Under contract-accepting backup offers. Welcome to your hidden gem in the heart of Melwood Oaks—a villa that proves you really can have it all without breaking the bank! As you arrive at this end unit 2-bedroom, 2-bathroom beauty, you’ll be greeted by your very own private courtyard—perfect for sipping morning coffee or sneaking in a little sunshine. Inside, prepare to be wowed by high ceilings and a flood of natural light that highlights the luxury vinyl plank flooring throughout. The kitchen has been updated with stainless steel appliances and modern hardware transforming the space. Barstool seating space is perfect for meals on the go, in this open concept space. The owner’s suite is your personal sanctuary, complete with a walk-in closet big enough to satisfy even the most avid shopper. And with an ensuite bathroom, you’ll never have to share your space again. The second bedroom is perfectly sized for guests, who’ll have their own nearby bathroom. But wait, there’s more! Head out to the screened-in lanai, where laundry day gets a serious upgrade with your own private laundry closet. And if you’ve got a four-legged friend, they’ll love the fully fenced backyard—no leash required. Living in Melwood Oaks means saying goodbye to yard work and hello to more “me time” with low-maintenance living that includes grounds maintenance, cable, and internet. Plus, you’ll have access to a community pool for your enjoyment year round, all with low HOA fees. Tucked away yet perfectly positioned near US 19, with easy access to I75, 275, and US 41. This allows for an easy commute to Bradenton, St. Petersburg and Sarasota and our beautiful Gulf Coast Beaches. What more can you ask for? Schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$250,000
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 | $200,000 | $200,000 | $200,000 |
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 | $110 | $110 | $110 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,331 | $1,329 | $1,715 |
Total Monthly Payment | $1,516 | $1,514 | $1,900 |
* 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.