Under Construction. Momentum Homes presents the Magnolia, a masterfully crafted 5-bedroom, 4. 5 bathroom pool home with a media room, plus study, all with designer-selected finishes. Centrally-located in the heart of South Tampa on a nearly quarter-of-an-acre corner lot, this property is sure to check all of your boxes. Step inside this luxury home to French Oak wood floors, crown molding, and 10-ft ceilings throughout. The kitchen features all Thermador appliances; a 48-inch gas range, and custom shaker cabinets with quartz countertops, seamlessly connecting to the butler’s pantry equipped with a wine fridge. The kitchen is the heart of the home and opens to a grand living room great for entertaining or enjoying a quiet evening in front of the 60-inch gas fireplace. The first floor includes an en suite bedroom perfect for guests, plus an office. Head upstairs and unwind in the media room, which includes a snack bar and beverage center. Four additional bedrooms are on the second floor, including the primary suite. Outdoors the property is secured with vinyl fencing for privacy while you enjoy the heated pool and spa surrounded by natural stone and a fully-equipped outdoor kitchen. Along with ample living space and beautiful appointments, you will find a sense of peace within this two-story block construction home built high and dry with an engineered truss system and hurricane strapping, all Impact-rated windows, and located in Flood Zone X, Evacuation Zone C. The property is zoned for A-rated Grady-Coleman-Plant. Schedule a showing today and be in your dream home by the new year!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,699,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,159,200 | $2,159,200 | $2,159,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.851% | 6.704% |
Monthly Tax Payment | $184 | $184 | $184 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,826 | $14,005 | $18,809 |
Total Monthly Payment | $14,135 | $14,314 | $19,118 |
* 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.