Reduced $5, 000! Own a piece of history with this enchanting historic home in Downtown Palatka featuring riverfront views & the versatility for either commercial or residential use as part of the Downtown Riverfront District. Nestled on nearly a quarter-acre in the South Historic District, this elegant residence, exudes timeless charm. Boasting 12 foot ceilings, a nearly new oak hardwood floor thoroughout the home & 3 oversized bedrooms w 2 recently renovated luxurious spa-worthy bathrooms, this home is ready for its next owner. An open kitchen, complete with a large island and professional gas range is ready for your next party. The enclosed porch - perfect for morning coffees & a captivating fenced backyard complete with fruit trees & Tesla charging station for Green Living - further enhance the charm of this graceful home. Additional living space possible in the full attic. Home is residential w exception and may be used for for commercial use. See MLS #2029206 for more info. Be part of all the new Growth in Putnam County but live in the small town of Palatka w convenient shopping and restaurants - Located on the Mighty St. Johns River, and the Bass Capital of the World, Downtown Palatka is a quaint and charming historic town with its Main Street ending at the River. View the 30 murals depicting the historical, cultural, and natural riches of Palatka and Putnam County, and see one of the county's oldest trees, The Maltby Oak, a centerpiece of Palatka at the County Courthouse. Palatka is host to many events including the Blue Crab Festival held annually every spring -See here : https: //www. palatkabluecrabfestival. com/ Enjoy great food, and national musical acts during this large festival with Blue Crabs of course being the featured dish.
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Our Executive Mortgage Banker:
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$630,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $504,000 | $504,000 | $504,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $260 | $260 | $260 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,438 | $3,350 | $4,250 |
Total Monthly Payment | $3,790 | $3,702 | $4,602 |
* 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.