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Welcome to 360 Buchannan Dr, a standout home built by Richmond American Homes, the builder that raised the bar for the Davenport area. While many builders were still selling 10–20-year-old floorplans and rushing homes in 3–4 months, Richmond introduced brand-new floorplans, modern designs, 10-foot ceilings, 8-foot doors, and a more thoughtful seven-month build process. They also led the way in energy efficiency, with homes scoring around 68 on the HERS index when most others were near 100. That means lower electric bills, less strain on HVAC equipment, and a healthier indoor environment—thanks to better double-pane windows and doors, oversized center-open sliders, and R-38 attic insulation.
The seller is the original owner, and this home was personally designed from the ground up. They selected the floorplan, added optional windows, and structural upgrades, and chose every finish at a full design studio—floors, cabinets, cabinet configuration, quartz counters, undermount sinks, barn door, wood grain ceramic tile, lighting fixtures, recessed cans, kitchen pendent lights, appliances, and all the small details that make the home feel cohesive and intentional. This level of personalized is no longer available from any builder in this area. Dont miss the tech center office space by rear sliding door.
Since moving in, they’ve continued to improve the home with a whole-home water softener, gutters, a vinyl privacy fence, smart-home features, landscaping and a connection for an EV charger in the garage.
A major bonus: the solar panels will be fully paid off at closing, giving the new owner locked-in energy savings of over $150 A month. Over time, that’s essentially like getting$20, 000 off the price of the home, making this property an exceptional value.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$324,550
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 | $259,640 | $259,640 | $259,640 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.933% |
| Monthly Tax Payment | $528 | $528 | $528 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,557 | $1,620 | $2,156 |
| Total Monthly Payment | $2,160 | $2,223 | $2,759 |
* 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.