3122 SE 157th Lane ROAD, Summerfield, FL, 34491 | $449,900

Located at the end of a cul-de-sac in the deed restricted community of Vermillion Estates - this 3. 32 acre property exudes privacy. The home is set back from the street and is surrounded by mature trees, beautiful ferns and landscaping. The well-kept, concrete block and stucco home has been updated through the years and boasts luxury vinyl plank flooring and vaulted ceilings in the living space. The kitchen features newer cabinetry with beveled edge laminate countertops and a new range. The primary bedroom also offers luxury vinyl plank flooring, two walk-in closets and an ensuite bathroom with walk-in shower and separate water closet. The two spare bedrooms share a bathroom with shower/tub combo. Off the living space is a spacious screened porch with a jacuzzi hookup, which leads to an additional patio/firepit area. You will also appreciate the attached 2 car garage and full indoor laundry room. The detached workshop has electric, water and an attic for additional storage. Additional updates and features include: generator hookup, new garage doors, solar tubes, decorative painted sidewalk and parking pad, perimeter fencing and new architectural shingle roof in 2010. This is one of the largest lots in Vermillion Estates and is surrounded by other farms and acreage properties. Centrally located in Summerfield, you have easy access to shopping, dining and major roads leading to The Villages, Ocala and i75. Please enjoy the video and 3D tours of this lovingly cared for property!

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 246 x 539
  • Laundry: Inside, Laundry Room
  • Year Built: 1988
  • Garage: 2-car Garage Faces Side
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 1,662
  • Acreage: 3.32
  • Lot Size: 246 x 539
  • Est. Taxes: $1,813
  • Lot Desc: Cul-De-Sac, Oversized Lot, Pasture, Street Dead-End, Zoned for Horses
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Range, Washer
  • MLS#: OM680641
  • Days on Market: 9 days
  • Website: https://www.raveis.com
    /prop/OM680641/3122se157thlaneroad_summerfield_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 7/6/2024 1:05:57 PM)
Listing courtesy of REMAX/PREMIER REALTY   Phone: 352-732-3222

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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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3122 SE 157th Lane ROAD, Summerfield, FL, 34491

$449,900

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 $359,920 $359,920 $359,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.815% 7.159% 6.538%
Monthly Tax Payment $151 $151 $151
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,395 $2,392 $3,086
Total Monthly Payment $2,621 $2,618 $3,312

* 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.