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Under contract-accepting backup offers. PUNTA GORDA HOME WITH MAJOR SYSTEM UPDATES AND ROOM FOR COSMETIC IMPROVEMENTS. This property features a functional layout and several key upgrades already completed, creating a solid foundation for future finishing touches.
Important systems have been addressed, including a 2020 air conditioning system, updated electrical components, and all new plumbing. Additional improvements include updated ductwork and insulation, hurricane impact windows, and newer kitchen components such as the stove and dishwasher.
According to the seller, there is no known history of flooding, termite activity, mold, or fire damage, and the major systems are operational. The kitchen is functional, and the overall structure is reported to be in stable condition.
The interior still needs cosmetic work, including bathroom updates, minor wall repairs, and interior and exterior paint, allowing the next owner to update finishes and personalize the space to their taste.
Located in a residential area of Punta Gorda, the property provides convenient access to shopping, dining, parks, and everyday amenities, along with easy access to major roadways throughout Southwest Florida.
A home with important upgrades already completed and the flexibility to finish the interior to match your vision.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$165,000
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 | $132,000 | $132,000 | $132,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | $254 | $254 | $254 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $729 | $781 | $1,052 |
| Total Monthly Payment | $1,058 | $1,110 | $1,381 |
* 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.