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This inviting home sits on a spacious corner lot in a quiet Satsuma neighborhood, just steps from the St. Johns River. Surrounded by mature greenery, it offers the perfect blend of privacy, space, and potential—ideal for gardens, outdoor entertaining, or even a future workshop or garage. With NO HOA, you have the freedom to make it your own. Inside, the home features a functional layout with two comfortable bedrooms, a traditional living area, and a versatile bonus room with built-in shelving—perfect as a third bedroom, office, or creative studio. Recent updates include new flooring in the kitchen, dining area, bathrooms, and Bedroom 2, along with all-new light fixtures. The kitchen is fully equipped with appliances, including a brand-new stove, ready for your next meal. A small shed provides extra storage, and as a resident you’ll enjoy private neighborhood access to a boat ramp just one block away, giving you direct entry to the St. Johns River for boating, fishing, and year-round water fun. Whether you’re seeking a full-time residence, a weekend retreat, or an investment opportunity, 111 Hoover Lane offers value, flexibility, and access to Florida’s natural beauty. CASH OFFERS ONLY.
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Our Executive Mortgage Banker:
Our Insurance Division:
$145,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $116,000 | $116,000 | $116,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.533% | 6.533% | 5.668% |
| Monthly Tax Payment | $121 | $121 | $121 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $677 | $724 | $940 |
| Total Monthly Payment | $873 | $920 | $1,136 |
* 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.