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Welcome to 111 Hoover Lane—a spacious and inviting home nestled in a quiet Satsuma neighborhood just off the St. Johns River. This property is tucked away on a huge corner lot, offering an abundance of outdoor space, privacy, and mature greenery that creates a peaceful, park-like setting. Whether you're dreaming of lush gardens, outdoor entertaining areas, or adding a future workshop or garage, this property has room to grow. NO HOA means you have the freedom to make it your own without the restrictions. A small shed on the property adds extra storage convenience and is included with the sale. Inside, you'll find a comfortable and functional layout featuring a traditional living area, a practical kitchen, and two well-sized bedrooms. The home also includes a versatile bonus room with built-in shelving and storage, perfect for use as a third bedroom, office, or creative studio—truly flexible space to fit your lifestyle. Updates throughout include new flooring in the kitchen, dining area, bathrooms, and Bedroom 2, along with brand new light fixtures that brighten every room. The kitchen is equipped with all appliances (minus the dishwasher), and includes a brand new stove, ready for your next home-cooked meal. As a resident, you’ll enjoy private neighborhood access to a boat ramp just one block away, offering direct entry to the beautiful St. Johns River that is ideal for year-round boating, fishing, and water recreation. Whether you're looking for your primary residence, a peaceful retreat, or an investment opportunity, this home delivers value, space, and access to Florida’s natural beauty. Don’t miss the opportunity to own this unique and welcoming property!
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Our Executive Mortgage Banker:
Our Insurance Division:
$165,000
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 |
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Loan Amount | $132,000 | $132,000 | $132,000 |
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% | 7.063% | 6.132% |
Monthly Tax Payment | $121 | $121 | $121 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $834 | $867 | $1,105 |
Total Monthly Payment | $1,030 | $1,063 | $1,301 |
* 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.