Under contract-accepting backup offers. This beautiful home, built in 1926, is located on the desirable brick streets of the Historic Park Street District. This quiet, family friendly, neighborhood is located, on a double lot and is just 1. 5 miles from sandy beaches of Treasure Island and 1 block from the intercostal waters, is near award winning schools, a few blocks from the Pinellas Trail and is a 10 minute commute to down town St. Petersburg. This 6 bedroom, 5 1/2 bath home has had extensive updates and has a large open floor plan that creates the ideal space for living and entertaining. French doors open to a gorgeous private (fenced in) tropical yard with paved area around a kidney shaped pool and a large deck that is perfect for entertaining guests. The down stairs master suite features a gas/ wood burning fireplace, master bath with walk-in glass block shower, jacuzzi tub and direct access to pool/back yard. Updates include all appliances, indoor laundry room, bathrooms, windows, irrigation system with own well and brand new air conditioning units. An additional must see, is the 1600 sq. ft. 5 car garage with ample work space for all of you DIY enthusiasts. Meanwhile, supplement your income with the extra, updated and fully equipped 600 sq. ft. 1 bedroom/ 1 bath rental apartment that is located above the 600 sq. ft. , fully equipped mother-in-law suite with private courtyard and parking pads. Looking for an easy move? This property is available fully furnished. Additional bonus features include: Zoned as a multi family property. No flood insurance needed for this property. Income producing property. Seller provides options for creative financing on this property.
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$1,230,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $984,000 | $984,000 | $984,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.103% | 7.041% |
Monthly Tax Payment | $446 | $446 | $446 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,713 | $6,547 | $8,776 |
Total Monthly Payment | $7,284 | $7,118 | $9,347 |
* 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.