Under contract-accepting backup offers. GREAT OPPORTUNITY FOR A FAMILY THAT WOULD LIKE TO BUILD A SECOND HOME FOR FAMILY MEMBER. This 4 bedroom 2 bath home has an adjacent lot fronting on Ramona Ave. . The home rests on a very nice tree shaded lot which is high and dry with pave road frontage. Located 1 mile from Deleon Springs State Park, and near Chuck Lennon Park, the home has hardwood floors, cedar closets, and spacious rooms. Deleon Springs State Park is famous for its 72 degree spring water, majestic live oak trees, and one of a kind pancake house where you make your own pancakes. The park also has a boat launch which leads to Spring Garden Run which takes you to Lake Woodruff, Lake Dexter and the historic St. John River. Chuck Lennon Park has softball fields, tennis courts, racquetball, mountain biking trail, soccer fields, play ground and much more. The property is a short drive to Walmart and other major stores located in Deland. Daytona Beach is located about 30 minutes away. Don't miss out on this deal. Schedule a showing as soon as possible.
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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 | $203,920 | $203,920 | $203,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $46 | $46 | $46 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,357 | $1,355 | $1,748 |
Total Monthly Payment | $1,478 | $1,476 | $1,869 |
* 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.