Rare opportunity to live in this private, hidden & centrally located neighborhood with only 23 homes, located only a bridge away from downtown Jax! This is a fantastic opportunity for someone who is looking for rare affordable waterfront & doesn't mind putting in some sweat equity or hiring a contractor to make updates as sellers are making no repairs! Home is located on half an acre on the tidal Little Pottsburg Creek with only one fixed bridge to the big water of the Arlington and St. John's Rivers, only a short boat ride to the stadium. No HOA. Home has swimming pool with screened enclosure & wooden deck at front entry, large carport with ample storage & circular driveway, sturdy small dock & wrought iron fencing on concrete bulkhead & boat davits. Many large windows overlooking beautiful view of serene creek and Florida nature & wildlife. Close to shopping, dining, shoppes of San Marco with easy access to interstates & beaches. Roof 2017, HVAC 2023, Buyer to verify square footage This home is located at the end of a dead-end street for extra privacy. Stucco is made of coquina for that old Florida look, wood burning fireplace, home has open concept floor plan with split bedrooms. Kitchen overlooking dining & living combo with a breakfast bar & parquet wood flooring, kitchen comes with stainless appliances and washer & dryer stays, owner's suite has large walk-in closet, an extra-large walk-in shower, a door to pool, and sliders to the Florida room. Florida room needs some extra work but has high beamed ceilings with cedar planks with ample windows with views of creek and tons of natural light, backyard even has a solidly built treehouse. Yard slopes to creek and seller says has never flooded. Seller has enjoyed this home for years but is looking to downsize.
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$799,000
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 | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | $393 | $393 | $393 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,199 | $4,248 | $5,437 |
Total Monthly Payment | $4,684 | $4,733 | $5,922 |
* 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.