Welcome to the socially active 55+ community of Meadowcroft North located in a non flood zone on same electrical grid as Blake Hospital. This condominium style residence has been completely updated and is plenty spacious enough for a primary or second home. NEW roof, A/C, Hot Water Heater and Hurricane Windows. This home with 2 Bedrooms, 2 Baths, a Den and Screened Porch has 1359 square feet of living space. The kitchen is a chef’s dream. High end materials from Sarasota Flooring & Decor. Huge counters, cupboards, cabinets, pantry and utility closet provide an abundance of storage. The U- shaped kitchen design makes cooking a pleasure. It is equipped with a glass top stove, Bosch dishwasher, large refrigerator/freezer, deep kitchen sink, tip out sponge tray, reverse osmosis filtration system, corner recycling bin, multiple electric outlets and ceiling fan. The glass backslash sparkles from several recessed lighting units. The double kitchen window above the sink allows for natural light and nice views of the community. The Great Room (living & dining) has tiled flooring, crown molding, base molding, ceiling fan, chandelier and stained-glass doors into the Den. The Master Bedroom has crown & base molding, tiled floor, closet door molding, recessed lighting, chandelier, rope lighting, ironing board cabinet. The master bath shower stall is fully tiled, has a pebbled floor, corner seat, handheld showerhead, ceiling fan / light, build in soap shelf, frosted privacy sliding door, bidet commode, large medicine cabinet, four draw vanity electrified with outlet for shaver or hair dryer, mirror and 3- light brushed nickel vanity lighting. The Guest Room has tile flooring with base molding, very suitable for family visits or a home office. The Den provides so much versatility and options. This could be for your hobby room; collectables, arts & crafts, painting, photography or Happy Hour. It is Bright & Cheery, with a separate A/C system, tiled floor, window blinds, storage closet and ceiling fan. The Screened Porch is the perfect place for your morning coffee or to relax at sunset. The Meadowcroft Community has an active social calendar which includes the Garden Club, Book Club, cards, poker, bingo, monthly dinners, day trips, community BBQ, Pool exercise classes, Yoga, Holiday gatherings and more. Additional amenities include a heated resort style pool, tennis, pickle ball & shuffleboard courts, a huge library, Club house with kitchen & dance floor, gazebo, and fishing dock. This sought-after community is in an excellent location close to shopping, restaurants, doctor’s offices and of course the gorgeous beaches of Anna Maria Island
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Our Executive Mortgage Banker:
Our Insurance Division:
$274,900
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 | $219,920 | $219,920 | $219,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $117 | $117 | $117 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,500 | $1,462 | $1,886 |
Total Monthly Payment | $1,692 | $1,654 | $2,078 |
* 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.