Welcome to 3479 Arrowwood Dr, a stunning property located in a desirable, well-established neighborhood in South Lakeland, where each home sits on an acre-plus lot. This meticulously maintained residence features a new A/C system installed in July 2022, a new roof from December 2021, and a freshly serviced septic tank as of 2024. The exterior brick was sealed in 2023, ensuring long-lasting durability, and a new water heater was added in 2024. Additionally, the property includes a new chimney cap installed in 2023. A standout feature of this home is the detached building, which functions as a workshop and garage. It is equipped with a 240 outlet and wired for 220, making it ideal for a machine shop or heavy equipment. This versatile space also offers the potential for an RV hookup and can accommodate a whole-house generator. The detached garage, also could easily be transformed into an auxiliary dwelling unit or small rental, or used as a home business space—talk about versatility! With no HOA restrictions, you are free to bring your RV, boat, and any other toys you might have. The home boasts a beautiful carved wood front door that opens into a welcoming and spacious foyer. Inside, you will find a convenient laundry room and a utility storage closet. The screened and covered back porch serves as a beautiful extension of the living area, providing ample private space for dining and entertaining. The interior of the home includes 3 bedrooms, 3 full bathrooms, a living room, dining room, family room, and kitchen with an eat-in area. The family room features a charming stone fireplace, perfect for cozy gatherings. Outside, the large covered front porch adds to the home’s inviting appeal. The property also includes an attached 2-car garage and a detached 2-car garage/workshop in the backyard. Situated on a 1. 09-acre corner lot, the backyard is shaded by mature, majestic oak trees, offering a serene and picturesque setting. A huge bonus room provides versatile space that can be used as a game room, workout room, additional bedroom, or a private office for remote work. This excellent flex space can suit your individual needs for work, exercise, play, and more. Enjoy all that Lakeland has to offer! This great location is just minutes away from restaurants, shopping and medical facilities. Easy commute to Tampa and Orlando. Located 4 miles from Hwy 60 and 7 miles from the Polk Parkway that connects to I-4, this allows for quick and easy access to all Central Florida, Hospitals, Airports, Walt Disney World, Legoland and other Theme Parks and FLORIDA BEACHES!! Come and experience the unique blend of comfort, functionality, and beauty that 3479 Arrowwood Dr has to offer.
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Our Executive Mortgage Banker:
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$539,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $431,200 | $431,200 | $431,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | $171 | $171 | $171 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,869 | $2,833 | $3,610 |
Total Monthly Payment | $3,132 | $3,096 | $3,873 |
* 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.