace Recreational Center.
THE PROPERTY IS BEING SOLD AS-IS AND CASH ONLY, THE PROPERTY NEEDS RENOVATIONS
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$350,000
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 | $280,000 | $280,000 | $280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $166 | $166 | $166 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,839 | $1,861 | $2,361 |
Total Monthly Payment | $2,080 | $2,102 | $2,602 |
* 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.