1016 Elm STREET, Okeechobee, FL, 34974 | $295,000

WHAT'S SPECIAL: POOL HOUSE, METAL ROOF, LARGE SCREEN ROOM, FLORIDA ROOM, $15, 000 CASH BACK AT CLOSING - USE IT FOR YOUR DOWN PAYMENT! Price reduced by Motivated Seller, new price is $295K or best offer. Lake O Access; goes to each coast. Buckhead Ridge 3/2 features a 2015 metal roof, 2024 stove, 2024 refrigerator, 2018 A/C, and 2024 commodes in both bathrooms. Ceramic tile throughout the house, includes a large screen room and florida room. Separate pool house with pool inside the screen room, and one bath efficiency with new chest freezer, small refrigerator and counter with sink behind pool room. Full house Generac generator, Acreage . 27. Also see adjacent property 1030 Cypress for sale. Both properties together have provided a scenic and private multi-residence property wrapping around the end of the Canal, used by Owner and extended family for 10 years, with easy access to canal and rim canal bike path for fishing, kayaking, and biking. Alternately, live in one house and rent the other for steady income. Discount package price of $550k for both properties. .

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Room
  • Year Built: 1973
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,128
  • Acreage: 0.28
  • Est. Taxes: $3,997
  • Pool: Above Ground, Screen Enclosure, Vinyl
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: OK223947
  • Days on Market: 40 days
  • Website: https://www.raveis.com
    /prop/OK223947/1016elmstreet_okeechobee_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/11/2024 12:47:08 PM)
Listing courtesy of ANDERSON REALTY   Phone: 863-634-4106

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1016 Elm STREET, Okeechobee, FL, 34974

$295,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $236,000 $236,000 $236,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.932% 7.282% 6.498%
Monthly Tax Payment $333 $333 $333
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,610 $1,590 $2,024
Total Monthly Payment $2,018 $1,998 $2,432

* 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.