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Zoned Residential/General Commercial (GNC), this double lot offers exceptional flexibility and opportunity. GNC zoning makes it an ideal investment for those who want to live and build your business beside it. On 0. 66 acres, this thoughtfully updated mid-century residence blends timeless design with modern convenience. The three-bedroom, two-bath home spans approximately 1, 520 square feet on a single level, creating an ideal layout for everyday comfort and accessibility. Recent improvements include a remodeled kitchen featuring contemporary finishes and new appliances, as well as a newly renovated primary bath. The open-concept interior is filled with natural light, with wide windows and sliding doors that connect the living and dining areas to the outdoors. Each bedroom provides ample space for rest and personalization, complemented by two full baths designed for functionality and ease. The charm of this mid-century home is apparent in its simplicity, yet it holds all the space and structure needed for modern living. Set on a generous corner of land spanning over half an acre, this property is an outdoor lover’s canvas. With updated wiring and plumbing, central air conditioning and heating, it offers the reliability of modern systems within the charm of its era. Outdoors, the 0. 66-acre lot offers a versatile setting for future enhancements. Its flat topography allows for easy customization, whether for a garden retreat, outdoor entertaining space or potential pool addition. Two septic tanks and corresponding drain fields are already in place. In a quiet and established area without a homeowners' association, this home invites creative freedom and a relaxed lifestyle. Combining vintage character with practical upgrades, 5201 E. Jasmine Lane presents a rare opportunity to own a piece of classic architecture with modern versatility.
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Our Executive Mortgage Banker:
Our Insurance Division:
$319,000
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 | $255,200 | $255,200 | $255,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.156% | 5.415% |
| Monthly Tax Payment | $154 | $154 | $154 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,469 | $1,528 | $2,035 |
| Total Monthly Payment | $1,698 | $1,757 | $2,264 |
* 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.