306 Paradise LANE, Edgewater, FL, 32132 | $250,000

Charming single family attached 2 bedroom and 2 bath home with single car garage. This home sits on an elevated site and is an easy to maintain block and stucco home. High celings and kitchen open to the living area and rear screened porch gives good outdoor views. Front door has storm door with screen for those months the air is cooler and can flow through this home. Shangra-La Village is small and private with no through traffic. A small gated courtyard offers an attractive entry way to the front door. The owner replaced the roof in Febuary of 2023, HVAC was new in October 2022. Refrigerator replaced in October 2021 and stove July 2023. Primary bath is very netural color tile and glass shower enclosure. 2nd bathroom has neutral tile and tub/shower combo. Annual HOA fee is $100. 00. Kitchen has tile countertops and good cabinet storage. Easy access from the kitchen to the garage for unloading shopping bags. If you like to walk with very little traffic this small community is easy to manage. The location is approxmately 3 blocks from the River. Edgewater offers a public boat ramp as well as walking and biking path along Riverside Dr. The local YMCA is located 3 blocks west of this small community as well as local resturants. the beach is 25 +/- minutes east for those who enjoy the surf and sun.

Features

  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 38 x 110
  • Laundry: In Garage
  • Year Built: 1985
  • Garage: 1-car Garage Door Opener
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 942
  • Acreage: 0.1
  • Lot Size: 38 x 110
  • Est. Taxes: $267
  • HOA Fee: $100 Annually
  • Elem. School: Indian River Elem
  • Middle School: New Smyrna Beach Middl
  • High School: New Smyrna Beach High
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Refrigerator
  • MLS#: NS1082191
  • Days on Market: 103 days
  • Website: https://www.raveis.com
    /prop/NS1082191/306paradiselane_edgewater_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 11/10/2024 3:15:17 AM)
Listing courtesy of COASTAL AND COUNTRY PROPERTIES   Phone: 386-410-2910

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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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306 Paradise LANE, Edgewater, FL, 32132

$250,000

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 $200,000 $200,000 $200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.042% 6.160%
Monthly Tax Payment $22 $22 $22
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,331 $1,314 $1,687
Total Monthly Payment $1,428 $1,411 $1,784

* 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.