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Come and see one of the most affordable “Non Age Restricted”, “Land Owned” homes in Bradenton Florida, home is newly updated and impeccably clean. You won’t have to lift a finger just bring belongings and move right in. Home is located in the Fair Lane Acres community which is Land Owned with low maintenance fee of only $134 water, sewer cost inclusive. Park has amenities featuring, swimming pool, shuffle board and pickle ball court as well as large clubhouse with many activities. Home features 2 Bedrooms, 2 bath with new tub and surround, newly remodeled kitchen with separate dining area, beautiful lania and large living room area. Ample storage with 2 storage areas attached to a 2 car carport. All newer appliances will be included: Washer, Dryer, Refrigerator and Stove. A special feature of this home is the brick and concrete rap around sidewalk leading to front entry, then continuing to a beautifully landscaped patio with palm trees and a real Florida feel for entertaining. Great location with a multitude of shopping, restaurants, and entertainment nearby. You are only 6 miles from SRQ airport, 8 miles to beautiful beaches and Anna Maria Island, a quick 10 miles gets you to to downtown Sarasota. A convenient and affordable option for those seeking a relaxed Florida lifestyle. Schedule a visit today to see this special place.
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Our Executive Mortgage Banker:
Our Insurance Division:
$117,500
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 | $94,000 | $94,000 | $94,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.648% |
| Monthly Tax Payment | $58 | $58 | $58 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $556 | $579 | $762 |
| Total Monthly Payment | $689 | $712 | $895 |
* 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.