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Not your average Birmingham!! This must-see villa is special. Not only does it feature 2 bedrooms, 2 bathrooms, enclosed lanai and office area off the kitchen like other villas of the same floor plan, this Birmingham has special features including: a 15 X 9 ft air conditioned bonus room that can double as study, craft room etc. , an enclosed laundry/storage room, and 2 recently updated skylights in the kitchen which give off wonderful natural light. Other recent updates include: painted interior and exterior, Double French doors leading to Lanai, Luxury vinyl plank flooring, new HVAC in 2019, new windows in 2009, new roof in 2016, a newer hot water heater, a water softner as well as a 16 x 9 concrete patio-great for grilling with your friends. The monthly HOA fee includes; roof maintenance & repair, exterior painting every seven years, exterior maintenance and insurance, landscaping, trash & recycling, basic cable, 24/7 guarded gates and all the amenities that OTOW has to offer. This is a true golf cart community with access to three shopping centers, close to medical, retail and hospitals.
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:
$173,900
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 | $139,120 | $139,120 | $139,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $148 | $148 | $148 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $879 | $914 | $1,165 |
Total Monthly Payment | $1,102 | $1,137 | $1,388 |
* 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.