5831 Michigan AVENUE, New Port Richey, FL, 34652 | $219,900

Under Construction. Property is a newly constructed 3 bedroom /2 bath to FEMA new rules of elevation and inspections up to or/including plumbing rough/top out and electric rough in inspections are complete. We have the mechanicals (hvac system) ready to go. Next is insulation, drywall, etc. It is on public water with existing septic. It has a very large front yard for extra cars and boats. Existing driveway and a concrete pad for large shed. Electric is 220. Mature trees and gardens, Fenced side and rear. Seller is extremely busy at the moment and cannot get back to it yet. Located just a few blocks from downtown Main St and Sims Waterfront Park. Boat ramp a few blocks away as well as the elementary school. Convenient to all major roads and all community amenities.

Features

  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, Laundry Room
  • Style: Ranch
  • Year Built: 1958
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,150
  • Acreage: 0.23
  • Est. Taxes: $1,096
  • Lot Desc: Level, Near Marina, Near Public Transit
  • Elem. School: Richey Elementary School
  • Middle School: Gulf Middle-PO
  • High School: Gulf High-PO
  • Appliances: None
  • MLS#: TB8315255
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8315255/5831michiganavenue_newportrichey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/14/2024 8:17:06 AM)
Listing courtesy of BETTER CHOICE REAL ESTATE   Phone: 410-963-6631

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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

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5831 Michigan AVENUE, New Port Richey, FL, 34652

$219,900

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 $175,920 $175,920 $175,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.276%
Monthly Tax Payment $91 $91 $91
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,200 $1,169 $1,484
Total Monthly Payment $1,366 $1,335 $1,650

* 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.