According to analysts, there will be a 4% increase in home prices by 2025. . . and with dropping interest rates, I'd schedule a showing today of this promising property before you tell yourselves, "Shoulda', coulda', woulda'. . . "
The average rate on a 30- and 15-year mortgage is around 6. 0% - 6. 7%! Maybe you ought to call your lender now because as interest rates drop, the demand for housing will increase. . . so don't miss out, make the call, and schedule your showing today of this great investment.
About the property:
If privacy, serene lake view, boating, kayaking, lake life is what you’re seeking. . . this might just be the one for you especially if tucked away from city noise but within steps from public transportation and stores as well as minutes from Sunset Beach and Howard Park to enjoy some of the Gulf's most spectacular sunsets:
•Cozy third floor condo offering spectacular views of Lake Tarpon and beyond.
•This turn-key one bedroom condo comes fully furnished for your easy move-in featuring several beneficial amenities:
•Home Warranty through August 1, 2025.
•All stainless-steel kitchen appliances: refrigerator, glass-top electric stove with oven, mounted microwave, and dishwasher. Granite countertops complement the wood cabinets, ceramic tiled floor, and ceiling fan lighting fixture. The beautiful laminate plank flooring not only keeps you cooler but it is easy to maintain and hassle free.
•To keep your home comfortably cool, a new Nest thermostat is in place which may be controlled from your phone.
•Enjoy your screened-in balcony with sliding glass doors providing the utmost serene, relaxed state of mind from its gorgeous views of Lake Tarpon.
•Sofas, a television, dining table and chairs are just some of the items that convey with the sale.
•Also included with the condo is one assigned Carport #1306, one assigned Storage #35, and a private mailbox.
•To make your life that much easier, the rubbish chute is located next to your front door, laundry is steps from your front door, as well as elevators and stairs.
•Onsite management is also available during normal business hours.
•Lake Tarpon Sail and Tennis offers an active lifestyle from a variety of amenities such as grilling by the Lake, boating, kite boarding, windsurfing, canoeing, community pools, shuffleboard, tennis and pickleball courts. There is also a launch pad for jet skis.
•Poperties such as this one are a dream for many, so don't miss out and schedule your showing today of this fabulous lakeview condo!
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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 | $183,200 | $183,200 | $183,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $178 | $178 | $178 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,219 | $1,218 | $1,571 |
Total Monthly Payment | $1,472 | $1,471 | $1,824 |
* 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.