MOVE IN READY!! 2 PARKING SPOTS INCLUDED WITH THIS PRIVATE, PEACEFUL CORNER UNIT-Welcome home to the gated luxury of Fountain Court. This SOLID, SMOKE FREE and METICULOUSLY maintained Ibis model end unit boasts 3-bedrooms, 2-bathrooms and comes FULLY FURNISHED/TURNKEY; just bring your toothbrush! With almost 1800 sq/ft of living space, this unit features an abundance of natural light. Enter the home via the screened front entry into the tiled dining and living room that leads to the large tiled, screened, and private lanai with gorgeous views of parklike tropical landscaping and pond in back. The kitchen features granite counter tops, an inviting bright breakfast nook with east facing windows as well as a convenient breakfast bar for more casual mornings. The primary bedroom suite features a tray ceiling, walk in closet, direct lanai access via sliding glass doors and a private bathroom with dual sinks, large walk-in shower, soaking tub, and white cabinetry. The guest bathroom features a large walk-in shower and pedestal sink. This unit includes an assigned underbuilding parking space paired with an extra-large storage unit in front of the parking space. -BONUS- this unit includes an additional owned 2nd parking spot under building 2. This extra spot provides you and your guests added protection from the elements. All windows feature impact resistant glass while the lanai has the added protection of accordion hurricane shutters. Fountain Court is a freshly painted, updated community with lower condo dues than many developments in the area. This community is very near downtown Punta Gorda, the public library, farmers markets, Fisherman’s Village and Sunseeker Resort. This community offers residents a wide variety of activity options, including a huge heated swimming pool, water aerobics, pickleball/ tennis courts, a club house with fitness center, kitchen, billiard room, and library. Additionally, the large storage unit also includes two bikes, tools, and pool toys, making this unit nearly worry free and perfect for year-round living or as an investment/winter retreat. All assessments are PAID. NO STORM DAMAGE
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William Raveis Mortgage, LLC
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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 | $276,542 | $276,542 | $276,542 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.775% | 6.790% | 6.034% |
Monthly Tax Payment | $414 | $414 | $414 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,887 | $1,771 | $2,296 |
Total Monthly Payment | $2,376 | $2,260 | $2,785 |
* 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.