251 W Horatio AVENUE, Maitland, FL, 32751 | $750,000

Incredible opportunity to own one of the oldest homes in Maitland. This charming 2-bedroom, 1-bathroom Florida vernacular-style home, built in 1886, sits on a half-acre lot in the heart of Maitland just one home from Lake Sybelia. The original windows, doors, high ceilings and brick street out front give this home so much character, with a large screened-in back porch perfect for relaxing and catching refreshing lake breezes. Out back behind the butterfly garden, you’ll find a small guest cottage, or mother-in-law suite, converted from what was originally a chicken coop in the early 1900s. Notably, the shower of the detached guest cottage has a glass ceiling. Your guests will appreciate having their own full kitchen, driveway entrance and parking area. The home was RE-WIRED in 2020 and has had a TERMITE BOND for decades.
This home is one of a dying breed and many of its contemporaries have been wiped away to make room for modern construction. Many of the homes around it are new and large and the neighborhood is an eclectic mix. Those who appreciate its rustic allure will recognize the unique opportunity it presents. Bring your vision and creativity to breathe new life into this historic gem in one of the most fantastic neighborhoods in Central Florida.

Features

  • Rooms: 4
  • Bedrooms: 4
  • Baths: 2 full
  • Laundry: Outside
  • Style: Bungalow
  • Year Built: 1886
  • Garage: 1-car
  • Heating: Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 1,648
  • Acreage: 0.47
  • Est. Taxes: $3,414
  • Elem. School: Lake Sybelia Elem
  • Middle School: Maitland Middle
  • High School: Edgewater High
  • Pet Policy: Yes
  • Appliances: Range, Refrigerator
  • MLS#: O6186234
  • Days on Market: 116 days
  • Website: https://www.raveis.com
    /eprop/O6186234/251whoratioavenue_maitland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/22/2024 8:47:09 PM)
Listing courtesy of LPT Realty   Phone: 877-366-2213

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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251 W Horatio AVENUE, Maitland, FL, 32751

$750,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $600,000 $600,000 $600,000
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 $285 $285 $285
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,042 $3,988 $5,060
Total Monthly Payment $4,418 $4,364 $5,436

* 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.