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Welcome to an exceptional opportunity on Davis Islands to create your dream home without exceeding your budget! This spacious residence features significant updates in key areas while remaining affordable. Upon entry, you are welcomed by an expansive combined living and dining area adorned with lovely terrazzo floors in a soft white hue, complemented by subtle flecks that add character. This inviting space also boasts double French doors that open to the side patio, allowing ample natural light to flood the room. Adjacent to the dining area is the galley kitchen, which is functional and well-equipped. It showcases beautiful handmade tile work that is truly remarkable. Next to the kitchen, you’ll find a generously sized pantry and laundry room, providing ample storage. Continuing down the hallway, you will discover numerous closets, as well as the first two bedrooms. The second bedroom features an ensuite bath, while a full bath is conveniently located at the end of the hall. The third bedroom, located at the back left of the home, serves as one of two primary suites, with the second suite located upstairs. The downstairs suite includes an adjacent sitting room and a large walk-in closet, along with a bathroom that features a stunning artisan-crafted mosaic tile work, including Blenko glass. Additionally, this suite has a separate exterior entrance, making it ideal for an in-law or guest suite. A mini-split unit is also installed for enhanced comfort. The fourth bedroom functions as a versatile space, serving as a pass-through to the expansive rear great room and upstairs. This room can easily be transformed into an office. The great room itself is impressive, filled with light and surrounded by windows, with access to both the rear and side yards. It also includes a substantial storage closet beneath the stairs, providing additional convenience. The grand staircase leading to the second floor is truly striking. Upon reaching the top, you are greeted by cathedral ceilings and wrap-around windows, as well as a wet bar and sitting area that may require some updating. However, this space is brimming with potential and simply needs a touch of care. The upstairs primary suite is generously sized, with an equally spacious closet. While the bathroom may need some attention, it features a high-quality Steamist Steam bath system and exquisite handmade mosaic art tiles. The adjacent room could easily be enclosed to create an additional bedroom, further enhancing the home's functionality. Lastly, the property boasts newer windows, was re-plumbed in 2023, and underwent remediation after Helene. This home offers a remarkable canvas for those willing to invest a little love and creativity.
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:
$1,400,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,120,000 | $1,120,000 | $1,120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.277% | 6.235% | 6.203% |
| Monthly Tax Payment | $333 | $333 | $333 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,625 | $6,805 | $9,451 |
| Total Monthly Payment | $7,083 | $7,263 | $9,909 |
* 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.