Under contract-accepting backup offers. Great Buy Alert in Summerwood. This centrally located ranch is MOVE IN READY and located on a quiet cul de sac. A NEW ROOF was installed in 2023, the exterior recently painted and fresh landscaping installed. The home has a wide open floor plan, newer stainless appliances, vaulted ceilings, neutral tile in common areas and laminate flooring in the bedrooms. It also has a lovely screened in lanai and large concrete pad out back for relaxing. The primary bedroom suite is split from the other 2 bedrooms for privacy. There is also a nice breakfast nook off the kitchen and laundry room off the 2 car garage. Summerwood is located between Bee Ridge and Fruitville off Cattleman. You are close to dining, grocery stores, and just miles away from UTC and the airport. You are also about 10 miles from the award winning beaches on Siesta Key. The home is not located in a flood zone and insurance is very reasonable with new roof. This is a good one. Don't let this one get away.
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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 | $343,200 | $343,200 | $343,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $137 | $137 | $137 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,341 | $2,281 | $2,919 |
Total Monthly Payment | $2,553 | $2,493 | $3,131 |
* 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.