148 LAKE MARGO Drive, Satsuma, FL, 32189 | $280,000

Welcome to this immaculate single-family home nestled in the highly sought-after Bayou Club 18+ community. Spanning a comfortable 1440 square feet, this waterfront gem boasts 3 spacious bedrooms and 2 full bathrooms, offering the perfect blend of comfort and convenience.

Step inside to find a well-maintained interior that exudes a warm and inviting ambiance. The home is move-in ready, saving you the hassle and expense of renovations. The carport provides additional storage and protection for your vehicle.

One of the standout features of this home is the back screen porch. Imagine enjoying your morning coffee or winding down in the evening with the tranquil waterfront view as your backdrop. It's the perfect space for relaxation or entertaining guests.

The modest HOA fee covers the community pool, clubhouse, and boat ramp upkeep. Located on Murphys Creek that leads to the St. Johns River, which is known as Bass Capital of the world. Private boat ramp and for convenience there is an optional boat slip you can rent for an additional $25/month. The community also has a shared area to park boats and/or Rv's for safe keeping.

Features

  • Amenities: Boat Dock, Boat Slip, Clubhouse, RV/Boat Storage
  • Bedrooms: 3
  • Baths: 2 full
  • Year Built: 2007
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,440
  • Est. Taxes: $2,951
  • HOA Fee: $75 Monthly
  • View: Pond
  • Water Front: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
  • MLS#: 2051228
  • Days on Market: 44 days
  • Website: https://www.raveis.com
    /prop/2051228/148lakemargodrive_satsuma_fl?source=qrflyer
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Customer Service

888.699.8876

Contact@raveis.com

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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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

148 LAKE MARGO Drive, Satsuma, FL, 32189

$280,000

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 $224,000 $224,000 $224,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $246 $246 $246
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,490 $1,489 $1,889
Total Monthly Payment $1,811 $1,810 $2,210

* 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.