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Absolutely stunning 1925 home in Historic Bradenton with Guest House/Efficiency located steps from Downtown, walking distance to shopping, dining, Manatee River & public transportation, and only 15 minutes from gorgeous Gulf beaches, including famous Ana Maria Island! Outstanding location with several lucrative short-term rentals here. Located in an Opportunity Zone for added tax savings and investment potential. Stroll up the red brick path to the quaint front porch of this lovingly restored and updated home. Upon entering the front door, you'll immediately notice the restored wood plank flooring in the large great room with cozy fireplace and loads of natural light! The ceilings were raised adding to the roomy feel of this open, well-thought out floorplan. To your right, the third bedroom features French doors and looks out over the front of the home, making a great work-from-home-office. Beyond the great room is the formal dining room and beyond that, the renovated white kitchen with solid wood cabinets, 2019 SS appliances, including 5 burner gas stove and spotless butcher block counters. Beyond the kitchen, is the laundry room, complete with washer & dryer that doubles as a mud room and leads to the back door. The hall bathroom features a gorgeous claw-foot tub with shower head and linen closet. The bedrooms are designed in a 3-way split with the office/bedroom in the front, the second bedroom in the middle of the home, off of the dining room and the primary bedroom in the back of the house. The primary bedroom boasts an en suite bathroom with stand-up shower and two walk in closets. Walk in closet in the second bedroom, as well. Detached garage in back has been converted to an efficiency with kitchenette, full bathroom with stand-up shower and walk-in closet, adding an additional sq ft of living space So many great possibilities for this space - in-law suite, young adult apartment, potential income-producing. However, there is still a garage door and opener, so you could convert back if that's your preference. Adjacent driveway has plenty of room to park two large vehicles, a bit more space toward the alley to park one more, and the other side of the garage has ample room for boat or RV parking. The side yard is fully fenced for your furry friends, and the deck is roomy enough for grilling, lounging and entertaining. Recent upgrades include newer kitchen and bathrooms, restored windows, updated plumbing & electric, updated electrical panel, new roof, A/C and ductwork (2018), sprinkler system (2021), new driveway (2021), guest house remodel (2020).
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$549,000
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 |
|
|---|---|---|---|
| Loan Amount | $439,200 | $439,200 | $439,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.508% | 5.794% |
| Monthly Tax Payment | $663 | $663 | $663 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,633 | $2,740 | $3,589 |
| Total Monthly Payment | $3,388 | $3,495 | $4,344 |
* 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.