HUGE PRICE IMPROVEMENT WITH $5K TOWARDS CLOSING COSTS…NO CDD OR HOA. . . SELLER MOTIVATED…OWN A PIECE OF HISTORY. Built in the early 1900’s, this beautiful well-preserved water view home sits on over 1 ¼ acres and Lake Weeks, in a quiet landscaped neighborhood. The property and additional lots are being sold as 1 unit, adjacent to a public boat ramp. For the Keto lovers, the home was recognized as having the largest Avocados, up to 8. 5”x5” in size, and easily located at the back of the home. The home has been remodeled and updated to incorporate an additional guest water closet downstairs, a large walk-in closet in the master, and an upstairs balcony. Natural wood floors throughout the home and ceramic tile in the upstairs bathroom. The kitchen has been expanded to include a junior chef’s walk-in pantry that has a stainless-steel refrigerator and lots of storage. Lots of natural light into the Kitchen shows off the stone counter tops, updated kitchen cabinets, newer appliances, modern stainless steel range hood, and plenty of counter-space. The kitchen also has a Breakfast Bar, as well as space for additional daily eating. Kitchen reverse osmosis water treatment, along with a water purification system and water softener conveys. 2nd floor has a loft area for quiet time and leads to the 2nd floor balcony. The balcony overlooks Lake Weeks which is in walking distance to the public boat ramp. Primary Bedroom has a 9x9 ft walk-in closet. (It was previously a nursery). The primary bathroom has a Clawfoot Tub with Shower. Great yard for cookouts or parking a boat or RV. There is a rear porch with pavers for additional sitting and entertainment. The front of the home has a 25x8 ft porch with a view of the Basketball hoop and a custom horse-shoe fire pit with covering. There is an additional concrete 2-story building, with a new roof, and roll-up garage door, approx. 2400 sq ft, that can be used as a workshop, or converted into a mother-in-law suite. The home is very well insulated with two separate AC units, and a wood-burning fireplace in the living room. Picket fence in the front and a chain-link fence surrounding the entire property. Home may qualify for historical status therefore, possibly reducing county taxes. The seller is leaving behind completed engineered drawings for a downstairs master suite and bathroom. The home is near MLK Hwy and Parsons. Turnkey ready! Make your appointment today!
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William Raveis Mortgage, LLC
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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 | $536,000 | $536,000 | $536,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.623% |
Monthly Tax Payment | $344 | $344 | $344 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,656 | $3,611 | $4,632 |
Total Monthly Payment | $4,092 | $4,047 | $5,068 |
* 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.