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REDUCED. The Seller is offering financing with as little as 5% down payment on the purchase, depending on credit scores, at single-digit bank rates. 5 bedrooms & 2 bathrooms, or 4 bedrooms and a big office. You choose. Either way you slice it, this home is ready for you and your needs. This Cinnamon Ridge home has been renovated "top to bottom, " including new flooring throughout, all-new bathrooms with new vanities, new plumbing fixtures/toilets, new tile in the shower and bathtub stalls, and all-new light fixtures/switches. It's super clean, light, bright, and smells great! The roof and HVAC are ~10 years old and are in great condition, too. There's a big ole' covered porch on the front, and a decent-sized porch, just waiting to be covered, on the back of the home. Cinnamon Ridge is a centrally located neighborhood with easy access to all areas of Citrus County and the surrounding areas. The Suncoast Parkway is located less than a mile away. It's accessed via Gulf to Lake Hwy, which is State Hwy 44, running from one side of the State to the other. Homosassa and Crystal River are just a hop and skip from the home as well. Need to park a boat, RV, or work trailer? You can do that here. There's an oversized concrete driveway just waiting for a carport to cover it. Need space to store "stuff"? Would a 10x16 shed work for you? If so, we've got you covered there, too. All of this is located on one quarter of an acre adjacent to a County easement, which gives you the "feel" of a yard with just under a half an acre, without the "feel" of paying taxes on it. Buyers are expected to pay for title insurance and doc stamps.
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Our Executive Mortgage Banker:
Our Insurance Division:
$180,000
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 |
|
|---|---|---|---|
| Loan Amount | $144,000 | $144,000 | $144,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $193 | $193 | $193 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $887 | $909 | $1,196 |
| Total Monthly Payment | $1,155 | $1,177 | $1,464 |
* 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.