Charming cottage style home located on the edge of downtown in a neighborhood of multimillion dollar new construction, fourteen minutes to St. Armands Circle and Lido Beach, walking distance to beautiful Payne Park, Publix, Legacy Trail Alta Vista School & Sarasota High School. House has lots of green space just under a quarter acre with a completely fenced in backyard that offers endless entertaining possibilities to make your own, back of house has a pocketed glass slider to completely open up house to backyard. Completely remodeled kitchen, appliances and bathroom mid 2020 new AC 2024 and new roof waiting for scheduling, house has double hung windows with interior shutter window treatments adding to the old Florida charm, stayed high & dry and undamaged though all storms not just the most recent has an excellent consistent rental history for the past 21 years, If you're looking for a darling, non- cookie cutter house don't pass this one up.
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Our Executive Mortgage Banker:
Our Insurance Division:
$465,000
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 | $372,000 | $372,000 | $372,000 |
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 | $250 | $250 | $250 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,444 | $2,472 | $3,137 |
Total Monthly Payment | $2,769 | $2,797 | $3,462 |
* 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.