Motivated Sellers! Custom-built home featuring FULLY PAID-OFF SOLAR PANELS and IRRIGATION WELL in the Premier Gated Community of Water Ridge. As you approach this spacious 3 Bedroom/ 2 Bath home you will be greeted by a lovely front porch adorned with pavers. Entering the house you will pass through a beautiful Leaded Glass Front Door with a stunning leaded glass Transom Window that enhances the Foyer. You can enjoy partaking in the culinary arts with a well-equipped kitchen offering Granite Countertops that perfectly complement the Custom Cabinetry trimmed out with Crown Molding and Soft Close Hinges. Glass Block Windows located under the kitchen cabinetry, along with a Stone Subway Tile Backsplash add a designer touch and contribute to the theme of plentiful natural lighting throughout the home. The kitchen’s Center Island allows for ample seating to include guests and cleanup is made easier with smudge proof slate appliances. In the tradition of Florida indoor/outdoor living, the Great Room features a Stacking Moving Glass Wall System flooding the room with natural lighting and offering sweeping outdoor views of Lake Van and Lake Medora. Enjoy hosting guests in the open concept spacious Living Room, spacious Dining Areas, and the Large, Air Conditioned, Glass enclosed Lanai offering magnificent sunset views of both Lake Van & Lake Medora. Luxurious, Porcelain Wood Plank flooring is featured throughout the main living areas of this home. Retire to the generously sized Master Bedroom Suite featuring wall to wall carpeting and a Walk in Closet. The Master Bathroom offers a beautifully Tiled Shower with a Rain Glass Enclosure, linen closet, dual sinks, lighted mirrors and a comfort height vanity. Don’t like high utility bills? This house features Low E Windows, solar blinds, Fully Paid Off Solar Panels that make the home extremely energy efficient, and it has its own Irrigation Well. Storge concerns? Guest Bedrooms feature Dual Closets and the Attic contains 8’x16’ flooring for extra storage. The Laundry Room continues the theme of luxury with Custom Cabinetry. Like working in the garage? The 3 Car Garage includes a Mini-Split AC Unit, durable Epoxy Floor Coating, and Retractable Garage Door Screens. Not to be out done by the home’s interior, the exterior of the house has an Oversized Paved Driveway, a beautiful stone façade, plantation shutters and lovely landscaping. This wonderful home is sited on a Premium Lot with no rear neighbors. Water Ridge is a one of a kind, upscale, gated community, situated amongst 3 lovely lakes. The community itself provides great amenities such as multiple tennis and pickleball court complexes, 3 pools, boat ramps, access to all 3 lakes, gym facilities, boat/RV storage, community fishing docks and a beautiful club house. It is conveniently located between Tampa and Orlando off the I-4. Close to Universal Studios, Disney Parks, Adams Estate, Shopping, Restaurants and much more!
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Our Executive Mortgage Banker:
Our Insurance Division:
$549,900
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 | $439,920 | $439,920 | $439,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $399 | $399 | $399 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,924 | $3,710 |
Total Monthly Payment | $3,417 | $3,414 | $4,200 |
* 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.