Under contract-accepting backup offers. Welcome to 157 Orangewood Dr. in Lake Wales, a perfect 2005 built, double-wide 3-bedroom/2-bath manufactured home nestled in the Twin Fountains 55+ community. This meticulously maintained residence offers a spacious and well-lit open floor plan, accentuated by a unique "one-way window" in the living room, providing a view of pool and shuffleboard activities while maintaining your privacy.
With over 1400 square feet of living area under air and heat, this home offers ample space to move freely. The living room features updated vinyl plank flooring, seamlessly connecting to the combined living and dining space with an oversized kitchen. The kitchen, including a walk-in pantry, breakfast bar, and updated microwave, provides plenty of storage and countertop space.
The home's thoughtful design includes a split bedroom floorplan, with an oversized primary bedroom on one side and two guest bedrooms on the opposite end. Both guest bedrooms have generous walk-in closets, accompanied by an additional guest bathroom. The primary bedroom features an ensuite bathroom with a double vanity, garden tub, and walk-in shower. The inside laundry room, with extra cupboards for storage, houses newly replaced washer and dryer (11/2023), included with the home. The roof was replaced in 2017.
Situated conveniently close to amenities, this home distinguishes itself with two separate oversized driveways, ensuring ample parking. Enjoy leisurely moments in the wonderful screened porch, and for those handyman, the shed with an additional workshop, complete with double doors for golf cart parking, is a dream come true.
Twin Fountains, an active 55+ community, boasts a budget-friendly $242. 50 monthly HOA fee covering water, sewer, lawn maintenance, internet, cable, and amenities. Residents have access to a heated community pool, clubhouse, shuffleboard, and storage area (subject to availability). The park's prime location ensures quick access to stores, restaurants, and medical facilities within a 15-minute drive. Centrally located near HWY 27, this home is approximately 1. 5 hours away from each coast. Don't miss the chance to make this beautiful home yours today!
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William Raveis Real Estate
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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 | $176,000 | $176,000 | $176,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $176 | $176 | $176 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,186 | $1,170 | $1,484 |
Total Monthly Payment | $1,437 | $1,421 | $1,735 |
* 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.