TWO PARCELS -2. 55 ACRES -CORNER PROPERTY-PRIVATE LAKE/POND (ALT Key # 1124280, 11242271) This property and home has been loved by the same family for over 34 years with special touches that make it cozy. Under the Giant Oaks you can take a break, sit on the benches to take in all beauty of nature and wildlife, with birds and ducks floating on your private pond. COMPLETELY FENCED WITH ADDITIONAL BUILDINGS/SHOPS. Open floor plan with updated kitchen granite countertops, breakfast bar with plenty of space for prep and serving and also has beautiful solid wood cabinetry. The dining room and study/sitting room are just off the foyer. This home has large TV/game room plus separate office which provides many spacious options. A screened patio is off the Game Room and has rear entrance to the back yard. This home has a split floorplan with guestrooms off the family room and master suite with vanity & walk in shower conveniently located near the kitchen. This home has a "Pure One" water filtration system for water and the irrigation system has timer which all run off the private well. THE ADDITIONAL ONE ACRE PARCEL used to be home to horses and the outbuilding was the barn. Now is the owner's multi-shop and storage area plus single car garage. Additional building was owners wood shop. WITH 2. 55 ACRES YOU CAN MAKE IT YOUR OWN! NOTE: SQ FOOT MEASUREMENTS INCLUDE RESIDENCE HOME & OUTBUILDING SHOPS - GREAT LOCATION Just 5 minutes to downtown Mt. Dora or the entrance to Hwy# 429. DON'T MISS THIS OPPORTUNITY! Please view Feature Sheet in Attachments
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William Raveis Mortgage, LLC
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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 | $500,000 | $500,000 | $500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $137 | $137 | $137 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,411 | $3,323 | $4,217 |
Total Monthly Payment | $3,640 | $3,552 | $4,446 |
* 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.