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Welcome to the meticulous Stone Creek Townhomes at K-Bar Ranch community. This rare gem townhome offers 3 bedrooms, 2. 5 baths, and a first floor flex space on a conservation lot. Priced below market to reflect a known drywall issue, this home offers the rare chance to complete a full renovation in as little as 3 months and unlock immediate equity in a highly sought-after area. Enter into a foyer with the flex space to the left of the entrance. The flex space creates an area for a home office, dining room, or a playroom. The dinette, family room, and kitchen has an amazing view that outlooks the conservation area in the rear of the home. The view of the conservation makes mornings and evenings in the screened in lanai area even more pleasant after a long day of work. The oversized backyard space can be fenced in as added privacy and security. The laundry room and the under stair storage area can be customized with spice racks and shelves to maximize your living space. The second floor bathrooms have divided vanities with plenty of countertop space. Desired kitchen additions include espresso 42” cabinets, stainless steel appliances, granite countertops, and a mosaic tiled backsplash. As an added bonus, the laundry room has an utility sink and the home has a water filtration system installed. This community is walking distance to Pride Elementary school, the local parks, and the under construction recreational center. Need a pool? The community amenities center has a gated community pool, playground, basketball courts, tennis courts, and numerous benches throughout the area. This home is perfect for Buyers ready to renovate and customize the living space, Investors seeking rental income in a high-demand area, or Homeowners looking to build instant equity in a prime location. HOA includes lawn care, WiFi, cable, exterior maintenance, and access to pool, tennis courts, and walking trails. Walking distance to brand new community playground and a Recreation Center now under construction. Just 15 miles to Tampa International Airport and minutes to Wesley Chapel shops, I-75, and I-275. Don’t miss your opportunity to live in a well-maintained and quaint community in the desired New Tampa area.
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Our Executive Mortgage Banker:
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $235,920 | $235,920 | $235,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.095% | 7.141% | 6.152% |
Monthly Tax Payment | $403 | $403 | $403 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,491 | $1,568 | $1,975 |
Total Monthly Payment | $1,968 | $2,045 | $2,452 |
* 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.