Are you ready to downsize but the only 55+ condos you can find are just too small? Look no further! This one has almost 1400 square feet of living area and an attached garage! The large master bedroom features a private bath and a 5’x7’ walk-in closet! In addition to the living room and formal dining room, there’s also a very sweet 15’x9’ room with great natural light, perfect for an office, den, or just a quiet, reading room. This home has been very well maintained and features updated kitchen and bathrooms. The condos in Dollar Lake Village II rarely come on the market, so don’t delay! The Dollar Lake swimming pool is only about 400 feet from this unit. The monthly condo fee covers water, sewer, trash, insurance on the building, escrow reserves, roof repairs/replacement, all exterior maintenance including painting, grounds care, irrigation, cable, internet, outdoor pest control, and use of the Dollar Lake swimming pool. The nominal Timber Oaks HOA fee includes full use of the 15, 000 square foot Timber Oaks recreation center: fitness room, billiards, game rooms, library, the Timber Oaks swimming pool, library, and auditorium. There are various social, community events year-round at the clubhouse. Outdoor facilities feature tennis & pickle ball courts, shuffleboard, and bocce. Enjoy the pier or just the view of Footprint Lake which is directly behind the recreation complex. HCA Florida Bayonet Point Hospital is only 9 minutes away. Hudson Beach, Sam’s Beach Bar, and the locally famous Inn on the Gulf are only 10 minutes, Tampa International Airport is about 40 minutes, world-famous Clearwater Beach is one hour, and the sponge docks of Tarpon Springs are about 30 minutes. What’s not to like?
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William Raveis Real Estate
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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 | $151,920 | $151,920 | $151,920 |
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 | $58 | $58 | $58 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,011 | $998 | $1,281 |
Total Monthly Payment | $1,144 | $1,131 | $1,414 |
* 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.