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Wow! A 2024 BETTER THAN NEW 2 bedroom 2 bathroom beauty ready for its new owners. When the original property was removed and replaced, the owners envisioned and completely brand new oasis with no updates needed and they succeeded! Firstly, the location is a dream! Close to shopping, dining, entertainment and medical offices, and only 15 minutes from the ultra popular Anna Maria Island! In the active 55+ section of Fair Lane Acres, this home has many upgrades, starting at the top with updated shingles, designed to withstand up to 170 mph winds, and still under warranty! Gutter system was extended to lead any potential water away from the home. Upgraded storm doors in the main and side entrance will also keep you protected, and the double insulated walls will keep you cool in the summer and warm in the winter! When the current owners were creating this newer property barely 2 years ago, 11/2024 to be exact, they added many upgrades including extra windows and LED lighting, adding to the bright & open spacious feel. The current owners agree that ceiling fans and updated baseboards in the home were a necessity, so they added it already! Making it a move in ready dream. This home also features an open concept, with the living room, dining room & kitchen open and inviting for social gatherings or family time. Kitchen is spacious and has plenty of cabinetry for all of your storage needs and a deep sink facing the window. The laundry room and bedrooms are nearby with the primary bedroom at the end of the hallway. The carpeted primary has a spacious en suite bathroom and large closet. Guest bedroom is generously sized as well. With good space and a hanging closet for your clothes. Laundry room leads to the side entrance, and the oversized driveway can fit multiple cars and an extended paver slab is ready for summertime entertaining! Nice tall new vinyl fencing for privacy and storage sheds will remain for the new owners. Additional pavers and gravel walkway behind the home will help keep it all neat and organized! Sprinkler system has already been installed. The HOA is $134 a month and includes water and access to the clubhouse, pool, shuffleboard & sports courts. With 2 years of ownership, property can be rented. That gives you 2 years to enjoy our beautiful state, check out the beaches & springs, and see what we have to offer! Seller is ready to be closer to their family in another area of the state, come view this one today!
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Our Executive Mortgage Banker:
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$200,000
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 | $160,000 | $160,000 | $160,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.403% | 6.508% | 5.668% |
| Monthly Tax Payment | $33 | $33 | $33 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $958 | $998 | $1,297 |
| Total Monthly Payment | $1,066 | $1,106 | $1,405 |
* 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.