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Under contract-accepting backup offers. Beautiful home in the heart of Crescent Heights! The home was built in 1928 so it embodies the charm of the era while undergoing a major addition and renovation in 2002 by the contractor owner, it's been well maintained and loved by the same family for the last 25 years. The home has AMAZING potential and great bones (including 27 different wood species in custom floor inlays), with 2, 652sf boasting 4 bedrooms, 3 bathrooms, office, laundry room, living room, dining room and kitchen that opens to large family room, the layout is fantastic. The large lot is 9, 525sf, with a detached 2-car garage and UNFINISHED 500sf ADU on top (current owner built ADU to drywall, with permits, but has since expired. Ready for new owner to complete the project to their liking!). Upon entry to the home, you'll see the original 1928 fireplace in the formal living room. You'll also notice exquisite light coming through the office/library windows off the formal living room. Walk-through the dining room with incredible wood detailing to the huge open kitchen, with an island, wood cabinets and granite countertops. Kitchen also has counter seating which opens to the family room, complete with high-ceilings and wet-bar for entertaining. The master bedroom has ample closet space including a walk-in closet in the spacious bathroom. His/Hers sinks, roman tub, shower and a WC closet complete with bidet! Bedroom 2 & 3 are connected by a Jack & Jill bath. The 4th bedroom connects to the 3rd bathroom, as well as hallway access so a perfect guest bathroom! As you exit the family room, there's a screened in porch. Master bedroom French doors also open to screened porch. The backyard has ample space for a pool, swing-set or any kind of outdoor entertaining. Yard has irrigation system and well along with mature Papaya, mango, lemon and Mulberry trees. The two-car garage has a half bath and has a 500sf unfinished ADU with its own entrance, making it perfect for renting for additional income or even as an office/studio space. This home has incredible potential and once ADU is complete, will be over 3000sf with 5 bedrooms and 4 bathrooms. Call for an appointment to view.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $959,200 | $959,200 | $959,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.799% | 6.511% | 6.349% |
Monthly Tax Payment | $1,372 | $1,372 | $1,372 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,751 | $5,984 | $8,159 |
Total Monthly Payment | $7,248 | $7,481 | $9,656 |
* 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.