NOT IN FLOOD ZONE-Welcome to Burnt Store Meadows located in the City of Punta Gorda. Discover a piece of paradise in this 4 bedroom, 2 bath pool home with added bonus room. As you approach, a circular driveway & lush tropical landscaping creates an inviting first impression. Upon entering you will be welcomed by your dining room filled with natural light. Your open concept kitchen, living room & breakfast area is perfect for entertaining. The master bath has dual sinks, walk in shower, 2 large closets and garden tub. This split floor plan ensures privacy and convenience. Ample closets are present in every bedroom. Air Conditioner installed in 2016, Irrigation System 2023, Hot Water Tank 2016, Saltwater Generator, Pool Heater/Filter/ Pump 2022, Reverse Osmosis on sink 2022 and Hurricane Impact Windows 2024. There is also a Hurricane Impact Door to the beautiful secondary bathroom which leads to the outdoor pool area. Spend quality time under your 10x24 lanai complete with new ceiling fans and 3 pocket slider doors. This home backs up to a Greenbelt for added privacy. The fenced in yard is perfect for your family pets. This community is a short drive to Historic Downtown Punta Gorda, Charlotte Harbor and the popular Fisherman's Village.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$489,900
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 | $391,920 | $391,920 | $391,920 |
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 | $410 | $410 | $410 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,607 | $2,605 | $3,360 |
Total Monthly Payment | $3,092 | $3,090 | $3,845 |
* 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.