VILLAS OF CEDAR CREEK! Another option to select from! This villa is all updated and ready for you to spend your vacations here or downsize into this 2/2 villa with spacious room sizes and walk in closets. . . and it comes sparkling clean with many upgrades - vinyl plank floors throughout, remodeled kitchen, baths have had some updates as well. New roof installed in April, as well as freshened up and some new landscaping, plus a fresh painted garage floor. The A/C is only a year old and the electric panel has had recent updates. The breezeway connects the 2 car garage to the front door of villa keeping you out of weather when unloading your car. This home is on a "garden" lot, and just steps from the pavered path to the pool/spa. A fantastic investment opportunity as this home comes furnished with the essentials - what you see is what you get - just fill in with your most personal wants and needs and outfit your kitchen. A nice amount of storage, too. Make it a seasonal rental or your vacation get away! Low HOA fees with 2 HOA's will run you just about $220/mo. Covers your maintenance free yard, pool/spa/clubhouse and maintains the ponds. This location cannot be beat as it sits just off University Parkway! You are 5 minutes to shopping, restaurants and less than 10 minutes to I-75 - you'll never have to leave the corridor as everything you want is right here. Community is pet friendly as well, so bring the fur babies as there is no pet weight limit. Cedar Creek is surrounded by ponds and mature landscaping and did great in the storms! No flooding in here - easy to get in and out - no road issues. The villas are BUILT TO LAST - CONCRETE BLOCK AND SOLID! If you need a home at this price while you renovate, rebuild or have decided to relocate where it's high and dry PLEASE check this out! Fantastic investment opportunity here.
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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 | $295,200 | $295,200 | $295,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $314 | $314 | $314 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,039 | $1,989 | $2,511 |
Total Monthly Payment | $2,428 | $2,378 | $2,900 |
* 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.