Nestled on enchanting Magnolia Avenue with its majestic oak tree canopy, this newly reconstructed 1925 gem offers an unparalleled blend of timeless and modern elegance. The cozy front porch invites you to soak in picturesque surroundings. Enter into a flowing living and dining layout with captivating crown molding and chic lighting. The Chef's kitchen is a culinary masterpiece, boasting Big Chill appliances, custom cabinetry, and large quartz island with a dual-zone wine fridge, ideal for intimate or large gatherings. Ascend to the second level to discover the luxurious master suite, adorned with quality fixtures in a spa-like setting. Two additional bedrooms offer perfect accommodations for guests or a home office. Level 3 unveils an inviting flex space able serve as an office, extra bedroom, or child's play area, catering to your unique lifestyle. The fenced backyard offers a tiled, private oasis, perfect for outdooor dining under the stars. Seller is offering concession. Welcome to this exquisitely reconstructed historical home located on the breathtaking Magnolia Avenue. Minutes from Vilano Beach & downtown, this 1925 lovingly, re-built gem seamlessly combines timeless architecture with contemporary comfort, offering a lifestyle of sophistication and convenience. The cozy front porch invites you to unwind and soak in the picturesque surroundings. Once inside, you'll be captivated by the flowing living/dining layout adorned with crown molding and chic lighting, creating an ideal ambiance for entertaining. Double-pane Low-E glass in the windows contribute to energy efficiency. The heart of this home is the Chef's kitchen, a culinary masterpiece featuring state-of-the-art appliances, custom cabinetry, and a spacious quartz island with a dual-zone wine refrigerator. This space is perfect for hosting intimate gatherings or large soirées. Retreat to the second floor, where the luxurious master en-suite awaits. This serene haven boasts ample closet space, Restoration Hardware fixtures, and a thermostatic shower valve to regulate temperature. The bright and airy 2nd and 3rd bedrooms offer versatility for guests or an office. On level three, discover an inviting flex space, perfect for an office, 4th bedroom, or children's play area. The fenced backyard features a spacious, tiled patio, ideal for outdoor dining during the cooler months. This private oasis is perfect for entertaining or enjoying a quiet evening under the stars. Seize the opportunity to own this magnificent property, where charm and sophistication meet. Experience a blend of historical elegance and modern luxury, offering a lifestyle of comfort and convenience in every detail.
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William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,036,000 | $1,036,000 | $1,036,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.371% | 6.372% | 6.182% |
Monthly Tax Payment | $1,123 | $1,123 | $1,123 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,379 | $6,379 | $8,742 |
Total Monthly Payment | $7,627 | $7,627 | $9,990 |
* 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.