Second Floor End Unit Located in the Wonderful Community of Valencia Gardens with Lush Tropical Grounds! With over 1, 700 SF Under Air this Unit Features 3 Bedrooms, 2 Bathrooms, One Assigned Carport Space, Bamboo & Tile Floors Throughout, Updated 2nd Bathroom Shower in March 2024, Foyer Entry, Split Plan, Glass Enclosed Lanai with Hurricane Impact Glass Sliding Doors, Laundry in the Unit with Full Size Washer & Dryer, 2 Large Storage Closets, Updated Electric Panel 2016, Hot Water 2022 & New AC 2016. Close to the Community Heated Swimming Pool & Spa. Convenient to the Sarasota International Airport, IMG Academy, IMG Academy Golf Club (a semi private club with Clubhouse, Grill Room & Dining Room overlooking Sarasota Bay), Bradenton Tennis Center, State College of Florida, Shopping & Dining. New Roof November 2024. Seller will credit $1000. 00 towards a new Hood Microwave Oven (not working), Table Top Microwave Oven Stays with the Unit and Cook Top (not all the burners are working). Unit can be Rented Immediately, NO Waiting Period in this Section of the Community!
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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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $231,920 | $231,920 | $231,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $383 | $383 | $383 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,543 | $1,541 | $1,989 |
Total Monthly Payment | $2,000 | $1,998 | $2,446 |
* 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.