Price Improvement! This is a UNIQUE home! In the heart of Kenneth City with easy access to downtown St Pete and a quick drive to the beautiful beaches, with 2 Mother-In-Law suites attached this could be a great multi-generational home, or convert it into one large 4 bedroom 3 bath home, there are options here! The home has a total of 3 electrical meters with each In-Law suite being on their own meter, each suite has a full kitchen, bedroom, bathroom, and living area. Each also has their own private entrance. This property offers the new owner the chance to get creative and put there handyman skills to use, the roof was replaced in 2018 and there are 2 newer mini splits in one of the suites. There is plenty of parking on the oversized circular driveway as well as parking in the rear of the home. Backing up to St Joes creek you wont have any neighbors behind you! There is a small wading pool, workshop, and storage in the backyard, with a underground storage area. While the home is very unique with many possibilities, it will require some work to make it shine again! You couldn't ask for a better location!
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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 | $308,000 | $308,000 | $308,000 |
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 | $137 | $137 | $137 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,049 | $2,047 | $2,641 |
Total Monthly Payment | $2,260 | $2,258 | $2,852 |
* 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.