Under contract-accepting backup offers. NO HOA, DEAD END STREET, QUIET NEIGHBORHOOD. This is a beautiful split bedroom plan home located in an established neighborhood in Lake Alfred, Florida. PER COUNTY RECORDS, THE EFFECTIVE AGE OF THIS HOME IS 2000. This is a three bedroom/ two bath residence. The fenced yard is nicely sized at . 29 acre. The large living room has beautiful wood floors with a sliding glass door leading to an enclosed porch that could easily become an office or family room. The primary bedroom and ensuite were redone in 2024 and both are quite spacious. There is a sitting area at one end of the primary bedroom. The new bathroom is light and bright with a beautiful new shower and a large walk-in closet. The kitchen was renovated in 2022 with new cabinets, granite countertops and an island. The dining room is located off the kitchen at the front of the home and has a large window that overlooks the front yard. The other two bedrooms and bath are on the opposite side of the house. There is also a two-car garage located at the front of the house. Washer and dryer hook ups are located in the kitchen and in the garage which gives you a choice of location preference. The mature landscaping gives the front yard lots of privacy. There is loads of parking for your family and guests on the long driveway. Roof and a/c were installed in 2018. The balance on the solar panels that buyer will assume at closing is $39, 000 with an interest rate of 2. 9% and a monthly payment of 180. 00. Last electric bill for the seller was $3. 00. . . . . quite a savings due to the panels.
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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 | $227,920 | $227,920 | $227,920 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $58 | $58 | $58 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,516 | $1,515 | $1,922 |
Total Monthly Payment | $1,649 | $1,648 | $2,055 |
* 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.