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One or more photo(s) has been virtually staged. Welcome home to the quaint community of Melwood Oaks. This Palmetto hidden gem is a registered single-family townhouse/villas community that is non-age restricted and allows for a variety of finance options. Ideal for first-time home buyers, this delightful 2-bedroom, 2-bathroom townhouse boasts an array of practical and comfortable updated features. Step into a spacious open-floor plan accentuated by vaulted ceilings, giving the living space an airy and expansive feel. Enjoy preparing meals in the modern kitchen, complete with updates and a pleasant view overlooking the great room—perfect for entertaining or quiet nights in. Both bathrooms in the home are thoughtfully updated, minimizing your need for renovations. Low-maintenance vinyl flooring throughout the home means more time to relax and less time spent on upkeep. The enclosed Florida room offers a great spot for morning coffees or evening relaxation with views of the water. On practical notes, the home includes a one-car garage with laundry facilities, adding to the convenience. Enjoy the perks of a community that takes care of your ground maintenance and provides amenities such as a community pool - all while keeping HOA fees low at only $240 per month, which also covers your cable and internet. Located conveniently near I-275 and I-75, your commute to St. Petersburg, Tampa, Bradenton, or Sarasota will be a breeze. Plus, you're just a short drive from our Beautiful Gulf beaches, shopping at Ellenton Outlet Mall, and various dining options. Explore the potential of making this townhouse your new home today, and experience the blend of comfort and convenience firsthand!
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:
$280,000
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 | $224,000 | $224,000 | $224,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.295% | 6.644% |
Monthly Tax Payment | $249 | $249 | $249 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,509 | $1,509 | $1,936 |
Total Monthly Payment | $1,833 | $1,833 | $2,260 |
* 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.