MOTIVATED SELLER! ALL FURNITURE IN UNIT INCLUDED! SELLER WILL OFFER CREDIT TO BUYER FOR RATE BUY DOWN OR TOWARDS CLOSING COSTS AND PRE-PAIDS!! Welcome to the quiet community of Mission Lakes, a much sought-after Venice community offering a lovely living experience located just minutes away from Venice Island! This PRIVATE SECOND FLOOR two bedroom, two bath condominium has been recently updated to include an open concept kitchen, dining, living room and lanai area. The kitchen boasts newer appliances, Corian countertops, ample storage, and maintenance-free tile floors, making it both functional and stylish. Some of the additional updates include FRESH PAINT, NEW CARPET, NEWER ROOF (2017), NEW AC and DUCT WORK, RE-PIPED, NEW HOT WATER HEATER, NEW WINE REFRIGERATOR. The bright and airy Dining and Living room which has a separate dry bar, opens to the lanai providing a perfect inviting entertaining environment. Enjoy relaxing out on the lanai, an extended part of your living area, which over-looks the tranquil water view, nature and a variety of birds and wildlife. Enjoy your lanai year-round by opening the windows to enjoy a cool breeze or by using the air conditioning as you enjoy your morning coffee or evening cocktail. Mission Lakes offers ample guest parking, a private owner storage room to lock up your bikes, beach chairs and personal items. There is room for two cars parked tandem in the carport, three heated pools and regular community activities, providing opportunities for residents to socialize and enjoy leisure activities. The community is conveniently located minutes to Venice Beach, historic downtown Venice, medical facilities, shopping, and marvelous restaurants. Additionally, residents have easy access to scenic biking and walking trails such as The Venetian Waterway Trail, Shamrock Park, and The Legacy Trail. GREAT RENTAL INCOME PROPERTY!! FURNISHINGS AT UNIT INCLUDED. THE QUARTERLY HOA FEE INCLUDES CABLE TV, WATER, TRASH, COMMON GROUND MAINTENANCE, EXTERIOR MAINTENANCE and ROOF. EMOTIONAL SUPPORT PETS AND SERVICE ANIMALS ALLOWED! Welcome home!
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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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $220,000 | $220,000 | $220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $256 | $256 | $256 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,501 | $1,462 | $1,871 |
Total Monthly Payment | $1,832 | $1,793 | $2,202 |
* 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.