Located in the desired 55+ community of Del Webb Orlando, this Martin Ray model located within walking distance to the Clubhouse has 3 bedrooms, 2 bathrooms, plus a den. The front entryway features an 8' decorative glass front door. The den/office is located in the front of the home and has French doors. Two additional bedrooms are off to the right side with the guest bathroom featuring a shower/tub combo with tiled walls and granite countertop. The kitchen includes granite countertops, 42" cabinets, backsplash, a large island for all your entertaining needs, a natural gas range, microwave, a raised dishwasher, and a supersized walk-in pantry complete with mini-fridge. The large master retreat is located in the rear of the home for owner privacy and features a large walk-in tiled shower with bench, double sinks, a linen closet and a large walk-in closet. You step through large sliding glass pocket doors onto an extended covered lanai with an additional screened-in area, lighting and a beautiful tranquil view with no rear neighbors. The large laundry room has cabinets for extra storage and a utility sink, and is located next to the primary bedroom for convenience. The garage has a 4' extension and is outfitted with overhead storage. Other upgrades include, owners' entry with built-in drop zone, 8' interior doors, extra shelving in linen and coat closets, updated lighting and landscaping, gutters, and a paver driveway. This home also includes leased solar panels greatly reducing energy costs. This home also features easy access to the community located near the resident-only secondary gate. The $435 semi-annual HOA fee provides 24x7 staffed security gate and master association-owned private road maintenance. Adjacent to recently renovated 18-hole White Heron Golf Club. The $266 monthly Del Webb HOA fee includes exclusive access to resident-owned 30, 000+ SF Montecito clubhouse and amenities. DEL WEBB ORLANDO is a 55+ community with a tavern, indoor walking track, fitness center, indoor and outdoor pools and spas with locker rooms and showers, billiards, ping pong, craft room, and a ballroom for special events. Outdoor activities include pickleball, tennis, bocce, basketball, shuffleboard, community gardening center, an outdoor amphitheater, large brick fire pit and large screened-in gazebo over the water. Miles of biking and walking trails within Ridgewood Lakes gated community. Located conveniently to shopping at Posner Park (4 miles), Disney World, Universal Studios, Orlando & Central FL entertainment nearby. Easy access to I-4, medical facilities, airports & Sunrail Station. Advent Health hospital is 3 miles away.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $348,000 | $348,000 | $348,000 |
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 | $316 | $316 | $316 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,404 | $2,345 | $2,960 |
Total Monthly Payment | $2,795 | $2,736 | $3,351 |
* 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.