One or more photo(s) has been virtually staged. Elevate your lifestyle with this enchanting Madeira Beach gem, where grace from the past and ease of modern living harmoniously blend. Crafted in 1948, this single-family home stands as a testament to timeless elegance, boasting 1, 100 square feet of warmly heated space and an expansive total area of 1, 848 square feet. Upon entering, be enveloped by a sense of warmth and welcome, further enhanced by central air conditioning installed in 2021 and a tasteful mix of sleek vinyl flooring—both updated in 2021 for your comfort.
The heart of this home, the living room, with its inviting brick fireplace, sets the stage for cozy evenings. The kitchen, now boasting stainless steel appliances all installed in 2021, awaits your culinary flair. This upgrade, along with the adjacent dining area, promises to host many memorable gatherings. The residence features two spacious bedrooms, each offering ample built-in storage, expertly balancing comfort with utility. The master bedroom serves as a tranquil haven for rest, complemented by conveniently appointed and stylish bathrooms.
Notably, the home's infrastructure has seen significant enhancements, including an updated 150-amp breaker electrical system in 2021, ensuring efficiency and safety. Despite these upgrades, the electric bill remains modest at approximately $150 a month, reflecting the home's energy efficiency. Additionally, a transferable termite bond at $350 per year ofreces peace of mind regarding maintenance and protection. Embrace outdoor living on the covered patio, an idyllic setting for leisure or al fresco dining, with the picturesque saltwater intercoastal perfect for the boating enthusiest.
Situated on a paved street within city limits, this home promises both privacy and convenience, free from the burdens of HOA fees. This property is a rare find for those who cherish historical charm without sacrificing contemporary living's perks. Here, every day invites you to bask in natural light, indulge in spacious and comfortable living areas, and revel in stunning water views and direct access, now with the added benefits of modern updates and features highlighting the kitchen's stainless steel appliances, comprehensive electrical and flooring updates in 2021, and a new AC system, ensuring a blend of historical allure and modern convenience.
This home stands as a testament to resilience, having never experienced the inconvenience of flooding—a remarkable assurance for potential homeowners seeking a secure and worry-free living environment.
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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 | $707,200 | $707,200 | $707,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 6.989% | 6.936% |
Monthly Tax Payment | $796 | $796 | $796 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,765 | $4,646 | $6,258 |
Total Monthly Payment | $5,653 | $5,534 | $7,146 |
* 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.