1020 N Elm STREET, Englewood, FL, 34223 | $225,000

**Prime Renovation Opportunity in Englewood, FL!**Seller is offering a credit for $15k to the buyer for repairs!**This home did not flood, safe in both storms!**


Offered at a competitive price! Discover the potential at 1020 N Elm St, a hidden gem in the heart of Englewood, waiting for your vision. This property is the perfect canvas for those looking to create their dream home or invest in a promising project. With an open floor plan and a spacious kitchen layout, the possibilities are endless for customization and upgrades.

The home features a converted lanai, providing additional space that can be tailored to your needs, whether it's a sunroom, office, or expanded living area. Major updates have already been taken care of, with a new HVAC system and water heater installed within the last five years, giving you a solid foundation to build upon.

Located in a quiet, well-established neighborhood, this property is just minutes from dining, shopping, and all the amenities Englewood has to offer. If you're searching for a renovation project with great potential in a prime location, 1020 N Elm St is the opportunity you've been waiting for. Bring your creativity and make this house your next masterpiece!

Features

  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 100 x 99
  • Laundry: Inside
  • Year Built: 1972
  • Garage: 2-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,603
  • Acreage: 0.22
  • Lot Size: 100 x 99
  • Est. Taxes: $2,354
  • Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • MLS#: T3549975
  • Days on Market: 59 days
  • Website: https://www.raveis.com
    /prop/T3549975/1020nelmstreet_englewood_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 11/22/2024 1:39:51 PM)
Listing courtesy of MARK SPAIN REAL ESTATE   Phone: 855-299-7653

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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1020 N Elm STREET, Englewood, FL, 34223

$225,000

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 $180,000 $180,000 $180,000
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 $196 $196 $196
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,198 $1,196 $1,543
Total Monthly Payment $1,469 $1,467 $1,814

* 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.