Folks, you MUST CHECK OUT THIS NO FLOOD ZONE, SINGLE FAMILY HOME with an ADU(Addt'l dwelling unit) for RENTAL INCOME to help pay your mortgage! I am selling my completely fenced, 1950's 2 BD (0r 3 bd as there are 2 closets & doors in master bdrm) 1-1/2 bath, with 1 car garage, concrete block home, 1216 Sq Ft TOGETHER with an ADU (Additional Dwelling UNIT) 572 Sq Ft PRIVATE APT built in 2018 with 1 Bdrm, 1 bath COMPLETELY FENCED And PRIVATE ENTRANCE, FROM THE MAIN HOME, to assist with your mortgage payment, This property situated on an oversized lot, (9100 sq ft)!Total Living sq ft for this property is 1792! The family room in the main home is 27X19, in addition to a screened enclosed patio/sunroom! The updates are endless beginning with the NEW ROOF in 2022, NEW A/C in 2022, Exterior completely painted in Nov. , 2023, New Microwave and garbage disposal (Oct, 2024)an updated OPEN KITCHEN with stone countertops with beautiful cherry cabinets, A HUGE YARD with luscious landscaping with ALL NEW PROVISTA SOD, a well with irrigation to lower your water bill, polished hardwood floors, newer windows in 2019, and much more! THE 572 Sq Ft ADU was built new in 2018 with plenty of separate/private parking, completely fenced off from the main home, brand new PIONEER Mini Split, (Aug, 2024) there is a parking pad for a smaller boat or RV that is also fenced off in the rear of the property. There is also a workshop for the man/woman of the home with electric, another shed for lawn equipment and a back yard that's big enough to add your POOL! What more could you ask for? Oh, Pavers you want? There are pavers throughout the property and again the property is 57 ft above sea sea level, NO FLOOD ZONE! The property is 3/4 mile to 275, and 1-2 miles to the closest pickleball courts and downtown St Petersburg where the nightlife is plentiful! TELL YOUR BUYERS AGENT TO SHOW YOU THIS HOME, to live and rent out the rear ADU, or rent the entire home and ADU for great income potential!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$629,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $503,200 | $503,200 | $503,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.760% | 7.042% | 6.160% |
Monthly Tax Payment | $501 | $501 | $501 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,475 | $3,306 | $4,212 |
Total Monthly Payment | $4,068 | $3,899 | $4,805 |
* 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.