BIRD WATCHER'S DREAM! Well-loved two bedroom, two bathroom home in active 55+ community. SO MUCH TO OFFER in this comfortable home with water view. Plenty to enjoy in the 25' enclosed rear porch overlooking a lovely pond where the bird watching is a daily event. The home features a single car garage and a carport. The efficient kitchen has a breakfast bar and closet pantry. Split bedrooms both with views of the pond. The large, primary bedroom has double closets and an en suite bathroom with shower. The second bedroom has a walk-in closet and is near the convenient laundry closet. The second bathroom has a tub/shower combo. The spacious living room is the hub of the home and has a great connection with the kitchen and dining room. Roof replaced in 2021. Central A/C (2019). Newer carpet and vinyl flooring. Appliances included. Lovely landscaping! The land owned and pet friendly community of Ridgewood Oaks offers a heated pool & spa, 24-hour guarded gate, clubhouse, tennis courts, pickle-ball courts, shuffle ball courts, covered outdoor fitness equipment, and plenty of opportunities to make new friends. Ridgewood Oaks is near retail, dining, worship, the public library, outlet malls, I-75, and of course the Manatee River. NO LOT RENT! Monthly fees are $205 and include internet, cable, trash, & grounds maintenance. House may also be leased with no waiting period, making it a possible investment property.
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Our Executive Mortgage Banker:
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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 | $187,920 | $187,920 | $187,920 |
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 | $49 | $49 | $49 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,250 | $1,249 | $1,611 |
Total Monthly Payment | $1,374 | $1,373 | $1,735 |
* 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.