225 ELM Street, Jacksonville, FL, 32204 | $165,000

The seller will gift 20% equity to the buyer at closing.

Seller will pay up to 4% of buyers closing cost.

Welcome to this upgraded home with several desirable features. The carpet has been recently upgraded, and a comprehensive 4-point inspection was completed on October 6th, 2023. The interior has also been freshly painted, providing a refreshed and inviting atmosphere.

Situated in close proximity to the St. Johns River, this property offers easy access to the natural beauty of the area. Additionally, you'll find a variety of local shops, including the popular Fresh Market, as well as the historic district of Five Points, known for its charm and character.

Located just 2 miles southwest of downtown Jacksonville, this home provides convenient access to the city center and its vibrant amenities. For recreational activities, residents can gather at J. S. Johnson Park, which offer opportunities for picnics and tennis. The community center at the park serves as a hub for local events and social gatherings. Another nearby favorite spot is the two-acre Brooklyn Park, featuring a baseball field and basketball court, providing additional options for outdoor activities and relaxation. Residents of this neighborhood enjoy a diverse range of activities, eclectic cuisine, and stunning rooftop views. With new restaurants, grocery stores, retail shops, and more within walking distance, the area offers a vibrant and convenient lifestyle. Furthermore, the upcoming development of the Brooklyn Neighborhood and the Emerald Trail presents an exciting opportunity for both residents and investors alike. Don't miss out on the chance to live or invest in this thriving community with its growing amenities and promising future. The property currently has an active Homeowner Insurance policy. The square footage of the Property has not been measured by Seller, Seller's agents, or Broker (including square footage of the lot and home), and the square footage and other information quoted on any marketing tools such as advertisements, brochures, MLS data, websites and any other information provided based on information supplied by Seller or Broker is deemed approximate and not guaranteed. Buyer further acknowledges that Buyer shall not rely upon any such square footage and other information quoted on any marketing tools are not representations and/or warranties of Seller, Seller's agents, or Broker.

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Style: Spanish
  • Year Built: 1972
  • Cooling: Central Air
  • Approx Sq. Feet: 1,196
  • Appliances: Electric Range, Refrigerator
  • MLS#: 1260841
  • Days on Market: 17 days
  • Website: https://www.raveis.com
    /prop/1260841/225elmstreet_jacksonville_fl?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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225 ELM Street, Jacksonville, FL, 32204

$165,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $132,000 $132,000 $132,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.133% 6.256%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $900 $877 $1,113
Total Monthly Payment $975 $952 $1,188

* 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.