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You will be very pleased with this well cared for, one-owner condo in the unique community of Summer Green, just 3. 5 miles from downtown Venice Island. All condo buildings have only 5 individual units (2 on the first floor and 3 on the second floor) clustered throughout the scenic grounds bordered by the Capri Isles Golf Club, and highlighted with several ponds, oak & palm trees galore, wooden bridges, 2 pools, and golf course views over much of the property. This particular condo was built during the final phase of construction, and has some features that earlier built units do not have. A popular item would be the separation or split private bedrooms, both of which are suites, with walk-in closets and attached bathrooms on either end of the unit. Also, there is full size washer & dryer at the end of the 15' kitchen, which also has solid surface counters with plenty of work space overall, including over the W&D for a convenient folding area. The lanai has an inspiring view of the pond and golf course you can enjoy all 12 months since it is both screened and glassed in with sliding doors. Other features include new carpeting throughout, water resistant luxury vinyl plank flooring in both bathrooms, and freshly painted walls. Your 1 car garage is huge with extra storage space. There are many condos in the Venice area which you may have seen, but if you want a clean and conveniently located unit, very reasonably priced, you would be wise to check this one out. The original and only owners have only occupied this home for 6 mo out of the year - it's waiting for you to grab the keys!
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Our Executive Mortgage Banker:
Our Insurance Division:
$225,000
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 | $180,000 | $180,000 | $180,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.168% | 5.561% |
| Monthly Tax Payment | $170 | $170 | $170 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,036 | $1,078 | $1,447 |
| Total Monthly Payment | $1,281 | $1,323 | $1,692 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.