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Under contract-accepting backup offers. First Time Homebuyers and Investor Alert!!! This 3 bedroom and almost 2 full bathroom house is ready for you to make it your own! One bathroom is missing the toilet and sewer line was capped off. This could potentially be a full bath again, making this property a 3/2. Front Porch, Back Porch & Caged Patio. KENSINGTON PARK, NO HOA rules, NO HOA FEES! Great Location. . . Near UTC, shopping, downtown Sarasota, beaches and I-75! There is a new park/playground on 27th Parkway. All site and building information was gathered from the Sarasota County Property Appraiser's Website. Buyers/Buyer's agent must verify all information.
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Our Executive Mortgage Banker:
Our Insurance Division:
$289,900
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 | $231,920 | $231,920 | $231,920 |
| 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 | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | $91 | $91 | $91 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,372 | $1,428 | $1,880 |
| Total Monthly Payment | $1,538 | $1,594 | $2,046 |
* 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.